Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BUFB)

96 + Investors. Track Smart Money conviction in BUFB. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +11
Streak
3Q ▲
Buyers last Q
66%

Smart Money Signals — BUFB

Based on 96 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added BUFB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
96 hedge funds hold BUFB right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +20% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+20% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 66% buying

56 buying29 selling
Last quarter: 56 funds were net buyers (18 opened a brand new position + 38 added to an existing one). Only 29 were sellers (22 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+7 vs last Q)

new funds entering per quarter
Funds opening a new BUFB position: 3 → 12 → 11 → 18. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

41% of holders stayed for 2+ years

■ 41% conviction (2yr+) ■ 35% medium ■ 24% new
39 out of 96 hedge funds have held BUFB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
🚀

Acceleration phase — new buyers rushing in

13 → 3 → 12 → 11 → 18 new funds/Q
New funds entering each quarter: 3 → 12 → 11 → 18. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
📊

Mixed cohorts — 38% veterans, 31% new entrants

■ 38% veterans ■ 31% 1-2yr ■ 31% new
Of 96 current holders: 36 (38%) held 2+ years, 30 held 1–2 years, 30 (31%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
5 of 96 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — BUFB

In 2026 Q2, 56 hedge funds were net buyers of BUFB (18 opened a new position, 38 added to an existing one), while 29 reduced or exited (22 trimmed, 7 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +11 funds (more new holders than closures). Total institutional holders: 96.

Hedge Fund Ownership: BUFB

How many hedge funds hold BUFB — quarterly history vs. share price
Quarterly hedge fund ownership of BUFB vs. share price

Market Analysis: BUFB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BUFB

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 1 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: BUFB
96 + Investors

Track Smart Money conviction in BUFB. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 96 85 12.94%
13F Shares 6M 4M 34.35%
Total Value $220M $150M 46.96%
New Positions 18 11 +7
Increased Positions 38 30 +8
Closed Positions 7 9 -2
Reduced Positions 22 26 -4
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BUFB

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Institutional Holders (2026 Q2)

96 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in BUFB. Verified SEC 13F-HR filings.

QUARTER:
Top 25 BUFB holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Columbia Advisory Partners LLC 4.08% 188,191 $7.4M
2 Benson Wealth Management INC 3.65% 92,290 $3.6M
3 Capital Wealth Management, LLC 2.23% 235,709 $9.3M
4 Gwn Securities INC. 1.54% 234,909 $9.2M
5 Sykon Capital LLC 1.52% 125,550 $4.9M
6 Optima Capital LLC 1.18% 75,844 $3.0M
7 Mtm Financial Group, LLC 1.10% 65,588 $2.6M
8 Ofc Financial Planning, LLC 1.07% 30,766 $1.2M
9 Seros Financial, LLC 1.01% 49,188 $1.9M
10 Heritage Wealth Management, Inc. 0.83% 85,010 $3.3M
11 Syntegra Private Wealth Group, LLC 0.58% 191,269 $7.5M
12 Mkd Wealth Coaches, LLC 0.53% 15,740 $619K
13 Kfg Wealth Management, LLC 0.51% 115,479 $4.5M
14 Encompass More Asset Management 0.49% 85,704 $3.4M
15 Foronjy Financial LLC 0.38% 26,118 $1.0M
16 4J Wealth Management LLC 0.37% 19,354 $761K
17 Balance Wealth Partners LLC 0.34% 32,371 $1.3M
18 Continuum Wealth Advisors, LLC 0.34% 25,380 $998K
19 Diligent Investors, LLC 0.33% 38,160 $1.5M
20 Chapman Financial Group, LLC 0.24% 9,010 $354K
21 Bedel Financial Consulting, Inc. 0.23% 61,726 $2.4M
22 Caliber Wealth Management, LLC / Ks 0.19% 49,314 $1.9M
23 Curtis Advisory Group, LLC 0.18% 23,177 $911K
24 Kathmere Capital Management, LLC 0.17% 80,399 $3.2M
25 Diversify Advisory Services, LLC 0.13% 200,219 $7.8M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Innovator Etfs Trust (BUFB)

What does the Smart Money Trend signal show for BUFB?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added BUFB than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for BUFB?

More buyers than sellers — 66% buying: Last quarter: 56 funds were net buyers (18 opened a brand new position + 38 added to an existing one). Only 29 were sellers (22 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BUFB holders?

Smaller funds dominant — 13% AUM from top-100: 5 of 96 holders rank in the top 100 by AUM, but together hold only 13% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BUFB?

41% of holders stayed for 2+ years: 39 out of 96 hedge funds have held BUFB for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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