Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (EJAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +5
Streak
3Q ▲
Buyers last Q
54%

Smart Money Signals — EJAN

Based on 93 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 EJAN 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
93 hedge funds hold EJAN 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.
🚀

Fast accumulation — +31% more funds vs a year ago

fund count last 6Q
+22 new funds entered over the past year (+31% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟡

Slight buying edge — 54% buying

41 buying35 selling
Last quarter: 41 funds bought or added vs 35 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 7 → 11 → 24 → 13. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

49% of holders stayed for 2+ years

■ 49% conviction (2yr+) ■ 15% medium ■ 35% new
46 out of 93 hedge funds have held EJAN 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.
📈

Growing discovery — still being found

5 → 7 → 11 → 24 → 13 new funds/Q
New funds entering each quarter: 7 → 11 → 24 → 13. A growing number of institutions are discovering EJAN each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Veteran-anchored — 52% veterans vs 38% newcomers

■ 52% veterans ■ 11% 1-2yr ■ 38% new
Entry-cohort mix of 93 holders: 48 (52%) are 2+ year veterans, 10 entered 1–2 years ago, and 35 (38%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
6 of 93 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.4
out of 10
Moderate Exit Risk
Exit risk score 4.4/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 — EJAN

In 2026 Q2, 41 hedge funds were net buyers of EJAN (13 opened a new position, 28 added to an existing one), while 35 reduced or exited (27 trimmed, 8 sold completely) — a 54% buyer ratio, indicating a slight buying edge. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +5 funds (more new holders than closures). Total institutional holders: 93.

Hedge Fund Ownership: EJAN

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

Market Analysis: EJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: EJAN

-- --

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

Is It Too Late to Buy Innovator Etfs Trust (EJAN) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much EJAN has moved relative to its sector benchmark (SPY) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 85d ago
EJAN
+3.8%
SPY
+3.3%

EJAN outperformed SPY by +0.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 40d ago
EJAN
+2.1%
SPY
-0.7%

Since the filing became public, EJAN outperformed SPY by +2.8% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

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
1.9
/ 10
conviction
Hedge Fund Positioning: EJAN
91 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 91 88 3.41%
13F Shares 3M 3M 9.5%
Total Value $100M $86M 15.92%
New Positions 13 24 -11
Increased Positions 28 31 -3
Closed Positions 10 8 +2
Reduced Positions 26 18 +8
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: EJAN

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

91 + investors

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

QUARTER:
Top 25 EJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Long Island Wealth Management, Inc. 3.48% 234,341 $8.4M
2 Access Financial Services, INC. 2.33% 197,501 $7.1M
3 BFI Wealth Solutions, LLC 1.31% 49,286 $1.8M
4 Corrado Advisors, LLC 1.21% 73,236 $2.6M
5 Cornerstone Wealth, LLC/TN 1.03% 56,921 $2.0M
6 Liberty Atlantic Advisors LLC 0.86% 33,128 $1.2M
7 Arlington Capital Management, Inc. 0.54% 24,285 $874K
8 JDM Financial Group LLC 0.39% 31,535 $1.1M
9 Cape Investment Advisory, Inc. 0.38% 39,762 $1.4M
10 My Personal CFO, LLC 0.38% 26,990 $972K
11 HFG Wealth Management, LLC 0.33% 9,173 $330K
12 MBL Wealth, LLC 0.32% 132,021 $4.8M
13 Diligent Investors, LLC 0.27% 33,399 $1.2M
14 Gill Capital Partners, LLC 0.24% 25,512 $918K
15 Compass Advisory Group LLC 0.22% 25,946 $934K
16 Talon Private Wealth, LLC 0.21% 50,109 $1.8M
17 NewCorp Financial Services, Inc. 0.20% 7,127 $257K
18 Onyx Bridge Wealth Group LLC 0.19% 58,339 $2.1M
19 First Heartland Consultants, Inc. 0.16% 69,367 $2.5M
20 SageView Advisory Group, LLC 0.15% 118,318 $4.0M
21 Legacy Capital Wealth Partners, LLC 0.14% 20,884 $752K
22 WPWealth LLP 0.14% 25,965 $935K
23 Signal Advisors Wealth, LLC 0.10% 53,465 $1.9M
24 Vantage Point Financial LLC 0.09% 7,749 $279K
25 Triad Wealth Partners, LLC 0.08% 37,644 $1.4M
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 (EJAN)

What does the Smart Money Trend signal show for EJAN?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added EJAN 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 EJAN?

Slight buying edge — 54% buying: Last quarter: 41 funds bought or added vs 35 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for EJAN holders?

Smaller funds dominant — 7% AUM from top-100: 6 of 93 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held EJAN?

49% of holders stayed for 2+ years: 46 out of 93 hedge funds have held EJAN 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.

Is it too late to buy Innovator Etfs Trust (EJAN) following the 2026 Q2 hedge fund 13F filings?

As of today, EJAN has moved +2.1% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +2.8%. Since the quarter end (June 30, 2026), EJAN has gained +3.8% vs +3.3% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

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.

Full history →