Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (JAJL)

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

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
51%

Smart Money Signals — JAJL

Based on 88 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
88 hedge funds hold JAJL 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 — +7% more funds vs a year ago

fund count last 6Q
+6 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

36 buying35 selling
Last quarter: 36 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.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 20 → 15 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 27% entered in last year

■ 1% conviction (2yr+) ■ 72% medium ■ 27% new
Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

17 → 13 → 20 → 15 → 10 new funds/Q
New funds entering each quarter: 13 → 20 → 15 → 10. JAJL is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
📊

Mixed cohorts — 1% veterans, 42% new entrants

■ 1% veterans ■ 57% 1-2yr ■ 42% new
Of 88 current holders: 1 (1%) held 2+ years, 50 held 1–2 years, 37 (42%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
3 of 88 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — 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 — JAJL

In 2026 Q2, 36 hedge funds were net buyers of JAJL (10 opened a new position, 26 added to an existing one), while 35 reduced or exited (25 trimmed, 10 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 88.

Hedge Fund Ownership: JAJL

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

Market Analysis: JAJL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: JAJL

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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.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.7
/ 10
conviction
Hedge Fund Positioning: JAJL
88 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 88 88 -
13F Shares 5M 5M -3.17%
Total Value $135M $133M 0.95%
New Positions 10 15 -5
Increased Positions 26 24 +2
Closed Positions 10 15 -5
Reduced Positions 25 27 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: JAJL

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Institutional Holders (2026 Q2)

88 + investors

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

QUARTER:
Top 25 JAJL holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peak Wealth Management LLC 1.71% 81,328 $2.4M
2 Kingsview Wealth Management, LLC 0.58% 1,602,395 $47.9M
3 Weaver Capital Management LLC 0.46% 71,151 $2.1M
4 BFI Wealth Solutions, LLC 0.37% 16,500 $494K
5 Triad Wealth Partners, LLC 0.26% 144,388 $4.3M
6 Sykon Capital LLC 0.25% 27,160 $812K
7 Encompass More Asset Management 0.23% 53,059 $1.6M
8 Cassady Wealth & Retirement Planning, LLC 0.23% 16,257 $486K
9 Lifestyle Asset Management, Inc. 0.22% 27,018 $808K
10 Sonoma Allocations LLC 0.21% 22,943 $687K
11 Blue Sky Capital Consultants Group, Inc. 0.20% 15,968 $478K
12 Winnacle Wealth LLC 0.18% 8,712 $261K
13 Benson Wealth Management INC 0.17% 5,742 $172K
14 Carmel Capital Partners, LLC 0.16% 16,300 $488K
15 Pinnacle Wealth Management Group, Inc. 0.14% 10,350 $310K
16 Wealthgarden F.S. LLC 0.14% 8,493 $254K
17 Gwn Securities INC. 0.14% 27,428 $820K
18 Cypress Wealth Services, LLC 0.13% 35,448 $1.1M
19 Kelly Financial Group LLC 0.13% 19,555 $585K
20 BridgePort Financial Solutions, LLC 0.12% 15,451 $462K
21 Ballast Rock Private Wealth LLC 0.10% 7,242 $217K
22 Vantage Point Financial LLC 0.09% 10,376 $310K
23 First Commonwealth Financial Corp /Pa/ 0.08% 18,890 $565K
24 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.08% 53,197 $1.6M
25 Keystone Financial Group, Inc. 0.08% 4,991 $149K
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 (JAJL)

What does the Smart Money Trend signal show for JAJL?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for JAJL?

Slight buying edge — 51% buying: Last quarter: 36 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 JAJL holders?

Smaller funds dominant — 2% AUM from top-100: 3 of 88 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held JAJL?

Mostly new holders — 27% entered in last year: Only 1 funds (1%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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