Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (KDEC)

69 + Investors. Track Smart Money conviction in KDEC. 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
46%

Smart Money Signals — KDEC

Based on 70 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added KDEC 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
70 hedge funds hold KDEC right now — the highest count in 1.8 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 — +56% more funds vs a year ago

fund count last 6Q
+25 new funds entered over the past year (+56% 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.
🟠

More sellers than buyers — 46% buying

26 buying30 selling
Last quarter: 30 funds reduced or exited vs 26 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-10 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 10 → 10 → 24 → 14. 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.
🔄

Mostly new holders — 50% entered in last year

■ 0% conviction (2yr+) ■ 50% medium ■ 50% new
Only 0 funds (0%) 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.
📈

Growing discovery — still being found

16 → 10 → 10 → 24 → 14 new funds/Q
New funds entering each quarter: 10 → 10 → 24 → 14. A growing number of institutions are discovering KDEC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 70% of holders entered in last year

■ 1% veterans ■ 29% 1-2yr ■ 70% new
Of 70 current holders: 49 (70%) entered in the past year, only 1 (1%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 13% AUM from top-100

13% from top-100 AUM funds
4 of 70 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.
5.4
out of 10
Moderate Exit Risk
Exit risk score 5.4/10 — 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 — KDEC

In 2026 Q1, 26 hedge funds were net buyers of KDEC (14 opened a new position, 12 added to an existing one), while 30 reduced or exited (21 trimmed, 9 sold completely) — a 46% buyer ratio, indicating roughly balanced activity. 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: 70.

Hedge Fund Ownership: KDEC

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

Market Analysis: KDEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KDEC

-- --

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

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

Signal Freshness measures how much KDEC has moved relative to its sector benchmark (SPY) since the 2026 Q1 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 March 31, 2026 · 79d ago
KDEC
+8.8%
SPY
+13.9%

KDEC outperformed SPY by -5.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 34d ago
KDEC
+2.3%
SPY
+0.2%

Since the filing became public, KDEC outperformed SPY by +2.1% .

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
1.2
/ 10
conviction
Hedge Fund Positioning: KDEC
69 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 69 65 6.15%
13F Shares 2M 2M 8.37%
Total Value $58M $55M 4.51%
New Positions 13 24 -11
Increased Positions 12 19 -7
Closed Positions 9 8 +1
Reduced Positions 21 14 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KDEC

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Financial Highlights

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Institutional Holders (2026 Q1)

69 + investors

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

QUARTER:
Top 25 KDEC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Maltin Wealth Management, Inc. 2.99% 304,909 $7.8M
2 Catalina Capital Group, LLC 1.64% 106,865 $2.7M
3 Miller Financial Services LLC 0.56% 20,012 $514K
4 TopTier Wealth Management, LLC 0.40% 25,324 $651K
5 Optima Capital LLC 0.32% 26,904 $691K
6 Outlook Wealth Advisors, LLC 0.28% 44,338 $1.1M
7 Liberty Atlantic Advisors LLC 0.23% 10,604 $273K
8 FSA Advisors, Inc. 0.23% 13,437 $345K
9 Grantvest Financial Group LLC 0.22% 13,428 $345K
10 First Commonwealth Financial Corp /Pa/ 0.15% 35,950 $924K
11 Wealthgarden F.S. LLC 0.14% 8,099 $208K
12 Weaver Consulting Group 0.14% 22,247 $572K
13 PFS Partners, LLC 0.13% 11,127 $286K
14 Berkshire Money Management, Inc. 0.10% 37,530 $964K
15 Diligent Investors, LLC 0.09% 14,850 $382K
16 Atlantic Private Wealth, LLC 0.08% 4,793 $123K
17 Beacon Financial Advisory LLC 0.08% 13,685 $352K
18 Procyon Advisors, LLC 0.07% 55,951 $1.4M
19 Annis Gardner Whiting Capital Advisors, LLC 0.06% 15,525 $399K
20 Faithward Advisors, LLC 0.05% 14,415 $370K
21 DHJJ Financial Advisors, Ltd. 0.05% 6,139 $158K
22 Keating Financial Advisory Services, Inc. 0.05% 11,470 $295K
23 Financial Solutions Advisory Group, Inc. 0.04% 12,226 $314K
24 Wealth Alliance, LLC 0.04% 13,816 $355K
25 Fiduciary Financial Group, LLC 0.03% 9,530 $245K
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 (KDEC)

What does the Smart Money Trend signal show for KDEC?

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

More sellers than buyers — 46% buying: Last quarter: 30 funds reduced or exited vs 26 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for KDEC holders?

Smaller funds dominant — 13% AUM from top-100: 4 of 70 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 KDEC?

Mostly new holders — 50% entered in last year: Only 0 funds (0%) 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.

Is it too late to buy Innovator Etfs Trust (KDEC) following the 2026 Q1 hedge fund 13F filings?

As of today, KDEC has moved +2.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.2% for the SPY sector ETF — an outperformance of +2.1%. Since the quarter end (March 31, 2026), KDEC has gained +8.8% vs +13.9% 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.

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