Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (KJAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
2Q ▲
Buyers last Q
61%

Smart Money Signals — KJAN

Based on 128 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added KJAN 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
128 hedge funds hold KJAN 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.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding KJAN is almost the same as a year ago (+2 funds, +2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟢

More buyers than sellers — 61% buying

69 buying44 selling
Last quarter: 69 funds were net buyers (21 opened a brand new position + 48 added to an existing one). Only 44 were sellers (32 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~21 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 7 → 11 → 22 → 21. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 22% medium ■ 26% new
67 out of 128 hedge funds have held KJAN 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

15 → 7 → 11 → 22 → 21 new funds/Q
New funds entering each quarter: 7 → 11 → 22 → 21. 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.
🏛️

Veteran-anchored — 46% veterans vs 32% newcomers

■ 46% veterans ■ 22% 1-2yr ■ 32% new
Entry-cohort mix of 128 holders: 59 (46%) are 2+ year veterans, 28 entered 1–2 years ago, and 41 (32%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
8 of 128 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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 — KJAN

In 2026 Q1, 69 hedge funds were net buyers of KJAN (21 opened a new position, 48 added to an existing one), while 44 reduced or exited (32 trimmed, 12 sold completely) — a 61% buyer ratio, indicating clear institutional accumulation. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 128.

Hedge Fund Ownership: KJAN

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

Market Analysis: KJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: KJAN

-- --

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

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

Signal Freshness measures how much KJAN 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 · 83d ago
KJAN
+8.8%
SPY
+14.9%

KJAN outperformed SPY by -6.1% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 38d ago
KJAN
+2.8%
SPY
+1.1%

Since the filing became public, KJAN outperformed SPY by +1.7% .

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 3 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
2.8
/ 10
conviction
Hedge Fund Positioning: KJAN
126 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 126 119 5.88%
13F Shares 5M 5M 9.04%
Total Value $208M $194M 7.35%
New Positions 20 22 -2
Increased Positions 48 19 +29
Closed Positions 13 17 -4
Reduced Positions 32 51 -19
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KJAN

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Financial Highlights

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Institutional Holders (2026 Q1)

126 + investors

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

QUARTER:
Top 25 KJAN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PFS Partners, LLC 9.69% 506,405 $21.1M
2 Long Island Wealth Management, Inc. 9.15% 472,994 $19.7M
3 Compass Advisory Group LLC 6.87% 615,077 $25.7M
4 BFI Wealth Solutions, LLC 4.56% 113,217 $4.8M
5 Investment Management Corp /Va/ /Adv 1.85% 51,739 $2.2M
6 Miller Financial Services LLC 1.23% 26,910 $1.1M
7 Red Crane Wealth Management, LLC 1.10% 31,965 $1.3M
8 VanWeelden Wealth Management, LLC 0.81% 24,434 $1.0M
9 FSA Advisors, Inc. 0.80% 29,111 $1.2M
10 MBL Wealth, LLC 0.70% 221,463 $9.2M
11 Berkshire Money Management, Inc. 0.64% 149,379 $6.2M
12 DHJJ Financial Advisors, Ltd. 0.51% 36,576 $1.5M
13 JDM Financial Group LLC 0.49% 30,733 $1.3M
14 Cornerstone Wealth, LLC/TN 0.48% 19,589 $859K
15 Global Trust Wealth Management LLC 0.44% 13,840 $577K
16 Red Reef Advisors LLC 0.39% 9,277 $384K
17 Weaver Consulting Group 0.33% 33,254 $1.4M
18 Wealthgarden F.S. LLC 0.32% 11,144 $465K
19 Faithward Advisors, LLC 0.29% 47,935 $2.0M
20 First City Capital Management, Inc. 0.26% 11,670 $487K
21 Retirement Guys Formula LLC 0.24% 12,709 $530K
22 Sherry Group, Inc. 0.24% 4,165 $222K
23 BCGM Wealth Management, LLC 0.24% 22,457 $937K
24 Crown Wealth Group, LLC 0.23% 18,762 $783K
25 Liberty Atlantic Advisors LLC 0.21% 5,993 $250K
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 (KJAN)

What does the Smart Money Trend signal show for KJAN?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added KJAN 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 KJAN?

More buyers than sellers — 61% buying: Last quarter: 69 funds were net buyers (21 opened a brand new position + 48 added to an existing one). Only 44 were sellers (32 trimmed + 12 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for KJAN holders?

Smaller funds dominant — 4% AUM from top-100: 8 of 128 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held KJAN?

52% of holders stayed for 2+ years: 67 out of 128 hedge funds have held KJAN 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 (KJAN) following the 2026 Q1 hedge fund 13F filings?

As of today, KJAN has moved +2.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of +1.7%. Since the quarter end (March 31, 2026), KJAN has gained +8.8% vs +14.9% 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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