Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (KJAN)

135 + Investors. Track Smart Money conviction in KJAN. 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
↑ +8
Streak
3Q ▲
Buyers last Q
38%

Smart Money Signals — KJAN

Based on 136 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 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
136 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.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+18 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 38% buying

41 buying67 selling
Last quarter: 67 funds sold vs only 41 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 11 → 22 → 21 → 15. 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.
🔒

55% of holders stayed for 2+ years

■ 55% conviction (2yr+) ■ 21% medium ■ 24% new
75 out of 136 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.
➡️

Steady discovery — ~15 new funds/quarter

7 → 11 → 22 → 21 → 15 new funds/Q
New funds entering each quarter: 11 → 22 → 21 → 15. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 26% newcomers

■ 56% veterans ■ 18% 1-2yr ■ 26% new
Entry-cohort mix of 136 holders: 76 (56%) are 2+ year veterans, 24 entered 1–2 years ago, and 36 (26%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
10 of 136 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.5
out of 10
Moderate Exit Risk
Exit risk score 4.5/10 — 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 — KJAN

In 2026 Q2, 41 hedge funds were net buyers of KJAN (15 opened a new position, 26 added to an existing one), while 67 reduced or exited (60 trimmed, 7 sold completely) — a 38% buyer ratio, indicating net institutional distribution. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +8 funds (more new holders than closures). Total institutional holders: 136.

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 Q3 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 September 30, 2026 · 45d ago
KJAN
+0.3%
SPY
-1.1%

KJAN outperformed SPY by +1.4% since September 30, 2026.

Since 13F Filing Date November 14, 2026 · 0d ago
KJAN
+0.0%
SPY
+0.0%

Since the filing became public, KJAN outperformed SPY by +0.0% .

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.

1 top-rated funds 3 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
2.9
/ 10
conviction
Hedge Fund Positioning: KJAN
2026 Q3 Stats Unlock in 5 days 135 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 135 128 5.47%
13F Shares 5M 5M -2.61%
Total Value $224M $210M 6.58%
New Positions 14 21 -7
Increased Positions 26 48 -22
Closed Positions 7 12 -5
Reduced Positions 60 32 +28
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: KJAN

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Institutional Holders (2026 Q3)

135 + 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:
2026 Q3 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 KJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 PFS Partners, LLC 8.95% 483,485 $22.0M
2 Long Island Wealth Management, Inc. 8.57% 482,098 $22.0M
3 Compass Advisory Group LLC 6.43% 606,390 $27.6M
4 BFI Wealth Solutions, LLC 3.79% 121,583 $5.5M
5 Sherry Group, Inc. 2.17% 50,721 $2.3M
6 Investment Management Corp /Va/ /Adv 1.91% 53,248 $2.4M
7 Red Crane Wealth Management, LLC 1.15% 36,048 $1.6M
8 Hofer & Associates. Inc 1.15% 36,048 $1.6M
9 Miller Financial Services LLC 0.88% 25,453 $1.2M
10 Wellington-Altus USA INC. 0.67% 27,600 $1.3M
11 MBL Wealth, LLC 0.61% 222,144 $10.1M
12 Berkshire Money Management, Inc. 0.59% 148,779 $6.8M
13 FSA Advisors, Inc. 0.55% 27,829 $1.3M
14 DHJJ Financial Advisors, Ltd. 0.47% 36,081 $1.6M
15 Cornerstone Wealth, LLC/TN 0.45% 20,530 $932K
16 Clear Point Advisors Inc. 0.39% 12,489 $569K
17 Global Trust Wealth Management LLC 0.34% 10,300 $469K
18 Weaver Consulting Group 0.29% 33,245 $1.5M
19 First City Capital Management, Inc. 0.26% 11,670 $532K
20 Lynx Capital Group Ltd /Adv 0.22% 12,235 $557K
21 Crown Wealth Group, LLC 0.21% 18,762 $855K
22 BCGM Wealth Management, LLC 0.20% 22,457 $1.0M
23 Financial Network Wealth Advisors LLC 0.20% 4,476 $204K
24 TopTier Wealth Management, LLC 0.20% 7,357 $335K
25 Grantvest Financial Group LLC 0.19% 7,277 $331K
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 — 3 quarters in a row: For 3 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?

Heavy selling pressure — only 38% buying: Last quarter: 67 funds sold vs only 41 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for KJAN holders?

Smaller funds dominant — 3% AUM from top-100: 10 of 136 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held KJAN?

55% of holders stayed for 2+ years: 75 out of 136 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 Q3 hedge fund 13F filings?

As of today, KJAN has moved +0.0% since the 2026 Q3 13F filing date (November 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (September 30, 2026), KJAN has gained +0.3% vs -1.1% 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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