Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (NJAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +7
Streak
3Q ▲
Buyers last Q
44%

Smart Money Signals — NJAN

Based on 117 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 NJAN 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
117 hedge funds hold NJAN 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 — +16% more funds vs a year ago

fund count last 6Q
+16 new funds entered over the past year (+16% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟠

More sellers than buyers — 44% buying

39 buying50 selling
Last quarter: 50 funds reduced or exited vs 39 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.
➡️

Steady new buyers — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 12 → 16 → 24 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

50% of holders stayed for 2+ years

■ 50% conviction (2yr+) ■ 21% medium ■ 30% new
58 out of 117 hedge funds have held NJAN 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.
💰

Price up while funds trimmed (+17% value, -4% shares)

Value
+16%
Shares
-3%
Last quarter: total value of institutional NJAN holdings rose +17% even though funds reduced share count by 4%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
🚀

Acceleration phase — new buyers rushing in

14 → 12 → 16 → 24 → 19 new funds/Q
New funds entering each quarter: 12 → 16 → 24 → 19. 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 — 55% veterans vs 35% newcomers

■ 55% veterans ■ 10% 1-2yr ■ 35% new
Entry-cohort mix of 117 holders: 64 (55%) are 2+ year veterans, 12 entered 1–2 years ago, and 41 (35%) 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
5 of 117 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.
4.3
out of 10
Moderate Exit Risk
Exit risk score 4.3/10 — 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 — NJAN

In 2026 Q2, 39 hedge funds were net buyers of NJAN (19 opened a new position, 20 added to an existing one), while 50 reduced or exited (38 trimmed, 12 sold completely) — a 44% buyer ratio, indicating roughly balanced activity. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +7 funds (more new holders than closures). Total institutional holders: 117.

Hedge Fund Ownership: NJAN

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

Market Analysis: NJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NJAN

-- --

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 3 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
2.7
/ 10
conviction
Hedge Fund Positioning: NJAN
116 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 116 110 5.45%
13F Shares 4M 5M -3.55%
Total Value $233M $200M 16.6%
New Positions 18 24 -6
Increased Positions 20 42 -22
Closed Positions 12 13 -1
Reduced Positions 38 22 +16
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NJAN

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Institutional Holders (2026 Q2)

116 + investors

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

QUARTER:
Top 25 NJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Red Crane Wealth Management, LLC 4.65% 107,014 $6.3M
2 Cornerstone Wealth, LLC/TN 4.11% 138,014 $8.1M
3 Long Island Wealth Management, Inc. 2.79% 114,409 $6.8M
4 Encompass More Asset Management 1.56% 181,118 $10.7M
5 Forty-three Eighteen Advisors, LLC 1.37% 34,569 $2.0M
6 My Personal CFO, LLC 0.83% 36,000 $2.1M
7 Outlook Wealth Advisors, LLC 0.67% 52,802 $3.1M
8 Diligent Investors, LLC 0.65% 49,129 $2.9M
9 DHJJ Financial Advisors, Ltd. 0.58% 33,995 $2.0M
10 Crown Wealth Group, LLC 0.58% 38,337 $2.3M
11 Mutual Advisors, LLC 0.53% 479,040 $28.3M
12 Liberty Atlantic Advisors LLC 0.53% 12,400 $732K
13 FSA Advisors, Inc. 0.48% 17,623 $1.0M
14 JDM Financial Group LLC 0.39% 19,367 $1.1M
15 CWC Advisors, LLC. 0.37% 14,226 $840K
16 Fortune Financial Group, Inc. 0.33% 7,036 $415K
17 Triumph Capital Management 0.25% 23,471 $1.4M
18 AdvisorNet Financial, Inc 0.22% 80,505 $4.8M
19 Global Assets Advisory, LLC 0.21% 16,680 $980K
20 Arlington Capital Management, Inc. 0.19% 5,255 $310K
21 Tradition Wealth Management, LLC 0.18% 48,631 $2.9M
22 TopTier Wealth Management, LLC 0.17% 4,768 $281K
23 Corrado Advisors, LLC 0.16% 5,928 $350K
24 TrustBank 0.16% 7,938 $469K
25 Resolute Wealth Advisor, INC. 0.15% 5,058 $270K
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 (NJAN)

What does the Smart Money Trend signal show for NJAN?

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

More sellers than buyers — 44% buying: Last quarter: 50 funds reduced or exited vs 39 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 NJAN holders?

Smaller funds dominant — 4% AUM from top-100: 5 of 117 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 NJAN?

50% of holders stayed for 2+ years: 58 out of 117 hedge funds have held NJAN 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.

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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