Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (NJUL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
29%

Smart Money Signals — NJUL

Based on 114 hedge funds · latest filing: 2026 Q1 · 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
114 hedge funds hold NJUL 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.
🚀

Fast accumulation — +23% more funds vs a year ago

fund count last 6Q
+21 new funds entered over the past year (+23% 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.
🔴

Heavy selling pressure — only 29% buying

29 buying72 selling
Last quarter: 72 funds sold vs only 29 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~17 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 15 → 18 → 13 → 17. 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+) ■ 25% medium ■ 23% new
59 out of 114 hedge funds have held NJUL 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 — ~17 new funds/quarter

5 → 15 → 18 → 13 → 17 new funds/Q
New funds entering each quarter: 15 → 18 → 13 → 17. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 54% of holders stayed 2+ years

■ 54% veterans ■ 18% 1-2yr ■ 28% new
Of 114 current holders: 61 (54%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
8 of 114 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.9
out of 10
Moderate Exit Risk
Exit risk score 4.9/10 — 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 — NJUL

In 2026 Q1, 29 hedge funds were net buyers of NJUL (17 opened a new position, 12 added to an existing one), while 72 reduced or exited (55 trimmed, 17 sold completely) — a 29% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 114.

Hedge Fund Ownership: NJUL

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

Market Analysis: NJUL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NJUL

-- --

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

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

Signal Freshness measures how much NJUL 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 · 82d ago
NJUL
+8.1%
SPY
+15.1%

NJUL outperformed SPY by -7.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 37d ago
NJUL
+0.8%
SPY
+1.3%

Since the filing became public, NJUL outperformed SPY by -0.5% .

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 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: NJUL
114 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 114 114 -
13F Shares 2M 2M -6.8%
Total Value $122M $145M -16.05%
New Positions 17 13 +4
Increased Positions 12 14 -2
Closed Positions 17 9 +8
Reduced Positions 55 53 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NJUL

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Financial Highlights

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Institutional Holders (2026 Q1)

114 + investors

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

QUARTER:
Top 25 NJUL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Corrado Advisors, LLC 1.04% 27,898 $2.0M
2 Outlook Wealth Advisors, LLC 0.76% 44,042 $3.1M
3 ODonnell Financial Services, LLC 0.56% 22,733 $1.6M
4 Cornerstone Wealth, LLC/TN 0.56% 13,065 $988K
5 FSA Advisors, Inc. 0.55% 11,608 $829K
6 Diligent Investors, LLC 0.48% 27,335 $2.0M
7 Helium Advisors LLC 0.40% 5,905 $422K
8 DHJJ Financial Advisors, Ltd. 0.36% 15,072 $1.1M
9 Michels Family Financial, LLC 0.35% 6,811 $486K
10 Seros Financial, LLC 0.23% 5,109 $365K
11 Weaver Capital Management LLC 0.23% 14,811 $1.1M
12 Liberty Atlantic Advisors LLC 0.22% 3,663 $262K
13 Long Island Wealth Management, Inc. 0.20% 6,073 $434K
14 Rps Advisory Solutions LLC 0.18% 4,481 $320K
15 Cypress Wealth Services, LLC 0.17% 16,688 $1.2M
16 Gwn Securities INC. 0.17% 12,252 $875K
17 BIP Wealth, LLC 0.14% 46,502 $3.3M
18 Altfest L J & Co Inc 0.13% 17,625 $1.3M
19 Evolution Wealth Management INC. 0.12% 2,327 $166K
20 BCS Wealth Management 0.10% 7,076 $505K
21 PlanVest Financial, Inc 0.09% 1,717 $123K
22 Keystone Wealth Services, LLC 0.09% 6,100 $436K
23 Creative Financial Designs Inc /Adv 0.09% 21,130 $1.5M
24 New Wave Wealth Advisors LLC 0.09% 3,595 $257K
25 Strategic Blueprint, LLC 0.09% 21,409 $1.5M
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 (NJUL)

What does the Smart Money Trend signal show for NJUL?

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 NJUL?

Heavy selling pressure — only 29% buying: Last quarter: 72 funds sold vs only 29 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 NJUL holders?

Smaller funds dominant — 7% AUM from top-100: 8 of 114 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NJUL?

52% of holders stayed for 2+ years: 59 out of 114 hedge funds have held NJUL 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 (NJUL) following the 2026 Q1 hedge fund 13F filings?

As of today, NJUL has moved +0.8% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.3% for the SPY sector ETF — an outperformance of -0.5%. Since the quarter end (March 31, 2026), NJUL has gained +8.1% vs +15.1% 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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