Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (PAUG)

210 + Investors. Track Smart Money conviction in PAUG. 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
↑ +19
Streak
3Q ▲
Buyers last Q
37%

Smart Money Signals — PAUG

Based on 210 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added PAUG 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
210 hedge funds hold PAUG 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 — +7% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 37% buying

59 buying100 selling
Last quarter: 100 funds sold vs only 59 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~29 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 20 → 28 → 29. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

59% conviction (2yr+) 22% medium 20% new
123 out of 210 hedge funds have held PAUG 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

19 → 5 → 20 → 28 → 29 new funds/Q
New funds entering each quarter: 5 → 20 → 28 → 29. 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.
🏛️

Deep conviction — 60% of holders stayed 2+ years

60% veterans 18% 1-2yr 22% new
Of 210 current holders: 126 (60%) 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.

Strong quality — 22% AUM from major funds

22% from top-100 AUM funds
8 of 210 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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.

Hedge Fund Ownership: PAUG

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

Market Analysis: PAUG

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PAUG

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

12 top-rated funds 1 high-conviction
Consensus
4.8
/ 10
breadth
×
Elite
2.1
/ 10
conviction
Hedge Fund Positioning: PAUG
2026 Q1 Stats Unlock in 22 days 210 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 210 191 9.95%
13F Shares 18M 18M -3.82%
Total Value $769M $784M -1.94%
New Positions 29 28 +1
Increased Positions 30 83 -53
Closed Positions 10 19 -9
Reduced Positions 90 40 +50
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PAUG

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Institutional Holders (2026 Q1)

210 + investors

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

Top 25 institutional holders of PAUG — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 McAlister, Sweet & Associates, Inc. 3.29% 123,704 $5.3M
2 Cassady Wealth & Retirement Planning, LLC 1.76% 62,544 $2.7M
3 GILL CAPITAL PARTNERS, LLC 1.71% 139,320 $6.0M
4 Diligent Investors, LLC 1.27% 119,913 $5.1M
5 Chris Bulman Inc 1.07% 57,414 $2.5M
6 First City Capital Management, Inc. 1.03% 45,375 $1.9M
7 John W. Brooker & Co., CPAs 0.96% 14,250 $609K
8 RETIREMENT GUYS FORMULA LLC 0.90% 45,705 $2.0M
9 Southland Equity Partners LLC 0.71% 85,042 $3.6M
10 DHJJ Financial Advisors, Ltd. 0.69% 48,940 $2.1M
11 BCS Wealth Management 0.48% 55,377 $2.4M
12 Pinnacle Wealth Management Group, Inc. 0.44% 20,805 $889K
13 Lineweaver Wealth Advisors, LLC 0.43% 74,853 $3.2M
14 Selby Wealth Management, LLC 0.43% 25,444 $1.1M
15 KFG WEALTH MANAGEMENT, LLC 0.43% 77,187 $3.3M
16 Weaver Capital Management LLC 0.37% 39,999 $1.7M
17 Liberty Atlantic Advisors LLC 0.36% 9,776 $418K
18 CRA Financial Services, LLC 0.35% 63,546 $2.7M
19 ProCore Advisors, LLC 0.34% 5,200 $222K
20 Fortune Financial Group, Inc. 0.33% 8,535 $365K
21 PTM WEALTH MANAGEMENT, LLC 0.32% 14,144 $608K
22 Buska Wealth Management, LLC 0.30% 17,731 $757K
23 Sugar Maple Asset Management, LLC 0.29% 11,348 $485K
24 Wisconsin Wealth Advisors, LLC 0.28% 6,596 $282K
25 RiverTree Advisors, LLC 0.24% 8,911 $381K
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 (PAUG)

What does the Smart Money Trend signal show for PAUG?

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

Heavy selling pressure — only 37% buying: Last quarter: 100 funds sold vs only 59 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 PAUG holders?

Strong quality — 22% AUM from major funds: 8 of 210 holders rank in the top 100 by AUM, accounting for 22% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PAUG?

59% of holders stayed for 2+ years: 123 out of 210 hedge funds have held PAUG 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.