Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (PDEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +1
Streak
2Q ▲
Buyers last Q
29%

Smart Money Signals — PDEC

Based on 228 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 PDEC 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
228 hedge funds hold PDEC 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 — +13% more funds vs a year ago

fund count last 6Q
+26 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 29% buying

52 buying125 selling
Last quarter: 125 funds sold vs only 52 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-21 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 24 → 14 → 42 → 21. 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.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 26% medium ■ 21% new
121 out of 228 hedge funds have held PDEC 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

25 → 24 → 14 → 42 → 21 new funds/Q
New funds entering each quarter: 24 → 14 → 42 → 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.
🏛️

Deep conviction — 55% of holders stayed 2+ years

■ 55% veterans ■ 18% 1-2yr ■ 27% new
Of 228 current holders: 125 (55%) 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 — 26% AUM from major funds

26% from top-100 AUM funds
10 of 228 holders rank in the top 100 by AUM, accounting for 26% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.8
out of 10
Moderate Exit Risk
Exit risk score 4.8/10 — 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 — PDEC

In 2026 Q1, 52 hedge funds were net buyers of PDEC (21 opened a new position, 31 added to an existing one), while 125 reduced or exited (105 trimmed, 20 sold completely) — a 29% buyer ratio, indicating net institutional distribution. Net buying has persisted for two consecutive quarters, a positive momentum signal. 26% of total institutional value in PDEC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +1 funds (more new holders than closures). Total institutional holders: 228.

Hedge Fund Ownership: PDEC

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

Market Analysis: PDEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PDEC

-- --

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

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

Signal Freshness measures how much PDEC 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 · 81d ago
PDEC
nan%
SPY
+15.1%

PDEC outperformed SPY by nan% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 36d ago
PDEC
nan%
SPY
+1.3%

Since the filing became public, PDEC outperformed SPY by nan% .

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.

5 top-rated funds 5 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
3.4
/ 10
conviction
Hedge Fund Positioning: PDEC
227 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 227 227 -
13F Shares 18M 19M -3.66%
Total Value $684M $809M -15.45%
New Positions 20 42 -22
Increased Positions 31 83 -52
Closed Positions 20 17 +3
Reduced Positions 105 59 +46
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDEC

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Institutional Holders (2026 Q1)

227 + investors

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

QUARTER:
Top 25 PDEC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Gts Financial, LLC 3.79% 127,194 $4.8M
2 Catalina Capital Group, LLC 3.19% 126,094 $5.4M
3 Triton Financial Group Inc 2.43% 32,410 $1.4M
4 Fortune Financial Group, Inc. 2.28% 59,684 $2.5M
5 Cassady Wealth & Retirement Planning, LLC 2.21% 77,972 $3.4M
6 Red Reef Advisors LLC 1.90% 43,093 $1.9M
7 Bellwether Advisors, LLC 1.73% 240,852 $10.2M
8 Corrado Advisors, LLC 1.73% 77,896 $3.3M
9 Pinnacle Wealth Management Group, Inc. 1.49% 71,605 $3.0M
10 Liberty Atlantic Advisors LLC 1.44% 39,665 $1.7M
11 Gill Capital Partners, LLC 1.43% 116,719 $5.0M
12 Yarger Wealth Strategies, LLC 1.18% 69,115 $2.9M
13 Noble Wealth Management PBC 1.13% 52,942 $2.3M
14 Chris Bulman Inc 1.06% 56,985 $2.4M
15 Forty-three Eighteen Advisors, LLC 0.94% 29,324 $1.2M
16 BFI Wealth Solutions, LLC 0.89% 21,680 $927K
17 Compass Advisory Group LLC 0.83% 72,844 $3.1M
18 FSA Advisors, Inc. 0.82% 29,306 $1.2M
19 Advisory Advocates, LLC 0.82% 18,981 $823K
20 Retirement Guys Formula LLC 0.81% 41,353 $1.8M
21 Castle Rock Wealth Management, LLC 0.76% 82,719 $3.5M
22 CRA Financial Services, LLC 0.73% 131,792 $5.6M
23 Outlook Wealth Advisors, LLC 0.72% 69,623 $3.0M
24 Diligent Investors, LLC 0.68% 64,236 $2.7M
25 First Commonwealth Financial Corp /Pa/ 0.67% 99,774 $4.2M
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 (PDEC)

What does the Smart Money Trend signal show for PDEC?

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

Heavy selling pressure — only 29% buying: Last quarter: 125 funds sold vs only 52 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 PDEC holders?

Strong quality — 26% AUM from major funds: 10 of 228 holders rank in the top 100 by AUM, accounting for 26% 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 PDEC?

53% of holders stayed for 2+ years: 121 out of 228 hedge funds have held PDEC 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 (PDEC) following the 2026 Q1 hedge fund 13F filings?

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