Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (PJUL)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +3
Streak
3Q ▲
Buyers last Q
29%

Smart Money Signals — PJUL

Based on 267 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added PJUL 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
267 hedge funds hold PJUL 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
+34 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 29% buying

66 buying159 selling
Last quarter: 159 funds sold vs only 66 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~30 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 20 → 34 → 35 → 30. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

56% of holders stayed for 2+ years

■ 56% conviction (2yr+) ■ 21% medium ■ 23% new
149 out of 267 hedge funds have held PJUL 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.
📈

Growing discovery — still being found

10 → 20 → 34 → 35 → 30 new funds/Q
New funds entering each quarter: 20 → 34 → 35 → 30. A growing number of institutions are discovering PJUL each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 55% of holders stayed 2+ years

■ 55% veterans ■ 19% 1-2yr ■ 25% new
Of 267 current holders: 148 (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 — 27% AUM from major funds

27% from top-100 AUM funds
13 of 267 holders rank in the top 100 by AUM, accounting for 27% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
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 — PJUL

In 2026 Q1, 66 hedge funds were net buyers of PJUL (30 opened a new position, 36 added to an existing one), while 159 reduced or exited (132 trimmed, 27 sold completely) — a 29% buyer ratio, indicating net institutional distribution. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 27% of total institutional value in PJUL is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 267.

Hedge Fund Ownership: PJUL

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

Market Analysis: PJUL

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PJUL

-- --

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

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

Signal Freshness measures how much PJUL 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
PJUL
+6.0%
SPY
+15.1%

PJUL outperformed SPY by -9.1% since March 31, 2026.

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

Since the filing became public, PJUL 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.

6 top-rated funds 0 high-conviction
Consensus
3.7
/ 10
breadth
×
Elite
1.9
/ 10
conviction
Hedge Fund Positioning: PJUL
264 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 264 264 -
13F Shares 17M 18M -7.83%
Total Value $684M $844M -18.97%
New Positions 28 35 -7
Increased Positions 36 44 -8
Closed Positions 28 18 +10
Reduced Positions 132 100 +32
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PJUL

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Institutional Holders (2026 Q1)

264 + investors

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

QUARTER:
Top 25 PJUL holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Prossimo Advisors, LLC 6.03% 21,554 $991K
2 BFI Wealth Solutions, LLC 1.99% 44,756 $2.1M
3 Midwest Financial Network, LLC 1.74% 47,596 $2.2M
4 Cassady Wealth & Retirement Planning, LLC 1.70% 56,109 $2.6M
5 Wisconsin Wealth Advisors, LLC 1.66% 36,820 $1.7M
6 Fortune Financial Group, Inc. 1.40% 33,811 $1.6M
7 Southland Equity Partners LLC 1.34% 149,468 $6.9M
8 Weaver Consulting Group 1.27% 115,809 $5.3M
9 AA Financial Advisors, LLC 1.15% 177,069 $8.1M
10 Long Island Wealth Management, Inc. 0.94% 44,057 $2.0M
11 Fortune Financial Advisors, LLC 0.93% 39,807 $1.8M
12 Capital Square, LLC 0.91% 41,302 $2.0M
13 Straight Path Wealth Management 0.86% 70,045 $3.2M
14 Lakeridge Wealth Management LLC 0.82% 41,392 $1.9M
15 Elmwood Wealth Management, Inc. 0.82% 64,351 $3.0M
16 Forty-three Eighteen Advisors, LLC 0.79% 22,964 $1.1M
17 FSA Advisors, Inc. 0.76% 24,957 $1.1M
18 City Center Advisors, LLC 0.70% 16,502 $759K
19 COFG Advisors, LLC 0.70% 61,166 $2.8M
20 Talon Private Wealth, LLC 0.68% 110,664 $5.1M
21 Kearns & Associates LLC 0.64% 25,755 $1.2M
22 Fsa Wealth Partners, INC. 0.63% 28,762 $1.3M
23 Welch Financial Planning, LLC 0.60% 18,222 $838K
24 Cornerstone Wealth, LLC/TN 0.60% 22,248 $1.1M
25 Keating Financial Advisory Services, Inc. 0.58% 77,981 $3.6M
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 (PJUL)

What does the Smart Money Trend signal show for PJUL?

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

Heavy selling pressure — only 29% buying: Last quarter: 159 funds sold vs only 66 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 PJUL holders?

Strong quality — 27% AUM from major funds: 13 of 267 holders rank in the top 100 by AUM, accounting for 27% 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 PJUL?

56% of holders stayed for 2+ years: 149 out of 267 hedge funds have held PJUL 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 (PJUL) following the 2026 Q1 hedge fund 13F filings?

As of today, PJUL 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), PJUL has gained +6.0% 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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