Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (PJUN)

161 + Investors. Track Smart Money conviction in PJUN. 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
↓ -4
Streak
1Q ▼
Buyers last Q
24%

Smart Money Signals — PJUN

Based on 161 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their PJUN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
161 hedge funds hold PJUN 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
+11 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 24% buying

30 buying95 selling
Last quarter: 95 funds sold vs only 30 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 22 → 12 → 24 → 13. 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.
🔒

64% of holders stayed for 2+ years

64% conviction (2yr+) 20% medium 16% new
103 out of 161 hedge funds have held PJUN 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 — ~13 new funds/quarter

11 → 22 → 12 → 24 → 13 new funds/Q
New funds entering each quarter: 22 → 12 → 24 → 13. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 64% veterans vs 19% newcomers

64% veterans 17% 1-2yr 19% new
Entry-cohort mix of 161 holders: 103 (64%) are 2+ year veterans, 27 entered 1–2 years ago, and 31 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.

Strong quality — 31% AUM from major funds

31% from top-100 AUM funds
9 of 161 holders rank in the top 100 by AUM, accounting for 31% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — 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 — PJUN

In 2026 Q1, 30 hedge funds were net buyers of PJUN (13 opened a new position, 17 added to an existing one), while 95 reduced or exited (78 trimmed, 17 sold completely) — a 24% buyer ratio, indicating net institutional distribution. 31% of total institutional value in PJUN is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -4 funds (more exits than new entries). Total institutional holders: 161.

Hedge Fund Ownership: PJUN

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

Market Analysis: PJUN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PJUN

-- --

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

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

Signal Freshness measures how much PJUN 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 · 75d ago
PJUN
+2.8%
SPY
+14.1%

PJUN outperformed SPY by -11.3% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
PJUN
-0.6%
SPY
+0.3%

Since the filing became public, PJUN outperformed SPY by -0.9% .

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.

1 top-rated funds 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.8
/ 10
conviction
Hedge Fund Positioning: PJUN
161 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 161 165 -2.42%
13F Shares 12M 14M -12.6%
Total Value $433M $577M -24.94%
New Positions 13 24 -11
Increased Positions 17 16 +1
Closed Positions 17 12 +5
Reduced Positions 78 73 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PJUN

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Institutional Holders (2026 Q1)

161 + investors

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

QUARTER:
Top 25 PJUN holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Chris Bulman Inc 2.94% 160,310 $6.7M
2 Lineweaver Wealth Advisors, LLC 1.69% 300,288 $12.6M
3 Pinnacle Wealth Management Group, Inc. 1.29% 62,705 $2.6M
4 BFI Wealth Solutions, LLC 1.27% 31,557 $1.3M
5 Cassady Wealth & Retirement Planning, LLC 1.20% 43,772 $1.8M
6 Hardworking Capital Advisors, LLC 1.18% 30,174 $1.3M
7 Weaver Consulting Group 1.06% 106,645 $4.5M
8 Weaver Capital Management LLC 1.06% 117,127 $4.9M
9 Yarger Wealth Strategies, LLC 1.02% 60,530 $2.5M
10 Corrado Advisors, LLC 0.86% 39,391 $1.6M
11 Bellwether Advisors, LLC 0.82% 115,286 $4.8M
12 Southland Equity Partners LLC 0.73% 89,720 $3.8M
13 Quest 10 Wealth Builders, Inc. 0.66% 17,989 $752K
14 Riverchase Wealth Management, LLC 0.59% 27,250 $1.1M
15 Cape Investment Advisory, Inc. 0.58% 41,525 $1.7M
16 Keating Financial Advisory Services, Inc. 0.56% 82,242 $3.4M
17 Pacific Park Financial, Inc. 0.54% 19,895 $832K
18 Berkshire Money Management, Inc. 0.47% 110,197 $4.6M
19 Triton Financial Group Inc 0.46% 6,372 $267K
20 Liberty Atlantic Advisors LLC 0.44% 12,223 $511K
21 Outlook Wealth Advisors, LLC 0.41% 40,659 $1.7M
22 Castle Rock Wealth Management, LLC 0.41% 44,927 $1.9M
23 Fortune Financial Group, Inc. 0.41% 10,826 $453K
24 ARS Wealth Advisors Group, LLC 0.39% 111,199 $4.7M
25 Cornerstone Wealth, LLC/TN 0.39% 16,054 $691K
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 (PJUN)

What does the Smart Money Trend signal show for PJUN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their PJUN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for PJUN?

Heavy selling pressure — only 24% buying: Last quarter: 95 funds sold vs only 30 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 PJUN holders?

Strong quality — 31% AUM from major funds: 9 of 161 holders rank in the top 100 by AUM, accounting for 31% 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 PJUN?

64% of holders stayed for 2+ years: 103 out of 161 hedge funds have held PJUN 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 (PJUN) following the 2026 Q1 hedge fund 13F filings?

As of today, PJUN has moved -0.6% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.9%. Since the quarter end (March 31, 2026), PJUN has gained +2.8% vs +14.1% 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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