Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (TAPR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +2
Streak
3Q ▲
Buyers last Q
33%

Smart Money Signals — TAPR

Based on 15 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 3Q
For 3 consecutive quarters, more hedge funds added TAPR 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
15 hedge funds hold TAPR right now — the highest count in 1.0 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.
🔴

Heavy selling pressure — only 33% buying

2 buying4 selling
Last quarter: 4 funds sold vs only 2 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 3 → 3 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 47% entered in last year

■ 0% conviction (2yr+) ■ 53% medium ■ 47% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
📊

Peak discovery — momentum slowing

3 → 3 → 2 new funds/Q
New funds entering each quarter: 3 → 3 → 2. TAPR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 15 current holders: 15 (100%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
✅

Strong quality — 25% AUM from major funds

25% from top-100 AUM funds
3 of 15 holders rank in the top 100 by AUM, accounting for 25% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
6.1
out of 10
Moderate Exit Risk
Exit risk score 6.1/10 — 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 — TAPR

In 2026 Q1, 2 hedge funds were net buyers of TAPR (2 opened a brand-new position), while 4 reduced or exited (4 trimmed their position) — a 33% buyer ratio, indicating net institutional distribution. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. 25% of total institutional value in TAPR is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 15.

Hedge Fund Ownership: TAPR

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

Market Analysis: TAPR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TAPR

-- --

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

Is It Too Late to Buy INNOVATOR ETFS TRUST (TAPR) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TAPR 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 · 69d ago
TAPR
+2.4%
SPY
+13.4%

TAPR outperformed SPY by -11.0% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 24d ago
TAPR
+0.0%
SPY
-0.2%

Since the filing became public, TAPR outperformed SPY by +0.2% .

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 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.0
/ 10
conviction
Hedge Fund Positioning: TAPR
15 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 15 13 15.38%
13F Shares 276K 273K 0.85%
Total Value $7M $7M 0.26%
New Positions 2 3 -1
Increased Positions 0 0 -
Closed Positions 0 2 -2
Reduced Positions 4 1 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TAPR

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Beta (5Y Monthly) --
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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

15 + investors

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

QUARTER:
Top 15 institutional holders of TAPR — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Syntegra Private Wealth Group, LLC 0.03% 13,430 $346K
2 Composition Wealth, LLC 0.03% 72,416 $1.9M
3 Atlantic Private Wealth, LLC 0.02% 1,194 $31K
4 Tradition Wealth Management, LLC 0.02% 9,700 $250K
5 INDEPENDENT FINANCIAL GROUP, LLC 0.01% 10,000 $257K
6 OLD MISSION CAPITAL LLC 0.01% 17,464 $449K
7 MML INVESTORS SERVICES, LLC 0.00% 34,933 $899K
8 IFP Advisors, Inc 0.00% 1,600 $41K
9 COMMONWEALTH EQUITY SERVICES, LLC 0.00% 20,443 $526K
10 Cetera Investment Advisers 0.00% 14,430 $371K
11 ENVESTNET ASSET MANAGEMENT INC 0.00% 34,933 $899K
12 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% 26,743 $688K
13 RAYMOND JAMES FINANCIAL INC 0.00% 8,889 $229K
14 OSAIC HOLDINGS, INC. 0.00% 1,049 $27K
15 JANE STREET GROUP, LLC 0.00% 8,463 $218K
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 (TAPR)

What does the Smart Money Trend signal show for TAPR?

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

Heavy selling pressure — only 33% buying: Last quarter: 4 funds sold vs only 2 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 TAPR holders?

Strong quality — 25% AUM from major funds: 3 of 15 holders rank in the top 100 by AUM, accounting for 25% 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 TAPR?

Mostly new holders — 47% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

Is it too late to buy INNOVATOR ETFS TRUST (TAPR) following the 2026 Q1 hedge fund 13F filings?

As of today, TAPR has moved +0.0% since the 2026 Q1 13F filing date (May 15, 2026), compared to -0.2% for the SPY sector ETF — an outperformance of +0.2%. Since the quarter end (March 31, 2026), TAPR has gained +2.4% vs +13.4% 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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