Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (UDEC)

110 + Investors. Track Smart Money conviction in UDEC. 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
↓ -7
Streak
1Q ▼
Buyers last Q
33%

Smart Money Signals — UDEC

Based on 110 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 UDEC positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 92% of 3.0Y peak

92% of all-time peak
110 funds currently hold this stock — 92% of the 3.0-year high of 119 funds (reached 2025 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +10% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 33% buying

31 buying62 selling
Last quarter: 62 funds sold vs only 31 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-14 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 28 → 13 → 23 → 9. 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.
📌

Mixed — 39% long-term, 23% new

39% conviction (2yr+) 38% medium 23% new
Of the 110 current holders: 43 (39%) held >2 years, 42 held 1–2 years, and 25 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
📊

Peak discovery — momentum slowing

33 → 28 → 13 → 23 → 9 new funds/Q
New funds entering each quarter: 28 → 13 → 23 → 9. UDEC is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Veteran-anchored — 43% veterans vs 45% newcomers

43% veterans 13% 1-2yr 45% new
Entry-cohort mix of 110 holders: 47 (43%) are 2+ year veterans, 14 entered 1–2 years ago, and 49 (45%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 5% AUM from top-100

5% from top-100 AUM funds
6 of 110 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.1
out of 10
Moderate Exit Risk
Exit risk score 4.1/10 — 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 — UDEC

In 2026 Q1, 31 hedge funds were net buyers of UDEC (9 opened a new position, 22 added to an existing one), while 62 reduced or exited (46 trimmed, 16 sold completely) — a 33% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -7 funds (more exits than new entries). Total institutional holders: 110.

Hedge Fund Ownership: UDEC

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

Market Analysis: UDEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UDEC

-- --

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

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

Signal Freshness measures how much UDEC 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
UDEC
nan%
SPY
+15.1%

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

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

Since the filing became public, UDEC 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.

1 top-rated funds 2 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
2.0
/ 10
conviction
Hedge Fund Positioning: UDEC
110 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 110 117 -5.98%
13F Shares 7M 6M 15.99%
Total Value $262M $234M 12.02%
New Positions 9 23 -14
Increased Positions 22 29 -7
Closed Positions 16 18 -2
Reduced Positions 46 36 +10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: UDEC

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Financial Highlights

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Institutional Holders (2026 Q1)

110 + investors

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

QUARTER:
Top 25 UDEC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Legacy Capital Wealth Management, LLC 5.04% 225,553 $8.8M
2 Talon Private Wealth, LLC 4.78% 926,565 $36.0M
3 IMG Wealth Management, Inc. 1.27% 51,275 $2.0M
4 Central Valley Advisors, LLC 0.97% 91,348 $3.5M
5 Brookstone Capital Management 0.84% 1,886,457 $73.3M
6 Milestone Asset Management, LLC 0.54% 75,699 $2.9M
7 Kfg Wealth Management, LLC 0.51% 101,177 $3.9M
8 Redwood Family Wealth LLC 0.46% 12,077 $469K
9 Sovran Advisors, LLC 0.45% 139,430 $5.7M
10 Family Legacy Financial Solutions, LLC 0.44% 13,900 $542K
11 Bravias Capital Group, LLC 0.41% 16,016 $622K
12 NewCorp Financial Services, Inc. 0.36% 10,679 $415K
13 Sonoma Allocations LLC 0.35% 25,816 $1.0M
14 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.33% 149,099 $5.8M
15 Red Reef Advisors LLC 0.32% 8,014 $318K
16 Castle Rock Wealth Management, LLC 0.32% 37,320 $1.5M
17 Lakeridge Wealth Management LLC 0.31% 18,531 $720K
18 TrustBank 0.26% 17,040 $662K
19 Virtue Capital Management, LLC 0.25% 43,287 $1.7M
20 MBL Wealth, LLC 0.21% 71,598 $2.8M
21 William Mack & Associates, Inc. 0.20% 9,223 $358K
22 Berger Financial Group, Inc 0.19% 88,385 $3.4M
23 AssuredPartners Investment Advisors, LLC 0.19% 45,067 $1.8M
24 Trek Financial, LLC 0.19% 90,890 $3.5M
25 Bright Futures Wealth Management, LLC. 0.18% 6,721 $261K
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 (UDEC)

What does the Smart Money Trend signal show for UDEC?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their UDEC 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 UDEC?

Heavy selling pressure — only 33% buying: Last quarter: 62 funds sold vs only 31 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 UDEC holders?

Smaller funds dominant — 5% AUM from top-100: 6 of 110 holders rank in the top 100 by AUM, but together hold only 5% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held UDEC?

Mixed — 39% long-term, 23% new: Of the 110 current holders: 43 (39%) held >2 years, 42 held 1–2 years, and 25 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Is it too late to buy Innovator Etfs Trust (UDEC) following the 2026 Q1 hedge fund 13F filings?

As of today, UDEC 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), UDEC 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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