Innovator Etfs Trust (ZDEK): Hedge Fund Ownership & Smart Money Signals (Q1 2026)

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

As of today, ZDEK has moved +0.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -0.8%. Since the quarter end (March 31, 2026), ZDEK gained +3.0% vs +14.9% 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.

Innovator Etfs Trust (ZDEK)

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

Smart Money Signals — ZDEK

Based on 89 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 ZDEK 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

89 hedge funds hold ZDEK 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.

🚀

Fast accumulation — +53% more funds vs a year ago

fund count last 6Q

+31 new funds entered over the past year (+53% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.

🔴

Heavy selling pressure — only 38% buying

23 buying38 selling

Last quarter: 38 funds sold vs only 23 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: 16 → 11 → 32 → 11. 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.

🔄

Mostly new holders — 51% entered in last year

■ 1% conviction (2yr+) ■ 48% medium ■ 51% new

Only 1 funds (1%) 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.

📈

Growing discovery — still being found

26 → 16 → 11 → 32 → 11 new funds/Q

New funds entering each quarter: 16 → 11 → 32 → 11. A growing number of institutions are discovering ZDEK each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.

🌱

Early stage — 71% of holders entered in last year

■ 1% veterans ■ 28% 1-2yr ■ 71% new

Of 89 current holders: 63 (71%) entered in the past year, only 1 (1%) 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.

📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds

6 of 89 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

5.7

out of 10

Moderate Exit Risk

Exit risk score 5.7/10 — 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.

Metric	All 13F Filers (2026 Q1)	Prior (2025 Q4)	Change
Funds Holding	89	87	2.3%
13F Shares	3M	3M	-10.89%
Total Value	$67M	$78M	-13.11%
New Positions	11	32	-21
Increased Positions	12	28	-16
Closed Positions	9	8	+1
Reduced Positions	29	14	+15
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q1)

Prior (2025 Q4)

Change

Funds Holding

2.3%

13F Shares

-10.89%

Total Value

$67M

$78M

-13.11%

New Positions

-21

Increased Positions

-16

Closed Positions

Reduced Positions

+15

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

89 + investors

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

QUARTER:

FILTER:All New Added To Reduced No Change | Overweight >5%

Top 25 ZDEK holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Owen LaRue, LLC	0.61%	61,882	$1.6M
2	Brown Wealth Management, LLC	0.48%	72,622	$1.9M
3	Alpine Bank Wealth Management	0.43%	116,000	$3.0M
4	Prasad Wealth Partners, LLC	0.32%	46,261	$1.2M
5	Kfg Wealth Management, LLC	0.32%	96,587	$2.5M
6	FSA Advisors, Inc.	0.29%	17,156	$440K
7	Lineweaver Wealth Advisors, LLC	0.27%	79,556	$2.0M
8	Diligent Investors, LLC	0.25%	40,000	$1.0M
9	FC Advisory LLC	0.22%	30,049	$770K
10	Archer Investment Corp	0.22%	40,442	$1.0M
11	Integrity Wealth Solutions LLC	0.21%	20,940	$537K
12	Rps Advisory Solutions LLC	0.19%	12,976	$333K
13	Peak Wealth Management LLC	0.17%	8,320	$213K
14	Independent Wealth Network Inc.	0.17%	22,391	$574K
15	IMG Wealth Management, Inc.	0.17%	10,267	$263K
16	Central Valley Advisors, LLC	0.16%	22,820	$585K
17	Gwn Securities INC.	0.16%	31,913	$818K
18	Marshall Financial Group, LLC	0.14%	33,602	$861K
19	Grantvest Financial Group LLC	0.13%	8,137	$209K
20	AssuredPartners Investment Advisors, LLC	0.12%	44,279	$1.1M
21	Evolution Wealth Management INC.	0.11%	6,086	$156K
22	Sonoma Allocations LLC	0.11%	12,363	$317K
23	Cary Street Partners Financial LLC	0.10%	153,791	$3.9M
24	Chris Bulman Inc	0.09%	8,284	$212K
25	Sykon Capital LLC	0.09%	10,390	$266K

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 (ZDEK)

What does the Smart Money Trend signal show for ZDEK?

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

Heavy selling pressure — only 38% buying: Last quarter: 38 funds sold vs only 23 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 ZDEK holders?

Smaller funds dominant — 6% AUM from top-100: 6 of 89 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ZDEK?

Mostly new holders — 51% entered in last year: Only 1 funds (1%) 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 (ZDEK) following the 2026 Q1 hedge fund 13F filings?

As of today, ZDEK has moved +0.3% since the 2026 Q1 13F filing date (May 15, 2026), compared to +1.1% for the SPY sector ETF — an outperformance of -0.8%. Since the quarter end (March 31, 2026), ZDEK has gained +3.0% vs +14.9% 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.

Market Cap	--
Enterprise Value	--
Trailing P/E	--
Forward P/E	--
PEG Ratio (5yr expected)	--
Price/Sales (ttm)	--
Price/Book (mrq)	--
Enterprise Value/Revenue	--
Enterprise Value/EBITDA	--
Beta (5Y Monthly)	--
Short Ratio (Days to Cover)	--
Short % of Float	--

Profit Margin	--
Return on Assets (ttm)	--
Return on Equity (ttm)	--

Revenue (ttm)	--
Net Income Avi to Common (ttm)	--
Diluted EPS (ttm)	--
Total Cash (mrq)	--
Total Debt/Equity (mrq)	--
Levered Free Cash Flow (ttm)	--

Innovator Etfs Trust (ZDEK)

Smart Money Signals — ZDEK

Buying streak — 2 quarters in a row

At the ownership peak (100% of max)

Fast accumulation — +53% more funds vs a year ago

Heavy selling pressure — only 38% buying

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

Mostly new holders — 51% entered in last year

Growing discovery — still being found

Early stage — 71% of holders entered in last year

Smaller funds dominant — 6% AUM from top-100

Institutional Sentiment Summary — ZDEK

Hedge Fund Ownership: ZDEK

Market Analysis: ZDEK

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ZDEK

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

Hedge Fund Positioning: ZDEK

Statistics: ZDEK

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Innovator Etfs Trust (ZDEK)

Welcome to 13Foresight!