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

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

As of today, ZFEB has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), ZFEB gained +2.1% 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.

Innovator Etfs Trust (ZFEB)

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

Smart Money Signals — ZFEB

Based on 98 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 4Q

For 1 consecutive quarter, more hedge funds added ZFEB 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

98 hedge funds hold ZFEB right now — the highest count in 1.2 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 — +96% more funds vs a year ago

fund count last 5Q

+48 new funds entered over the past year (+96% 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. The peak was reached in just 4 quarters from the low — a sharp move.

🟢

More buyers than sellers — 73% buying

61 buying23 selling

Last quarter: 61 funds were net buyers (29 opened a brand new position + 32 added to an existing one). Only 23 were sellers (16 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

📈

More new buyers each quarter (+20 vs last Q)

new funds entering per quarter

Funds opening a new ZFEB position: 30 → 9 → 9 → 29. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.

🔄

Mostly new holders — 40% entered in last year

■ 0% conviction (2yr+) ■ 60% medium ■ 40% 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.

➡️

Steady discovery — ~29 new funds/quarter

30 → 9 → 9 → 29 new funds/Q

New funds entering each quarter: 30 → 9 → 9 → 29. Consistent flow of new institutional buyers without clear acceleration or slowdown.

🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new

Of 98 current holders: 98 (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.

📋

Smaller funds dominant — 5% AUM from top-100

5% from top-100 AUM funds

5 of 98 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.

4.6

out of 10

Moderate Exit Risk

Exit risk score 4.6/10 — 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	98	76	28.95%
13F Shares	4M	3M	36.71%
Total Value	$86M	$66M	31.75%
New Positions	29	9	+20
Increased Positions	32	5	+27
Closed Positions	7	10	-3
Reduced Positions	16	27	-11
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

28.95%

13F Shares

36.71%

Total Value

$86M

$66M

31.75%

New Positions

+20

Increased Positions

+27

Closed Positions

-3

Reduced Positions

-11

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q1)

98 + investors

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

QUARTER:

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

Top 25 ZFEB holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Blossom Wealth Management	3.19%	84,787	$2.2M
2	Peak Wealth Management LLC	1.26%	60,330	$1.5M
3	NovaPoint Capital, LLC	1.02%	160,889	$4.1M
4	Crosspoint Financial, LLC	0.73%	11,441	$290K
5	Atlantic Private Wealth, LLC	0.52%	31,394	$797K
6	Trek Financial, LLC	0.45%	333,329	$8.5M
7	Optima Capital LLC	0.44%	37,324	$948K
8	Alpine Bank Wealth Management	0.42%	115,000	$2.9M
9	IMG Wealth Management, Inc.	0.39%	24,260	$616K
10	Evolution Wealth Management INC.	0.31%	16,737	$425K
11	Fortune Financial Group, Inc.	0.29%	12,500	$317K
12	Chris Bulman Inc	0.27%	24,303	$617K
13	Five Pine Wealth Management	0.25%	16,107	$409K
14	Lineweaver Wealth Advisors, LLC	0.22%	65,311	$1.7M
15	Integrity Advisory Solutions, LLC	0.22%	65,152	$1.7M
16	Sykon Capital LLC	0.20%	23,355	$593K
17	Archer Investment Corp	0.19%	34,743	$882K
18	Central Valley Advisors, LLC	0.18%	25,799	$655K
19	Summit Wealth Partners, LLC	0.15%	37,726	$958K
20	Ptm Wealth Management, LLC	0.13%	10,000	$254K
21	Canandaigua National Corp	0.13%	56,842	$1.4M
22	Prostatis Group LLC	0.12%	18,016	$457K
23	Truvestments Capital LLC	0.11%	23,599	$599K
24	Kelly Financial Group LLC	0.10%	16,435	$417K
25	WPWealth LLP	0.10%	26,407	$670K

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 (ZFEB)

What does the Smart Money Trend signal show for ZFEB?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added ZFEB 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 ZFEB?

More buyers than sellers — 73% buying: Last quarter: 61 funds were net buyers (29 opened a brand new position + 32 added to an existing one). Only 23 were sellers (16 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ZFEB holders?

Smaller funds dominant — 5% AUM from top-100: 5 of 98 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 ZFEB?

Mostly new holders — 40% 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 (ZFEB) following the 2026 Q1 hedge fund 13F filings?

As of today, ZFEB has moved +0.1% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of -0.2%. Since the quarter end (March 31, 2026), ZFEB has gained +2.1% 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.

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Innovator Etfs Trust (ZFEB)

Smart Money Signals — ZFEB

Buying streak — 1 quarter in a row

At the ownership peak (100% of max)

Fast accumulation — +96% more funds vs a year ago

More buyers than sellers — 73% buying

More new buyers each quarter (+20 vs last Q)

Mostly new holders — 40% entered in last year

Steady discovery — ~29 new funds/quarter

Early stage — 100% of holders entered in last year

Smaller funds dominant — 5% AUM from top-100

Institutional Sentiment Summary — ZFEB

Hedge Fund Ownership: ZFEB

Market Analysis: ZFEB

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ZFEB

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

Hedge Fund Positioning: ZFEB

Statistics: ZFEB

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q1)

Frequently Asked Questions — Innovator Etfs Trust (ZFEB)

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