Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (ZFEB)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -2
Streak
1Q ▼
Buyers last Q
27%

Smart Money Signals — ZFEB

Based on 73 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 3Q
For 1 consecutive quarter, more hedge funds reduced or closed their ZFEB 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 (97% of max)

97% of all-time peak
73 hedge funds hold ZFEB 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 27% buying

13 buying36 selling
Last quarter: 36 funds sold vs only 13 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 27 → 9 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 44% entered in last year

■ 0% conviction (2yr+) ■ 56% medium ■ 44% 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.
⚠️

Saturation — most institutions already know this story

27 → 9 → 8 new funds/Q
New funds entering each quarter: 27 → 9 → 8. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
🌱

Early stage — 100% of holders entered in last year

■ 0% veterans ■ 0% 1-2yr ■ 100% new
Of 73 current holders: 73 (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 — 4% AUM from top-100

4% from top-100 AUM funds
4 of 73 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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.

Hedge Fund Ownership: ZFEB

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

Market Analysis: ZFEB

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZFEB

-- --
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

5 top-rated funds 0 high-conviction
Consensus
3.4
/ 10
breadth
×
Elite
0.8
/ 10
conviction
Hedge Fund Positioning: ZFEB
2026 Q1 Stats Unlock in 22 days 73 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 73 75 -2.67%
13F Shares 3M 3M -9.68%
Total Value $64M $70M -8.11%
New Positions 8 9 -1
Increased Positions 5 6 -1
Closed Positions 10 6 +4
Reduced Positions 26 28 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZFEB

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Return on Assets (ttm) --
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Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
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Institutional Holders (2026 Q1)

73 + investors

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

Top 25 institutional holders of ZFEB — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Peak Wealth Management LLC 1.26% 60,330 $1.5M
2 Alpine Bank Wealth Management 0.42% 115,000 $2.9M
3 EVOLUTION WEALTH MANAGEMENT INC. 0.31% 16,737 $425K
4 Fortune Financial Group, Inc. 0.29% 12,500 $317K
5 Chris Bulman Inc 0.27% 24,303 $617K
6 Five Pine Wealth Management 0.25% 16,107 $409K
7 Lineweaver Wealth Advisors, LLC 0.22% 65,311 $1.7M
8 SYKON CAPITAL LLC 0.20% 23,355 $593K
9 CENTRAL VALLEY ADVISORS, LLC 0.18% 25,799 $655K
10 Summit Wealth Partners, LLC 0.15% 37,726 $958K
11 PTM WEALTH MANAGEMENT, LLC 0.13% 10,000 $254K
12 CANANDAIGUA NATIONAL CORP 0.13% 56,842 $1.4M
13 KELLY FINANCIAL GROUP LLC 0.10% 16,435 $417K
14 AssuredPartners Investment Advisors, LLC 0.10% 35,207 $894K
15 Heck Capital Advisors, LLC 0.08% 44,700 $1.1M
16 KFG WEALTH MANAGEMENT, LLC 0.08% 24,646 $626K
17 ADAMSBROWN WEALTH CONSULTANTS LLC 0.07% 10,665 $271K
18 Cypress Wealth Services, LLC 0.05% 13,574 $345K
19 Clear Creek Financial Management, LLC 0.04% 21,954 $557K
20 Continuum Advisory, LLC 0.04% 15,292 $388K
21 SUMMIT WEALTH GROUP LLC / CO 0.04% 13,933 $354K
22 CGN Advisors LLC 0.03% 16,065 $408K
23 GILL CAPITAL PARTNERS, LLC 0.03% 3,800 $96K
24 Cornerstone Wealth Group, LLC 0.02% 13,707 $352K
25 IFP Advisors, Inc 0.01% 25,604 $650K
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?

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

Heavy selling pressure — only 27% buying: Last quarter: 36 funds sold vs only 13 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 ZFEB holders?

Smaller funds dominant — 4% AUM from top-100: 4 of 73 holders rank in the top 100 by AUM, but together hold only 4% 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 — 44% 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.

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.