Stock Analysis
Data Source: SEC EDGAR 13F
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Innovator Etfs Trust (ZJAN)

62 + Investors. Track Smart Money conviction in ZJAN. 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
↑ +2
Streak
5Q ▲
Buyers last Q
42%

Smart Money Signals — ZJAN

Based on 63 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 5 quarters in a row

last 5Q
For 5 consecutive quarters, more hedge funds added ZJAN 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
63 hedge funds hold ZJAN right now — the highest count in 1.5 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 — +57% more funds vs a year ago

fund count last 6Q
+23 new funds entered over the past year (+57% 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.
🟠

More sellers than buyers — 42% buying

16 buying22 selling
Last quarter: 22 funds reduced or exited vs 16 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-16 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 4 → 6 → 23 → 7. 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 — 46% entered in last year

0% conviction (2yr+) 54% medium 46% 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.
💰

Price up while funds trimmed (+19% value, -2% shares)

Value
+18%
Shares
-2%
Last quarter: total value of institutional ZJAN holdings rose +19% even though funds reduced share count by 2%. The stock price increased enough to offset the selling. Institutions are quietly trimming into price strength — watch for rotation.
➡️

Steady discovery — ~7 new funds/quarter

13 → 4 → 6 → 23 → 7 new funds/Q
New funds entering each quarter: 4 → 6 → 23 → 7. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 60% of holders entered in last year

0% veterans 40% 1-2yr 60% new
Of 63 current holders: 38 (60%) 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 — 7% AUM from top-100

7% from top-100 AUM funds
4 of 63 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.5
out of 10
Moderate Exit Risk
Exit risk score 5.5/10 — 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 — ZJAN

In 2026 Q2, 16 hedge funds were net buyers of ZJAN (7 opened a new position, 9 added to an existing one), while 22 reduced or exited (17 trimmed, 5 sold completely) — a 42% buyer ratio, indicating roughly balanced activity. This marks 5 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 63.

Hedge Fund Ownership: ZJAN

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

Market Analysis: ZJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZJAN

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

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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
0.2
/ 10
conviction
Hedge Fund Positioning: ZJAN
62 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 62 61 1.64%
13F Shares 2M 2M -2.09%
Total Value $47M $39M 18.78%
New Positions 7 23 -16
Increased Positions 9 22 -13
Closed Positions 6 5 +1
Reduced Positions 17 6 +11
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZJAN

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Institutional Holders (2026 Q2)

62 + investors

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

QUARTER:
Top 25 ZJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Archer Investment Corp 0.65% 118,129 $3.3M
2 Central Valley Advisors, LLC 0.16% 22,439 $628K
3 Lineweaver Wealth Advisors, LLC 0.14% 41,103 $1.2M
4 Insight Wealth Partners, LLC 0.13% 34,836 $975K
5 Cypress Wealth Services, LLC 0.12% 35,400 $991K
6 Kelly Financial Group LLC 0.12% 19,522 $547K
7 Mtm Financial Group, LLC 0.12% 9,957 $279K
8 Kfg Wealth Management, LLC 0.11% 34,800 $974K
9 Caliber Wealth Management, LLC / Ks 0.10% 36,616 $1.0M
10 Comprehensive Financial Consultants Institutional, Inc. 0.09% 12,399 $347K
11 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.08% 55,133 $1.5M
12 Applied Capital LLC 0.08% 8,349 $234K
13 Integral Investment Advisors, INC. 0.05% 7,850 $220K
14 Mutual Advisors, LLC 0.04% 81,097 $2.3M
15 Integrity Advisory Solutions, LLC 0.03% 11,874 $332K
16 Tradition Wealth Management, LLC 0.03% 19,323 $541K
17 Noble Wealth Management PBC 0.03% 2,620 $73K
18 NewEdge Advisors, LLC 0.03% 311,842 $8.7M
19 Cornerstone Wealth Group, LLC 0.02% 13,650 $382K
20 CGN Advisors LLC 0.02% 10,175 $285K
21 Canandaigua National Bank & Trust Co 0.02% 8,100 $227K
22 Strategic Blueprint, LLC 0.02% 13,150 $368K
23 Clear Creek Financial Management, LLC 0.02% 9,587 $268K
24 SageView Advisory Group, LLC 0.02% 15,976 $436K
25 Gill Capital Partners, LLC 0.01% 1,706 $48K
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 (ZJAN)

What does the Smart Money Trend signal show for ZJAN?

Buying streak — 5 quarters in a row: For 5 consecutive quarters, more hedge funds added ZJAN 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 ZJAN?

More sellers than buyers — 42% buying: Last quarter: 22 funds reduced or exited vs 16 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for ZJAN holders?

Smaller funds dominant — 7% AUM from top-100: 4 of 63 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held ZJAN?

Mostly new holders — 46% 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.

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