Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (ZMAR)

85 + Investors. Track Smart Money conviction in ZMAR. 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
↑ +3
Streak
2Q ▲
Buyers last Q
48%

Smart Money Signals — ZMAR

Based on 85 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 5Q
For 2 consecutive quarters, more hedge funds added ZMAR 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
85 hedge funds hold ZMAR 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 — +49% more funds vs a year ago

fund count last 6Q
+28 new funds entered over the past year (+49% 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 — 48% buying

29 buying31 selling
Last quarter: 31 funds reduced or exited vs 29 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 (-19 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 8 → 8 → 30 → 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 — 42% entered in last year

0% conviction (2yr+) 58% medium 42% 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.
📈

Growing discovery — still being found

25 → 8 → 8 → 30 → 11 new funds/Q
New funds entering each quarter: 8 → 8 → 30 → 11. A growing number of institutions are discovering ZMAR each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🌱

Early stage — 67% of holders entered in last year

0% veterans 33% 1-2yr 67% new
Of 85 current holders: 57 (67%) 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 85 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.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — ZMAR

In 2026 Q2, 29 hedge funds were net buyers of ZMAR (11 opened a new position, 18 added to an existing one), while 31 reduced or exited (23 trimmed, 8 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. Net buying has persisted for two consecutive quarters, a positive momentum signal. Net fund flow last quarter: +3 funds (more new holders than closures). Total institutional holders: 85.

Hedge Fund Ownership: ZMAR

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

Market Analysis: ZMAR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZMAR

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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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: ZMAR
85 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 85 82 3.66%
13F Shares 2M 2M 4.45%
Total Value $56M $50M 11.24%
New Positions 11 30 -19
Increased Positions 18 23 -5
Closed Positions 8 8 -
Reduced Positions 23 13 +10
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZMAR

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Institutional Holders (2026 Q2)

85 + investors

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

QUARTER:
Top 25 ZMAR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 IMG Wealth Management, Inc. 0.43% 27,639 $780K
2 Intentional Wealth Strategies, LLC 0.33% 12,579 $355K
3 Liberty Atlantic Advisors LLC 0.29% 14,434 $407K
4 Lineweaver Wealth Advisors, LLC 0.28% 84,609 $2.4M
5 Canandaigua National Bank & Trust Co 0.27% 111,567 $3.1M
6 Brown Wealth Management, LLC 0.24% 37,689 $1.1M
7 Continuum Wealth Advisors, LLC 0.18% 18,877 $533K
8 Beam Wealth Advisors, INC. 0.18% 25,705 $709K
9 Archer Investment Corp 0.17% 31,185 $880K
10 Central Valley Advisors, LLC 0.17% 23,311 $658K
11 Five Pine Wealth Management 0.13% 8,332 $235K
12 Kfg Wealth Management, LLC 0.12% 37,599 $1.1M
13 Wealth Advisory Solutions, LLC 0.11% 19,531 $551K
14 COFG Advisors, LLC 0.11% 22,725 $641K
15 Integrity Advisory Solutions, LLC 0.11% 37,949 $1.1M
16 Evolution Wealth Management INC. 0.11% 6,602 $186K
17 Worth Financial Advisory Group, LLC 0.11% 9,170 $259K
18 FSA Advisors, Inc. 0.10% 7,580 $214K
19 Optima Capital LLC 0.08% 7,375 $208K
20 Sykon Capital LLC 0.08% 9,100 $257K
21 Caliber Wealth Management, LLC / Ks 0.08% 27,952 $789K
22 Comprehensive Financial Consultants Institutional, Inc. 0.07% 9,288 $262K
23 Lifestyle Asset Management, Inc. 0.05% 7,209 $203K
24 Prasad Wealth Partners, LLC 0.05% 7,250 $205K
25 Glen Eagle Advisors, LLC 0.05% 13,773 $389K
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 (ZMAR)

What does the Smart Money Trend signal show for ZMAR?

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

More sellers than buyers — 48% buying: Last quarter: 31 funds reduced or exited vs 29 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 ZMAR holders?

Smaller funds dominant — 4% AUM from top-100: 4 of 85 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 ZMAR?

Mostly new holders — 42% 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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