Innovator Etfs Trust (ZNOV) Hedge Fund Ownership (Q2 2026)

Q: Is it too late to buy Innovator Etfs Trust (ZNOV) following the 2026 Q2 hedge fund 13F filings?

As of today, ZNOV has moved +0.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +1.2%. Since the quarter end (June 30, 2026), ZNOV gained +1.7% vs +3.3% 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 (ZNOV)

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

Smart Money Signals — ZNOV

Based on 72 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q

For 2 consecutive quarters, more hedge funds reduced or closed their ZNOV positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

📊

High ownership — 92% of 3.0Y peak

92% of all-time peak

72 funds currently hold this stock — 92% of the 3.0-year high of 78 funds (reached 2025 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.

🚀

Fast accumulation — +140% more funds vs a year ago

fund count last 6Q

+42 new funds entered over the past year (+140% 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 33% buying

22 buying44 selling

Last quarter: 44 funds sold vs only 22 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

➡️

Steady new buyers — ~12 new funds per quarter

new funds entering per quarter

Funds opening this position for the first time: 10 → 44 → 9 → 12. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.

🔄

Mostly new holders — 58% entered in last year

■ 1% conviction (2yr+) ■ 40% medium ■ 58% 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.

⚠️

Saturation — most institutions already know this story

6 → 10 → 44 → 9 → 12 new funds/Q

New funds entering each quarter: 10 → 44 → 9 → 12. 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 — 65% of holders entered in last year

■ 1% veterans ■ 33% 1-2yr ■ 65% new

Of 72 current holders: 47 (65%) 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

5 of 72 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.

6.0

out of 10

Moderate Exit Risk

Exit risk score 6.0/10 — 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.

Metric	All 13F Filers (2026 Q2)	Prior (2026 Q1)	Change
Funds Holding	72	76	-5.26%
13F Shares	2M	3M	-28.85%
Total Value	$52M	$67M	-22.78%
New Positions	12	9	+3
Increased Positions	10	24	-14
Closed Positions	16	11	+5
Reduced Positions	28	21	+7
Total Calls	0	0	-
Total Puts	0	0	-
PUT/CALL Ratio	0.0	0.0	Bullish

Metric

All 13F Filers (2026 Q2)

Prior (2026 Q1)

Change

Funds Holding

-5.26%

13F Shares

-28.85%

Total Value

$52M

$67M

-22.78%

New Positions

Increased Positions

-14

Closed Positions

Reduced Positions

Total Calls

Total Puts

PUT/CALL Ratio

0.0

Bullish

Institutional Holders (2026 Q2)

72 + investors

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

QUARTER:

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

Top 25 ZNOV holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
#	Investor	% of Portfolio	Shares	Mkt Value
1	Authentikos Wealth Advisory, LLC	0.48%	27,575	$757K
2	Alpine Bank Wealth Management	0.40%	113,000	$3.1M
3	Prostatis Group LLC	0.28%	43,908	$1.2M
4	Triad Wealth Partners, LLC	0.22%	134,579	$3.7M
5	Lineweaver Wealth Advisors, LLC	0.21%	64,701	$1.8M
6	Cypress Wealth Services, LLC	0.20%	59,888	$1.6M
7	Encompass More Asset Management	0.19%	48,072	$1.3M
8	Cassady Wealth & Retirement Planning, LLC	0.17%	13,332	$366K
9	Nicholas Wealth, LLC.	0.17%	11,099	$305K
10	Central Valley Advisors, LLC	0.16%	22,955	$630K
11	IMG Wealth Management, Inc.	0.14%	8,956	$246K
12	Chris Bulman Inc	0.13%	12,705	$349K
13	FSA Advisors, Inc.	0.13%	10,058	$276K
14	Wealthgarden F.S. LLC	0.12%	7,825	$215K
15	Summit Wealth Partners, LLC	0.12%	30,594	$840K
16	Kfg Wealth Management, LLC	0.09%	28,915	$794K
17	Phoenix Wealth Advisors	0.07%	7,540	$207K
18	Archer Investment Corp	0.07%	12,448	$342K
19	Vantage Point Financial LLC	0.07%	7,949	$218K
20	Syon Capital LLC	0.06%	48,765	$1.3M
21	Legacy Capital Wealth Partners, LLC	0.05%	10,392	$285K
22	Marshall Financial Group, LLC	0.05%	12,582	$346K
23	Canandaigua National Bank & Trust Co	0.05%	19,825	$544K
24	AdvisorNet Financial, Inc	0.04%	34,521	$948K
25	Gwn Securities INC.	0.04%	8,174	$224K

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 (ZNOV)

What does the Smart Money Trend signal show for ZNOV?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their ZNOV 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 ZNOV?

Heavy selling pressure — only 33% buying: Last quarter: 44 funds sold vs only 22 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 ZNOV holders?

Smaller funds dominant — 6% AUM from top-100: 5 of 72 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 ZNOV?

Mostly new holders — 58% 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 (ZNOV) following the 2026 Q2 hedge fund 13F filings?

As of today, ZNOV has moved +0.5% since the 2026 Q2 13F filing date (August 14, 2026), compared to -0.7% for the SPY sector ETF — an outperformance of +1.2%. Since the quarter end (June 30, 2026), ZNOV has gained +1.7% vs +3.3% 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 (ZNOV)

Smart Money Signals — ZNOV

Selling streak — 2 quarters in a row

High ownership — 92% of 3.0Y peak

Fast accumulation — +140% more funds vs a year ago

Heavy selling pressure — only 33% buying

Steady new buyers — ~12 new funds per quarter

Mostly new holders — 58% entered in last year

Saturation — most institutions already know this story

Early stage — 65% of holders entered in last year

Smaller funds dominant — 6% AUM from top-100

Institutional Sentiment Summary — ZNOV

Hedge Fund Ownership: ZNOV

Market Analysis: ZNOV

Analyst Price Targets

Analyst Recommendations

Stock Performance

Company Profile: ZNOV

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

Hedge Fund Positioning: ZNOV

Statistics: ZNOV

Valuation Measures Data as of: --

Financial Highlights

Institutional Holders (2026 Q2)

Frequently Asked Questions — Innovator Etfs Trust (ZNOV)

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