Innovator Equity Defined Protection ETF - 2 Yr to January 2028
AJAN
38 hedge funds and large institutions have $19.9M invested in Innovator Equity Defined Protection ETF - 2 Yr to January 2028 in 2025 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 16 reducing their positions, and 8 closing their positions.
3.23% less ownership
Funds ownership: 54.12% → 50.89% (-3.2%)
10% less funds holding
Funds holding: 42 → 38 (-4)
17% less capital invested
Capital invested by funds: $23.8M → $19.9M (-$3.96M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
69% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BW
BIP Wealth
Atlanta,
Georgia
|
+$1.29M |
| 2 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$217K |
| 3 |
JP Morgan Chase
New York
|
+$77.8K |
| 4 |
LPL Financial
San Diego,
California
|
+$44K |
| 5 |
Barclays
London,
United Kingdom
|
+$7.28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$1.66M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$687K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$642K |
| 4 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$545K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$288K |
AJAN Hedge Fund Activity: Q4 2025 in Review
38 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 2 Yr to January 2028 (AJAN) for Q4 2025, worth a combined $19.9M — down 17% from $23.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AJAN and 4 opened new positions — a net loss of 4 holders — while 16 trimmed existing stakes and 5 added.
The largest buyer was BIP Wealth, opening a new position worth an estimated $1.29M. The largest seller was Strategic Blueprint, exiting entirely with an estimated $1.66M sold.
- 38 institutional investors held Innovator Equity Defined Protection ETF - 2 Yr to January 2028 (AJAN) as of Q4 2025, down from 42 in Q3 2025.
- Funds reported $19.9M of Innovator Equity Defined Protection ETF - 2 Yr to January 2028 stock for Q4 2025, down 17% quarter-over-quarter.
- 4 funds opened new Innovator Equity Defined Protection ETF - 2 Yr to January 2028 positions in Q4 2025 and 8 closed out, a net change of -4 holders.
- The largest Innovator Equity Defined Protection ETF - 2 Yr to January 2028 buyer in Q4 2025 was BIP Wealth, an estimated $1.29M added.
- The largest Innovator Equity Defined Protection ETF - 2 Yr to January 2028 seller in Q4 2025 was Strategic Blueprint, an estimated $1.66M sold.
Based on aggregated 13F filings for Q4 2025.