Innovator Defined Wealth Shield ETF
BALT
77 hedge funds and large institutions have $248M invested in Innovator Defined Wealth Shield ETF in 2023 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 32 increasing their positions, 23 reducing their positions, and 9 closing their positions.
67% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 9
39% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 23
13% more capital invested
Capital invested by funds: $218M → $248M (+$29.2M)
8% more funds holding
Funds holding: 71 → 77 (+6)
1.13% less ownership
Funds ownership: 75.76% → 74.63% (-1.1%)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$10.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$8.05M |
| 3 |
PCS
Personal CFO Solutions
Chester,
New Jersey
|
+$6.04M |
| 4 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$4.52M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$3.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWA
Pillar Wealth Advisors
West Chester,
Pennsylvania
|
-$13.4M |
| 2 |
CAG
Compass Advisory Group
Melville,
New York
|
-$8.82M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$7.58M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$985K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$968K |
BALT Hedge Fund Activity: Q1 2023 in Review
77 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Innovator Defined Wealth Shield ETF (BALT) for Q1 2023, worth a combined $248M — up 13% from $218M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BALT positions and 9 closed out — a net gain of 6 holders — while 32 added to existing stakes and 23 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $10.7M. The largest seller was Pillar Wealth Advisors, exiting entirely with an estimated $13.4M sold.
- 77 institutional investors held Innovator Defined Wealth Shield ETF (BALT) as of Q1 2023, up from 71 in Q4 2022.
- Funds reported $248M of Innovator Defined Wealth Shield ETF stock for Q1 2023, up 13% quarter-over-quarter.
- 15 funds opened new Innovator Defined Wealth Shield ETF positions in Q1 2023 and 9 closed out, a net change of +6 holders.
- The largest Innovator Defined Wealth Shield ETF buyer in Q1 2023 was Envestnet Asset Management, an estimated $10.7M added.
- The largest Innovator Defined Wealth Shield ETF seller in Q1 2023 was Pillar Wealth Advisors, an estimated $13.4M sold.
Based on aggregated 13F filings for Q1 2023.