Innovator Defined Wealth Shield ETF
BALT
229 hedge funds and large institutions have $1.25B invested in Innovator Defined Wealth Shield ETF in 2025 Q3 according to their latest regulatory filings, with 41 funds opening new positions, 116 increasing their positions, 47 reducing their positions, and 10 closing their positions.
325% more capital inflows, than outflows
Capital inflows: $224M | Capital outflows: $52.7M
310% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 10
147% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 47
33% more funds holding in top 10
Funds holding in top 10: 15 → 20 (+5)
13% more funds holding
Funds holding: 202 → 229 (+27)
2.99% more ownership
Funds ownership: 71.46% → 74.46% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Reliant Wealth Planning
Louisville,
Kentucky
|
+$29.9M |
| 2 |
LJCM
Lee Johnson Capital Management
Fort Worth,
Texas
|
+$27.4M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
+$13.4M |
| 4 |
NewEdge Advisors
New Orleans,
Louisiana
|
+$10.2M |
| 5 |
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealthquest
Cincinnati,
Ohio
|
-$16.4M |
| 2 |
ARQ Wealth Advisors
Scottsdale,
Arizona
|
-$7.56M |
| 3 |
Core Wealth Advisors (Florida)
Lakeland,
Florida
|
-$4.65M |
| 4 |
Armis Advisers
Atlanta,
Georgia
|
-$3.83M |
| 5 |
Independent Financial Group
San Diego,
California
|
-$3.81M |
BALT Hedge Fund Activity: Q3 2025 in Review
229 of the 7,657 institutional investors tracked by Wall St. Rank reported a position in Innovator Defined Wealth Shield ETF (BALT) for Q3 2025, worth a combined $1.25B — up 18% from $1.06B a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new BALT positions and 10 closed out — a net gain of 31 holders — while 116 added to existing stakes and 47 trimmed.
The largest buyer was Reliant Wealth Planning, adding an estimated $29.9M. The largest seller was Wealthquest, cutting an estimated $16.4M.
- 229 institutional investors held Innovator Defined Wealth Shield ETF (BALT) as of Q3 2025, up from 202 in Q2 2025.
- Funds reported $1.25B of Innovator Defined Wealth Shield ETF stock for Q3 2025, up 18% quarter-over-quarter.
- 41 funds opened new Innovator Defined Wealth Shield ETF positions in Q3 2025 and 10 closed out, a net change of +31 holders.
- The largest Innovator Defined Wealth Shield ETF buyer in Q3 2025 was Reliant Wealth Planning, an estimated $29.9M added.
- The largest Innovator Defined Wealth Shield ETF seller in Q3 2025 was Wealthquest, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2025.