Innovator Defined Wealth Shield ETF
BALT
226 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, 44 reducing their positions, and 10 closing their positions.
310% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 10
164% more repeat investments, than reductions
Existing positions increased: 116 | Existing positions reduced: 44
33% more funds holding in top 10
Funds holding in top 10: 15 → 20 (+5)
18% more capital invested
Capital invested by funds: $1.06B → $1.25B (+$191M)
14% more funds holding
Funds holding: 199 → 226 (+27)
3.05% more ownership
Funds ownership: 71.2% → 74.25% (+3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWP
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 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$10.2M |
| 5 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$10.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthquest
Cincinnati,
Ohio
|
-$16.4M |
| 2 |
AWA
ARQ Wealth Advisors
Scottsdale,
Arizona
|
-$7.56M |
| 3 |
CWAF
Core Wealth Advisors (Florida)
Lakeland,
Florida
|
-$4.65M |
| 4 |
AA
Armis Advisers
Atlanta,
Georgia
|
-$3.83M |
| 5 |
IFG
Independent Financial Group
San Diego,
California
|
-$3.81M |
BALT Hedge Fund Activity: Q3 2025 in Review
226 of the 7,640 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 44 trimmed.
The largest buyer was Reliant Wealth Planning, adding an estimated $29.9M. The largest seller was Wealthquest, cutting an estimated $16.4M.
- 226 institutional investors held Innovator Defined Wealth Shield ETF (BALT) as of Q3 2025, up from 199 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.