Innovator US Equity Buffer ETF April
BAPR
110 hedge funds and large institutions have $278M invested in Innovator US Equity Buffer ETF April in 2025 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 9 increasing their positions, 53 reducing their positions, and 6 closing their positions.
233% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 6
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
22% more capital inflows, than outflows
Capital inflows: $144M | Capital outflows: $118M
15% more funds holding
Funds holding: 96 → 110 (+14)
9.13% more ownership
Funds ownership: 72.59% → 81.72% (+9.1%)
83% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$104M |
| 2 |
MPCL
My Personal CFO LLC
Vancouver,
Washington
|
+$3.78M |
| 3 |
World Investment Advisors
Santa Barbara,
California
|
+$1.1M |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
+$886K |
| 5 |
IIA
Integral Investment Advisors
Turlock,
California
|
+$723K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.61M |
| 2 |
Belpointe Asset Management
Reno,
Nevada
|
-$2.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$883K |
| 4 |
MI
Motiv8 Investments
Port St. Lucie,
Florida
|
-$747K |
| 5 |
Gradient Investments
Arden Hills,
Minnesota
|
-$745K |
BAPR Hedge Fund Activity: Q4 2025 in Review
110 of the 8,287 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF April (BAPR) for Q4 2025, worth a combined $278M — up 13% from $247M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new BAPR positions and 6 closed out — a net gain of 14 holders — while 9 added to existing stakes and 53 trimmed.
The largest buyer was Lido Advisors, opening a new position worth an estimated $104M. The largest seller was Raymond James Financial, cutting an estimated $2.61M.
- 110 institutional investors held Innovator US Equity Buffer ETF April (BAPR) as of Q4 2025, up from 96 in Q3 2025.
- Funds reported $278M of Innovator US Equity Buffer ETF April stock for Q4 2025, up 13% quarter-over-quarter.
- 20 funds opened new Innovator US Equity Buffer ETF April positions in Q4 2025 and 6 closed out, a net change of +14 holders.
- The largest Innovator US Equity Buffer ETF April buyer in Q4 2025 was Lido Advisors, an estimated $104M added.
- The largest Innovator US Equity Buffer ETF April seller in Q4 2025 was Raymond James Financial, an estimated $2.61M sold.
Based on aggregated 13F filings for Q4 2025.