Innovator US Equity Buffer ETF August
BAUG
96 hedge funds and large institutions have $109M invested in Innovator US Equity Buffer ETF August in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 39 reducing their positions, and 7 closing their positions.
71% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 7
4% more funds holding
Funds holding: 92 → 96 (+4)
1.56% more ownership
Funds ownership: 66.18% → 67.74% (+1.6%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
51% less capital inflows, than outflows
Capital inflows: $9.39M | Capital outflows: $19M
72% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kestra Advisory Services
Austin,
Texas
|
+$2.79M |
| 2 |
Old Mission Capital
Chicago,
Illinois
|
+$1.04M |
| 3 |
Sunbelt Securities
Houston,
Texas
|
+$803K |
| 4 |
Stuart Chaussee & Associates
Palos Verdes Estates,
California
|
+$509K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$387K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$9.8M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.83M |
| 3 |
Penserra Capital Management
Orinda,
California
|
-$1.19M |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.03M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$715K |
BAUG Hedge Fund Activity: Q2 2025 in Review
96 of the 7,626 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF August (BAUG) for Q2 2025, worth a combined $109M — down 1.2% from $110M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new BAUG positions and 7 closed out — a net gain of 5 holders — while 11 added to existing stakes and 39 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $2.79M. The largest seller was Janney Montgomery Scott, cutting an estimated $9.8M.
- 96 institutional investors held Innovator US Equity Buffer ETF August (BAUG) as of Q2 2025, up from 92 in Q1 2025.
- Funds reported $109M of Innovator US Equity Buffer ETF August stock for Q2 2025, down 1.2% quarter-over-quarter.
- 12 funds opened new Innovator US Equity Buffer ETF August positions in Q2 2025 and 7 closed out, a net change of +5 holders.
- The largest Innovator US Equity Buffer ETF August buyer in Q2 2025 was Kestra Advisory Services, an estimated $2.79M added.
- The largest Innovator US Equity Buffer ETF August seller in Q2 2025 was Janney Montgomery Scott, an estimated $9.8M sold.
Based on aggregated 13F filings for Q2 2025.