Innovator US Equity Buffer ETF August
BAUG
107 hedge funds and large institutions have $158M invested in Innovator US Equity Buffer ETF August in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 42 reducing their positions, and 7 closing their positions.
114% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 7
13% more capital inflows, than outflows
Capital inflows: $11.6M | Capital outflows: $10.3M
8% more funds holding
Funds holding: 99 → 107 (+8)
2.58% more ownership
Funds ownership: 69.61% → 72.19% (+2.6%)
57% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 42
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.69M |
| 2 |
BCS Wealth Management
Johnson City,
Tennessee
|
+$821K |
| 3 |
Arax Advisory Partners
Denver,
Colorado
|
+$630K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$584K |
| 5 |
Lido Advisors
Los Angeles,
California
|
+$527K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.91M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.42M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.41M |
| 4 |
Penserra Capital Management
Orinda,
California
|
-$849K |
| 5 |
Jane Street
New York
|
-$812K |
BAUG Hedge Fund Activity: Q4 2025 in Review
107 of the 8,294 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF August (BAUG) for Q4 2025, worth a combined $158M — up 3.1% from $153M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new BAUG positions and 7 closed out — a net gain of 8 holders — while 18 added to existing stakes and 42 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $1.69M. The largest seller was Envestnet Asset Management, cutting an estimated $1.91M.
- 107 institutional investors held Innovator US Equity Buffer ETF August (BAUG) as of Q4 2025, up from 99 in Q3 2025.
- Funds reported $158M of Innovator US Equity Buffer ETF August stock for Q4 2025, up 3.1% quarter-over-quarter.
- 15 funds opened new Innovator US Equity Buffer ETF August positions in Q4 2025 and 7 closed out, a net change of +8 holders.
- The largest Innovator US Equity Buffer ETF August buyer in Q4 2025 was Brookstone Capital Management, an estimated $1.69M added.
- The largest Innovator US Equity Buffer ETF August seller in Q4 2025 was Envestnet Asset Management, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2025.