Innovator US Equity Buffer ETF December
BDEC
99 hedge funds and large institutions have $149M invested in Innovator US Equity Buffer ETF December in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 22 increasing their positions, 36 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more capital invested
Capital invested by funds: $140M → $149M (+$8.69M)
2.68% more ownership
Funds ownership: 67.2% → 69.88% (+2.7%)
2% more funds holding
Funds holding: 97 → 99 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
39% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$2.36M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.8M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.55M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$547K |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$422K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GWN Securities
Palm Beach Gardens,
Florida
|
-$4.35M |
| 2 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$1.02M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$986K |
| 4 |
PCM
Penserra Capital Management
Orinda,
California
|
-$848K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$636K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWP
101
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$355K | -8,490 | Closed |
|
|
CA
102
Continuum Advisory
Eagle,
Idaho
| – | -$31K | -741 | Closed |
|
103
Bank of America
Charlotte,
North Carolina
| – | -$21.8K | -521 | Closed |
|
BDEC Hedge Fund Activity: Q2 2025 in Review
99 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF December (BDEC) for Q2 2025, worth a combined $149M — up 6.2% from $140M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BDEC positions and 4 closed out — a net gain of 3 holders — while 22 added to existing stakes and 36 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $2.36M. The largest seller was GWN Securities, cutting an estimated $4.35M.
- 99 institutional investors held Innovator US Equity Buffer ETF December (BDEC) as of Q2 2025, up from 97 in Q1 2025.
- Funds reported $149M of Innovator US Equity Buffer ETF December stock for Q2 2025, up 6.2% quarter-over-quarter.
- 7 funds opened new Innovator US Equity Buffer ETF December positions in Q2 2025 and 4 closed out, a net change of +3 holders.
- The largest Innovator US Equity Buffer ETF December buyer in Q2 2025 was Raymond James Financial, an estimated $2.36M added.
- The largest Innovator US Equity Buffer ETF December seller in Q2 2025 was GWN Securities, an estimated $4.35M sold.
Based on aggregated 13F filings for Q2 2025.