Innovator US Equity Buffer ETF December
BDEC
97 hedge funds and large institutions have $140M invested in Innovator US Equity Buffer ETF December in 2025 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 32 increasing their positions, 29 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 29
4% more funds holding
Funds holding: 93 → 97 (+4)
43% less capital invested
Capital invested by funds: $245M → $140M (-$105M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60.42% less ownership
Funds ownership: 127.61% → 67.2% (-60%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GWN Securities
Palm Beach Gardens,
Florida
|
+$4.37M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.58M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$2.41M |
| 4 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
+$1.09M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCA
Stuart Chaussee & Associates
Palos Verdes Estates,
California
|
-$113M |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
-$656K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$521K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$436K |
| 5 |
IIA
Integral Investment Advisors
Turlock,
California
|
-$311K |
BDEC Hedge Fund Activity: Q1 2025 in Review
97 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF December (BDEC) for Q1 2025, worth a combined $140M — down 43% from $245M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new BDEC positions and 5 closed out — a net gain of 5 holders — while 32 added to existing stakes and 29 trimmed.
The largest buyer was GWN Securities, adding an estimated $4.37M. The largest seller was Stuart Chaussee & Associates, cutting an estimated $113M.
- 97 institutional investors held Innovator US Equity Buffer ETF December (BDEC) as of Q1 2025, up from 93 in Q4 2024.
- Funds reported $140M of Innovator US Equity Buffer ETF December stock for Q1 2025, down 43% quarter-over-quarter.
- 10 funds opened new Innovator US Equity Buffer ETF December positions in Q1 2025 and 5 closed out, a net change of +5 holders.
- The largest Innovator US Equity Buffer ETF December buyer in Q1 2025 was GWN Securities, an estimated $4.37M added.
- The largest Innovator US Equity Buffer ETF December seller in Q1 2025 was Stuart Chaussee & Associates, an estimated $113M sold.
Based on aggregated 13F filings for Q1 2025.