Innovator US Equity Buffer ETF December
BDEC
112 hedge funds and large institutions have $184M invested in Innovator US Equity Buffer ETF December in 2025 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 42 increasing their positions, 24 reducing their positions, and 9 closing their positions.
162% more capital inflows, than outflows
Capital inflows: $58M | Capital outflows: $22.1M
100% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 9
75% more repeat investments, than reductions
Existing positions increased: 42 | Existing positions reduced: 24
9% more funds holding
Funds holding: 103 → 112 (+9)
8.5% more ownership
Funds ownership: 68.6% → 77.09% (+8.5%)
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
|
+$27.4M |
| 2 |
Lido Advisors
Los Angeles,
California
|
+$6.04M |
| 3 |
Jane Street
New York
|
+$3.83M |
| 4 |
MPCL
My Personal CFO LLC
Vancouver,
Washington
|
+$3.62M |
| 5 |
BWM
BCS Wealth Management
Johnson City,
Tennessee
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$9.95M |
| 2 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$1.88M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.86M |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$1.67M |
| 5 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
-$1.44M |
BDEC Hedge Fund Activity: Q4 2025 in Review
112 of the 8,288 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF December (BDEC) for Q4 2025, worth a combined $184M — up 29% from $143M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BDEC positions and 9 closed out — a net gain of 9 holders — while 42 added to existing stakes and 24 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $27.4M. The largest seller was WealthPlan Investment Management, cutting an estimated $9.95M.
- 112 institutional investors held Innovator US Equity Buffer ETF December (BDEC) as of Q4 2025, up from 103 in Q3 2025.
- Funds reported $184M of Innovator US Equity Buffer ETF December stock for Q4 2025, up 29% quarter-over-quarter.
- 18 funds opened new Innovator US Equity Buffer ETF December positions in Q4 2025 and 9 closed out, a net change of +9 holders.
- The largest Innovator US Equity Buffer ETF December buyer in Q4 2025 was Brookstone Capital Management, an estimated $27.4M added.
- The largest Innovator US Equity Buffer ETF December seller in Q4 2025 was WealthPlan Investment Management, an estimated $9.95M sold.
Based on aggregated 13F filings for Q4 2025.