Innovator US Equity Buffer ETF December
BDEC
111 hedge funds and large institutions have $175M invested in Innovator US Equity Buffer ETF December in 2026 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 34 reducing their positions, and 12 closing their positions.
8% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 12
0% more funds holding
Funds holding: 111 → 111 (0)
0.46% less ownership
Funds ownership: 76.51% → 76.04% (-0.46%)
4% less capital invested
Capital invested by funds: $183M → $175M (-$8.11M)
44% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$2.4M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.07M |
| 3 |
Cerity Partners
New York
|
+$1.86M |
| 4 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$600K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$488K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.64M |
| 3 |
BWM
BCS Wealth Management
Johnson City,
Tennessee
|
-$1.38M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.37M |
| 5 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$1.28M |
BDEC Hedge Fund Activity: Q1 2026 in Review
111 of the 8,172 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF December (BDEC) for Q1 2026, worth a combined $175M — down 4.4% from $183M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new BDEC positions and 12 closed out — a net gain of 1 holder — while 19 added to existing stakes and 34 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $2.4M. The largest seller was Jane Street, exiting entirely with an estimated $3.9M sold.
- 111 institutional investors held Innovator US Equity Buffer ETF December (BDEC) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $175M of Innovator US Equity Buffer ETF December stock for Q1 2026, down 4.4% quarter-over-quarter.
- 13 funds opened new Innovator US Equity Buffer ETF December positions in Q1 2026 and 12 closed out, a net change of +1 holder.
- The largest Innovator US Equity Buffer ETF December buyer in Q1 2026 was Brookstone Capital Management, an estimated $2.4M added.
- The largest Innovator US Equity Buffer ETF December seller in Q1 2026 was Jane Street, an estimated $3.9M sold.
Based on aggregated 13F filings for Q1 2026.