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Innovator US Equity Buffer ETF March

98 hedge funds and large institutions have $115M invested in Innovator US Equity Buffer ETF March in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 38 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% less funds holding

Funds holding: 9998 (-1)

13% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 8

15.55% less ownership

Funds ownership: 73.36%57.81% (-16%)

27% less capital invested

Capital invested by funds: $159M → $115M (-$43.7M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

71% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 38

Holders
98
Holders Change
-1
Holders Change %
-1.01%
% of All Funds
1.29%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.01%
New
7
Increased
11
Reduced
38
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PCM
1
Penserra Capital Management
California
$18.6M +$216K +4,302 +1%
MIM
2
Macroview Investment Management
Maryland
$7.14M -$22.4K -446 -0.3%
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$6.5M -$453K -9,012 -7%
Osaic Holdings
4
Osaic Holdings
Arizona
$6.13M -$211K -4,199 -3%
HighTower Advisors
5
HighTower Advisors
Illinois
$5.19M +$467K +9,292 +10%
RPGK
6
Retirement Planning Group (Kansas)
Kansas
$4.71M -$12.4K -247 -0.3%
Cerity Partners
7
Cerity Partners
New York
$4.4M -$48.6K -967 -1%
VBFP
8
Valtinson Bruner Financial Planning
Minnesota
$4.01M
Raymond James Financial
9
Raymond James Financial
Florida
$3.24M +$315K +6,261 +11%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$2.93M -$81K -1,611 -3%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$2.16M -$63K -1,252 -3%
MSFS
12
Main Street Financial Solutions
Pennsylvania
$2.01M
BBPWM
13
Blue Bell Private Wealth Management
Pennsylvania
$1.92M -$35.8K -713 -2%
KAS
14
Kestra Advisory Services
Texas
$1.82M -$2M -39,703 -53%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$1.79M -$35.8K -713 -2%
FFA
16
Fragasso Financial Advisors
Pennsylvania
$1.79M
SWM
17
Spire Wealth Management
Virginia
$1.73M -$63.8K -1,268 -4%
Susquehanna International Group
18
Susquehanna International Group
Pennsylvania
$1.67M +$1.08M +21,547 +199%
BCM
19
Brookstone Capital Management
Illinois
$1.65M -$24.8M -492,970 -94%
IIA
20
Integral Investment Advisors
California
$1.57M +$99.3K +1,975 +7%
LPL Financial
21
LPL Financial
California
$1.57M -$14.8K -295 -1%
FCFC
22
First Commonwealth Financial Corp
Pennsylvania
$1.46M +$1.21K +24 +0.1%
LF
23
Lantz Financial
Illinois
$1.43M -$3.07K -61 -0.2%
SCA
24
Snowden Capital Advisors
New York
$1.4M
OMC
25
Old Mission Capital
Illinois
$1.22M +$1.19M +23,682 New

BMAR Hedge Fund Activity: Q3 2025 in Review

98 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF March (BMAR) for Q3 2025, worth a combined $115M — down 27% from $159M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of BMAR and 7 opened new positions — a net loss of 1 holder — while 38 trimmed existing stakes and 11 added.

The largest buyer was Old Mission Capital, opening a new position worth an estimated $1.19M. The largest seller was Brookstone Capital Management, cutting an estimated $24.8M.

  • 98 institutional investors held Innovator US Equity Buffer ETF March (BMAR) as of Q3 2025, down from 99 in Q2 2025.
  • Funds reported $115M of Innovator US Equity Buffer ETF March stock for Q3 2025, down 27% quarter-over-quarter.
  • 7 funds opened new Innovator US Equity Buffer ETF March positions in Q3 2025 and 8 closed out, a net change of -1 holder.
  • The largest Innovator US Equity Buffer ETF March buyer in Q3 2025 was Old Mission Capital, an estimated $1.19M added.
  • The largest Innovator US Equity Buffer ETF March seller in Q3 2025 was Brookstone Capital Management, an estimated $24.8M sold.

Based on aggregated 13F filings for Q3 2025.