Innovator US Equity Buffer ETF May
BMAY
84 hedge funds and large institutions have $101M invested in Innovator US Equity Buffer ETF May in 2026 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 5 increasing their positions, 38 reducing their positions, and 8 closing their positions.
3.9% more ownership
Funds ownership: 67.92% → 71.82% (+3.9%)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
2% less capital invested
Capital invested by funds: $103M → $101M (-$1.99M)
2% less funds holding
Funds holding: 86 → 84 (-2)
87% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.05M |
| 3 |
Goldman Sachs
New York
|
+$1.02M |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$955K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$929K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CWM
Collaborative Wealth Management
Lake Mary,
Florida
|
-$1.82M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.38M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$758K |
| 4 |
IA
Integrity Alliance
Urbandale,
Iowa
|
-$627K |
| 5 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
-$575K |
BMAY Hedge Fund Activity: Q1 2026 in Review
84 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF May (BMAY) for Q1 2026, worth a combined $101M — down 1.9% from $103M a quarter earlier.
Fund positioning in BMAY was balanced in Q1 2026: 8 funds opened new positions, 8 closed out, 5 added to existing stakes and 38 trimmed.
The largest buyer was Penserra Capital Management, adding an estimated $2.05M. The largest seller was Collaborative Wealth Management, exiting entirely with an estimated $1.82M sold.
- 84 institutional investors held Innovator US Equity Buffer ETF May (BMAY) as of Q1 2026, down from 86 in Q4 2025.
- Funds reported $101M of Innovator US Equity Buffer ETF May stock for Q1 2026, down 1.9% quarter-over-quarter.
- 8 funds opened new Innovator US Equity Buffer ETF May positions in Q1 2026 and 8 closed out, a net change of 0 holders.
- The largest Innovator US Equity Buffer ETF May buyer in Q1 2026 was Penserra Capital Management, an estimated $2.05M added.
- The largest Innovator US Equity Buffer ETF May seller in Q1 2026 was Collaborative Wealth Management, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2026.