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Innovator US Equity Buffer ETF May
BMAY

78 hedge funds and large institutions have $79.6M invested in Innovator US Equity Buffer ETF May in 2023 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 39 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

3% more funds holding

Funds holding: 76 → 78 (+2)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

0.15% less ownership

Funds ownership: 69.22% → 69.08% (-0.15%)

13% less capital invested

Capital invested by funds: $91M → $79.6M (-$11.4M)

85% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 39

Holders
78
Holders Change
+2
Holders Change %
+2.63%
% of All Funds
1.14%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
11
Increased
6
Reduced
39
Closed
8
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Janney Montgomery Scott
Janney Montgomery Scott
Pennsylvania
+$1.54M
2
PCM
Penserra Capital Management
California
+$899K
3
AWA
Arete Wealth Advisors
Illinois
+$392K
4
KWM
Kingsview Wealth Management
Oregon
+$266K
5
KAS
Kestra Advisory Services
Texas
+$233K

Top Sellers

Rank Fund Capital Flow
1
BMM
Berkshire Money Management
Massachusetts
-$13.5M
2
Osaic Holdings
Osaic Holdings
Arizona
-$2.14M
3
MWM
Maltin Wealth Management
New Jersey
-$1M
4
Citadel Advisors
Citadel Advisors
Florida
-$776K
5
OMC
Old Mission Capital
Illinois
-$570K
Name Holding Trade Value Shares
Change 		Change in
Stake
KWM
26
KFG Wealth Management
Indiana
$919K -$37.3K -1,162 -4%
KAS
27
Kestra Advisory Services
Texas
$909K +$233K +7,264 +37%
IIA
28
Integral Investment Advisors
California
$846K – – –
OMC
29
Old Mission Capital
Illinois
$832K -$570K -17,742 -42%
SCA
30
Snowden Capital Advisors
New York
$756K – – –
BWM
31
BCS Wealth Management
Tennessee
$751K -$173K -5,371 -19%
OWA
32
Outlook Wealth Advisors
Texas
$733K – – –
DFA
33
DHJJ Financial Advisors
Illinois
$682K -$39.8K -1,238 -6%
CA
34
CoreCap Advisors
Michigan
$619K +$31.3K +973 +6%
WCM
35
Weaver Capital Management
Georgia
$567K +$538K +16,736 New
MWM
36
Maltin Wealth Management
New Jersey
$545K -$1M -31,135 -66%
FFA
37
Fragasso Financial Advisors
Pennsylvania
$503K -$21.6K -673 -4%
GCP
38
Gill Capital Partners
Colorado
$502K – – –
SWA
39
Stratos Wealth Advisors
Ohio
$478K – – –
PWMG
40
Pinnacle Wealth Management Group
Michigan
$456K – – –
AFGAS
41
Allegiance Financial Group Advisory Services
Virginia
$444K – – –
RGF
42
Retirement Guys Formula
Ohio
$442K – – –
BCM
43
Brookstone Capital Management
Illinois
$421K -$90.1K -2,804 -18%
AWA
44
Arete Wealth Advisors
Illinois
$413K +$392K +12,198 New
AAP
45
Arax Advisory Partners
Colorado
$403K -$37.7K -1,174 -9%
BPA
46
Beacon Pointe Advisors
California
$365K -$78.7K -2,451 -19%
KCM
47
Kathmere Capital Management
Pennsylvania
$364K -$2.15K -67 -0.6%
SWM
48
Spire Wealth Management
Virginia
$341K +$32 +1 +0%
TC
49
TownSquare Capital
Utah
$337K -$159K -4,955 -33%
BA
50
Bluesphere Advisors
Pennsylvania
$330K -$4.3K -134 -1%
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BMAY Hedge Fund Activity: Q4 2023 in Review

78 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF May (BMAY) for Q4 2023, worth a combined $79.6M — down 13% from $91M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new BMAY positions and 8 closed out — a net gain of 3 holders — while 6 added to existing stakes and 39 trimmed.

The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $1.54M. The largest seller was Berkshire Money Management, exiting entirely with an estimated $13.5M sold.

  • 78 institutional investors held Innovator US Equity Buffer ETF May (BMAY) as of Q4 2023, up from 76 in Q3 2023.
  • Funds reported $79.6M of Innovator US Equity Buffer ETF May stock for Q4 2023, down 13% quarter-over-quarter.
  • 11 funds opened new Innovator US Equity Buffer ETF May positions in Q4 2023 and 8 closed out, a net change of +3 holders.
  • The largest Innovator US Equity Buffer ETF May buyer in Q4 2023 was Janney Montgomery Scott, an estimated $1.54M added.
  • The largest Innovator US Equity Buffer ETF May seller in Q4 2023 was Berkshire Money Management, an estimated $13.5M sold.

Based on aggregated 13F filings for Q4 2023.