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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.54M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$899K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$392K |
| 4 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$266K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
-$13.5M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.14M |
| 3 |
MWM
Maltin Wealth Management
Ridgewood,
New Jersey
|
-$1M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$776K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$570K |
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.