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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
US Bancorp
Minneapolis,
Minnesota
| $2.17K | +$2.06K | +64 | New |
|
|
GTAM
77
Global Trust Asset Management
West Palm Beach,
Florida
| $880 | – | – | – |
|
|
DJSG
78
D.J. St. Germain
Springfield,
Massachusetts
| $102 | +$96 | +3 | New |
|
|
BMM
79
Berkshire Money Management
Dalton,
Massachusetts
| – | -$13.5M | -435,799 | Closed |
|
|
80
Citadel Advisors
Miami,
Florida
| – | -$776K | -24,982 | Closed |
|
|
KF
81
Krilogy Financial
St. Louis,
Missouri
| – | -$407K | -13,092 | Closed |
|
|
RA
82
RFG Advisory
Birmingham,
Alabama
| – | -$356K | -11,450 | Closed |
|
|
JWBC
83
John W. Brooker & Co
Oakland,
California
| – | -$280K | -9,020 | Closed |
|
84
Morgan Stanley
New York
| – | -$93.2K | -3,000 | Closed |
|
85
JP Morgan Chase
New York
| – | -$46.6K | -1,500 | Closed |
|
86
Fidelity Investments
Boston,
Massachusetts
| – | -$124 | -4 | Closed |
|
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.