Innovator US Equity Buffer ETF May
BMAY
77 hedge funds and large institutions have $87.5M invested in Innovator US Equity Buffer ETF May in 2025 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 33 reducing their positions, and 11 closing their positions.
3.02% more ownership
Funds ownership: 68.16% → 71.19% (+3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital invested
Capital invested by funds: $90.1M → $87.5M (-$2.6M)
7% less funds holding
Funds holding: 83 → 77 (-6)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
76% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.64M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.14M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.02M |
| 4 |
GS
GWN Securities
Palm Beach Gardens,
Florida
|
+$563K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$440K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.16M |
| 2 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$943K |
| 3 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$659K |
| 4 |
Goldman Sachs
New York
|
-$604K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$397K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GTAM
76
Global Trust Asset Management
West Palm Beach,
Florida
| $1.03K | – | – | – |
|
77
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $317 | +$325 | +8 | New |
|
|
SB
78
Strategic Blueprint
Atlanta,
Georgia
| – | -$943K | -23,389 | Closed |
|
|
CFA
79
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$659K | -16,343 | Closed |
|
|
80
Goldman Sachs
New York
| – | -$604K | -14,976 | Closed |
|
|
81
Citadel Advisors
Miami,
Florida
| – | -$397K | -9,857 | Closed |
|
|
PWMG
82
Pinnacle Wealth Management Group
Plymouth,
Michigan
| – | -$372K | -9,220 | Closed |
|
|
JWBC
83
John W. Brooker & Co
Oakland,
California
| – | -$357K | -8,850 | Closed |
|
|
AAS
84
Avantax Advisory Services
Dallas,
Texas
| – | -$305K | -7,558 | Closed |
|
|
PFA
85
Pathway Financial Advisors
South Burlington,
Vermont
| – | -$267K | -6,620 | Closed |
|
|
PIAS
86
PCA Investment Advisory Services
Cincinnati,
Ohio
| – | -$246K | -6,102 | Closed |
|
|
FA
87
FSA Advisors
Troy,
Michigan
| – | -$202K | -5,127 | Closed |
|
|
CP
88
Castleview Partners
Dallas,
Texas
| – | -$37.5K | -930 | Closed |
|
BMAY Hedge Fund Activity: Q1 2025 in Review
77 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF May (BMAY) for Q1 2025, worth a combined $87.5M — down 2.9% from $90.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BMAY and 6 opened new positions — a net loss of 5 holders — while 33 trimmed existing stakes and 8 added.
The largest buyer was Penserra Capital Management, adding an estimated $2.64M. The largest seller was Osaic Holdings, cutting an estimated $1.16M.
- 77 institutional investors held Innovator US Equity Buffer ETF May (BMAY) as of Q1 2025, down from 83 in Q4 2024.
- Funds reported $87.5M of Innovator US Equity Buffer ETF May stock for Q1 2025, down 2.9% quarter-over-quarter.
- 6 funds opened new Innovator US Equity Buffer ETF May positions in Q1 2025 and 11 closed out, a net change of -5 holders.
- The largest Innovator US Equity Buffer ETF May buyer in Q1 2025 was Penserra Capital Management, an estimated $2.64M added.
- The largest Innovator US Equity Buffer ETF May seller in Q1 2025 was Osaic Holdings, an estimated $1.16M sold.
Based on aggregated 13F filings for Q1 2025.