Innovator US Equity Buffer ETF November
BNOV
83 hedge funds and large institutions have $116M invested in Innovator US Equity Buffer ETF November in 2025 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 28 reducing their positions, and 9 closing their positions.
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 84 → 83 (-1)
2.1% less ownership
Funds ownership: 77.7% → 75.61% (-2.1%)
10% less capital invested
Capital invested by funds: $129M → $116M (-$13M)
50% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.66M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$1.75M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$867K |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$798K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$378K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
WealthPlan Investment Management
Omaha,
Nebraska
|
-$6.68M |
| 2 |
WP
WealthPLAN Partners
Omaha,
Nebraska
|
-$3.86M |
| 3 |
GAA
Global Assets Advisory
Orlando,
Florida
|
-$3.35M |
| 4 |
VBFP
Valtinson Bruner Financial Planning
New Brighton,
Minnesota
|
-$725K |
| 5 |
KF
Krilogy Financial
St. Louis,
Missouri
|
-$479K |
BNOV Hedge Fund Activity: Q1 2025 in Review
83 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF November (BNOV) for Q1 2025, worth a combined $116M — down 10% from $129M a quarter earlier.
Fund positioning in BNOV was balanced in Q1 2025: 9 funds opened new positions, 9 closed out, 14 added to existing stakes and 28 trimmed.
The largest buyer was Penserra Capital Management, adding an estimated $2.66M. The largest seller was WealthPlan Investment Management, exiting entirely with an estimated $6.68M sold.
- 83 institutional investors held Innovator US Equity Buffer ETF November (BNOV) as of Q1 2025, down from 84 in Q4 2024.
- Funds reported $116M of Innovator US Equity Buffer ETF November stock for Q1 2025, down 10% quarter-over-quarter.
- 9 funds opened new Innovator US Equity Buffer ETF November positions in Q1 2025 and 9 closed out, a net change of 0 holders.
- The largest Innovator US Equity Buffer ETF November buyer in Q1 2025 was Penserra Capital Management, an estimated $2.66M added.
- The largest Innovator US Equity Buffer ETF November seller in Q1 2025 was WealthPlan Investment Management, an estimated $6.68M sold.
Based on aggregated 13F filings for Q1 2025.