Innovator US Equity Buffer ETF September
BSEP
99 hedge funds and large institutions have $134M invested in Innovator US Equity Buffer ETF September in 2026 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 11 increasing their positions, 42 reducing their positions, and 20 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8.91% less ownership
Funds ownership: 77.12% → 68.21% (-8.9%)
14% less funds holding
Funds holding: 115 → 99 (-16)
29% less capital invested
Capital invested by funds: $189M → $134M (-$54.5M)
74% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 42
75% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.05M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.63M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$842K |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$166K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$27.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.11M |
| 3 |
OWA
Outlook Wealth Advisors
Shenandoah,
Texas
|
-$4.18M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
-$2.13M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$1.96M |
BSEP Hedge Fund Activity: Q1 2026 in Review
99 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Buffer ETF September (BSEP) for Q1 2026, worth a combined $134M — down 29% from $189M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of BSEP and 5 opened new positions — a net loss of 15 holders — while 42 trimmed existing stakes and 11 added.
The largest buyer was Penserra Capital Management, adding an estimated $2.05M. The largest seller was Brookstone Capital Management, cutting an estimated $27.9M.
- 99 institutional investors held Innovator US Equity Buffer ETF September (BSEP) as of Q1 2026, down from 115 in Q4 2025.
- Funds reported $134M of Innovator US Equity Buffer ETF September stock for Q1 2026, down 29% quarter-over-quarter.
- 5 funds opened new Innovator US Equity Buffer ETF September positions in Q1 2026 and 20 closed out, a net change of -15 holders.
- The largest Innovator US Equity Buffer ETF September buyer in Q1 2026 was Penserra Capital Management, an estimated $2.05M added.
- The largest Innovator US Equity Buffer ETF September seller in Q1 2026 was Brookstone Capital Management, an estimated $27.9M sold.
Based on aggregated 13F filings for Q1 2026.