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Innovator Laddered Allocation Buffer ETF
BUFB

84 hedge funds and large institutions have $152M invested in Innovator Laddered Allocation Buffer ETF in 2025 Q4 according to their latest regulatory filings, with 12 funds opening new positions, 34 increasing their positions, 24 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 4

42% more repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 24

11% more funds holding

Funds holding: 76 → 84 (+8)

0% more funds holding in top 10

Funds holding in top 10: 3 → 3 (0)

4% less capital invested

Capital invested by funds: $158M → $152M (-$6.93M)

2.35% less ownership

Funds ownership: 70.7% → 68.35% (-2.3%)

Holders
84
Holders Change
+8
Holders Change %
+10.53%
% of All Funds
1.02%
Holding in Top 10
3
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.04%
New
12
Increased
34
Reduced
24
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$5.34M
2
Rockefeller Capital Management
Rockefeller Capital Management
New York
+$3.32M
3
CAP
Columbia Advisory Partners
Washington
+$2.37M
4
GS
GWN Securities
Florida
+$1.52M
5
DWM
Diversify Wealth Management
Utah
+$1.19M

Top Sellers

1
CAAS
Capital Asset Advisory Services
Michigan
-$15.7M
2
AWM
Axxcess Wealth Management
California
-$15.7M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$966K
4
IWN
Independent Wealth Network
Iowa
-$779K
5
Citadel Advisors
Citadel Advisors
Florida
-$451K
Name Holding Trade Value Shares
Change 		Change in
Stake
LPL Financial
1
LPL Financial
California
$11.8M +$971K +26,936 +9%
HighTower Advisors
2
HighTower Advisors
Illinois
$10.1M +$799K +22,159 +9%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$8.11M +$873K +24,202 +12%
SF
4
Seros Financial
Arizona
$8.09M +$236K +6,538 +3%
GS
5
GWN Securities
Florida
$7.92M +$1.52M +42,267 +24%
CWM
6
Capital Wealth Management
Rhode Island
$7.01M +$719K +19,923 +12%
SPWG
7
Syntegra Private Wealth Group
Missouri
$6.93M +$362K +10,024 +6%
DWM
8
Diversify Wealth Management
Utah
$6.72M +$1.19M +32,954 +22%
Osaic Holdings
9
Osaic Holdings
Arizona
$6.47M -$320K -8,879 -5%
Commonwealth Equity Services
10
Commonwealth Equity Services
Massachusetts
$6.03M +$5.34M +148,020 +888%
Cetera Investment Advisers
11
Cetera Investment Advisers
Illinois
$5.21M +$314K +8,714 +7%
CAP
12
Columbia Advisory Partners
Washington
$5.19M +$2.37M +65,739 +87%
KWM
13
KFG Wealth Management
Indiana
$4.2M -$93.6K -2,596 -2%
Rockefeller Capital Management
14
Rockefeller Capital Management
New York
$3.38M +$3.32M +92,128 New
KCM
15
Kathmere Capital Management
Pennsylvania
$3.05M -$170K -4,723 -5%
WIA
16
World Investment Advisors
California
$2.85M +$283K +7,850 +11%
PS
17
Principal Securities
Iowa
$2.81M +$532K +14,747 +24%
NRI
18
NFP Retirement Inc
California
$2.78M +$86.5K +2,399 +3%
Cambridge Investment Research Advisors
19
Cambridge Investment Research Advisors
Iowa
$2.62M +$46.7K +1,295 +2%
HWMO
20
Heritage Wealth Management (Ohio)
Ohio
$2.52M +$716K +19,857 +41%
MFG
21
MTM Financial Group
Pennsylvania
$2.37M -$204K -5,657 -8%
OC
22
Optima Capital
Oregon
$2.24M +$12.3K +341 +0.6%
BFC
23
Bedel Financial Consulting
Indiana
$1.87M +$322K +8,932 +21%
Raymond James Financial
24
Raymond James Financial
Florida
$1.64M +$741K +20,556 +85%
DI
25
Diligent Investors
California
$1.53M -$29.4K -815 -2%
1
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BUFB Hedge Fund Activity: Q4 2025 in Review

84 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator Laddered Allocation Buffer ETF (BUFB) for Q4 2025, worth a combined $152M — down 4.4% from $158M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new BUFB positions and 4 closed out — a net gain of 8 holders — while 34 added to existing stakes and 24 trimmed.

The largest buyer was Commonwealth Equity Services, adding an estimated $5.34M. The largest seller was Capital Asset Advisory Services, cutting an estimated $15.7M.

  • 84 institutional investors held Innovator Laddered Allocation Buffer ETF (BUFB) as of Q4 2025, up from 76 in Q3 2025.
  • Funds reported $152M of Innovator Laddered Allocation Buffer ETF stock for Q4 2025, down 4.4% quarter-over-quarter.
  • 12 funds opened new Innovator Laddered Allocation Buffer ETF positions in Q4 2025 and 4 closed out, a net change of +8 holders.
  • The largest Innovator Laddered Allocation Buffer ETF buyer in Q4 2025 was Commonwealth Equity Services, an estimated $5.34M added.
  • The largest Innovator Laddered Allocation Buffer ETF seller in Q4 2025 was Capital Asset Advisory Services, an estimated $15.7M sold.

Based on aggregated 13F filings for Q4 2025.