iShares Large Cap Max Buffer Dec ETF
DMAX
43 hedge funds and large institutions have $96.3M invested in iShares Large Cap Max Buffer Dec ETF in 2026 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 4 closing their positions.
350% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 4
175% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 4
55% more capital invested
Capital invested by funds: $62.1M → $96.3M (+$34.2M)
43% more funds holding
Funds holding: 30 → 43 (+13)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.88% less ownership
Funds ownership: 77.59% → 69.71% (-7.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JLBC
J.L. Bainbridge & Co
Sarasota,
Florida
|
+$18.2M |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$3.34M |
| 3 |
ATS
Ashton Thomas Securities
Rochester,
New York
|
+$2.64M |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$2.08M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BW
BIP Wealth
Atlanta,
Georgia
|
-$2.01M |
| 2 |
Morgan Stanley
New York
|
-$1.54M |
| 3 |
KIM
Kestra Investment Management
Austin,
Texas
|
-$322K |
| 4 |
EGWAG
Elwood & Goetz Wealth Advisory Group
Athens,
Georgia
|
-$232K |
| 5 |
GFG
Grantvest Financial Group
Matawan,
New Jersey
|
-$70.9K |
DMAX Hedge Fund Activity: Q1 2026 in Review
43 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in iShares Large Cap Max Buffer Dec ETF (DMAX) for Q1 2026, worth a combined $96.3M — up 55% from $62.1M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DMAX positions and 4 closed out — a net gain of 14 holders — while 11 added to existing stakes and 4 trimmed.
The largest buyer was J.L. Bainbridge & Co, opening a new position worth an estimated $18.2M. The largest seller was BIP Wealth, cutting an estimated $2.01M.
- 43 institutional investors held iShares Large Cap Max Buffer Dec ETF (DMAX) as of Q1 2026, up from 30 in Q4 2025.
- Funds reported $96.3M of iShares Large Cap Max Buffer Dec ETF stock for Q1 2026, up 55% quarter-over-quarter.
- 18 funds opened new iShares Large Cap Max Buffer Dec ETF positions in Q1 2026 and 4 closed out, a net change of +14 holders.
- The largest iShares Large Cap Max Buffer Dec ETF buyer in Q1 2026 was J.L. Bainbridge & Co, an estimated $18.2M added.
- The largest iShares Large Cap Max Buffer Dec ETF seller in Q1 2026 was BIP Wealth, an estimated $2.01M sold.
Based on aggregated 13F filings for Q1 2026.