Innovator International Developed Power Buffer ETF - May
IMAY
31 hedge funds and large institutions have $19.5M invested in Innovator International Developed Power Buffer ETF - May in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 12 reducing their positions, and 4 closing their positions.
1.22% less ownership
Funds ownership: 58% → 56.78% (-1.2%)
5% less capital invested
Capital invested by funds: $20.6M → $19.5M (-$1.11M)
6% less funds holding
Funds holding: 33 → 31 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
83% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$2.68M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$446K |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$54.1K |
| 4 |
OC
Optima Capital
Beaverton,
Oregon
|
+$21K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$3.03M |
| 2 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$523K |
| 3 |
AP
Americana Partners
Houston,
Texas
|
-$312K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$280K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$271K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFD
26
Creative Financial Designs
Kokomo,
Indiana
| $29.9K | – | – | – |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $29.6K | -$32.9K | -1,123 | -53% |
|
|
OC
28
Optima Capital
Beaverton,
Oregon
| $21.5K | +$21K | +718 | New |
|
|
JFG
29
JDM Financial Group
Austin,
Texas
| $10.9K | – | – | – |
|
|
PP
30
PFS Partners
Mine Hill,
New Jersey
| $9.12K | – | – | – |
|
31
JP Morgan Chase
New York
| $957 | -$11.7K | -400 | -93% |
|
|
32
Kovitz Investment Group Partners
Chicago,
Illinois
| – | -$3.03M | -104,413 | Closed |
|
|
AAS
33
Ameritas Advisory Services
Lincoln,
Nebraska
| – | -$523K | -18,000 | Closed |
|
|
34
Citadel Advisors
Miami,
Florida
| – | -$271K | -9,332 | Closed |
|
35
UBS Group
Zurich,
Switzerland
| – | -$5.81K | -200 | Closed |
|
IMAY Hedge Fund Activity: Q4 2025 in Review
31 of the 8,226 institutional investors tracked by Wall St. Rank reported a position in Innovator International Developed Power Buffer ETF - May (IMAY) for Q4 2025, worth a combined $19.5M — down 5.4% from $20.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of IMAY and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 2 added.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $2.68M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $3.03M sold.
- 31 institutional investors held Innovator International Developed Power Buffer ETF - May (IMAY) as of Q4 2025, down from 33 in Q3 2025.
- Funds reported $19.5M of Innovator International Developed Power Buffer ETF - May stock for Q4 2025, down 5.4% quarter-over-quarter.
- 2 funds opened new Innovator International Developed Power Buffer ETF - May positions in Q4 2025 and 4 closed out, a net change of -2 holders.
- The largest Innovator International Developed Power Buffer ETF - May buyer in Q4 2025 was Focus Partners Wealth, an estimated $2.68M added.
- The largest Innovator International Developed Power Buffer ETF - May seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $3.03M sold.
Based on aggregated 13F filings for Q4 2025.