Innovator U.S. Small Cap Power Buffer ETF - August
KAUG
36 hedge funds and large institutions have $80.4M invested in Innovator U.S. Small Cap Power Buffer ETF - August in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 14 reducing their positions, and 6 closing their positions.
7.71% more ownership
Funds ownership: 72.95% → 80.66% (+7.7%)
7% more capital invested
Capital invested by funds: $74.8M → $80.4M (+$5.59M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 39 → 36 (-3)
29% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 14
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
+$8.06M |
| 2 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$3.81M |
| 3 |
SAG
SageView Advisory Group
Newport Beach,
California
|
+$644K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$514K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$609K |
| 2 |
PCS
Private Client Services
Louisville,
Kentucky
|
-$466K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$444K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$442K |
| 5 |
Jane Street
New York
|
-$380K |
KAUG Hedge Fund Activity: Q1 2025 in Review
36 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) for Q1 2025, worth a combined $80.4M — up 7.5% from $74.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KAUG and 4 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 10 added.
The largest buyer was Berkshire Money Management, adding an estimated $8.06M. The largest seller was Stephens Inc, exiting entirely with an estimated $609K sold.
- 36 institutional investors held Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) as of Q1 2025, down from 39 in Q4 2024.
- Funds reported $80.4M of Innovator U.S. Small Cap Power Buffer ETF - August stock for Q1 2025, up 7.5% quarter-over-quarter.
- 4 funds opened new Innovator U.S. Small Cap Power Buffer ETF - August positions in Q1 2025 and 6 closed out, a net change of -2 holders.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August buyer in Q1 2025 was Berkshire Money Management, an estimated $8.06M added.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August seller in Q1 2025 was Stephens Inc, an estimated $609K sold.
Based on aggregated 13F filings for Q1 2025.