Innovator U.S. Small Cap Power Buffer ETF - August
KAUG
33 hedge funds and large institutions have $91.7M invested in Innovator U.S. Small Cap Power Buffer ETF - August in 2025 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 6 closing their positions.
14% more capital invested
Capital invested by funds: $80.4M → $91.7M (+$11.2M)
3.15% more ownership
Funds ownership: 80.66% → 83.81% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
8% less funds holding
Funds holding: 36 → 33 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.01M |
| 2 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
+$1.54M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.05M |
| 4 |
FHC
First Heartland Consultants
Lake St. Louis,
Missouri
|
+$378K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCS
Private Client Services
Louisville,
Kentucky
|
-$471K |
| 2 |
CWG
Crown Wealth Group
Charlotte,
North Carolina
|
-$266K |
| 3 |
EWM
Elmwood Wealth Management
Berkeley,
California
|
-$221K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$211K |
| 5 |
JP Morgan Chase
New York
|
-$172K |
KAUG Hedge Fund Activity: Q2 2025 in Review
33 of the 7,616 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) for Q2 2025, worth a combined $91.7M — up 14% from $80.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of KAUG and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $6.01M. The largest seller was Private Client Services, exiting entirely with an estimated $471K sold.
- 33 institutional investors held Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) as of Q2 2025, down from 36 in Q1 2025.
- Funds reported $91.7M of Innovator U.S. Small Cap Power Buffer ETF - August stock for Q2 2025, up 14% quarter-over-quarter.
- 4 funds opened new Innovator U.S. Small Cap Power Buffer ETF - August positions in Q2 2025 and 6 closed out, a net change of -2 holders.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August buyer in Q2 2025 was Susquehanna International Group, an estimated $6.01M added.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August seller in Q2 2025 was Private Client Services, an estimated $471K sold.
Based on aggregated 13F filings for Q2 2025.