Innovator U.S. Small Cap Power Buffer ETF - August
KAUG
39 hedge funds and large institutions have $107M invested in Innovator U.S. Small Cap Power Buffer ETF - August in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 6 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
183% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 6
18% more funds holding
Funds holding: 33 → 39 (+6)
17% more capital invested
Capital invested by funds: $91.7M → $107M (+$15.4M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.15% less ownership
Funds ownership: 84.29% → 83.15% (-1.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$11.8M |
| 2 |
SAG
SageView Advisory Group
Newport Beach,
California
|
+$2.48M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$779K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
+$723K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.95M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$253K |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$157K |
| 4 |
WTFG
Wood Tarver Financial Group
Boise,
Idaho
|
-$108K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$62.8K |
KAUG Hedge Fund Activity: Q3 2025 in Review
39 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) for Q3 2025, worth a combined $107M — up 17% from $91.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new KAUG positions and 3 closed out — a net gain of 6 holders — while 17 added to existing stakes and 6 trimmed.
The largest buyer was Gradient Investments, opening a new position worth an estimated $11.8M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $7.95M sold.
- 39 institutional investors held Innovator U.S. Small Cap Power Buffer ETF - August (KAUG) as of Q3 2025, up from 33 in Q2 2025.
- Funds reported $107M of Innovator U.S. Small Cap Power Buffer ETF - August stock for Q3 2025, up 17% quarter-over-quarter.
- 9 funds opened new Innovator U.S. Small Cap Power Buffer ETF - August positions in Q3 2025 and 3 closed out, a net change of +6 holders.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August buyer in Q3 2025 was Gradient Investments, an estimated $11.8M added.
- The largest Innovator U.S. Small Cap Power Buffer ETF - August seller in Q3 2025 was Susquehanna International Group, an estimated $7.95M sold.
Based on aggregated 13F filings for Q3 2025.