Innovator US Small Cap Power Buffer ETF January
KJAN
120 hedge funds and large institutions have $199M invested in Innovator US Small Cap Power Buffer ETF January in 2025 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 34 increasing their positions, 44 reducing their positions, and 15 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
2.17% less ownership
Funds ownership: 71.33% → 69.16% (-2.2%)
7% less funds holding
Funds holding: 129 → 120 (-9)
12% less capital invested
Capital invested by funds: $227M → $199M (-$27.5M)
23% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 44
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LIWM
Long Island Wealth Management
Melville,
New York
|
+$4.96M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.88M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$2.08M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.86M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
+$724K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$15.4M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$10M |
| 3 |
CSP
Cary Street Partners
Richmond,
Virginia
|
-$4.25M |
| 4 |
MW
MBL Wealth
Charlotte,
North Carolina
|
-$3.95M |
| 5 |
BMM
Berkshire Money Management
Dalton,
Massachusetts
|
-$3.47M |
KJAN Hedge Fund Activity: Q2 2025 in Review
120 of the 7,614 institutional investors tracked by Wall St. Rank reported a position in Innovator US Small Cap Power Buffer ETF January (KJAN) for Q2 2025, worth a combined $199M — down 12% from $227M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of KJAN and 7 opened new positions — a net loss of 8 holders — while 44 trimmed existing stakes and 34 added.
The largest buyer was Long Island Wealth Management, adding an estimated $4.96M. The largest seller was Stephens Inc, exiting entirely with an estimated $15.4M sold.
- 120 institutional investors held Innovator US Small Cap Power Buffer ETF January (KJAN) as of Q2 2025, down from 129 in Q1 2025.
- Funds reported $199M of Innovator US Small Cap Power Buffer ETF January stock for Q2 2025, down 12% quarter-over-quarter.
- 7 funds opened new Innovator US Small Cap Power Buffer ETF January positions in Q2 2025 and 15 closed out, a net change of -8 holders.
- The largest Innovator US Small Cap Power Buffer ETF January buyer in Q2 2025 was Long Island Wealth Management, an estimated $4.96M added.
- The largest Innovator US Small Cap Power Buffer ETF January seller in Q2 2025 was Stephens Inc, an estimated $15.4M sold.
Based on aggregated 13F filings for Q2 2025.