Innovator US Small Cap Power Buffer ETF January
KJAN
122 hedge funds and large institutions have $198M invested in Innovator US Small Cap Power Buffer ETF January in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 19 increasing their positions, 53 reducing their positions, and 17 closing their positions.
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
3.55% more ownership
Funds ownership: 68.56% → 72.11% (+3.6%)
3% more funds holding
Funds holding: 118 → 122 (+4)
1% more capital invested
Capital invested by funds: $196M → $198M (+$1.74M)
64% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 53
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JFG
JDM Financial Group
Austin,
Texas
|
+$1.26M |
| 2 |
AIA
AssuredPartners Investment Advisors
Tampa,
Florida
|
+$1.11M |
| 3 |
BW
BIP Wealth
Atlanta,
Georgia
|
+$592K |
| 4 |
GS
GWN Securities
Palm Beach Gardens,
Florida
|
+$546K |
| 5 |
LPL Financial
San Diego,
California
|
+$497K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$2.84M |
| 2 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$2.02M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.9M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.54M |
| 5 |
IMC
Investment Management Corporation
Roanoke,
Virginia
|
-$1.36M |
KJAN Hedge Fund Activity: Q4 2025 in Review
122 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Innovator US Small Cap Power Buffer ETF January (KJAN) for Q4 2025, worth a combined $198M — up 0.89% from $196M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new KJAN positions and 17 closed out — a net gain of 5 holders — while 19 added to existing stakes and 53 trimmed.
The largest buyer was JDM Financial Group, opening a new position worth an estimated $1.26M. The largest seller was Raymond James Financial, cutting an estimated $2.84M.
- 122 institutional investors held Innovator US Small Cap Power Buffer ETF January (KJAN) as of Q4 2025, up from 118 in Q3 2025.
- Funds reported $198M of Innovator US Small Cap Power Buffer ETF January stock for Q4 2025, up 0.89% quarter-over-quarter.
- 22 funds opened new Innovator US Small Cap Power Buffer ETF January positions in Q4 2025 and 17 closed out, a net change of +5 holders.
- The largest Innovator US Small Cap Power Buffer ETF January buyer in Q4 2025 was JDM Financial Group, an estimated $1.26M added.
- The largest Innovator US Small Cap Power Buffer ETF January seller in Q4 2025 was Raymond James Financial, an estimated $2.84M sold.
Based on aggregated 13F filings for Q4 2025.