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Innovator US Small Cap Power Buffer ETF January

121 hedge funds and large institutions have $197M 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 16 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

38% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 16

4% more funds holding

Funds holding: 116121 (+5)

3.61% more ownership

Funds ownership: 68.29%71.9% (+3.6%)

1% more capital invested

Capital invested by funds: $195M → $197M (+$1.95M)

64% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 53

Holders
121
Holders Change
+5
Holders Change %
+4.31%
% of All Funds
1.47%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.06%
New
22
Increased
19
Reduced
53
Closed
16
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PP
1
PFS Partners
New Jersey
$21M -$129K -3,150 -0.6%
LIWM
2
Long Island Wealth Management
New York
$18M +$181K +4,413 +1%
CAG
3
Compass Advisory Group
New York
$11.7M +$102K +2,477 +0.9%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$10.2M -$268K -6,533 -3%
Osaic Holdings
5
Osaic Holdings
Arizona
$10.1M -$614K -14,952 -6%
MW
6
MBL Wealth
North Carolina
$8.92M +$34.2K +833 +0.4%
BMM
7
Berkshire Money Management
Massachusetts
$6.19M -$178K -4,343 -3%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$6.11M -$703K -17,133 -10%
William Blair & Company
9
William Blair & Company
Illinois
$5.03M +$123K +3,000 +3%
PS
10
Principal Securities
Iowa
$4.8M -$61.5K -1,499 -1%
BWS
11
BFI Wealth Solutions
Texas
$4.6M +$4.56M +111,045 New
LPL Financial
12
LPL Financial
California
$4.34M +$497K +12,117 +13%
KAS
13
Kestra Advisory Services
Texas
$4.28M -$77.3K -1,883 -2%
Wealth Enhancement Advisory Services
14
Wealth Enhancement Advisory Services
Minnesota
$3.97M -$71.9K -1,751 -2%
AF
15
Advisornet Financial
Minnesota
$3.71M -$433K -10,544 -11%
SG
16
Sherry Group
Arkansas
$3.37M +$3.31M +80,742 New
BCM
17
Brookstone Capital Management
Illinois
$3.15M -$193K -4,706 -6%
Raymond James Financial
18
Raymond James Financial
Florida
$3.04M -$2.84M -69,214 -49%
HighTower Advisors
19
HighTower Advisors
Illinois
$2.97M -$15.9K -387 -0.5%
PCA
20
Pallas Capital Advisors
Massachusetts
$2.88M -$38.8K -944 -1%
SS
21
Sunbelt Securities
Texas
$2.59M -$215K -5,233 -8%
IMC
22
Investment Management Corporation
Virginia
$2.13M -$1.36M -33,034 -39%
Cambridge Investment Research Advisors
23
Cambridge Investment Research Advisors
Iowa
$2.11M -$144K -3,515 -6%
Truist Financial
24
Truist Financial
North Carolina
$1.87M -$40.2K -979 -2%
WTFG
25
Wood Tarver Financial Group
Idaho
$1.81M -$256K -6,243 -12%

KJAN Hedge Fund Activity: Q4 2025 in Review

121 of the 8,223 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 $197M — up 1% from $195M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new KJAN positions and 16 closed out — a net gain of 6 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.

  • 121 institutional investors held Innovator US Small Cap Power Buffer ETF January (KJAN) as of Q4 2025, up from 116 in Q3 2025.
  • Funds reported $197M of Innovator US Small Cap Power Buffer ETF January stock for Q4 2025, up 1% quarter-over-quarter.
  • 22 funds opened new Innovator US Small Cap Power Buffer ETF January positions in Q4 2025 and 16 closed out, a net change of +6 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.