Innovator U.S. Small Cap Power Buffer ETF - November
KNOV
23 hedge funds and large institutions have $12.3M invested in Innovator U.S. Small Cap Power Buffer ETF - November in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 4 closing their positions.
8% more capital invested
Capital invested by funds: $11.4M → $12.3M (+$930K)
4.44% more ownership
Funds ownership: 61.58% → 66.02% (+4.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less funds holding
Funds holding: 25 → 23 (-2)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$970K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$871K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$200K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$17.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
-$532K |
| 2 |
LC
Luminist Capital
Grand Rapids,
Michigan
|
-$479K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$422K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$263K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$106K |
KNOV Hedge Fund Activity: Q3 2025 in Review
23 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Power Buffer ETF - November (KNOV) for Q3 2025, worth a combined $12.3M — up 8.2% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of KNOV and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 2 added.
The largest buyer was Mercer Global Advisors, opening a new position worth an estimated $970K. The largest seller was Raymond James Financial, exiting entirely with an estimated $532K sold.
- 23 institutional investors held Innovator U.S. Small Cap Power Buffer ETF - November (KNOV) as of Q3 2025, down from 25 in Q2 2025.
- Funds reported $12.3M of Innovator U.S. Small Cap Power Buffer ETF - November stock for Q3 2025, up 8.2% quarter-over-quarter.
- 3 funds opened new Innovator U.S. Small Cap Power Buffer ETF - November positions in Q3 2025 and 4 closed out, a net change of -1 holder.
- The largest Innovator U.S. Small Cap Power Buffer ETF - November buyer in Q3 2025 was Mercer Global Advisors, an estimated $970K added.
- The largest Innovator U.S. Small Cap Power Buffer ETF - November seller in Q3 2025 was Raymond James Financial, an estimated $532K sold.
Based on aggregated 13F filings for Q3 2025.