Innovator U.S. Small Cap Power Buffer ETF - September
KSEP
37 hedge funds and large institutions have $42.7M invested in Innovator U.S. Small Cap Power Buffer ETF - September in 2025 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
83% more capital invested
Capital invested by funds: $23.4M → $42.7M (+$19.3M)
16% more funds holding
Funds holding: 32 → 37 (+5)
9.63% more ownership
Funds ownership: 66.92% → 76.55% (+9.6%)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$27M |
| 2 |
HF
HRT Financial
New York
|
+$699K |
| 3 |
Goldman Sachs
New York
|
+$270K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$236K |
| 5 |
VWA
Visionary Wealth Advisors
O'fallon,
Illinois
|
+$212K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.36M |
| 2 |
LC
Luminist Capital
Grand Rapids,
Michigan
|
-$1.92M |
| 3 |
SC
Syon Capital
San Francisco,
California
|
-$731K |
| 4 |
CA
CoreCap Advisors
Southfield,
Michigan
|
-$601K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$474K |
KSEP Hedge Fund Activity: Q4 2025 in Review
37 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Power Buffer ETF - September (KSEP) for Q4 2025, worth a combined $42.7M — up 83% from $23.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new KSEP positions and 6 closed out — a net gain of 5 holders — while 4 added to existing stakes and 7 trimmed.
The largest buyer was Allworth Financial, opening a new position worth an estimated $27M. The largest seller was Susquehanna International Group, cutting an estimated $6.36M.
- 37 institutional investors held Innovator U.S. Small Cap Power Buffer ETF - September (KSEP) as of Q4 2025, up from 32 in Q3 2025.
- Funds reported $42.7M of Innovator U.S. Small Cap Power Buffer ETF - September stock for Q4 2025, up 83% quarter-over-quarter.
- 11 funds opened new Innovator U.S. Small Cap Power Buffer ETF - September positions in Q4 2025 and 6 closed out, a net change of +5 holders.
- The largest Innovator U.S. Small Cap Power Buffer ETF - September buyer in Q4 2025 was Allworth Financial, an estimated $27M added.
- The largest Innovator U.S. Small Cap Power Buffer ETF - September seller in Q4 2025 was Susquehanna International Group, an estimated $6.36M sold.
Based on aggregated 13F filings for Q4 2025.