Innovator US Equity Power Buffer ETF April
PAPR
212 hedge funds and large institutions have $653M invested in Innovator US Equity Power Buffer ETF April in 2025 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 103 increasing their positions, 44 reducing their positions, and 12 closing their positions.
134% more repeat investments, than reductions
Existing positions increased: 103 | Existing positions reduced: 44
133% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 12
22% more capital invested
Capital invested by funds: $534M → $653M (+$119M)
7% more funds holding
Funds holding: 198 → 212 (+14)
4.72% less ownership
Funds ownership: 82.07% → 77.35% (-4.7%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$28.4M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$10.1M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$8.15M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$5.88M |
| 5 |
William Blair & Company
Chicago,
Illinois
|
+$5.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$1.7M |
| 2 |
AIA
AssuredPartners Investment Advisors
Tampa,
Florida
|
-$1.55M |
| 3 |
JWBC
John W. Brooker & Co
Oakland,
California
|
-$1.32M |
| 4 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
-$1.25M |
| 5 |
SB
Strategic Blueprint
Atlanta,
Georgia
|
-$980K |
PAPR Hedge Fund Activity: Q2 2025 in Review
212 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF April (PAPR) for Q2 2025, worth a combined $653M — up 22% from $534M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PAPR positions and 12 closed out — a net gain of 16 holders — while 103 added to existing stakes and 44 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $28.4M. The largest seller was HBW Advisory Services, cutting an estimated $1.7M.
- 212 institutional investors held Innovator US Equity Power Buffer ETF April (PAPR) as of Q2 2025, up from 198 in Q1 2025.
- Funds reported $653M of Innovator US Equity Power Buffer ETF April stock for Q2 2025, up 22% quarter-over-quarter.
- 28 funds opened new Innovator US Equity Power Buffer ETF April positions in Q2 2025 and 12 closed out, a net change of +16 holders.
- The largest Innovator US Equity Power Buffer ETF April buyer in Q2 2025 was Brookstone Capital Management, an estimated $28.4M added.
- The largest Innovator US Equity Power Buffer ETF April seller in Q2 2025 was HBW Advisory Services, an estimated $1.7M sold.
Based on aggregated 13F filings for Q2 2025.