Innovator US Equity Power Buffer ETF April
PAPR
212 hedge funds and large institutions have $619M invested in Innovator US Equity Power Buffer ETF April in 2025 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 34 increasing their positions, 93 reducing their positions, and 14 closing their positions.
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% less funds holding
Funds holding: 213 → 212 (-1)
2.21% less ownership
Funds ownership: 77.38% → 75.17% (-2.2%)
5% less capital invested
Capital invested by funds: $653M → $619M (-$33.8M)
63% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 93
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$14.9M |
| 2 |
TWP
Triad Wealth Partners
Lawrence,
Kansas
|
+$1.77M |
| 3 |
BWM
Brown Wealth Management
Naperville,
Illinois
|
+$1.65M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.61M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$28M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$14.8M |
| 3 |
SNWA
Siligmueller & Norvid Wealth Advisors
Glen Ellyn,
Illinois
|
-$5.34M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$4.13M |
| 5 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$3.64M |
PAPR Hedge Fund Activity: Q3 2025 in Review
212 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF April (PAPR) for Q3 2025, worth a combined $619M — down 5.2% from $653M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PAPR positions and 14 closed out — a net gain of 3 holders — while 34 added to existing stakes and 93 trimmed.
The largest buyer was Jane Street, adding an estimated $14.9M. The largest seller was Brookstone Capital Management, cutting an estimated $28M.
- 212 institutional investors held Innovator US Equity Power Buffer ETF April (PAPR) as of Q3 2025, down from 213 in Q2 2025.
- Funds reported $619M of Innovator US Equity Power Buffer ETF April stock for Q3 2025, down 5.2% quarter-over-quarter.
- 17 funds opened new Innovator US Equity Power Buffer ETF April positions in Q3 2025 and 14 closed out, a net change of +3 holders.
- The largest Innovator US Equity Power Buffer ETF April buyer in Q3 2025 was Jane Street, an estimated $14.9M added.
- The largest Innovator US Equity Power Buffer ETF April seller in Q3 2025 was Brookstone Capital Management, an estimated $28M sold.
Based on aggregated 13F filings for Q3 2025.