Innovator US Equity Power Buffer ETF April
PAPR
221 hedge funds and large institutions have $650M invested in Innovator US Equity Power Buffer ETF April in 2026 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 59 increasing their positions, 104 reducing their positions, and 22 closing their positions.
6.79% more ownership
Funds ownership: 78.3% → 85.09% (+6.8%)
5% more capital invested
Capital invested by funds: $617M → $650M (+$33.3M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4% less funds holding
Funds holding: 231 → 221 (-10)
32% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 22
43% less repeat investments, than reductions
Existing positions increased: 59 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$7.57M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
+$7.32M |
| 3 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$6.55M |
| 4 |
CWRP
Cassady Wealth & Retirement Planning
Henderson,
Nevada
|
+$4.02M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$5.58M |
| 2 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$2.28M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.2M |
| 4 |
PS
Principal Securities
Des Moines,
Iowa
|
-$2.16M |
| 5 |
BWM
BCS Wealth Management
Johnson City,
Tennessee
|
-$1.89M |
PAPR Hedge Fund Activity: Q1 2026 in Review
221 of the 8,186 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF April (PAPR) for Q1 2026, worth a combined $650M — up 5.4% from $617M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PAPR and 15 opened new positions — a net loss of 7 holders — while 104 trimmed existing stakes and 59 added.
The largest buyer was Wealth Enhancement Advisory Services, adding an estimated $7.57M. The largest seller was Osaic Holdings, cutting an estimated $5.58M.
- 221 institutional investors held Innovator US Equity Power Buffer ETF April (PAPR) as of Q1 2026, down from 231 in Q4 2025.
- Funds reported $650M of Innovator US Equity Power Buffer ETF April stock for Q1 2026, up 5.4% quarter-over-quarter.
- 15 funds opened new Innovator US Equity Power Buffer ETF April positions in Q1 2026 and 22 closed out, a net change of -7 holders.
- The largest Innovator US Equity Power Buffer ETF April buyer in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $7.57M added.
- The largest Innovator US Equity Power Buffer ETF April seller in Q1 2026 was Osaic Holdings, an estimated $5.58M sold.
Based on aggregated 13F filings for Q1 2026.