Innovator US Equity Power Buffer ETF August
PAUG
192 hedge funds and large institutions have $605M invested in Innovator US Equity Power Buffer ETF August in 2025 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 20 increasing their positions, 101 reducing their positions, and 16 closing their positions.
13% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 16
7% more capital invested
Capital invested by funds: $566M → $605M (+$38.3M)
1.6% more ownership
Funds ownership: 75.43% → 77.03% (+1.6%)
1% more funds holding
Funds holding: 191 → 192 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
80% less repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 101
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$28.5M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$7.65M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$3.72M |
| 4 |
SNWA
Siligmueller & Norvid Wealth Advisors
Glen Ellyn,
Illinois
|
+$2.06M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$7.55M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$6.9M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$6.17M |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$3.9M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$2.52M |
PAUG Hedge Fund Activity: Q2 2025 in Review
192 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF August (PAUG) for Q2 2025, worth a combined $605M — up 6.8% from $566M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new PAUG positions and 16 closed out — a net gain of 2 holders — while 20 added to existing stakes and 101 trimmed.
The largest buyer was Cerity Partners, opening a new position worth an estimated $28.5M. The largest seller was HighTower Advisors, cutting an estimated $7.55M.
- 192 institutional investors held Innovator US Equity Power Buffer ETF August (PAUG) as of Q2 2025, up from 191 in Q1 2025.
- Funds reported $605M of Innovator US Equity Power Buffer ETF August stock for Q2 2025, up 6.8% quarter-over-quarter.
- 18 funds opened new Innovator US Equity Power Buffer ETF August positions in Q2 2025 and 16 closed out, a net change of +2 holders.
- The largest Innovator US Equity Power Buffer ETF August buyer in Q2 2025 was Cerity Partners, an estimated $28.5M added.
- The largest Innovator US Equity Power Buffer ETF August seller in Q2 2025 was HighTower Advisors, an estimated $7.55M sold.
Based on aggregated 13F filings for Q2 2025.