Innovator US Equity Power Buffer ETF December
PDEC
208 hedge funds and large institutions have $806M invested in Innovator US Equity Power Buffer ETF December in 2025 Q1 according to their latest regulatory filings, with 24 funds opening new positions, 63 increasing their positions, 69 reducing their positions, and 18 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
33% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 18
1% more capital invested
Capital invested by funds: $795M → $806M (+$11.2M)
1% more funds holding
Funds holding: 206 → 208 (+2)
0.44% less ownership
Funds ownership: 80.6% → 80.16% (-0.44%)
9% less repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 69
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$9.1M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$8.31M |
| 3 |
BA
Bellwether Advisors
Lincoln,
Nebraska
|
+$6.2M |
| 4 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$5.31M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$4.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$24.9M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.89M |
| 3 |
WCM
Weaver Capital Management
Suwanee,
Georgia
|
-$3.48M |
| 4 |
HWP
Heritage Wealth Partners
Dublin,
Ohio
|
-$2.05M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.12M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Fidelity Investments
Boston,
Massachusetts
| – | -$1.08K | -28 | Closed |
|
PDEC Hedge Fund Activity: Q1 2025 in Review
208 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF December (PDEC) for Q1 2025, worth a combined $806M — up 1.4% from $795M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new PDEC positions and 18 closed out — a net gain of 6 holders — while 63 added to existing stakes and 69 trimmed.
The largest buyer was LPL Financial, adding an estimated $9.1M. The largest seller was AllianceBernstein, cutting an estimated $24.9M.
- 208 institutional investors held Innovator US Equity Power Buffer ETF December (PDEC) as of Q1 2025, up from 206 in Q4 2024.
- Funds reported $806M of Innovator US Equity Power Buffer ETF December stock for Q1 2025, up 1.4% quarter-over-quarter.
- 24 funds opened new Innovator US Equity Power Buffer ETF December positions in Q1 2025 and 18 closed out, a net change of +6 holders.
- The largest Innovator US Equity Power Buffer ETF December buyer in Q1 2025 was LPL Financial, an estimated $9.1M added.
- The largest Innovator US Equity Power Buffer ETF December seller in Q1 2025 was AllianceBernstein, an estimated $24.9M sold.
Based on aggregated 13F filings for Q1 2025.