Innovator US Equity Power Buffer ETF December
PDEC
214 hedge funds and large institutions have $851M invested in Innovator US Equity Power Buffer ETF December in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 56 increasing their positions, 74 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
6% more capital invested
Capital invested by funds: $806M → $851M (+$45.2M)
3% more funds holding
Funds holding: 208 → 214 (+6)
0.96% less ownership
Funds ownership: 80.16% → 79.2% (-0.96%)
24% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 74
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cerity Partners
New York
|
+$23.2M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$8.34M |
| 3 |
HI
Harbour Investments
Madison,
Wisconsin
|
+$7.99M |
| 4 |
SAG
SageView Advisory Group
Newport Beach,
California
|
+$2.33M |
| 5 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
+$1.69M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$23.1M |
| 2 |
Pathstone Holdings
Englewood,
New Jersey
|
-$8.07M |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$5.44M |
| 4 |
TC
TownSquare Capital
Provo,
Utah
|
-$3.79M |
| 5 |
HWM
HB Wealth Management
Atlanta,
Georgia
|
-$3.71M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
BlackRock
New York
| – | -$105K | -2,780 | Closed |
|
|
AG
227
AmeriFlex Group
Las Vegas,
Nevada
| – | -$13.2K | -350 | Closed |
|
PDEC Hedge Fund Activity: Q2 2025 in Review
214 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF December (PDEC) for Q2 2025, worth a combined $851M — up 5.6% from $806M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PDEC positions and 13 closed out — a net gain of 8 holders — while 56 added to existing stakes and 74 trimmed.
The largest buyer was Cerity Partners, adding an estimated $23.2M. The largest seller was Stephens Inc, exiting entirely with an estimated $23.1M sold.
- 214 institutional investors held Innovator US Equity Power Buffer ETF December (PDEC) as of Q2 2025, up from 208 in Q1 2025.
- Funds reported $851M of Innovator US Equity Power Buffer ETF December stock for Q2 2025, up 5.6% quarter-over-quarter.
- 21 funds opened new Innovator US Equity Power Buffer ETF December positions in Q2 2025 and 13 closed out, a net change of +8 holders.
- The largest Innovator US Equity Power Buffer ETF December buyer in Q2 2025 was Cerity Partners, an estimated $23.2M added.
- The largest Innovator US Equity Power Buffer ETF December seller in Q2 2025 was Stephens Inc, an estimated $23.1M sold.
Based on aggregated 13F filings for Q2 2025.