Innovator US Equity Power Buffer ETF December
PDEC
231 hedge funds and large institutions have $821M invested in Innovator US Equity Power Buffer ETF December in 2025 Q4 according to their latest regulatory filings, with 43 funds opening new positions, 86 increasing their positions, 59 reducing their positions, and 18 closing their positions.
300% more funds holding in top 10
Funds holding in top 10: 1 → 4 (+3)
139% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 18
46% more repeat investments, than reductions
Existing positions increased: 86 | Existing positions reduced: 59
12% more funds holding
Funds holding: 206 → 231 (+25)
1% less capital invested
Capital invested by funds: $830M → $821M (-$8.94M)
2.1% less ownership
Funds ownership: 82.12% → 80.03% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$46.4M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$28.9M |
| 3 |
CG
Caprock Group
Boise,
Idaho
|
+$11.1M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$5.57M |
| 5 |
CCG
Catalina Capital Group
Torrance,
California
|
+$5.02M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
-$49.7M |
| 2 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$45M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$26.6M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$20.8M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$15.5M |
PDEC Hedge Fund Activity: Q4 2025 in Review
231 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF December (PDEC) for Q4 2025, worth a combined $821M — down 1.1% from $830M a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new PDEC positions and 18 closed out — a net gain of 25 holders — while 86 added to existing stakes and 59 trimmed.
The largest buyer was Focus Partners Wealth, adding an estimated $46.4M. The largest seller was AllianceBernstein, cutting an estimated $49.7M.
- 231 institutional investors held Innovator US Equity Power Buffer ETF December (PDEC) as of Q4 2025, up from 206 in Q3 2025.
- Funds reported $821M of Innovator US Equity Power Buffer ETF December stock for Q4 2025, down 1.1% quarter-over-quarter.
- 43 funds opened new Innovator US Equity Power Buffer ETF December positions in Q4 2025 and 18 closed out, a net change of +25 holders.
- The largest Innovator US Equity Power Buffer ETF December buyer in Q4 2025 was Focus Partners Wealth, an estimated $46.4M added.
- The largest Innovator US Equity Power Buffer ETF December seller in Q4 2025 was AllianceBernstein, an estimated $49.7M sold.
Based on aggregated 13F filings for Q4 2025.