Innovator US Equity Power Buffer ETF January
PJAN
246 hedge funds and large institutions have $975M invested in Innovator US Equity Power Buffer ETF January in 2025 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 57 increasing their positions, 96 reducing their positions, and 16 closing their positions.
31% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 16
29% more funds holding in top 10
Funds holding in top 10: 7 → 9 (+2)
9% more capital invested
Capital invested by funds: $897M → $975M (+$78.4M)
2% more funds holding
Funds holding: 242 → 246 (+4)
0.41% more ownership
Funds ownership: 74.68% → 75.09% (+0.41%)
41% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 96
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$12.8M |
| 2 |
LIWM
Long Island Wealth Management
Melville,
New York
|
+$12.5M |
| 3 |
PCM
Penserra Capital Management
Orinda,
California
|
+$7.49M |
| 4 |
CCG
Catalina Capital Group
Torrance,
California
|
+$4.87M |
| 5 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$3.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$7.44M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.14M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$3.42M |
| 4 |
RCWM
Red Crane Wealth Management
San Francisco,
California
|
-$3.1M |
| 5 |
AllianceBernstein
Nashville,
Tennessee
|
-$2.91M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GA
251
Goldstein Advisors
Madison,
Wisconsin
| – | -$813K | -19,597 | Closed |
|
252
Jane Street
New York
| – | -$374K | -9,018 | Closed |
|
|
AIA
253
AssuredPartners Investment Advisors
Tampa,
Florida
| – | -$365K | -8,805 | Closed |
|
|
VCM
254
Virtue Capital Management
Brentwood,
Tennessee
| – | -$259K | -6,231 | Closed |
|
|
RCA
255
Runnymede Capital Advisors
Dublin,
Ohio
| – | -$240K | -5,798 | Closed |
|
|
W
256
WPWealth
Fort Worth,
Texas
| – | -$230K | -5,552 | Closed |
|
|
AFP
257
Ausdal Financial Partners
Davenport,
Iowa
| – | -$224K | -5,402 | Closed |
|
|
CFP
258
Cypress Financial Planning
Haddon Heights,
New Jersey
| – | -$212K | -5,112 | Closed |
|
|
NFG
259
Northeast Financial Group
Tannersville,
Pennsylvania
| – | -$209K | -5,047 | Closed |
|
|
MCM
260
Mitchell Capital Management
Leawood,
Kansas
| – | -$203K | -4,900 | Closed |
|
|
SFGP
261
Stonebridge Financial Group (Pennsylvania)
Wormleysburg,
Pennsylvania
| – | -$84.1K | -2,027 | Closed |
|
262
Wells Fargo
San Francisco,
California
| – | -$20.7K | -500 | Closed |
|
PJAN Hedge Fund Activity: Q2 2025 in Review
246 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF January (PJAN) for Q2 2025, worth a combined $975M — up 8.7% from $897M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PJAN positions and 16 closed out — a net gain of 5 holders — while 57 added to existing stakes and 96 trimmed.
The largest buyer was Commonwealth Equity Services, adding an estimated $12.8M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $7.44M.
- 246 institutional investors held Innovator US Equity Power Buffer ETF January (PJAN) as of Q2 2025, up from 242 in Q1 2025.
- Funds reported $975M of Innovator US Equity Power Buffer ETF January stock for Q2 2025, up 8.7% quarter-over-quarter.
- 21 funds opened new Innovator US Equity Power Buffer ETF January positions in Q2 2025 and 16 closed out, a net change of +5 holders.
- The largest Innovator US Equity Power Buffer ETF January buyer in Q2 2025 was Commonwealth Equity Services, an estimated $12.8M added.
- The largest Innovator US Equity Power Buffer ETF January seller in Q2 2025 was Wealth Enhancement Advisory Services, an estimated $7.44M sold.
Based on aggregated 13F filings for Q2 2025.