Innovator US Equity Power Buffer ETF January
PJAN
238 hedge funds and large institutions have $891M invested in Innovator US Equity Power Buffer ETF January in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 34 increasing their positions, 104 reducing their positions, and 22 closing their positions.
2.84% less ownership
Funds ownership: 75.09% → 72.25% (-2.8%)
3% less funds holding
Funds holding: 246 → 238 (-8)
9% less capital invested
Capital invested by funds: $975M → $891M (-$84.3M)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
67% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 104
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$18M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.8M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$1.68M |
| 4 |
TWP
Triad Wealth Partners
Lawrence,
Kansas
|
+$1.66M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$38.5M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$29.6M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$21.3M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$9.91M |
| 5 |
WIA
World Investment Advisors
Santa Barbara,
California
|
-$8.32M |
PJAN Hedge Fund Activity: Q3 2025 in Review
238 of the 7,638 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF January (PJAN) for Q3 2025, worth a combined $891M — down 8.6% from $975M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of PJAN and 19 opened new positions — a net loss of 3 holders — while 104 trimmed existing stakes and 34 added.
The largest buyer was Mutual Advisors, adding an estimated $18M. The largest seller was Commonwealth Equity Services, cutting an estimated $38.5M.
- 238 institutional investors held Innovator US Equity Power Buffer ETF January (PJAN) as of Q3 2025, down from 246 in Q2 2025.
- Funds reported $891M of Innovator US Equity Power Buffer ETF January stock for Q3 2025, down 8.6% quarter-over-quarter.
- 19 funds opened new Innovator US Equity Power Buffer ETF January positions in Q3 2025 and 22 closed out, a net change of -3 holders.
- The largest Innovator US Equity Power Buffer ETF January buyer in Q3 2025 was Mutual Advisors, an estimated $18M added.
- The largest Innovator US Equity Power Buffer ETF January seller in Q3 2025 was Commonwealth Equity Services, an estimated $38.5M sold.
Based on aggregated 13F filings for Q3 2025.