Innovator US Equity Power Buffer ETF May
PMAY
154 hedge funds and large institutions have $322M invested in Innovator US Equity Power Buffer ETF May in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 76 reducing their positions, and 16 closing their positions.
2.08% more ownership
Funds ownership: 72.22% → 74.3% (+2.1%)
4% less funds holding
Funds holding: 161 → 154 (-7)
6% less capital invested
Capital invested by funds: $343M → $322M (-$21.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 16
75% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 76
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$7.14M |
| 2 |
PCM
Penserra Capital Management
Orinda,
California
|
+$2.55M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.29M |
| 4 |
LPL Financial
San Diego,
California
|
+$1.2M |
| 5 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$822K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GCP
Gill Capital Partners
Denver,
Colorado
|
-$5.1M |
| 2 |
DIM
Delta Investment Management
San Francisco,
California
|
-$4.27M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$2.76M |
| 4 |
BA
Bellwether Advisors
Lincoln,
Nebraska
|
-$2.72M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$2.34M |
PMAY Hedge Fund Activity: Q1 2024 in Review
154 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF May (PMAY) for Q1 2024, worth a combined $322M — down 6.2% from $343M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of PMAY and 9 opened new positions — a net loss of 7 holders — while 76 trimmed existing stakes and 19 added.
The largest buyer was Cetera Investment Advisers, adding an estimated $7.14M. The largest seller was Gill Capital Partners, cutting an estimated $5.1M.
- 154 institutional investors held Innovator US Equity Power Buffer ETF May (PMAY) as of Q1 2024, down from 161 in Q4 2023.
- Funds reported $322M of Innovator US Equity Power Buffer ETF May stock for Q1 2024, down 6.2% quarter-over-quarter.
- 9 funds opened new Innovator US Equity Power Buffer ETF May positions in Q1 2024 and 16 closed out, a net change of -7 holders.
- The largest Innovator US Equity Power Buffer ETF May buyer in Q1 2024 was Cetera Investment Advisers, an estimated $7.14M added.
- The largest Innovator US Equity Power Buffer ETF May seller in Q1 2024 was Gill Capital Partners, an estimated $5.1M sold.
Based on aggregated 13F filings for Q1 2024.