Innovator US Equity Power Buffer ETF May
PMAY
183 hedge funds and large institutions have $510M invested in Innovator US Equity Power Buffer ETF May in 2025 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 74 increasing their positions, 44 reducing their positions, and 10 closing their positions.
693% more capital inflows, than outflows
Capital inflows: $107M | Capital outflows: $13.5M
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
68% more repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 44
6% more funds holding
Funds holding: 172 → 183 (+11)
2.52% more ownership
Funds ownership: 78.09% → 80.61% (+2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AllianceBernstein
Nashville,
Tennessee
|
+$28.2M |
| 2 |
Penserra Capital Management
Orinda,
California
|
+$6.91M |
| 3 |
WPWealth
Fort Worth,
Texas
|
+$5.57M |
| 4 |
McAlister Sweet & Associates
Houston,
Texas
|
+$4.54M |
| 5 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$2.56M |
| 2 |
Stuart Chaussee & Associates
Palos Verdes Estates,
California
|
-$2.34M |
| 3 |
AssuredPartners Investment Advisors
Tampa,
Florida
|
-$1.54M |
| 4 |
Old Mission Capital
Chicago,
Illinois
|
-$1.38M |
| 5 |
TownSquare Capital
Provo,
Utah
|
-$1.12M |
PMAY Hedge Fund Activity: Q2 2025 in Review
183 of the 7,627 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF May (PMAY) for Q2 2025, worth a combined $510M — up 31% from $390M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PMAY positions and 10 closed out — a net gain of 12 holders — while 74 added to existing stakes and 44 trimmed.
The largest buyer was AllianceBernstein, adding an estimated $28.2M. The largest seller was AE Wealth Management, cutting an estimated $2.56M.
- 183 institutional investors held Innovator US Equity Power Buffer ETF May (PMAY) as of Q2 2025, up from 172 in Q1 2025.
- Funds reported $510M of Innovator US Equity Power Buffer ETF May stock for Q2 2025, up 31% quarter-over-quarter.
- 22 funds opened new Innovator US Equity Power Buffer ETF May positions in Q2 2025 and 10 closed out, a net change of +12 holders.
- The largest Innovator US Equity Power Buffer ETF May buyer in Q2 2025 was AllianceBernstein, an estimated $28.2M added.
- The largest Innovator US Equity Power Buffer ETF May seller in Q2 2025 was AE Wealth Management, an estimated $2.56M sold.
Based on aggregated 13F filings for Q2 2025.