Innovator US Equity Power Buffer ETF May
PMAY
179 hedge funds and large institutions have $488M invested in Innovator US Equity Power Buffer ETF May in 2026 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 82 reducing their positions, and 17 closing their positions.
0.98% less ownership
Funds ownership: 83.31% → 82.32% (-0.98%)
4% less capital invested
Capital invested by funds: $510M → $488M (-$21.7M)
4% less funds holding
Funds holding: 186 → 179 (-7)
29% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 17
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
83% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 82
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCM
Penserra Capital Management
Orinda,
California
|
+$3.74M |
| 2 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$2.99M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.91M |
| 4 |
BPA
Beacon Pointe Advisors
Newport Beach,
California
|
+$1.42M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWS
Keystone Wealth Services
Palm Desert,
California
|
-$9.39M |
| 2 |
AllianceBernstein
Nashville,
Tennessee
|
-$6.81M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$4.22M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$1.57M |
| 5 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.31M |
PMAY Hedge Fund Activity: Q1 2026 in Review
179 of the 8,208 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF May (PMAY) for Q1 2026, worth a combined $488M — down 4.3% from $510M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of PMAY and 12 opened new positions — a net loss of 5 holders — while 82 trimmed existing stakes and 14 added.
The largest buyer was Penserra Capital Management, adding an estimated $3.74M. The largest seller was Keystone Wealth Services, cutting an estimated $9.39M.
- 179 institutional investors held Innovator US Equity Power Buffer ETF May (PMAY) as of Q1 2026, down from 186 in Q4 2025.
- Funds reported $488M of Innovator US Equity Power Buffer ETF May stock for Q1 2026, down 4.3% quarter-over-quarter.
- 12 funds opened new Innovator US Equity Power Buffer ETF May positions in Q1 2026 and 17 closed out, a net change of -5 holders.
- The largest Innovator US Equity Power Buffer ETF May buyer in Q1 2026 was Penserra Capital Management, an estimated $3.74M added.
- The largest Innovator US Equity Power Buffer ETF May seller in Q1 2026 was Keystone Wealth Services, an estimated $9.39M sold.
Based on aggregated 13F filings for Q1 2026.