Innovator US Equity Power Buffer ETF September
PSEP
194 hedge funds and large institutions have $542M invested in Innovator US Equity Power Buffer ETF September in 2025 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 28 increasing their positions, 92 reducing their positions, and 25 closing their positions.
7.56% less ownership
Funds ownership: 79.69% → 72.14% (-7.6%)
8% less funds holding
Funds holding: 211 → 194 (-17)
56% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 25
70% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 92
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
91% less capital inflows, than outflows
Capital inflows: $16.8M | Capital outflows: $191M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$5.15M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.4M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.75M |
| 4 |
Penserra Capital Management
Orinda,
California
|
+$1.68M |
| 5 |
SageView Advisory Group
Newport Beach,
California
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$45M |
| 2 |
Allworth Financial
Folsom,
California
|
-$35.4M |
| 3 |
Brookstone Capital Management
Wheaton,
Illinois
|
-$29.3M |
| 4 |
Raymond James Financial
St Petersburg,
Florida
|
-$24.1M |
| 5 |
Joseph Group Capital Management
Columbus,
Ohio
|
-$16.2M |
PSEP Hedge Fund Activity: Q1 2025 in Review
194 of the 7,485 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Power Buffer ETF September (PSEP) for Q1 2025, worth a combined $542M — down 26% from $727M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PSEP and 11 opened new positions — a net loss of 14 holders — while 92 trimmed existing stakes and 28 added.
The largest buyer was LPL Financial, adding an estimated $5.15M. The largest seller was AE Wealth Management, cutting an estimated $45M.
- 194 institutional investors held Innovator US Equity Power Buffer ETF September (PSEP) as of Q1 2025, down from 211 in Q4 2024.
- Funds reported $542M of Innovator US Equity Power Buffer ETF September stock for Q1 2025, down 26% quarter-over-quarter.
- 11 funds opened new Innovator US Equity Power Buffer ETF September positions in Q1 2025 and 25 closed out, a net change of -14 holders.
- The largest Innovator US Equity Power Buffer ETF September buyer in Q1 2025 was LPL Financial, an estimated $5.15M added.
- The largest Innovator US Equity Power Buffer ETF September seller in Q1 2025 was AE Wealth Management, an estimated $45M sold.
Based on aggregated 13F filings for Q1 2025.