Innovator U.S. Small Cap Managed Floor ETF
RFLR
20 hedge funds and large institutions have $10M invested in Innovator U.S. Small Cap Managed Floor ETF in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
18% more funds holding
Funds holding: 17 → 20 (+3)
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
2% more capital inflows, than outflows
Capital inflows: $4.7M | Capital outflows: $4.59M
2.17% less ownership
Funds ownership: 42.15% → 39.98% (-2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Winnow Wealth
Waco,
Texas
|
+$2.35M |
| 2 |
Morgan Stanley
New York
|
+$1.2M |
| 3 |
Worth Financial Advisory Group
Charlotte,
North Carolina
|
+$353K |
| 4 |
Harbour Investments
Madison,
Wisconsin
|
+$253K |
| 5 |
Independent Financial Group
San Diego,
California
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Luminist Capital
Grand Rapids,
Michigan
|
-$2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$816K |
| 3 |
Arax Advisory Partners
Denver,
Colorado
|
-$719K |
| 4 |
Jane Street
New York
|
-$550K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$361K |
RFLR Hedge Fund Activity: Q3 2025 in Review
20 of the 7,661 institutional investors tracked by Wall St. Rank reported a position in Innovator U.S. Small Cap Managed Floor ETF (RFLR) for Q3 2025, worth a combined $10M — up 11% from $9.03M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFLR positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was Winnow Wealth, opening a new position worth an estimated $2.35M. The largest seller was Luminist Capital, cutting an estimated $2M.
- 20 institutional investors held Innovator U.S. Small Cap Managed Floor ETF (RFLR) as of Q3 2025, up from 17 in Q2 2025.
- Funds reported $10M of Innovator U.S. Small Cap Managed Floor ETF stock for Q3 2025, up 11% quarter-over-quarter.
- 6 funds opened new Innovator U.S. Small Cap Managed Floor ETF positions in Q3 2025 and 3 closed out, a net change of +3 holders.
- The largest Innovator U.S. Small Cap Managed Floor ETF buyer in Q3 2025 was Winnow Wealth, an estimated $2.35M added.
- The largest Innovator U.S. Small Cap Managed Floor ETF seller in Q3 2025 was Luminist Capital, an estimated $2M sold.
Based on aggregated 13F filings for Q3 2025.