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UDEC

Innovator US Equity Ultra Buffer ETF December
UDEC

118 hedge funds and large institutions have $233M invested in Innovator US Equity Ultra Buffer ETF December in 2025 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 29 increasing their positions, 37 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

24% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 17

10% more capital invested

Capital invested by funds: $212M → $233M (+$21.4M)

3.5% more ownership

Funds ownership: 72.85% → 76.35% (+3.5%)

3% more funds holding

Funds holding: 115 → 118 (+3)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

22% less repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 37

Holders
118
Holders Change
+3
Holders Change %
+2.61%
% of All Funds
1.43%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
21
Increased
29
Reduced
37
Closed
17
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
BCM
Brookstone Capital Management
Illinois
+$42.1M
2
Jane Street
Jane Street
New York
+$1.61M
3
GIA
Gladstone Institutional Advisory
Florida
+$1.44M
4
SWM
Spire Wealth Management
Virginia
+$1.34M
5
AAS
Ameritas Advisory Services
Nebraska
+$1.17M

Top Sellers

1
WIM
WealthPlan Investment Management
Nebraska
-$10.3M
2
FLFS
Family Legacy Financial Solutions
North Carolina
-$6.13M
3
TCM
Triumph Capital Management
Colorado
-$4.19M
4
M1FG
Mach-1 Financial Group
Arkansas
-$3.77M
5
EMAM
Encompass More Asset Management
California
-$3.3M
Name Holding Trade Value Shares
Change 		Change in
Stake
RAS
101
RPS Advisory Solutions
Kentucky
$208K +$205K +5,256 New
GS
102
GWN Securities
Florida
$207K – – –
SW
103
Simplicity Wealth
New Jersey
$204K +$201K +5,149 New
DFA
104
DHJJ Financial Advisors
Illinois
$190K +$166K +4,244 +772%
PWA
105
Physician Wealth Advisors
Utah
$180K – – –
JWM
106
Jessup Wealth Management
Ohio
$98.3K +$96.7K +2,479 New
ACA
107
Aptus Capital Advisors
Alabama
$95.1K +$11.7K +300 +14%
NWMP
108
Noble Wealth Management PBC
Colorado
$79.3K – – –
HIA
109
Harbor Investment Advisory
Maryland
$57.8K – – –
Morgan Stanley
110
Morgan Stanley
New York
$42.7K +$37.8K +969 +906%
IA
111
IFP Advisors
Florida
$20.3K +$1.95K +50 +11%
AssetMark Inc
112
AssetMark Inc
California
$15.1K – – –
EWA
113
EverSource Wealth Advisors
Alabama
$11.9K – – –
PNC Financial Services Group
114
PNC Financial Services Group
Pennsylvania
$6.94K +$6.83K +175 New
Royal Bank of Canada
115
Royal Bank of Canada
Ontario, Canada
$3K -$2.38K -61 -43%
KFAS
116
Keating Financial Advisory Services
Kansas
$2.38K +$2.34K +60 New
CP
117
Camelot Portfolios
Ohio
$2.22K +$2.18K +56 New
JP Morgan Chase
118
JP Morgan Chase
New York
$1.98K -$926K -23,741 -100%
M1FG
119
Mach-1 Financial Group
Arkansas
– -$3.77M -98,269 Closed
EMAM
120
Encompass More Asset Management
California
– -$3.3M -85,936 Closed
ATS
121
Ashton Thomas Securities
New York
– -$2.44M -63,543 Closed
ATPW
122
Ashton Thomas Private Wealth
Arizona
– -$1.76M -45,899 Closed
BEI
123
Benjamin Edwards Inc
Missouri
– -$1.15M -29,938 Closed
CWG
124
Crown Wealth Group
North Carolina
– -$959K -25,004 Closed
FPAS
125
Focus Partners Advisor Solutions
Missouri
– -$974K -24,964 Closed
2 3 4
5
6

UDEC Hedge Fund Activity: Q4 2025 in Review

118 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF December (UDEC) for Q4 2025, worth a combined $233M — up 10% from $212M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new UDEC positions and 17 closed out — a net gain of 4 holders — while 29 added to existing stakes and 37 trimmed.

The largest buyer was Brookstone Capital Management, adding an estimated $42.1M. The largest seller was WealthPlan Investment Management, cutting an estimated $10.3M.

  • 118 institutional investors held Innovator US Equity Ultra Buffer ETF December (UDEC) as of Q4 2025, up from 115 in Q3 2025.
  • Funds reported $233M of Innovator US Equity Ultra Buffer ETF December stock for Q4 2025, up 10% quarter-over-quarter.
  • 21 funds opened new Innovator US Equity Ultra Buffer ETF December positions in Q4 2025 and 17 closed out, a net change of +4 holders.
  • The largest Innovator US Equity Ultra Buffer ETF December buyer in Q4 2025 was Brookstone Capital Management, an estimated $42.1M added.
  • The largest Innovator US Equity Ultra Buffer ETF December seller in Q4 2025 was WealthPlan Investment Management, an estimated $10.3M sold.

Based on aggregated 13F filings for Q4 2025.