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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
BCM
1
Brookstone Capital Management
Illinois
$74.3M +$42.1M +1,080,589 +136%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$14.1M -$864K -22,147 -6%
Envestnet Asset Management
3
Envestnet Asset Management
Illinois
$8.61M +$838K +21,486 +11%
LCWM
4
Legacy Capital Wealth Management
Texas
$8.55M +$8.41M +215,636 New
Raymond James Financial
5
Raymond James Financial
Florida
$8.5M -$1.68M -43,117 -17%
Osaic Holdings
6
Osaic Holdings
Arizona
$7.68M -$71.1K -1,824 -0.9%
FIA
7
Foundations Investment Advisors
Arizona
$6.34M +$495K +12,698 +9%
PCA
8
Prosperity Capital Advisors
Ohio
$5.61M -$407K -10,430 -7%
KAS
9
Kestra Advisory Services
Texas
$5.43M +$342K +8,781 +7%
KWM
10
KFG Wealth Management
Indiana
$3.9M -$1.1M -28,172 -22%
IAS
11
Integrity Advisory Solutions
Texas
$3.89M -$1.29K -33 -0%
TF
12
Trek Financial
Arizona
$3.76M -$1.8M -46,258 -33%
CVA
13
Central Valley Advisors
California
$3.63M +$520K +13,330 +17%
BFG
14
Berger Financial Group
Minnesota
$3.51M +$23.6K +606 +0.7%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$3.44M +$770K +19,734 +29%
MAM
16
Milestone Asset Management
Pennsylvania
$3.22M -$158K -4,048 -5%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$3.14M +$378K +9,695 +14%
SWM
18
Spire Wealth Management
Virginia
$2.96M +$1.34M +34,316 +85%
WIM
19
WealthPlan Investment Management
Nebraska
$2.42M -$10.3M -265,002 -81%
MW
20
MBL Wealth
North Carolina
$2.34M +$487K +12,484 +27%
Truist Financial
21
Truist Financial
North Carolina
$2.32M -$50.5K -1,294 -2%
HighTower Advisors
22
HighTower Advisors
Illinois
$2.17M -$245K -6,288 -10%
IWM
23
IMG Wealth Management
Florida
$2.05M +$16.4K +420 +0.8%
LPL Financial
24
LPL Financial
California
$1.96M -$9.83K -252 -0.5%
MML Investors Services
25
MML Investors Services
Massachusetts
$1.86M +$848K +21,738 +86%
1
2 3 4 5

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.