Innovator US Equity Ultra Buffer ETF May
UMAY
47 hedge funds and large institutions have $57.7M invested in Innovator US Equity Ultra Buffer ETF May in 2023 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 8 closing their positions.
21.6% more ownership
Funds ownership: 78.96% → 100.55% (+22%)
6% less funds holding
Funds holding: 50 → 47 (-3)
6% less capital invested
Capital invested by funds: $61.7M → $57.7M (-$4.01M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.16M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$964K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$421K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$280K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$257K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$3.17M |
| 2 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.4M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$923K |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
-$717K |
| 5 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$574K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
51
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$223K | -8,069 | Closed |
|
|
KWM
52
Kingsview Wealth Management
Grants Pass,
Oregon
| – | -$210K | -7,586 | Closed |
|
53
JP Morgan Chase
New York
| – | -$151K | -5,446 | Closed |
|
|
WP
54
WealthShield Partners
Cary,
North Carolina
| – | -$66.6K | -2,406 | Closed |
|
|
CPG
55
Cornerstone Planning Group
Fairfield,
New Jersey
| – | -$19.1K | -690 | Closed |
|
UMAY Hedge Fund Activity: Q4 2023 in Review
47 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF May (UMAY) for Q4 2023, worth a combined $57.7M — down 6.5% from $61.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of UMAY and 6 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Kestra Advisory Services, opening a new position worth an estimated $1.16M. The largest seller was HighTower Advisors, cutting an estimated $3.17M.
- 47 institutional investors held Innovator US Equity Ultra Buffer ETF May (UMAY) as of Q4 2023, down from 50 in Q3 2023.
- Funds reported $57.7M of Innovator US Equity Ultra Buffer ETF May stock for Q4 2023, down 6.5% quarter-over-quarter.
- 6 funds opened new Innovator US Equity Ultra Buffer ETF May positions in Q4 2023 and 8 closed out, a net change of -2 holders.
- The largest Innovator US Equity Ultra Buffer ETF May buyer in Q4 2023 was Kestra Advisory Services, an estimated $1.16M added.
- The largest Innovator US Equity Ultra Buffer ETF May seller in Q4 2023 was HighTower Advisors, an estimated $3.17M sold.
Based on aggregated 13F filings for Q4 2023.