Innovator US Equity Ultra Buffer ETF May
UMAY
42 hedge funds and large institutions have $23.9M invested in Innovator US Equity Ultra Buffer ETF May in 2024 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 21 reducing their positions, and 10 closing their positions.
11% less funds holding
Funds holding: 47 → 42 (-5)
47.82% less ownership
Funds ownership: 100.55% → 52.73% (-48%)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
59% less capital invested
Capital invested by funds: $57.7M → $23.9M (-$33.8M)
76% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 21
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$1.38M |
| 2 |
Jane Street
New York
|
+$307K |
| 3 |
LPL Financial
San Diego,
California
|
+$294K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$282K |
| 5 |
JP Morgan Chase
New York
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$23.9M |
| 2 |
OWA
Outlook Wealth Advisors
Shenandoah,
Texas
|
-$6.39M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$1.33M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.15M |
| 5 |
WFAG
Worth Financial Advisory Group
Charlotte,
North Carolina
|
-$860K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
| – | -$205K | -6,971 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$60K | -2,039 | Closed |
|
UMAY Hedge Fund Activity: Q1 2024 in Review
42 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF May (UMAY) for Q1 2024, worth a combined $23.9M — down 59% from $57.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of UMAY and 5 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 5 added.
The largest buyer was Cetera Investment Advisers, opening a new position worth an estimated $1.38M. The largest seller was Tradition Wealth Management, exiting entirely with an estimated $23.9M sold.
- 42 institutional investors held Innovator US Equity Ultra Buffer ETF May (UMAY) as of Q1 2024, down from 47 in Q4 2023.
- Funds reported $23.9M of Innovator US Equity Ultra Buffer ETF May stock for Q1 2024, down 59% quarter-over-quarter.
- 5 funds opened new Innovator US Equity Ultra Buffer ETF May positions in Q1 2024 and 10 closed out, a net change of -5 holders.
- The largest Innovator US Equity Ultra Buffer ETF May buyer in Q1 2024 was Cetera Investment Advisers, an estimated $1.38M added.
- The largest Innovator US Equity Ultra Buffer ETF May seller in Q1 2024 was Tradition Wealth Management, an estimated $23.9M sold.
Based on aggregated 13F filings for Q1 2024.