Innovator US Equity Ultra Buffer ETF May
UMAY
48 hedge funds and large institutions have $37.1M invested in Innovator US Equity Ultra Buffer ETF May in 2025 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
4% more funds holding
Funds holding: 46 → 48 (+2)
1.41% more ownership
Funds ownership: 58.63% → 60.04% (+1.4%)
4% more capital invested
Capital invested by funds: $35.7M → $37.1M (+$1.46M)
65% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$812K |
| 2 |
PCA
Prosperity Capital Advisors
Westlake,
Ohio
|
+$468K |
| 3 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$463K |
| 4 |
FPAS
Focus Partners Advisor Solutions
Saint Louis,
Missouri
|
+$261K |
| 5 |
Goldman Sachs
New York
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Armis Advisers
Atlanta,
Georgia
|
-$492K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$267K |
| 3 |
RWM
Riverchase Wealth Management
Flower Mound,
Texas
|
-$259K |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$255K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$243K |
UMAY Hedge Fund Activity: Q3 2025 in Review
48 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF May (UMAY) for Q3 2025, worth a combined $37.1M — up 4.1% from $35.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new UMAY positions and 5 closed out — a net gain of 2 holders — while 6 added to existing stakes and 17 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $812K. The largest seller was Armis Advisers, exiting entirely with an estimated $492K sold.
- 48 institutional investors held Innovator US Equity Ultra Buffer ETF May (UMAY) as of Q3 2025, up from 46 in Q2 2025.
- Funds reported $37.1M of Innovator US Equity Ultra Buffer ETF May stock for Q3 2025, up 4.1% quarter-over-quarter.
- 7 funds opened new Innovator US Equity Ultra Buffer ETF May positions in Q3 2025 and 5 closed out, a net change of +2 holders.
- The largest Innovator US Equity Ultra Buffer ETF May buyer in Q3 2025 was Susquehanna International Group, an estimated $812K added.
- The largest Innovator US Equity Ultra Buffer ETF May seller in Q3 2025 was Armis Advisers, an estimated $492K sold.
Based on aggregated 13F filings for Q3 2025.