Innovator US Equity Ultra Buffer ETF November
UNOV
68 hedge funds and large institutions have $136M invested in Innovator US Equity Ultra Buffer ETF November in 2025 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 23 increasing their positions, 15 reducing their positions, and 6 closing their positions.
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
175% more capital invested
Capital invested by funds: $49.6M → $136M (+$86.8M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
53% more repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 15
31% more funds holding
Funds holding: 52 → 68 (+16)
5.66% more ownership
Funds ownership: 70.58% → 76.24% (+5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$60.8M |
| 2 |
4WM
4J Wealth Management
Alexandria,
Virginia
|
+$5.12M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$3.58M |
| 4 |
KWA
Kellett Wealth Advisors
Cincinnati,
Ohio
|
+$3.05M |
| 5 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCMF
RK Capital Management (Florida)
Weston,
Florida
|
-$1.53M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.41M |
| 3 |
MOS
MGO One Seven
Beachwood,
Ohio
|
-$1.38M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$988K |
| 5 |
GS
GTS Securities
New York
|
-$822K |
UNOV Hedge Fund Activity: Q4 2025 in Review
68 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF November (UNOV) for Q4 2025, worth a combined $136M — up 175% from $49.6M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new UNOV positions and 6 closed out — a net gain of 16 holders — while 23 added to existing stakes and 15 trimmed.
The largest buyer was Brookstone Capital Management, adding an estimated $60.8M. The largest seller was RK Capital Management (Florida), cutting an estimated $1.53M.
- 68 institutional investors held Innovator US Equity Ultra Buffer ETF November (UNOV) as of Q4 2025, up from 52 in Q3 2025.
- Funds reported $136M of Innovator US Equity Ultra Buffer ETF November stock for Q4 2025, up 175% quarter-over-quarter.
- 22 funds opened new Innovator US Equity Ultra Buffer ETF November positions in Q4 2025 and 6 closed out, a net change of +16 holders.
- The largest Innovator US Equity Ultra Buffer ETF November buyer in Q4 2025 was Brookstone Capital Management, an estimated $60.8M added.
- The largest Innovator US Equity Ultra Buffer ETF November seller in Q4 2025 was RK Capital Management (Florida), an estimated $1.53M sold.
Based on aggregated 13F filings for Q4 2025.