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Innovator US Equity Ultra Buffer ETF November

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.

New
Increased
Maintained
Reduced
Closed

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: 12 (+1)

53% more repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 15

31% more funds holding

Funds holding: 5268 (+16)

5.66% more ownership

Funds ownership: 70.58%76.24% (+5.7%)

Holders
68
Holders Change
+16
Holders Change %
+30.77%
% of All Funds
0.83%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.02%
New
22
Increased
23
Reduced
15
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
BCM
1
Brookstone Capital Management
Illinois
$64.5M +$60.8M +1,610,883 +1,901%
Osaic Holdings
2
Osaic Holdings
Arizona
$5.69M +$793K +21,012 +16%
PCA
3
Prosperity Capital Advisors
Ohio
$5.48M -$340K -9,015 -6%
4WM
4
4J Wealth Management
Virginia
$5.16M +$5.12M +135,531 New
IA
5
IFP Advisors
Florida
$3.61M +$3.58M +94,828 New
CVA
6
Central Valley Advisors
California
$3.13M +$1.26M +33,414 +68%
KWA
7
Kellett Wealth Advisors
Ohio
$3.08M +$3.05M +80,900 New
IWM
8
IHT Wealth Management
Illinois
$2.67M +$1.92M +50,891 +274%
RCMF
9
RK Capital Management (Florida)
Florida
$2.54M -$1.53M -40,493 -38%
KAS
10
Kestra Advisory Services
Texas
$2.49M +$1.5M +39,829 +156%
SWM
11
Spire Wealth Management
Virginia
$2.43M +$1.75M +46,264 +265%
Commonwealth Equity Services
12
Commonwealth Equity Services
Massachusetts
$2.41M +$33.6K +890 +1%
MOS
13
MGO One Seven
Ohio
$2.3M -$1.38M -36,445 -38%
HighTower Advisors
14
HighTower Advisors
Illinois
$1.86M +$1.85M +48,952 New
KWM
15
KFG Wealth Management
Indiana
$1.78M -$9.17K -243 -0.5%
AWM
16
AE Wealth Management
Kansas
$1.7M +$854K +22,607 +102%
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.63M +$816K +21,613 +102%
TF
18
Trek Financial
Arizona
$1.61M +$1.28M +33,861 +398%
Envestnet Asset Management
19
Envestnet Asset Management
Illinois
$1.58M +$1.23M +32,491 +359%
OCFG
20
O'Connor Financial Group
Illinois
$1.38M +$1.36M +35,972 New
MML Investors Services
21
MML Investors Services
Massachusetts
$1.37M +$263K +6,978 +24%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$943K +$479K +12,686 +105%
CRWM
23
Castle Rock Wealth Management
California
$942K -$75.8K -2,008 -8%
LPL Financial
24
LPL Financial
California
$905K +$217K +5,739 +32%
SAG
25
SageView Advisory Group
California
$896K -$523K -13,852 -37%

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.