Innovator US Equity Ultra Buffer ETF September
USEP
80 hedge funds and large institutions have $182M invested in Innovator US Equity Ultra Buffer ETF September in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 28 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
4% more funds holding
Funds holding: 77 → 80 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% less capital invested
Capital invested by funds: $182M → $182M (-$504K)
2.33% less ownership
Funds ownership: 82.37% → 80.03% (-2.3%)
36% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 28
Top Buyers
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNWA
76
Financial Network Wealth Advisors
Murray,
Utah
| $39.8K | -$6.66K | -171 | -14% |
|
77
Royal Bank of Canada
Toronto,
Ontario, Canada
| $25K | -$3.12K | -80 | -11% |
|
78
UBS Group
Zurich,
Switzerland
| $8.73K | +$8.61K | +221 | +22,100% |
|
79
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | – | – | – |
|
|
CP
80
Camelot Portfolios
Maumee,
Ohio
| $2.24K | +$2.22K | +57 | New |
|
81
Barclays
London,
United Kingdom
| $1.22K | +$1.21K | +31 | New |
|
|
IWM
82
IHT Wealth Management
Chicago,
Illinois
| – | -$1.18M | -30,330 | Closed |
|
83
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$892K | -23,075 | Closed |
|
|
FFS
84
Founders Financial Securities
Towson,
Maryland
| – | -$632K | -16,343 | Closed |
|
85
Jane Street
New York
| – | -$418K | -10,804 | Closed |
|
86
JP Morgan Chase
New York
| – | -$16.5K | -426 | Closed |
|
USEP Hedge Fund Activity: Q4 2025 in Review
80 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Ultra Buffer ETF September (USEP) for Q4 2025, worth a combined $182M — down 0.28% from $182M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new USEP positions and 6 closed out — a net gain of 3 holders — while 18 added to existing stakes and 28 trimmed.
The largest buyer was Legacy Advisors, opening a new position worth an estimated $1.24M. The largest seller was Sovran Advisors, cutting an estimated $3.37M.
- 80 institutional investors held Innovator US Equity Ultra Buffer ETF September (USEP) as of Q4 2025, up from 77 in Q3 2025.
- Funds reported $182M of Innovator US Equity Ultra Buffer ETF September stock for Q4 2025, down 0.28% quarter-over-quarter.
- 9 funds opened new Innovator US Equity Ultra Buffer ETF September positions in Q4 2025 and 6 closed out, a net change of +3 holders.
- The largest Innovator US Equity Ultra Buffer ETF September buyer in Q4 2025 was Legacy Advisors, an estimated $1.24M added.
- The largest Innovator US Equity Ultra Buffer ETF September seller in Q4 2025 was Sovran Advisors, an estimated $3.37M sold.
Based on aggregated 13F filings for Q4 2025.