Innovator US Equity Accelerated 9 Buffer ETF April
XBAP
54 hedge funds and large institutions have $120M invested in Innovator US Equity Accelerated 9 Buffer ETF April in 2025 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 22 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 52 → 54 (+2)
0.6% more ownership
Funds ownership: 85.32% → 85.93% (+0.6%)
9% less capital invested
Capital invested by funds: $131M → $120M (-$11.2M)
36% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Lido Advisors
Los Angeles,
California
|
+$40.4M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$317K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$209K |
| 4 |
TWP
Triad Wealth Partners
Lawrence,
Kansas
|
+$198K |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$828K |
| 2 |
MFA
Millington Financial Advisors
Naperville,
Illinois
|
-$578K |
| 3 |
FCFC
First Commonwealth Financial Corp
Indiana,
Pennsylvania
|
-$443K |
| 4 |
AF
Allworth Financial
Folsom,
California
|
-$425K |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$308K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Barclays
London,
United Kingdom
| $47.2K | +$44.6K | +1,168 | +2,204% |
|
52
Royal Bank of Canada
Toronto,
Ontario, Canada
| $37K | – | – | – |
|
|
SPIA
53
Steward Partners Investment Advisory
New York
| $31.6K | – | – | – |
|
|
AWM
54
AE Wealth Management
Topeka,
Kansas
| $20.6K | -$3.36K | -88 | -14% |
|
|
SCA
55
Stuart Chaussee & Associates
Palos Verdes Estates,
California
| – | -$53.8M | -1,420,593 | Closed |
|
|
WCAMG
56
Woodard & Company Asset Management Group
Bermuda Run,
North Carolina
| – | -$9.47K | -250 | Closed |
|
57
UBS Group
Zurich,
Switzerland
| – | -$5.34K | -141 | Closed |
|
XBAP Hedge Fund Activity: Q4 2025 in Review
54 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity Accelerated 9 Buffer ETF April (XBAP) for Q4 2025, worth a combined $120M — down 8.5% from $131M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new XBAP positions and 3 closed out — a net gain of 2 holders — while 14 added to existing stakes and 22 trimmed.
The largest buyer was Lido Advisors, opening a new position worth an estimated $40.4M. The largest seller was Susquehanna International Group, cutting an estimated $828K.
- 54 institutional investors held Innovator US Equity Accelerated 9 Buffer ETF April (XBAP) as of Q4 2025, up from 52 in Q3 2025.
- Funds reported $120M of Innovator US Equity Accelerated 9 Buffer ETF April stock for Q4 2025, down 8.5% quarter-over-quarter.
- 5 funds opened new Innovator US Equity Accelerated 9 Buffer ETF April positions in Q4 2025 and 3 closed out, a net change of +2 holders.
- The largest Innovator US Equity Accelerated 9 Buffer ETF April buyer in Q4 2025 was Lido Advisors, an estimated $40.4M added.
- The largest Innovator US Equity Accelerated 9 Buffer ETF April seller in Q4 2025 was Susquehanna International Group, an estimated $828K sold.
Based on aggregated 13F filings for Q4 2025.