Innovator US Equity 10 Buffer ETF Quarterly
ZALT
93 hedge funds and large institutions have $500M invested in Innovator US Equity 10 Buffer ETF Quarterly in 2025 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 4 closing their positions.
300% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 4
104% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 23
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
13% more funds holding
Funds holding: 82 → 93 (+11)
11% more capital invested
Capital invested by funds: $451M → $500M (+$48.8M)
2.36% less ownership
Funds ownership: 82.2% → 79.83% (-2.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthquest
Cincinnati,
Ohio
|
+$8.68M |
| 2 |
PCA
Prosperity Capital Advisors
Westlake,
Ohio
|
+$6.6M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$4.35M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.83M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PGWM
Pitti Group Wealth Management
Victor,
New York
|
-$9.75M |
| 2 |
Jane Street
New York
|
-$1.68M |
| 3 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$1.09M |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
-$1.05M |
| 5 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$708K |
ZALT Hedge Fund Activity: Q4 2025 in Review
93 of the 8,270 institutional investors tracked by Wall St. Rank reported a position in Innovator US Equity 10 Buffer ETF Quarterly (ZALT) for Q4 2025, worth a combined $500M — up 11% from $451M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new ZALT positions and 4 closed out — a net gain of 12 holders — while 47 added to existing stakes and 23 trimmed.
The largest buyer was Wealthquest, adding an estimated $8.68M. The largest seller was Pitti Group Wealth Management, cutting an estimated $9.75M.
- 93 institutional investors held Innovator US Equity 10 Buffer ETF Quarterly (ZALT) as of Q4 2025, up from 82 in Q3 2025.
- Funds reported $500M of Innovator US Equity 10 Buffer ETF Quarterly stock for Q4 2025, up 11% quarter-over-quarter.
- 16 funds opened new Innovator US Equity 10 Buffer ETF Quarterly positions in Q4 2025 and 4 closed out, a net change of +12 holders.
- The largest Innovator US Equity 10 Buffer ETF Quarterly buyer in Q4 2025 was Wealthquest, an estimated $8.68M added.
- The largest Innovator US Equity 10 Buffer ETF Quarterly seller in Q4 2025 was Pitti Group Wealth Management, an estimated $9.75M sold.
Based on aggregated 13F filings for Q4 2025.