Innovator Equity Defined Protection ETF - 1 Yr February
ZFEB
77 hedge funds and large institutions have $66.6M invested in Innovator Equity Defined Protection ETF - 1 Yr February in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 27 reducing their positions, and 9 closing their positions.
1.26% more ownership
Funds ownership: 57.66% → 58.92% (+1.3%)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
1% less funds holding
Funds holding: 78 → 77 (-1)
7% less capital invested
Capital invested by funds: $71.6M → $66.6M (-$5.03M)
78% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.36M |
| 2 |
SWGC
Summit Wealth Group (Colorado)
Colorado Springs,
Colorado
|
+$350K |
| 3 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$308K |
| 4 |
AWC
Adamsbrown Wealth Consultants
Wichita,
Kansas
|
+$268K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$207K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.87M |
| 2 |
M1FG
Mach-1 Financial Group
Rogers,
Arkansas
|
-$1.76M |
| 3 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
-$1.46M |
| 4 |
HAS
HBW Advisory Services
Simi Valley,
California
|
-$1.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.06M |
ZFEB Hedge Fund Activity: Q4 2025 in Review
77 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr February (ZFEB) for Q4 2025, worth a combined $66.6M — down 7% from $71.6M a quarter earlier.
Fund positioning in ZFEB was balanced in Q4 2025: 9 funds opened new positions, 9 closed out, 6 added to existing stakes and 27 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.36M. The largest seller was AE Wealth Management, cutting an estimated $1.87M.
- 77 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr February (ZFEB) as of Q4 2025, down from 78 in Q3 2025.
- Funds reported $66.6M of Innovator Equity Defined Protection ETF - 1 Yr February stock for Q4 2025, down 7% quarter-over-quarter.
- 9 funds opened new Innovator Equity Defined Protection ETF - 1 Yr February positions in Q4 2025 and 9 closed out, a net change of 0 holders.
- The largest Innovator Equity Defined Protection ETF - 1 Yr February buyer in Q4 2025 was Susquehanna International Group, an estimated $2.36M added.
- The largest Innovator Equity Defined Protection ETF - 1 Yr February seller in Q4 2025 was AE Wealth Management, an estimated $1.87M sold.
Based on aggregated 13F filings for Q4 2025.