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ZMAR

Innovator Equity Defined Protection ETF - 1 Yr March
ZMAR

57 hedge funds and large institutions have $60.2M invested in Innovator Equity Defined Protection ETF - 1 Yr March in 2025 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

380% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 5

71% more repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 7

53% more capital invested

Capital invested by funds: $39.4M → $60.2M (+$20.8M)

46% more funds holding

Funds holding: 39 → 57 (+18)

17.73% more ownership

Funds ownership: 39.73% → 57.46% (+18%)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

Holders
57
Holders Change
+18
Holders Change %
+46.15%
% of All Funds
0.75%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.01%
New
24
Increased
12
Reduced
7
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CWMK
Caliber Wealth Management (Kansas)
Kansas
+$20.7M
2
MMA
Miracle Mile Advisors
California
+$2.07M
3
AIC
Archer Investment Corporation
Indiana
+$2.02M
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.41M
5
BWM
Brown Wealth Management
Illinois
+$1.35M

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$5.13M
2
FFS
Founders Financial Securities
Maryland
-$3.19M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$844K
4
AAS
Avantax Advisory Services
Texas
-$583K
5
NA
NewEdge Advisors
Louisiana
-$555K
Name Holding Trade Value Shares
Change 		Change in
Stake
BPA
26
Beacon Pointe Advisors
California
$333K – – –
TF
27
Trek Financial
Arizona
$316K – – –
KWM
28
KFG Wealth Management
Indiana
$279K – – –
Cambridge Investment Research Advisors
29
Cambridge Investment Research Advisors
Iowa
$269K +$264K +10,143 New
HighTower Advisors
30
HighTower Advisors
Illinois
$264K +$259K +9,959 New
WS
31
Wedbush Securities
California
$264K +$259K +9,946 New
AA
32
Apriem Advisors
California
$257K +$252K +9,700 New
CA
33
CGN Advisors
Kansas
$257K – – –
LAM
34
Lifestyle Asset Management
Texas
$250K +$245K +9,428 New
BCI
35
Brinker Capital Investments
Pennsylvania
$247K +$242K +9,310 New
WFAG
36
Worth Financial Advisory Group
North Carolina
$243K – – –
CA
37
Continuum Advisory
Idaho
$243K +$187K +7,205 +370%
KWA
38
Kingswood Wealth Advisors
California
$241K – – –
FA
39
FSA Advisors
Michigan
$233K +$229K +8,804 New
CW
40
CreativeOne Wealth
Kansas
$226K +$222K +8,527 New
TWM
41
Tradition Wealth Management
Minnesota
$224K +$220K +8,446 New
HAS
42
HBW Advisory Services
California
$223K +$218K +8,400 New
AFP
43
Ausdal Financial Partners
Iowa
$221K +$13.2K +509 +6%
HF
44
HRT Financial
New York
$217K +$213K +8,209 New
VFPW
45
Vantage Financial Partners (Wisconsin)
Wisconsin
$212K +$207K +7,983 New
ATPW
46
Ashton Thomas Private Wealth
Arizona
$205K +$201K +7,732 New
SB
47
Strategic Blueprint
Georgia
$205K -$50.1K -1,926 -20%
EWM
48
Evolution Wealth Management
Florida
$169K +$166K +6,379 New
PS
49
Principal Securities
Iowa
$133K +$130K +5,002 New
IA
50
IFP Advisors
Florida
$131K +$129K +4,946 New
1
2
3

ZMAR Hedge Fund Activity: Q2 2025 in Review

57 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR) for Q2 2025, worth a combined $60.2M — up 53% from $39.4M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new ZMAR positions and 5 closed out — a net gain of 19 holders — while 12 added to existing stakes and 7 trimmed.

The largest buyer was Caliber Wealth Management (Kansas), opening a new position worth an estimated $20.7M. The largest seller was Jane Street, exiting entirely with an estimated $5.13M sold.

  • 57 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR) as of Q2 2025, up from 39 in Q1 2025.
  • Funds reported $60.2M of Innovator Equity Defined Protection ETF - 1 Yr March stock for Q2 2025, up 53% quarter-over-quarter.
  • 24 funds opened new Innovator Equity Defined Protection ETF - 1 Yr March positions in Q2 2025 and 5 closed out, a net change of +19 holders.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr March buyer in Q2 2025 was Caliber Wealth Management (Kansas), an estimated $20.7M added.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr March seller in Q2 2025 was Jane Street, an estimated $5.13M sold.

Based on aggregated 13F filings for Q2 2025.