Innovator Equity Defined Protection ETF - 1 Yr March
ZMAR
61 hedge funds and large institutions have $55.5M invested in Innovator Equity Defined Protection ETF - 1 Yr March in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
2.99% more ownership
Funds ownership: 58.15% → 61.14% (+3%)
2% more funds holding
Funds holding: 60 → 61 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less capital invested
Capital invested by funds: $60.2M → $55.5M (-$4.76M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
+$654K |
| 2 |
WA
Waverly Advisors
Birmingham,
Alabama
|
+$382K |
| 3 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$285K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$257K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$124K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIC
Archer Investment Corporation
Carmel,
Indiana
|
-$1.91M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.88M |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$1.26M |
| 4 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$1.02M |
| 5 |
BWM
Buska Wealth Management
Wausau,
Wisconsin
|
-$417K |
ZMAR Hedge Fund Activity: Q4 2025 in Review
61 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR) for Q4 2025, worth a combined $55.5M — down 7.9% from $60.2M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ZMAR positions and 7 closed out — a net gain of 2 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Corient Private Wealth, adding an estimated $654K. The largest seller was Archer Investment Corporation, cutting an estimated $1.91M.
- 61 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr March (ZMAR) as of Q4 2025, up from 60 in Q3 2025.
- Funds reported $55.5M of Innovator Equity Defined Protection ETF - 1 Yr March stock for Q4 2025, down 7.9% quarter-over-quarter.
- 9 funds opened new Innovator Equity Defined Protection ETF - 1 Yr March positions in Q4 2025 and 7 closed out, a net change of +2 holders.
- The largest Innovator Equity Defined Protection ETF - 1 Yr March buyer in Q4 2025 was Corient Private Wealth, an estimated $654K added.
- The largest Innovator Equity Defined Protection ETF - 1 Yr March seller in Q4 2025 was Archer Investment Corporation, an estimated $1.91M sold.
Based on aggregated 13F filings for Q4 2025.