Innovator Equity Defined Protection ETF - 1 Yr May
ZMAY
24 hedge funds and large institutions have $12.8M invested in Innovator Equity Defined Protection ETF - 1 Yr May in 2025 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
20% more funds holding
Funds holding: 20 → 24 (+4)
8% more capital invested
Capital invested by funds: $11.9M → $12.8M (+$943K)
2.03% more ownership
Funds ownership: 32% → 34.03% (+2%)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWA
Lineweaver Wealth Advisors
Valley View,
Ohio
|
+$867K |
| 2 |
FFA
Farther Finance Advisors
San Francisco,
California
|
+$614K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$499K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$399K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.41M |
| 2 |
TFA
TPG Financial Advisors
Portland,
Oregon
|
-$242K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$102K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$98.5K |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$33.8K |
ZMAY Hedge Fund Activity: Q3 2025 in Review
24 of the 7,624 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) for Q3 2025, worth a combined $12.8M — up 7.9% from $11.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ZMAY positions and 2 closed out — a net gain of 4 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Lineweaver Wealth Advisors, opening a new position worth an estimated $867K. The largest seller was Jane Street, exiting entirely with an estimated $1.41M sold.
- 24 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) as of Q3 2025, up from 20 in Q2 2025.
- Funds reported $12.8M of Innovator Equity Defined Protection ETF - 1 Yr May stock for Q3 2025, up 7.9% quarter-over-quarter.
- 6 funds opened new Innovator Equity Defined Protection ETF - 1 Yr May positions in Q3 2025 and 2 closed out, a net change of +4 holders.
- The largest Innovator Equity Defined Protection ETF - 1 Yr May buyer in Q3 2025 was Lineweaver Wealth Advisors, an estimated $867K added.
- The largest Innovator Equity Defined Protection ETF - 1 Yr May seller in Q3 2025 was Jane Street, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2025.