Innovator Equity Defined Protection ETF - 1 Yr May
ZMAY
68 hedge funds and large institutions have $64.3M invested in Innovator Equity Defined Protection ETF - 1 Yr May in 2026 Q2 according to their latest regulatory filings, with 45 funds opening new positions, 14 increasing their positions, 5 reducing their positions, and 1 closing their positions.
4,400% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 1
276% more capital invested
Capital invested by funds: $17.1M → $64.3M (+$47.2M)
183% more funds holding
Funds holding: 24 → 68 (+44)
180% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 5
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14.72% more ownership
Funds ownership: 51.34% → 66.06% (+15%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$6.48M |
| 2 |
WAM
WealthCare Asset Management
Springfield,
Missouri
|
+$5.38M |
| 3 |
SC
Sykon Capital
Harrison,
New York
|
+$3.09M |
| 4 |
AWMI
Aegis Wealth Management (Iowa)
Guthrie Center,
Iowa
|
+$2.69M |
| 5 |
HBS
Howard Bailey Securities
Fort Wayne,
Indiana
|
+$2.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$291K |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
-$147K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$12.5K |
| 4 |
DFA
DHJJ Financial Advisors
Naperville,
Illinois
|
-$10.6K |
| 5 |
GWM
Gilpin Wealth Management
Denver,
Colorado
|
-$5.12K |
ZMAY Hedge Fund Activity: Q2 2026 in Review
68 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) for Q2 2026, worth a combined $64.3M — up 276% from $17.1M a quarter earlier.
Buyers outnumbered sellers: 45 funds opened new ZMAY positions and 1 closed out — a net gain of 44 holders — while 14 added to existing stakes and 5 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $6.48M. The largest seller was Susquehanna International Group, cutting an estimated $291K.
- 68 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr May (ZMAY) as of Q2 2026, up from 24 in Q1 2026.
- Funds reported $64.3M of Innovator Equity Defined Protection ETF - 1 Yr May stock for Q2 2026, up 276% quarter-over-quarter.
- 45 funds opened new Innovator Equity Defined Protection ETF - 1 Yr May positions in Q2 2026 and 1 closed out, a net change of +44 holders.
- The largest Innovator Equity Defined Protection ETF - 1 Yr May buyer in Q2 2026 was AE Wealth Management, an estimated $6.48M added.
- The largest Innovator Equity Defined Protection ETF - 1 Yr May seller in Q2 2026 was Susquehanna International Group, an estimated $291K sold.
Based on aggregated 13F filings for Q2 2026.