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ZNOV

Innovator Equity Defined Protection ETF - 1 Yr November
ZNOV

79 hedge funds and large institutions have $74.4M invested in Innovator Equity Defined Protection ETF - 1 Yr November in 2025 Q4 according to their latest regulatory filings, with 45 funds opening new positions, 19 increasing their positions, 12 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

2,150% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 2

160% more capital invested

Capital invested by funds: $28.6M → $74.4M (+$45.8M)

119% more funds holding

Funds holding: 36 → 79 (+43)

58% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 12

3.01% more ownership

Funds ownership: 59.33% → 62.34% (+3%)

Holders
79
Holders Change
+43
Holders Change %
+119.44%
% of All Funds
0.96%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
45
Increased
19
Reduced
12
Closed
2
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$8.08M
2
Truist Financial
Truist Financial
North Carolina
+$3.23M
3
SC
Syon Capital
California
+$3.04M
4
HI
Harbour Investments
Wisconsin
+$2.37M
5
AWM
AE Wealth Management
Kansas
+$2.36M

Top Sellers

1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.37M
2
OMC
Old Mission Capital
Illinois
-$430K
3
BCI
Brinker Capital Investments
Pennsylvania
-$295K
4
Carson Wealth (CWM LLC)
Carson Wealth (CWM LLC)
Nebraska
-$289K
5
FA
FC Advisory
Pennsylvania
-$274K
Name Holding Trade Value Shares
Change 		Change in
Stake
Cambridge Investment Research Advisors
1
Cambridge Investment Research Advisors
Iowa
$8.4M +$8.08M +304,353 +2,921%
NA
2
NewEdge Advisors
Louisiana
$6.78M +$2.22M +83,585 +49%
Carson Wealth (CWM LLC)
3
Carson Wealth (CWM LLC)
Nebraska
$3.6M -$289K -10,892 -7%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$3.36M +$1.86M +70,094 +125%
Truist Financial
5
Truist Financial
North Carolina
$3.25M +$3.23M +121,884 New
SC
6
Syon Capital
California
$3.06M +$3.04M +114,589 New
KAS
7
Kestra Advisory Services
Texas
$2.59M +$1.13M +42,567 +78%
AWM
8
AE Wealth Management
Kansas
$2.42M +$2.36M +89,038 +5,697%
HI
9
Harbour Investments
Wisconsin
$2.38M +$2.37M +89,182 New
William Blair & Company
10
William Blair & Company
Illinois
$2.18M -$106K -4,000 -5%
TWP
11
Triad Wealth Partners
Kansas
$2.02M +$880K +33,166 +78%
LWA
12
Lineweaver Wealth Advisors
Ohio
$1.73M +$1.37M +51,743 +399%
Raymond James Financial
13
Raymond James Financial
Florida
$1.66M +$1.65M +62,368 New
BWM
14
Brown Wealth Management
Illinois
$1.6M +$1.6M +60,150 New
CWS
15
Cypress Wealth Services
California
$1.6M -$106K -4,013 -6%
AWM
16
Axxcess Wealth Management
California
$1.51M +$1.5M +56,516 New
Cetera Investment Advisers
17
Cetera Investment Advisers
Illinois
$1.35M +$967K +36,450 +258%
ATPW
18
Ashton Thomas Private Wealth
Arizona
$1.29M -$200K -7,526 -13%
CAG
19
Csenge Advisory Group
Florida
$1.23M +$1.23M +46,230 New
BCM
20
Brookstone Capital Management
Illinois
$1.18M +$700K +26,384 +148%
HBS
21
Howard Bailey Securities
Indiana
$1.04M +$1.04M +39,031 New
AWA
22
Authentikos Wealth Advisory
California
$964K +$959K +36,151 New
Osaic Holdings
23
Osaic Holdings
Arizona
$959K +$659K +24,845 +224%
BCI
24
Brinker Capital Investments
Pennsylvania
$939K -$295K -11,106 -24%
AF
25
Advisornet Financial
Minnesota
$921K – – –
1
2 3 4

ZNOV Hedge Fund Activity: Q4 2025 in Review

79 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr November (ZNOV) for Q4 2025, worth a combined $74.4M — up 160% from $28.6M a quarter earlier.

Buyers outnumbered sellers: 45 funds opened new ZNOV positions and 2 closed out — a net gain of 43 holders — while 19 added to existing stakes and 12 trimmed.

The largest buyer was Cambridge Investment Research Advisors, adding an estimated $8.08M. The largest seller was Susquehanna International Group, cutting an estimated $1.37M.

  • 79 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr November (ZNOV) as of Q4 2025, up from 36 in Q3 2025.
  • Funds reported $74.4M of Innovator Equity Defined Protection ETF - 1 Yr November stock for Q4 2025, up 160% quarter-over-quarter.
  • 45 funds opened new Innovator Equity Defined Protection ETF - 1 Yr November positions in Q4 2025 and 2 closed out, a net change of +43 holders.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr November buyer in Q4 2025 was Cambridge Investment Research Advisors, an estimated $8.08M added.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr November seller in Q4 2025 was Susquehanna International Group, an estimated $1.37M sold.

Based on aggregated 13F filings for Q4 2025.