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ZSEP

Innovator Equity Defined Protection ETF - 1 Yr September
ZSEP

57 hedge funds and large institutions have $46.4M invested in Innovator Equity Defined Protection ETF - 1 Yr September in 2025 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 18 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 6 | Existing positions closed: 3

7% more capital invested

Capital invested by funds: $43.4M → $46.4M (+$3.04M)

6% more funds holding

Funds holding: 54 → 57 (+3)

2.78% more ownership

Funds ownership: 58.03% → 60.81% (+2.8%)

72% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 18

Holders
57
Holders Change
+3
Holders Change %
+5.56%
% of All Funds
0.75%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
5
Reduced
18
Closed
3
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
AWA
Authentikos Wealth Advisory
California
+$4.25M
2
OMC
Old Mission Capital
Illinois
+$1.15M
3
Citadel Advisors
Citadel Advisors
Florida
+$471K
4
Envestnet Asset Management
Envestnet Asset Management
Illinois
+$284K
5
Raymond James Financial
Raymond James Financial
Florida
+$214K

Top Sellers

Rank Fund Capital Flow
1
NA
NewEdge Advisors
Louisiana
-$1.99M
2
AA
Advisory Alpha
Michigan
-$1.32M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$748K
4
SWM
Spire Wealth Management
Virginia
-$289K
5
CWS
Cypress Wealth Services
California
-$205K
Name Holding Trade Value Shares
Change 		Change in
Stake
SPIA
26
Steward Partners Investment Advisory
New York
$403K – – –
Osaic Holdings
27
Osaic Holdings
Arizona
$388K -$55.3K -2,191 -13%
SFA
28
Souders Financial Advisors
Ohio
$381K – – –
ASN
29
Advisory Services Network
Georgia
$380K – – –
HI
30
Harbour Investments
Wisconsin
$358K -$8.9K -353 -2%
TF
31
Trek Financial
Arizona
$342K – – –
SIA
32
Soltis Investment Advisors
Utah
$324K -$984 -39 -0.3%
W
33
WPWealth
Texas
$302K – – –
AIC
34
Archer Investment Corporation
Indiana
$278K – – –
AA
35
Advisory Alpha
Michigan
$266K -$1.32M -52,360 -84%
MA
36
Mutual Advisors
Nebraska
$255K – – –
TWM
37
Tradition Wealth Management
Minnesota
$241K – – –
CA
38
Continuum Advisory
Idaho
$238K – – –
MFG
39
MTM Financial Group
Pennsylvania
$220K – – –
CA
40
Clearstead Advisors
Ohio
$220K – – –
Raymond James Financial
41
Raymond James Financial
Florida
$219K +$214K +8,478 New
HWM
42
HFG Wealth Management
Texas
$216K +$14.4K +570 +7%
Susquehanna International Group
43
Susquehanna International Group
Pennsylvania
$213K -$748K -29,667 -78%
VWA
44
Visionary Wealth Advisors
Illinois
$210K – – –
MFGM
45
Marshall Financial Group (Maryland)
Maryland
$210K – – –
SVWAG
46
Sound View Wealth Advisors Group
Georgia
$209K – – –
AWM
47
AE Wealth Management
Kansas
$139K -$104K -4,140 -44%
ABWM
48
Alpine Bank Wealth Management
Colorado
$116K – – –
PS
49
Principal Securities
Iowa
$84.1K – – –
EWM
50
Evolution Wealth Management
Florida
$56.2K +$54.8K +2,172 New
1
2
3

ZSEP 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 September (ZSEP) for Q2 2025, worth a combined $46.4M — up 7% from $43.4M a quarter earlier.

Buyers outnumbered sellers: 6 funds opened new ZSEP positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 18 trimmed.

The largest buyer was Authentikos Wealth Advisory, opening a new position worth an estimated $4.25M. The largest seller was NewEdge Advisors, exiting entirely with an estimated $1.99M sold.

  • 57 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) as of Q2 2025, up from 54 in Q1 2025.
  • Funds reported $46.4M of Innovator Equity Defined Protection ETF - 1 Yr September stock for Q2 2025, up 7% quarter-over-quarter.
  • 6 funds opened new Innovator Equity Defined Protection ETF - 1 Yr September positions in Q2 2025 and 3 closed out, a net change of +3 holders.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September buyer in Q2 2025 was Authentikos Wealth Advisory, an estimated $4.25M added.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September seller in Q2 2025 was NewEdge Advisors, an estimated $1.99M sold.

Based on aggregated 13F filings for Q2 2025.