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ZSEP

Innovator Equity Defined Protection ETF - 1 Yr September
ZSEP

77 hedge funds and large institutions have $100M invested in Innovator Equity Defined Protection ETF - 1 Yr September in 2025 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 24 increasing their positions, 12 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

350% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 6

116% more capital invested

Capital invested by funds: $46.4M → $100M (+$53.8M)

100% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 12

35% more funds holding

Funds holding: 57 → 77 (+20)

9.28% more ownership

Funds ownership: 60.81% → 70.08% (+9.3%)

Holders
77
Holders Change
+20
Holders Change %
+35.09%
% of All Funds
1.01%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.01%
New
27
Increased
24
Reduced
12
Closed
6
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
S
SignatureFD
Georgia
+$7.41M
2
LC
Legacy CG
Texas
+$7.06M
3
AWM
AE Wealth Management
Kansas
+$4.57M
4
Truist Financial
Truist Financial
North Carolina
+$3.4M
5
KAS
Kestra Advisory Services
Texas
+$3.19M

Top Sellers

Rank Fund Capital Flow
1
CF
Centaurus Financial
California
-$1.21M
2
OMC
Old Mission Capital
Illinois
-$804K
3
AWA
Arete Wealth Advisors
Illinois
-$680K
4
PWA
Physician Wealth Advisors
Utah
-$540K
5
FA
FC Advisory
Pennsylvania
-$216K
Name Holding Trade Value Shares
Change 		Change in
Stake
TSW
26
Three Seasons Wealth
Utah
$876K +$866K +33,056 New
IAS
27
Integrity Advisory Solutions
Texas
$835K +$827K +31,537 New
M1FG
28
Mach-1 Financial Group
Arkansas
$835K +$827K +31,537 New
ASN
29
Advisory Services Network
Georgia
$788K +$398K +15,172 +104%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$742K -$82.6K -3,153 -10%
LWA
31
Lineweaver Wealth Advisors
Ohio
$707K +$699K +26,677 New
MML Investors Services
32
MML Investors Services
Massachusetts
$673K +$246K +9,392 +59%
CVA
33
Central Valley Advisors
California
$631K +$624K +23,815 New
BPA
34
Beacon Pointe Advisors
California
$568K +$562K +21,453 New
CWS
35
Cypress Wealth Services
California
$557K – – –
HI
36
Harbour Investments
Wisconsin
$515K +$147K +5,591 +40%
GEA
37
Glen Eagle Advisors
New Jersey
$489K – – –
AIC
38
Archer Investment Corporation
Indiana
$452K +$166K +6,352 +59%
KWA
39
Kellett Wealth Advisors
Ohio
$450K +$446K +17,000 New
CFS
40
Commonwealth Financial Services
West Virginia
$442K -$36.7K -1,400 -8%
W
41
WorthPointe
California
$434K – – –
SPIA
42
Steward Partners Investment Advisory
New York
$413K – – –
MSFS
43
Main Street Financial Solutions
Pennsylvania
$409K +$405K +15,448 New
OMC
44
Old Mission Capital
Illinois
$399K -$804K -30,690 -67%
CB
45
Chris Bulman
California
$392K +$388K +14,815 New
SFA
46
Souders Financial Advisors
Ohio
$390K – – –
BTWM
47
Brass Tax Wealth Management
Ohio
$377K +$373K +14,230 New
FA
48
FC Advisory
Pennsylvania
$372K -$216K -8,247 -37%
MA
49
Mutual Advisors
Nebraska
$368K +$107K +4,090 +42%
TF
50
Trek Financial
Arizona
$350K – – –
1
2
3 4

ZSEP Hedge Fund Activity: Q3 2025 in Review

77 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) for Q3 2025, worth a combined $100M — up 116% from $46.4M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new ZSEP positions and 6 closed out — a net gain of 21 holders — while 24 added to existing stakes and 12 trimmed.

The largest buyer was SignatureFD, opening a new position worth an estimated $7.41M. The largest seller was Centaurus Financial, cutting an estimated $1.21M.

  • 77 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) as of Q3 2025, up from 57 in Q2 2025.
  • Funds reported $100M of Innovator Equity Defined Protection ETF - 1 Yr September stock for Q3 2025, up 116% quarter-over-quarter.
  • 27 funds opened new Innovator Equity Defined Protection ETF - 1 Yr September positions in Q3 2025 and 6 closed out, a net change of +21 holders.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September buyer in Q3 2025 was SignatureFD, an estimated $7.41M added.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September seller in Q3 2025 was Centaurus Financial, an estimated $1.21M sold.

Based on aggregated 13F filings for Q3 2025.