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ZSEP

Innovator Equity Defined Protection ETF - 1 Yr September

54 hedge funds and large institutions have $43.4M invested in Innovator Equity Defined Protection ETF - 1 Yr September in 2025 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

4% less funds holding

Funds holding: 5654 (-2)

6.14% less ownership

Funds ownership: 64.17%58.03% (-6.1%)

32% less capital invested

Capital invested by funds: $63.6M → $43.4M (-$20.2M)

65% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 17

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
54
Holders Change
-2
Holders Change %
-3.57%
% of All Funds
0.72%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
5
Increased
6
Reduced
17
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Envestnet Asset Management
1
Envestnet Asset Management
Illinois
$9.94M +$221K +8,762 +2%
Commonwealth Equity Services
2
Commonwealth Equity Services
Massachusetts
$3.18M -$192K -7,619 -6%
CF
3
Centaurus Financial
California
$2.69M
HighTower Advisors
4
HighTower Advisors
Illinois
$2.45M -$410K -16,280 -14%
KWM
5
KFG Wealth Management
Indiana
$2.24M
NA
6
NewEdge Advisors
Louisiana
$1.99M
AA
7
Advisory Alpha
Michigan
$1.56M -$7.3K -290 -0.5%
KAS
8
Kestra Advisory Services
Texas
$1.28M -$151K -5,994 -10%
VFPW
9
Vantage Financial Partners (Wisconsin)
Wisconsin
$1.25M
MCC
10
Money Concepts Capital
Florida
$1.05M
CFS
11
CRA Financial Services
New Jersey
$1M
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$945K +$715K +28,391 +299%
Cetera Investment Advisers
13
Cetera Investment Advisers
Illinois
$923K -$667K -26,489 -42%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$845K -$2.17M -86,213 -72%
AWS
15
Atria Wealth Solutions
New York
$840K -$4.03K -160 -0.5%
CWS
16
Cypress Wealth Services
California
$727K
AWA
17
Arete Wealth Advisors
Illinois
$654K
BCM
18
Brookstone Capital Management
Illinois
$574K +$16.5K +656 +3%
FA
19
FC Advisory
Pennsylvania
$556K
PWA
20
Physician Wealth Advisors
Utah
$520K
GEA
21
Glen Eagle Advisors
New Jersey
$490K -$20.5K -815 -4%
CFS
22
Commonwealth Financial Services
West Virginia
$451K
Osaic Holdings
23
Osaic Holdings
Arizona
$428K +$194K +7,714 +82%
FA
24
FSA Advisors
Michigan
$422K +$184K +7,305 +76%
W
25
WorthPointe
California
$408K

ZSEP Hedge Fund Activity: Q1 2025 in Review

54 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) for Q1 2025, worth a combined $43.4M — down 32% from $63.6M a quarter earlier.

Fund positioning in ZSEP was balanced in Q1 2025: 5 funds opened new positions, 5 closed out, 6 added to existing stakes and 17 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $715K. The largest seller was Trek Financial, cutting an estimated $8.14M.

  • 54 institutional investors held Innovator Equity Defined Protection ETF - 1 Yr September (ZSEP) as of Q1 2025, down from 56 in Q4 2024.
  • Funds reported $43.4M of Innovator Equity Defined Protection ETF - 1 Yr September stock for Q1 2025, down 32% quarter-over-quarter.
  • 5 funds opened new Innovator Equity Defined Protection ETF - 1 Yr September positions in Q1 2025 and 5 closed out, a net change of 0 holders.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September buyer in Q1 2025 was Susquehanna International Group, an estimated $715K added.
  • The largest Innovator Equity Defined Protection ETF - 1 Yr September seller in Q1 2025 was Trek Financial, an estimated $8.14M sold.

Based on aggregated 13F filings for Q1 2025.