Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (AJAN)

43 + Investors. Track Smart Money conviction in AJAN. See who's accumulating, reducing, or initiating positions.

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Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +4
Streak
1Q ▲
Buyers last Q
49%

Smart Money Signals — AJAN

Based on 43 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added AJAN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
43 hedge funds hold AJAN right now — the highest count in 2.5 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding AJAN is almost the same as a year ago (-1 funds, -2% change). No significant rush to buy or sell — institutional backing is holding steady.
🟠

More sellers than buyers — 49% buying

17 buying18 selling
Last quarter: 18 funds reduced or exited vs 17 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
➡️

Steady new buyers — ~10 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 5 → 9 → 10. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
📌

Mixed — 37% long-term, 33% new

37% conviction (2yr+) 30% medium 33% new
Of the 43 current holders: 16 (37%) held >2 years, 13 held 1–2 years, and 14 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.
➡️

Steady discovery — ~10 new funds/quarter

1 → 5 → 5 → 9 → 10 new funds/Q
New funds entering each quarter: 5 → 5 → 9 → 10. Consistent flow of new institutional buyers without clear acceleration or slowdown.
📊

Mixed cohorts — 33% veterans, 33% new entrants

33% veterans 35% 1-2yr 33% new
Of 43 current holders: 14 (33%) held 2+ years, 15 held 1–2 years, 14 (33%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 7% AUM from top-100

7% from top-100 AUM funds
6 of 43 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.8
out of 10
Low Exit Risk
Exit risk score 3.8/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — AJAN

In 2026 Q2, 17 hedge funds were net buyers of AJAN (10 opened a new position, 7 added to an existing one), while 18 reduced or exited (12 trimmed, 6 sold completely) — a 49% buyer ratio, indicating roughly balanced activity. Net fund flow last quarter: +4 funds (more new holders than closures). Total institutional holders: 43.

Hedge Fund Ownership: AJAN

How many hedge funds hold AJAN — quarterly history vs. share price
Quarterly hedge fund ownership of AJAN vs. share price

Market Analysis: AJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: AJAN

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Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

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Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.1
/ 10
conviction
Hedge Fund Positioning: AJAN
43 + Investors

Track Smart Money conviction in AJAN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 43 39 10.26%
13F Shares 781K 707K 10.49%
Total Value $21M $19M 13.72%
New Positions 10 9 +1
Increased Positions 7 12 -5
Closed Positions 6 9 -3
Reduced Positions 12 9 +3
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: AJAN

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Institutional Holders (2026 Q2)

43 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in AJAN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 AJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Bernard Wealth Management Corp. 0.24% 22,509 $639K
2 Balance Wealth Partners LLC 0.14% 18,665 $530K
3 Kfg Wealth Management, LLC 0.11% 35,129 $997K
4 Bullock Wealth Management Group 0.10% 8,492 $241K
5 Milestone Asset Management, LLC 0.07% 15,312 $435K
6 Benson Wealth Management INC 0.05% 1,579 $45K
7 Integrity Advisory Solutions, LLC 0.04% 12,431 $353K
8 Gill Capital Partners, LLC 0.03% 3,570 $101K
9 Three Seasons Wealth, LLC 0.02% 8,113 $230K
10 SageView Advisory Group, LLC 0.02% 20,576 $569K
11 Tradition Wealth Management, LLC 0.02% 11,903 $338K
12 CoreCap Advisors, LLC 0.02% 20,083 $570K
13 Fragasso Financial Advisors Inc 0.02% 10,683 $303K
14 Mutual Advisors, LLC 0.01% 23,577 $669K
15 Old Mission Capital LLC 0.01% 13,290 $377K
16 Keating Financial Advisory Services, Inc. 0.01% 1,581 $45K
17 Kingsview Wealth Management, LLC 0.00% 8,783 $249K
18 Commonwealth Equity Services, LLC 0.00% 68,216 $1.9M
19 Mml Investors Services, LLC 0.00% 39,991 $1.1M
20 Harbour Investments, INC. 0.00% 5,691 $162K
21 Kestra Advisory Services, LLC 0.00% 21,046 $597K
22 Osaic Holdings, INC. 0.00% 56,485 $1.6M
23 Merit Financial Group, LLC 0.00% 10,268 $291K
24 Captrust Financial Advisors 0.00% 22,777 $646K
25 Farther Finance Advisors, LLC 0.00% 3,561 $101K
Investor Ownership
History
% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Innovator Etfs Trust (AJAN)

What does the Smart Money Trend signal show for AJAN?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added AJAN than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for AJAN?

More sellers than buyers — 49% buying: Last quarter: 18 funds reduced or exited vs 17 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for AJAN holders?

Smaller funds dominant — 7% AUM from top-100: 6 of 43 holders rank in the top 100 by AUM, but together hold only 7% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held AJAN?

Mixed — 37% long-term, 33% new: Of the 43 current holders: 16 (37%) held >2 years, 13 held 1–2 years, and 14 entered in the last year. A mixed base — the stock has long-term believers but also recent buyers who haven't been tested by a downturn yet.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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