Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (BDEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +13
Streak
1Q ▲
Buyers last Q
68%

Smart Money Signals — BDEC

Based on 111 hedge funds · latest filing: 2025 Q4 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds added BDEC 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 (100% of max)

100% of all-time peak
111 hedge funds hold BDEC right now — the highest count in 3.0 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.
🚀

Fast accumulation — +22% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+22% YoY). That's a rapid rush of institutional money. Fast accumulation often signals a major thesis — but it also means the stock could fall quickly if that thesis breaks.
🟢

More buyers than sellers — 68% buying

61 buying29 selling
Last quarter: 61 funds were net buyers (20 opened a brand new position + 41 added to an existing one). Only 29 were sellers (22 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+12 vs last Q)

new funds entering per quarter
Funds opening a new BDEC position: 11 → 8 → 8 → 20. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 22% medium ■ 19% new
66 out of 111 hedge funds have held BDEC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
📈

Growing discovery — still being found

18 → 11 → 8 → 8 → 20 new funds/Q
New funds entering each quarter: 11 → 8 → 8 → 20. A growing number of institutions are discovering BDEC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 59% of holders stayed 2+ years

■ 59% veterans ■ 14% 1-2yr ■ 28% new
Of 111 current holders: 65 (59%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
📋

Smaller funds dominant — 3% AUM from top-100

3% from top-100 AUM funds
7 of 111 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.7
out of 10
Low Exit Risk
Exit risk score 3.7/10 — 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.

Hedge Fund Ownership: BDEC

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

Market Analysis: BDEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BDEC

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

7 top-rated funds 0 high-conviction
Consensus
3.9
/ 10
breadth
×
Elite
1.1
/ 10
conviction
Hedge Fund Positioning: BDEC
2026 Q1 Stats Unlock in 10 days 111 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 111 98 13.27%
13F Shares 4M 3M 28.42%
Total Value $183M $138M 32.83%
New Positions 20 8 +12
Increased Positions 41 12 +29
Closed Positions 7 8 -1
Reduced Positions 22 43 -21
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BDEC

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
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Institutional Holders (2026 Q1)

111 + investors

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

Top 25 institutional holders of BDEC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 TopTier Wealth Management, LLC 1.45% 49,002 $2.4M
2 My Personal CFO, LLC 1.39% 66,181 $3.2M
3 Chris Bulman Inc 1.08% 51,423 $2.5M
4 FSA Advisors, Inc. 0.82% 25,900 $1.2M
5 NovaPoint Capital, LLC 0.58% 48,529 $2.3M
6 INTEGRAL INVESTMENT ADVISORS, INC. 0.39% 32,384 $1.6M
7 Brookstone Capital Management 0.39% 703,370 $33.8M
8 FWG Investments, LLC. 0.36% 11,695 $561K
9 BCS Wealth Management 0.26% 26,666 $1.3M
10 Three Seasons Wealth, LLC 0.24% 13,275 $637K
11 Lantz Financial LLC 0.23% 22,725 $1.1M
12 WEALTHGARDEN F.S. LLC 0.22% 6,674 $320K
13 Pinnacle Wealth Management Group, Inc. 0.21% 9,000 $432K
14 DHJJ Financial Advisors, Ltd. 0.21% 12,995 $624K
15 Outlook Wealth Advisors, LLC 0.16% 13,457 $646K
16 WealthPLAN Partners, LLC 0.15% 16,021 $769K
17 Seros Financial, LLC 0.14% 4,577 $220K
18 Valtinson Bruner Financial Planning LLC 0.13% 9,539 $458K
19 Beacon Financial Advisory LLC 0.12% 11,435 $549K
20 Strategic Blueprint, LLC 0.12% 41,798 $2.0M
21 MILESTONE ASSET MANAGEMENT, LLC 0.11% 12,873 $618K
22 Archer Investment Corp 0.11% 10,572 $507K
23 Wheelhouse Advisory Group LLC 0.10% 6,020 $289K
24 WealthPlan Investment Management, LLC 0.08% 29,508 $1.4M
25 Krilogy Financial LLC 0.05% 31,495 $1.6M
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 (BDEC)

What does the Smart Money Trend signal show for BDEC?

Buying streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds added BDEC 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 BDEC?

More buyers than sellers — 68% buying: Last quarter: 61 funds were net buyers (20 opened a brand new position + 41 added to an existing one). Only 29 were sellers (22 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BDEC holders?

Smaller funds dominant — 3% AUM from top-100: 7 of 111 holders rank in the top 100 by AUM, but together hold only 3% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BDEC?

59% of holders stayed for 2+ years: 66 out of 111 hedge funds have held BDEC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

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.