Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (BMAY)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +16
Streak
1Q ▲
Buyers last Q
66%

Smart Money Signals — BMAY

Based on 99 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 BMAY 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
99 hedge funds hold BMAY 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.
📶

Steady growth — +15% more funds vs a year ago

fund count last 6Q
+13 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 66% buying

55 buying28 selling
Last quarter: 55 funds were net buyers (23 opened a brand new position + 32 added to an existing one). Only 28 were sellers (21 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+14 vs last Q)

new funds entering per quarter
Funds opening a new BMAY position: 6 → 15 → 9 → 23. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

57% of holders stayed for 2+ years

■ 57% conviction (2yr+) ■ 15% medium ■ 28% new
56 out of 99 hedge funds have held BMAY 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.
💰

Value +86% but shares only +64% — price-driven

Value
+85%
Shares
+64%
Last quarter: the total dollar value of institutional holdings rose +86%, but actual share count only changed +64%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

14 → 6 → 15 → 9 → 23 new funds/Q
New funds entering each quarter: 6 → 15 → 9 → 23. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 63% veterans vs 29% newcomers

■ 63% veterans ■ 8% 1-2yr ■ 29% new
Entry-cohort mix of 99 holders: 62 (63%) are 2+ year veterans, 8 entered 1–2 years ago, and 29 (29%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
7 of 99 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
3.9
out of 10
Low Exit Risk
Exit risk score 3.9/10 — 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 — BMAY

In 2026 Q2, 55 hedge funds were net buyers of BMAY (23 opened a new position, 32 added to an existing one), while 28 reduced or exited (21 trimmed, 7 sold completely) — a 66% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +16 funds (more new holders than closures). Total institutional holders: 99.

Hedge Fund Ownership: BMAY

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

Market Analysis: BMAY

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: BMAY

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

Loading signal freshness…
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
0.7
/ 10
conviction
Hedge Fund Positioning: BMAY
99 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 99 83 19.28%
13F Shares 4M 2M 64.28%
Total Value $147M $79M 85.82%
New Positions 23 9 +14
Increased Positions 32 4 +28
Closed Positions 7 12 -5
Reduced Positions 21 38 -17
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: BMAY

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Institutional Holders (2026 Q2)

99 + investors

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

QUARTER:
Top 25 BMAY holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Valtinson Bruner Financial Planning LLC 2.25% 189,813 $9.0M
2 TopTier Wealth Management, LLC 1.03% 36,112 $1.7M
3 Blue Bell Private Wealth Management, LLC 0.56% 94,047 $4.5M
4 Brookstone Capital Management 0.48% 1,018,268 $48.2M
5 Integral Investment Advisors, INC. 0.39% 37,478 $1.8M
6 Beck Capital Management, LLC 0.35% 39,972 $1.9M
7 Lantz Financial LLC 0.33% 37,903 $1.8M
8 Corrado Advisors, LLC 0.31% 14,324 $678K
9 Diligent Investors, LLC 0.29% 27,475 $1.3M
10 Chris Bulman Inc 0.29% 16,507 $782K
11 DHJJ Financial Advisors, Ltd. 0.26% 18,973 $898K
12 My Personal CFO, LLC 0.24% 12,990 $615K
13 Maltin Wealth Management, Inc. 0.21% 13,414 $635K
14 IMG Wealth Management, Inc. 0.20% 7,607 $360K
15 Outlook Wealth Advisors, LLC 0.19% 18,300 $867K
16 Gill Capital Partners, LLC 0.19% 14,835 $702K
17 Weaver Capital Management LLC 0.17% 16,735 $751K
18 Selby Wealth Management, LLC 0.15% 9,035 $428K
19 Orion Capital Management LLC 0.12% 8,500 $402K
20 Cornerstone Wealth, LLC/TN 0.12% 4,774 $228K
21 Ballast Rock Private Wealth LLC 0.11% 5,187 $246K
22 Weaver Consulting Group 0.11% 11,670 $553K
23 Allegiance Financial Group Advisory Services LLC 0.11% 13,114 $621K
24 FSA Advisors, Inc. 0.11% 4,869 $231K
25 COFG Advisors, LLC 0.10% 12,804 $606K
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 (BMAY)

What does the Smart Money Trend signal show for BMAY?

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

More buyers than sellers — 66% buying: Last quarter: 55 funds were net buyers (23 opened a brand new position + 32 added to an existing one). Only 28 were sellers (21 trimmed + 7 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for BMAY holders?

Smaller funds dominant — 4% AUM from top-100: 7 of 99 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held BMAY?

57% of holders stayed for 2+ years: 56 out of 99 hedge funds have held BMAY 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.

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