Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (NAPR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +9
Streak
3Q ▲
Buyers last Q
60%

Smart Money Signals — NAPR

Based on 107 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 3 quarters in a row

last 6Q
For 3 consecutive quarters, more hedge funds added NAPR 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
107 hedge funds hold NAPR 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 — +13% more funds vs a year ago

fund count last 6Q
+12 new funds entered over the past year (+13% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 60% buying

50 buying34 selling
Last quarter: 50 funds were net buyers (14 opened a brand new position + 36 added to an existing one). Only 34 were sellers (29 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
➡️

Steady new buyers — ~14 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 11 → 14 → 10 → 14. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

53% of holders stayed for 2+ years

■ 53% conviction (2yr+) ■ 21% medium ■ 25% new
57 out of 107 hedge funds have held NAPR 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.
➡️

Steady discovery — ~14 new funds/quarter

20 → 11 → 14 → 10 → 14 new funds/Q
New funds entering each quarter: 11 → 14 → 10 → 14. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 53% veterans vs 34% newcomers

■ 53% veterans ■ 13% 1-2yr ■ 34% new
Entry-cohort mix of 107 holders: 57 (53%) are 2+ year veterans, 14 entered 1–2 years ago, and 36 (34%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 6% AUM from top-100

6% from top-100 AUM funds
9 of 106 holders rank in the top 100 by AUM, but together hold only 6% 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 — NAPR

In 2026 Q2, 50 hedge funds were net buyers of NAPR (14 opened a new position, 36 added to an existing one), while 34 reduced or exited (29 trimmed, 5 sold completely) — a 60% buyer ratio, indicating clear institutional accumulation. This marks 3 consecutive quarters of net institutional buying — a persistent conviction signal. Net fund flow last quarter: +9 funds (more new holders than closures). Total institutional holders: 107.

Hedge Fund Ownership: NAPR

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

Market Analysis: NAPR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NAPR

-- --

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 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.4
/ 10
conviction
Hedge Fund Positioning: NAPR
105 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 105 98 7.14%
13F Shares 2M 2M 9.64%
Total Value $136M $115M 19.09%
New Positions 14 10 +4
Increased Positions 36 18 +18
Closed Positions 6 9 -3
Reduced Positions 29 47 -18
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NAPR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

105 + investors

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

QUARTER:
Top 25 NAPR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Red Crane Wealth Management, LLC 3.15% 72,367 $4.3M
2 Forty-three Eighteen Advisors, LLC 1.36% 34,166 $2.0M
3 Corrado Advisors, LLC 0.69% 25,403 $1.5M
4 PlanVest Financial, Inc 0.60% 15,236 $902K
5 Cornerstone Wealth, LLC/TN 0.53% 17,683 $1.0M
6 Outlook Wealth Advisors, LLC 0.44% 34,531 $2.0M
7 FSA Advisors, Inc. 0.40% 14,598 $864K
8 Gwn Securities INC. 0.36% 36,547 $2.2M
9 Tradition Wealth Management, LLC 0.34% 93,567 $5.5M
10 Diligent Investors, LLC 0.30% 22,870 $1.4M
11 Arlington Capital Management, Inc. 0.29% 7,856 $465K
12 Liberty Atlantic Advisors LLC 0.28% 6,582 $390K
13 DHJJ Financial Advisors, Ltd. 0.28% 16,289 $964K
14 Prairie Wealth Advisors, Inc. 0.28% — $1.2M
15 Fiduciary Financial Advisors 0.27% 45,513 $2.7M
16 Cambridge Advisors Inc. 0.27% 26,629 $1.6M
17 TrustBank 0.25% 12,614 $747K
18 BCS Wealth Management 0.20% 18,407 $1.1M
19 Keystone Wealth Services, LLC 0.17% 15,124 $895K
20 Collaborative Wealth Managment Inc. 0.16% 6,455 $382K
21 Valtinson Bruner Financial Planning LLC 0.14% 9,463 $560K
22 Navis Wealth Advisors, LLC 0.12% 5,514 $326K
23 Mtm Financial Group, LLC 0.12% 4,730 $280K
24 Beacon Financial Advisory LLC 0.10% 8,872 $525K
25 Long Island Wealth Management, Inc. 0.09% 3,510 $208K
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 (NAPR)

What does the Smart Money Trend signal show for NAPR?

Buying streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds added NAPR 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 NAPR?

More buyers than sellers — 60% buying: Last quarter: 50 funds were net buyers (14 opened a brand new position + 36 added to an existing one). Only 34 were sellers (29 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for NAPR holders?

Smaller funds dominant — 6% AUM from top-100: 9 of 106 holders rank in the top 100 by AUM, but together hold only 6% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NAPR?

53% of holders stayed for 2+ years: 57 out of 107 hedge funds have held NAPR 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.

Full history →