Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (NAPR)

95 + 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
↑ +2
Streak
1Q ▲
Buyers last Q
33%

Smart Money Signals — NAPR

Based on 95 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 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
95 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 — +12% more funds vs a year ago

fund count last 6Q
+10 new funds entered over the past year (+12% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 33% buying

28 buying56 selling
Last quarter: 56 funds sold vs only 28 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~13 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 13 → 20 → 10 → 13. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

54% of holders stayed for 2+ years

■ 54% conviction (2yr+) ■ 19% medium ■ 27% new
51 out of 95 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.
📊

Peak discovery — momentum slowing

14 → 13 → 20 → 10 → 13 new funds/Q
New funds entering each quarter: 13 → 20 → 10 → 13. NAPR is well-known in the hedge fund world, but fresh entries are gradually declining. The explosive phase of institutional discovery is likely behind us.
🏛️

Deep conviction — 55% of holders stayed 2+ years

■ 55% veterans ■ 13% 1-2yr ■ 33% new
Of 95 current holders: 52 (55%) 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
6 of 95 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.
4.7
out of 10
Moderate Exit Risk
Exit risk score 4.7/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

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 2025 Q4, 28 hedge funds were net buyers of NAPR (13 opened a new position, 15 added to an existing one), while 56 reduced or exited (45 trimmed, 11 sold completely) — a 33% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: +2 funds (more new holders than closures). Total institutional holders: 95.

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

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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
0.9
/ 10
conviction
Hedge Fund Positioning: NAPR
2026 Q1 Stats Unlock in 8 days 95 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 95 93 2.15%
13F Shares 2M 2M -3.85%
Total Value $124M $126M -1.45%
New Positions 13 10 +3
Increased Positions 15 20 -5
Closed Positions 11 11 -
Reduced Positions 45 40 +5
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NAPR

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Institutional Holders (2026 Q1)

95 + investors

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

Top 25 institutional holders of NAPR — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 FOCUS Wealth Advisors, LLC 5.91% 221,430 $12.1M
2 RED CRANE WEALTH MANAGEMENT, LLC 3.16% 70,324 $3.8M
3 Forty-three Eighteen Advisors, LLC 1.41% 34,166 $1.9M
4 CORRADO ADVISORS, LLC 0.75% 26,221 $1.4M
5 FSA Advisors, Inc. 0.53% 14,829 $810K
6 Prairie Wealth Advisors, Inc. 0.46% — $1.1M
7 Outlook Wealth Advisors, LLC 0.46% 34,834 $1.9M
8 Cambridge Advisors Inc. 0.31% 29,053 $1.6M
9 Liberty Atlantic Advisors LLC 0.31% 6,582 $360K
10 Optimist Retirement Group LLC 0.30% 12,469 $681K
11 Diligent Investors, LLC 0.28% 20,991 $1.1M
12 TrustBank 0.27% 12,539 $685K
13 DHJJ Financial Advisors, Ltd. 0.26% 14,234 $777K
14 Arlington Capital Management, Inc. 0.24% 7,847 $429K
15 BCS Wealth Management 0.22% 19,649 $1.1M
16 Collaborative Wealth Managment Inc. 0.20% 8,029 $439K
17 Valtinson Bruner Financial Planning LLC 0.14% 9,463 $517K
18 Beacon Financial Advisory LLC 0.12% 9,560 $522K
19 BIP Wealth, LLC 0.10% 44,474 $2.4M
20 Maia Wealth LLC 0.10% 10,374 $567K
21 CRA Financial Services, LLC 0.09% 12,444 $680K
22 RED REEF ADVISORS LLC 0.07% 1,208 $65K
23 AdvisorNet Financial, Inc 0.06% 22,166 $1.2M
24 Compass Advisory Group LLC 0.06% 3,890 $212K
25 CREATIVE FINANCIAL DESIGNS INC /ADV 0.05% 15,520 $848K
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 — 1 quarter in a row: For 1 consecutive quarter, 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?

Heavy selling pressure — only 33% buying: Last quarter: 56 funds sold vs only 28 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for NAPR holders?

Smaller funds dominant — 3% AUM from top-100: 6 of 95 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 NAPR?

54% of holders stayed for 2+ years: 51 out of 95 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.