Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (NSEP)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
1Q ▼
Buyers last Q
31%

Smart Money Signals — NSEP

Based on 42 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their NSEP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
🏔️

At the ownership peak (98% of max)

98% of all-time peak
42 hedge funds hold NSEP right now — the highest count in 2.0 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 — +68% more funds vs a year ago

fund count last 6Q
+17 new funds entered over the past year (+68% 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.
🔴

Heavy selling pressure — only 31% buying

11 buying25 selling
Last quarter: 25 funds sold vs only 11 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~8 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 20 → 8 → 6 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 33% entered in last year

■ 0% conviction (2yr+) ■ 67% medium ■ 33% new
Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.
💰

Value +38% but shares only +21% — price-driven

Value
+38%
Shares
+20%
Last quarter: the total dollar value of institutional holdings rose +38%, but actual share count only changed +21%. 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.
⚠️

Saturation — most institutions already know this story

2 → 20 → 8 → 6 → 8 new funds/Q
New funds entering each quarter: 20 → 8 → 6 → 8. Far fewer institutions are entering now vs. a year ago. When the pool of potential new buyers shrinks this fast, future price support from institutional inflows weakens significantly.
📊

Mixed cohorts — 0% veterans, 52% new entrants

■ 0% veterans ■ 48% 1-2yr ■ 52% new
Of 42 current holders: 0 (0%) held 2+ years, 20 held 1–2 years, 22 (52%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 8% AUM from top-100

8% from top-100 AUM funds
4 of 42 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
5.0
out of 10
Moderate Exit Risk
Exit risk score 5.0/10 — 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 — NSEP

In 2026 Q2, 11 hedge funds were net buyers of NSEP (8 opened a new position, 3 added to an existing one), while 25 reduced or exited (16 trimmed, 9 sold completely) — a 31% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 42.

Hedge Fund Ownership: NSEP

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

Market Analysis: NSEP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: NSEP

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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
0.5
/ 10
conviction
Hedge Fund Positioning: NSEP
42 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 42 43 -2.33%
13F Shares 755K 625K 20.7%
Total Value $24M $17M 38.13%
New Positions 8 6 +2
Increased Positions 3 6 -3
Closed Positions 9 6 +3
Reduced Positions 16 18 -2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: NSEP

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Institutional Holders (2026 Q2)

42 + investors

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

QUARTER:
Top 25 NSEP holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Sonoma Allocations LLC 1.40% 107,470 $4.5M
2 Corrado Advisors, LLC 0.31% 21,333 $667K
3 Fortune Financial Group, Inc. 0.28% 11,500 $359K
4 Liberty Atlantic Advisors LLC 0.21% 9,434 $295K
5 TopTier Wealth Management, LLC 0.19% 10,201 $319K
6 Southland Equity Partners LLC 0.18% 32,299 $1.0M
7 Diligent Investors, LLC 0.16% 22,955 $717K
8 DHJJ Financial Advisors, Ltd. 0.06% 6,116 $191K
9 LaSalle St. Investment Advisors, LLC 0.04% 10,833 $339K
10 Summit Wealth Partners, LLC 0.04% 8,610 $269K
11 Red Reef Advisors LLC 0.03% 1,000 $31K
12 Old Mission Capital LLC 0.01% 29,692 $928K
13 Focus Financial Network, Inc. 0.01% 11,205 $350K
14 Founders Financial Securities LLC 0.01% 6,462 $202K
15 Advisory Alpha, LLC 0.01% 9,877 $309K
16 Mosley Wealth Management 0.01% 606 $19K
17 Independent Financial Group, LLC 0.01% 9,504 $297K
18 Ashton Thomas Private Wealth, LLC 0.01% 8,382 $262K
19 Creative Financial Designs Inc /Adv 0.01% 3,600 $113K
20 AdvisorNet Financial, Inc 0.00% 3,334 $104K
21 Phoenix Financial Ltd. 0.00% 17,965 $561K
22 PlanVest Financial, Inc 0.00% 177 $6K
23 Kestra Advisory Services, LLC 0.00% 32,371 $1.0M
24 IFP Advisors, Inc 0.00% 3,176 $99K
25 Fiduciary Financial Advisors 0.00% 536 $17K
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 (NSEP)

What does the Smart Money Trend signal show for NSEP?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their NSEP positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for NSEP?

Heavy selling pressure — only 31% buying: Last quarter: 25 funds sold vs only 11 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 NSEP holders?

Smaller funds dominant — 8% AUM from top-100: 4 of 42 holders rank in the top 100 by AUM, but together hold only 8% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held NSEP?

Mostly new holders — 33% entered in last year: Only 0 funds (0%) have held >2 years. The majority of current holders are relatively new to the position. New holders tend to sell faster when prices drop — a shallow conviction base that could amplify any sell-off.

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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