Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INNOVATOR ETFS TRUST (PDEC)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +22
Streak
1Q ▲
Buyers last Q
62%

Smart Money Signals — PDEC

Based on 212 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 PDEC 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
212 hedge funds hold PDEC 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 — +10% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+10% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟢

More buyers than sellers — 62% buying

117 buying73 selling
Last quarter: 117 funds were net buyers (39 opened a brand new position + 78 added to an existing one). Only 73 were sellers (56 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+26 vs last Q)

new funds entering per quarter
Funds opening a new PDEC position: 22 → 20 → 13 → 39. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔒

52% of holders stayed for 2+ years

■ 52% conviction (2yr+) ■ 27% medium ■ 21% new
111 out of 212 hedge funds have held PDEC 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

46 → 22 → 20 → 13 → 39 new funds/Q
New funds entering each quarter: 22 → 20 → 13 → 39. A growing number of institutions are discovering PDEC each quarter. The narrative is still spreading — leaving room for ongoing capital accumulation.
🏛️

Deep conviction — 52% of holders stayed 2+ years

■ 52% veterans ■ 15% 1-2yr ■ 33% new
Of 212 current holders: 110 (52%) 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.
✅

Strong quality — 23% AUM from major funds

23% from top-100 AUM funds
7 of 212 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — PDEC

In 2025 Q4, 117 hedge funds were net buyers of PDEC (39 opened a new position, 78 added to an existing one), while 73 reduced or exited (56 trimmed, 17 sold completely) — a 62% buyer ratio, indicating clear institutional accumulation. 23% of total institutional value in PDEC is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: +22 funds (more new holders than closures). Total institutional holders: 212.

Hedge Fund Ownership: PDEC

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

Market Analysis: PDEC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: PDEC

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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.

10 top-rated funds 2 high-conviction
Consensus
4.5
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: PDEC
2026 Q1 Stats Unlock in 8 days 212 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 212 190 11.58%
13F Shares 18M 19M -4.87%
Total Value $792M $806M -1.71%
New Positions 39 13 +26
Increased Positions 78 27 +51
Closed Positions 17 22 -5
Reduced Positions 56 86 -30
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: PDEC

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Institutional Holders (2026 Q1)

212 + investors

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

Top 25 institutional holders of PDEC — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Catalina Capital Group, LLC 3.19% 126,094 $5.4M
2 Fortune Financial Group, Inc. 2.28% 59,684 $2.5M
3 Cassady Wealth & Retirement Planning, LLC 2.21% 77,972 $3.4M
4 RED REEF ADVISORS LLC 1.90% 43,093 $1.9M
5 CORRADO ADVISORS, LLC 1.73% 77,896 $3.3M
6 Pinnacle Wealth Management Group, Inc. 1.49% 71,605 $3.0M
7 Liberty Atlantic Advisors LLC 1.44% 39,665 $1.7M
8 GILL CAPITAL PARTNERS, LLC 1.43% 116,719 $5.0M
9 Noble Wealth Management PBC 1.13% 52,942 $2.3M
10 Chris Bulman Inc 1.06% 56,985 $2.4M
11 Forty-three Eighteen Advisors, LLC 0.94% 29,324 $1.2M
12 Compass Advisory Group LLC 0.83% 72,844 $3.1M
13 FSA Advisors, Inc. 0.82% 29,306 $1.2M
14 Advisory Advocates, LLC 0.82% 18,981 $823K
15 RETIREMENT GUYS FORMULA LLC 0.81% 41,353 $1.8M
16 Penserra Capital Management LLC 0.77% 1,537,056 $65K
17 Castle Rock Wealth Management, LLC 0.76% 82,719 $3.5M
18 CRA Financial Services, LLC 0.73% 131,792 $5.6M
19 Outlook Wealth Advisors, LLC 0.72% 69,623 $3.0M
20 Diligent Investors, LLC 0.68% 64,236 $2.7M
21 Weaver Capital Management LLC 0.62% 67,710 $2.9M
22 Quest 10 Wealth Builders, Inc. 0.57% 15,174 $645K
23 MBL Wealth, LLC 0.54% 168,601 $7.2M
24 NewCorp Financial Services, Inc. 0.53% 14,452 $614K
25 ATTICUS WEALTH MANAGEMENT, LLC 0.53% 46,048 $2.0M
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 (PDEC)

What does the Smart Money Trend signal show for PDEC?

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

More buyers than sellers — 62% buying: Last quarter: 117 funds were net buyers (39 opened a brand new position + 78 added to an existing one). Only 73 were sellers (56 trimmed + 17 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for PDEC holders?

Strong quality — 23% AUM from major funds: 7 of 212 holders rank in the top 100 by AUM, accounting for 23% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held PDEC?

52% of holders stayed for 2+ years: 111 out of 212 hedge funds have held PDEC 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.