Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (RFLR)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
→ 0
Streak
1Q —
Buyers last Q
74%

Smart Money Signals — RFLR

Based on 35 hedge funds · latest filing: 2026 Q2 · updated quarterly

➡️

No change last quarter

last 6Q
The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.
🏔️

At the ownership peak (100% of max)

100% of all-time peak
35 hedge funds hold RFLR 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 — +133% more funds vs a year ago

fund count last 6Q
+20 new funds entered over the past year (+133% 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.
🟢

More buyers than sellers — 74% buying

28 buying10 selling
Last quarter: 28 funds were net buyers (5 opened a brand new position + 23 added to an existing one). Only 10 were sellers (5 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.
⚠️

Fewer new buyers each quarter (-7 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 6 → 10 → 12 → 5. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔄

Mostly new holders — 60% entered in last year

■ 0% conviction (2yr+) ■ 40% medium ■ 60% 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 +42% but shares only +26% — price-driven

Value
+41%
Shares
+25%
Last quarter: the total dollar value of institutional holdings rose +42%, but actual share count only changed +26%. 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.
➡️

Steady discovery — ~5 new funds/quarter

3 → 6 → 10 → 12 → 5 new funds/Q
New funds entering each quarter: 6 → 10 → 12 → 5. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🌱

Early stage — 77% of holders entered in last year

■ 0% veterans ■ 23% 1-2yr ■ 77% new
Of 35 current holders: 27 (77%) entered in the past year, only 0 (0%) are 2+ year veterans. This is an early-phase institutional idea — still being discovered. High upside potential if the thesis plays out, but thin conviction base.
📋

Smaller funds dominant — 18% AUM from top-100

18% from top-100 AUM funds
1 of 35 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
6.1
out of 10
Moderate Exit Risk
Exit risk score 6.1/10 — 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 — RFLR

In 2026 Q2, 28 hedge funds were net buyers of RFLR (5 opened a new position, 23 added to an existing one), while 10 reduced or exited (5 trimmed, 5 sold completely) — a 74% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: flat (entries and exits balanced). Total institutional holders: 35.

Hedge Fund Ownership: RFLR

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

Market Analysis: RFLR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: RFLR

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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.

0 top-rated funds 3 high-conviction
Consensus
0.0
/ 10
breadth
×
Elite
2.3
/ 10
conviction
Hedge Fund Positioning: RFLR
35 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 35 35 -
13F Shares 2M 1M 25.71%
Total Value $58M $41M 41.85%
New Positions 5 12 -7
Increased Positions 23 17 +6
Closed Positions 5 3 +2
Reduced Positions 5 3 +2
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: RFLR

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Financial Highlights

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Institutional Holders (2026 Q2)

35 + investors

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

QUARTER:
Top 25 RFLR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 VanWeelden Wealth Management, LLC 7.14% 292,942 $9.6M
2 Liberty Atlantic Advisors LLC 4.14% 175,150 $5.8M
3 Winnacle Wealth LLC 2.57% 115,463 $3.8M
4 NewCorp Financial Services, Inc. 0.92% 36,556 $1.2M
5 Worth Financial Advisory Group, LLC 0.31% 22,544 $739K
6 WorthPointe, LLC 0.16% 19,680 $645K
7 Beacon Financial Strategies CORP 0.12% 7,110 $233K
8 Independent Financial Group, LLC 0.11% 178,859 $5.9M
9 Rothschild Wealth LLC 0.10% 38,536 $1.3M
10 COFG Advisors, LLC 0.09% 16,525 $542K
11 Regatta Research & Money Management 0.06% 1,908 $63K
12 Elmwood Wealth Management, Inc. 0.06% 6,800 $223K
13 Signal Advisors Wealth, LLC 0.05% 28,587 $937K
14 Gwn Securities INC. 0.04% 6,832 $224K
15 Capital Investment Advisory Services, LLC 0.03% 14,614 $479K
16 CreativeOne Wealth, LLC 0.02% 34,027 $1.1M
17 Claro Advisors Inc. 0.02% 6,665 $218K
18 Triumph Capital Management 0.02% 2,592 $85K
19 Trek Financial, LLC 0.01% 7,296 $239K
20 Brookstone Capital Management 0.01% 32,575 $1.1M
21 Arax Advisory Partners 0.01% 40,608 $1.3M
22 Kingsview Wealth Management, LLC 0.01% 16,796 $551K
23 Rockefeller Capital Management L.P. 0.01% 123,486 $4.0M
24 Chicago Partners Investment Group LLC 0.01% 9,618 $310K
25 Signaturefd, LLC 0.01% 12,677 $416K
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 (RFLR)

What does the Smart Money Trend signal show for RFLR?

No change last quarter: The number of hedge funds holding this stock didn't change last quarter. Neither a buying nor selling signal on its own — watch the next quarter for direction.

What is the institutional breadth score for RFLR?

More buyers than sellers — 74% buying: Last quarter: 28 funds were net buyers (5 opened a brand new position + 23 added to an existing one). Only 10 were sellers (5 trimmed + 5 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for RFLR holders?

Smaller funds dominant — 18% AUM from top-100: 1 of 35 holders rank in the top 100 by AUM, but together hold only 18% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held RFLR?

Mostly new holders — 60% 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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