Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (TJAN)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -1
Streak
3Q ▼
Buyers last Q
26%

Smart Money Signals — TJAN

Based on 25 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 3 quarters in a row

last 5Q
For 3 consecutive quarters, more hedge funds reduced or closed their TJAN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 83% of 1.5Y peak

83% of all-time peak
25 funds currently hold this stock — 83% of the 1.5-year high of 30 funds (reached 2025 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 17% fewer funds vs a year ago

fund count last 6Q
5 fewer hedge funds hold TJAN compared to a year ago (-17% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🔴

Heavy selling pressure — only 26% buying

5 buying14 selling
Last quarter: 14 funds sold vs only 5 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
➡️

Steady new buyers — ~2 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 5 → 4 → 2 → 2. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔄

Mostly new holders — 12% entered in last year

■ 0% conviction (2yr+) ■ 88% medium ■ 12% 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.
⚠️

Saturation — most institutions already know this story

8 → 5 → 4 → 2 → 2 new funds/Q
New funds entering each quarter: 5 → 4 → 2 → 2. 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, 36% new entrants

■ 0% veterans ■ 64% 1-2yr ■ 36% new
Of 25 current holders: 0 (0%) held 2+ years, 16 held 1–2 years, 9 (36%) entered in the past year. Balanced distribution — some institutional memory, some recent momentum buyers.
📋

Smaller funds dominant — 4% AUM from top-100

4% from top-100 AUM funds
3 of 25 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
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 — TJAN

In 2026 Q2, 5 hedge funds were net buyers of TJAN (2 opened a new position, 3 added to an existing one), while 14 reduced or exited (11 trimmed, 3 sold completely) — a 26% buyer ratio, indicating net institutional distribution. This extends a 3-quarter selling streak, suggesting sustained institutional caution. Net fund flow last quarter: -1 funds (more exits than new entries). Total institutional holders: 25.

Hedge Fund Ownership: TJAN

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

Market Analysis: TJAN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TJAN

-- --

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
0.1
/ 10
conviction
Hedge Fund Positioning: TJAN
25 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 25 26 -3.85%
13F Shares 566K 585K -3.25%
Total Value $16M $15M 1.67%
New Positions 2 2 -
Increased Positions 3 2 +1
Closed Positions 3 5 -2
Reduced Positions 11 10 +1
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: TJAN

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Valuation Measures Data as of: --

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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

25 + investors

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

QUARTER:
Top 24 TJAN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Atlantic Private Wealth, LLC 0.42% 24,500 $689K
2 Gill Capital Partners, LLC 0.21% 28,254 $795K
3 Mtm Financial Group, LLC 0.18% 15,083 $424K
4 Cypress Wealth Services, LLC 0.11% 30,599 $861K
5 SMI Advisory Services, LLC 0.09% 18,817 $531K
6 Tradition Wealth Management, LLC 0.06% 32,651 $919K
7 Brookstone Capital Management 0.05% 166,681 $4.7M
8 Triad Wealth Partners, LLC 0.02% 13,075 $371K
9 Mutual Advisors, LLC 0.01% 25,017 $704K
10 Old Mission Capital LLC 0.01% 19,874 $559K
11 HighTower Advisors, LLC 0.00% 61,674 $1.7M
12 Commonwealth Equity Services, LLC 0.00% 34,931 $983K
13 IFP Advisors, Inc 0.00% 2,100 $59K
14 Mml Investors Services, LLC 0.00% 12,929 $364K
15 Farther Finance Advisors, LLC 0.00% 3,249 $91K
16 Cetera Investment Advisers 0.00% 12,978 $365K
17 Raymond James Financial Inc 0.00% 21,127 $595K
18 Osaic Holdings, INC. 0.00% 4,021 $113K
19 AE Wealth Management LLC 0.00% 963 $27K
20 LPL Financial LLC 0.00% 7,578 $213K
21 Harbour Investments, INC. 0.00% 80 $2K
22 Barclays plc 0.00% 5,229 $147K
23 Citadel Advisors LLC 0.00% 7,731 $218K
24 Susquehanna International Group, LLP 0.00% 9,915 $279K
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 (TJAN)

What does the Smart Money Trend signal show for TJAN?

Selling streak — 3 quarters in a row: For 3 consecutive quarters, more hedge funds reduced or closed their TJAN 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 TJAN?

Heavy selling pressure — only 26% buying: Last quarter: 14 funds sold vs only 5 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 TJAN holders?

Smaller funds dominant — 4% AUM from top-100: 3 of 25 holders rank in the top 100 by AUM, but together hold only 4% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held TJAN?

Mostly new holders — 12% 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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