Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (XBAP)

53 + Investors. Track Smart Money conviction in XBAP. 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
27%

Smart Money Signals — XBAP

Based on 53 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their XBAP 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 (96% of max)

96% of all-time peak
53 hedge funds hold XBAP 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 — +15% more funds vs a year ago

fund count last 6Q
+7 new funds entered over the past year (+15% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 27% buying

14 buying38 selling
Last quarter: 38 funds sold vs only 14 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: 9 → 7 → 6 → 8. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

45% of holders stayed for 2+ years

■ 45% conviction (2yr+) ■ 30% medium ■ 25% new
24 out of 53 hedge funds have held XBAP 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.
➡️

Steady discovery — ~8 new funds/quarter

7 → 9 → 7 → 6 → 8 new funds/Q
New funds entering each quarter: 9 → 7 → 6 → 8. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 47% veterans vs 28% newcomers

■ 47% veterans ■ 25% 1-2yr ■ 28% new
Entry-cohort mix of 53 holders: 25 (47%) are 2+ year veterans, 13 entered 1–2 years ago, and 15 (28%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 2% AUM from top-100

2% from top-100 AUM funds
6 of 53 holders rank in the top 100 by AUM, but together hold only 2% 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 — XBAP

In 2026 Q1, 14 hedge funds were net buyers of XBAP (8 opened a new position, 6 added to an existing one), while 38 reduced or exited (28 trimmed, 10 sold completely) — a 27% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -2 funds (more exits than new entries). Total institutional holders: 53.

Hedge Fund Ownership: XBAP

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

Market Analysis: XBAP

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: XBAP

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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 1 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
1.3
/ 10
conviction
Hedge Fund Positioning: XBAP
2026 Q2 Stats Unlock in 1 days 53 + Investors

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

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 53 55 -3.64%
13F Shares 3M 5M -36.31%
Total Value $113M $173M -34.93%
New Positions 8 6 +2
Increased Positions 6 14 -8
Closed Positions 10 2 +8
Reduced Positions 28 21 +7
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: XBAP

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Institutional Holders (2026 Q2)

53 + investors

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

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 XBAP holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Crosspoint Financial, LLC 29.32% 305,289 $12.8M
2 Millington Financial Advisors, LLC 2.38% 144,583 $6.1M
3 First Commonwealth Financial Corp /Pa/ 1.56% 265,033 $11.1M
4 Welch Financial Planning, LLC 0.59% 23,939 $1.0M
5 Orion Capital Management LLC 0.48% 36,891 $1.5M
6 Brookwood Investment Group LLC 0.23% 47,654 $2.0M
7 Vestia Personal Wealth Advisors 0.13% 8,122 $341K
8 DHJJ Financial Advisors, Ltd. 0.13% 10,704 $449K
9 Blue Water Asset Management 0.11% 8,343 $350K
10 Lido Advisors, LLC 0.11% 968,750 $40.6M
11 Sterling Financial Planning, Inc. 0.09% 7,634 $320K
12 Outlook Wealth Advisors, LLC 0.08% 8,728 $366K
13 Fragasso Financial Advisors Inc 0.07% 31,296 $1.3M
14 Blue Bell Private Wealth Management, LLC 0.06% 10,651 $447K
15 Snowden Capital Advisors LLC 0.04% 36,310 $1.5M
16 IMG Wealth Management, Inc. 0.03% 1,350 $57K
17 Centaurus Financial, INC. 0.03% 19,401 $814K
18 Financial Network Wealth Advisors LLC 0.03% 721 $30K
19 CRA Financial Services, LLC 0.02% 4,928 $207K
20 Luminist Capital LLC 0.02% 454 $18K
21 Tidemark, LLC 0.02% 2,098 $88K
22 Cetera Investment Advisers 0.01% 303,574 $12.7M
23 CreativeOne Wealth, LLC 0.01% 8,592 $360K
24 Summit Financial, LLC 0.01% 13,852 $581K
25 Osaic Holdings, INC. 0.01% 121,298 $5.1M
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 (XBAP)

What does the Smart Money Trend signal show for XBAP?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their XBAP 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 XBAP?

Heavy selling pressure — only 27% buying: Last quarter: 38 funds sold vs only 14 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 XBAP holders?

Smaller funds dominant — 2% AUM from top-100: 6 of 53 holders rank in the top 100 by AUM, but together hold only 2% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held XBAP?

45% of holders stayed for 2+ years: 24 out of 53 hedge funds have held XBAP 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.

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