Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Innovator Etfs Trust (ZAPR)

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

Fetching live quote...
Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +15
Streak
1Q ▲
Buyers last Q
75%

Smart Money Signals — ZAPR

Based on 58 hedge funds · latest filing: 2026 Q2 · updated quarterly

📈

Buying streak — 1 quarter in a row

last 4Q
For 1 consecutive quarter, more hedge funds added ZAPR 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
58 hedge funds hold ZAPR right now — the highest count in 1.2 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 — +53% more funds vs a year ago

fund count last 5Q
+20 new funds entered over the past year (+53% 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. The peak was reached in just 4 quarters from the low — a sharp move.
🟢

More buyers than sellers — 75% buying

43 buying14 selling
Last quarter: 43 funds were net buyers (21 opened a brand new position + 22 added to an existing one). Only 14 were sellers (8 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.
📈

More new buyers each quarter (+15 vs last Q)

new funds entering per quarter
Funds opening a new ZAPR position: 7 → 8 → 6 → 21. A growing influx of new institutional buyers means the asset is still gathering momentum — the consensus hasn't fully saturated yet.
🔄

Mostly new holders — 47% entered in last year

0% conviction (2yr+) 53% medium 47% 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.
🚀

Acceleration phase — new buyers rushing in

7 → 8 → 6 → 21 new funds/Q
New funds entering each quarter: 7 → 8 → 6 → 21. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🌱

Early stage — 100% of holders entered in last year

0% veterans 0% 1-2yr 100% new
Of 58 current holders: 58 (100%) 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 — 4% AUM from top-100

4% from top-100 AUM funds
4 of 58 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.
4.6
out of 10
Moderate Exit Risk
Exit risk score 4.6/10 — 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 — ZAPR

In 2026 Q2, 43 hedge funds were net buyers of ZAPR (21 opened a new position, 22 added to an existing one), while 14 reduced or exited (8 trimmed, 6 sold completely) — a 75% buyer ratio, indicating clear institutional accumulation. Net fund flow last quarter: +15 funds (more new holders than closures). Total institutional holders: 58.

Hedge Fund Ownership: ZAPR

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

Market Analysis: ZAPR

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: ZAPR

-- --

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.

2 top-rated funds 0 high-conviction
Consensus
2.1
/ 10
breadth
×
Elite
0.4
/ 10
conviction
Hedge Fund Positioning: ZAPR
58 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 58 43 34.88%
13F Shares 2M 1M 45.88%
Total Value $43M $29M 48.1%
New Positions 21 6 +15
Increased Positions 22 12 +10
Closed Positions 6 7 -1
Reduced Positions 8 14 -6
Total Calls 0 0 -
Total Puts 0 0 -
PUT/CALL Ratio 0.0 0.0 Bullish

Statistics: ZAPR

View More

Valuation Measures Data as of: --

Market Cap --
Enterprise Value --
Trailing P/E --
Forward P/E --
PEG Ratio (5yr expected) --
Price/Sales (ttm) --
Price/Book (mrq) --
Enterprise Value/Revenue --
Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

Profitability
Profit Margin --
Return on Assets (ttm) --
Return on Equity (ttm) --
Income Statement & Cash Flow
Revenue (ttm) --
Net Income Avi to Common (ttm) --
Diluted EPS (ttm) --
Total Cash (mrq) --
Total Debt/Equity (mrq) --
Levered Free Cash Flow (ttm) --

Institutional Holders (2026 Q2)

58 + investors

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

QUARTER:
Top 25 ZAPR holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Family Legacy Financial Solutions, LLC 0.58% 35,650 $950K
2 Sonoma Allocations LLC 0.45% 54,082 $1.4M
3 Atlantic Private Wealth, LLC 0.42% 25,531 $680K
4 Lineweaver Wealth Advisors, LLC 0.28% 87,756 $2.3M
5 Central Valley Advisors, LLC 0.18% 26,373 $703K
6 Tounjian Advisory Partners, LLC 0.17% 15,251 $406K
7 Kfg Wealth Management, LLC 0.15% 50,027 $1.3M
8 Wealthgarden F.S. LLC 0.15% 9,820 $262K
9 Five Pine Wealth Management 0.14% 9,350 $249K
10 IMG Wealth Management, Inc. 0.13% 9,008 $240K
11 C2P Capital Advisory Group, LLC d.b.a. Prosperity Capital Advisors 0.13% 99,827 $2.7M
12 Chris Bulman Inc 0.11% 11,074 $295K
13 FSA Advisors, Inc. 0.10% 8,418 $224K
14 Cypress Wealth Services, LLC 0.09% 27,741 $739K
15 Evolution Wealth Management INC. 0.08% 4,898 $130K
16 Wick Capital Partners, LLC 0.08% 18,743 $499K
17 Archer Investment Corp 0.07% 13,653 $364K
18 Kelly Financial Group LLC 0.07% 11,400 $304K
19 Kovack Advisors, Inc. 0.06% 49,628 $1.3M
20 Virtue Capital Management, LLC 0.06% 17,481 $466K
21 Insight Wealth Partners, LLC 0.04% 12,311 $328K
22 Marshall Financial Group, LLC 0.04% 10,710 $285K
23 Lantz Financial LLC 0.04% 7,650 $204K
24 Kestra Advisory Services, LLC 0.02% 271,124 $7.2M
25 DHJJ Financial Advisors, Ltd. 0.02% 2,605 $69K
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 (ZAPR)

What does the Smart Money Trend signal show for ZAPR?

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

More buyers than sellers — 75% buying: Last quarter: 43 funds were net buyers (21 opened a brand new position + 22 added to an existing one). Only 14 were sellers (8 trimmed + 6 sold completely). A clear majority buying is a strong confirmation signal.

What is the fund quality score for ZAPR holders?

Smaller funds dominant — 4% AUM from top-100: 4 of 58 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 ZAPR?

Mostly new holders — 47% 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.

Full history →