Innovator 20+ Year Treasury Bond 9 Buffer ETF
TBJL • BATS
Innovator 20+ Year Treasury Bond 9 Buffer ETF is an exchange-traded fund on BATS. As of Q3 2025, 15 institutional investors hold shares in this ETF, with total holdings valued at $22.9M. COMMONWEALTH EQUITY SERVICES, LLC. is the largest holder with a position valued at $13.8M.
Overview
Overview of institutional ownership in TBJL as of Q3 2025
All Institutions
- Institutions
- 15
- Value Held
- $22.9M
- Shares Held
- 1.1M
- Avg Position
- $1.5M
- Median Position
- $548.2K
Hedge Funds
- Hedge Funds
- 0
- Value Held
- -
- Shares Held
- -
- Avg Position
- -
- Median Position
- -
Biggest Investors
Institutions with the largest positions in TBJL as of Q3 2025
| Institution | Position Value |
|---|---|
 COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | $13.8M 0.02% of portfolio |
 Ashton Thomas Private Wealth, LLC RIA/Wealth | $2.3M 0.06% of portfolio |
A Arlington Capital Management, Inc. Institution | $2.1M 1.33% of portfolio |
A Advisor Group Holdings, Inc. Institution | $738.8K 0.00% of portfolio |
O OLD MISSION CAPITAL LLC Institution | $640.5K 0.03% of portfolio |
 ALTFEST L J & CO INC RIA/Wealth | $636.8K 0.07% of portfolio |
$573.6K 0.05% of portfolio | |
 Cetera Investment Advisers RIA/Wealth | $548.2K 0.00% of portfolio |
 Kestra Advisory Services, LLC RIA/Wealth | $500.7K 0.00% of portfolio |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $440.9K 0.00% of portfolio |
Net Capital Flow
Institutional buying and selling activity for TBJL in Q3 2025
- Traded
- −$2.2M
- Buyers
- 5
- Sellers
- 10
- Total Bought
- +$914.7K
- Total Sold
- −$3.1M
- Avg Position
- $1.1M
Biggest Buyers
| Institution | Net Bought |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$440.9K +21.9K shares |
Cetera Investment Advisers RIA/Wealth | +$265.9K +13.2K shares |
J JANE STREET GROUP, LLC Institution | +$181.7K +9.0K shares |
Ashton Thomas Private Wealth, LLC RIA/Wealth | +$16.4K +814.0 shares |
A Advisor Group Holdings, Inc. Institution | +$9.8K +498.0 shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | −$1.3M −67.1K shares |
A Arlington Capital Management, Inc. Institution | −$728.0K −36.2K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$604.9K −30.3K shares |
ALTFEST L J & CO INC RIA/Wealth | −$124.1K −6.2K shares |
 Compass Financial Services Inc RIA/Wealth | −$99.9K −5.0K shares |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | −$98.4K −4.9K shares |
Kestra Advisory Services, LLC RIA/Wealth | −$42.6K −2.1K shares |
O OLD MISSION CAPITAL LLC Institution | −$32.8K −1.6K shares |
 Luminist Capital LLC RIA/Wealth | −$7.3K −369.0 shares |
 UBS Group AG Institution | −$4.0K −202.0 shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited TBJL in Q3 2025
- New Positions
- 0
- New Value
- -
- Exited Positions
- 5
- Exited Value
- $814.6K
New Positions
| Institution | Position Value |
|---|---|
| No new positions found | |
Exited Positions
| Institution | Previous Position |
|---|---|
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $604.9K 30.3K shares |
Compass Financial Services Inc RIA/Wealth | $99.9K 5.0K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | $98.4K 4.9K shares |
Luminist Capital LLC RIA/Wealth | $7.3K 369.0 shares |
UBS Group AG Institution | $4.0K 202.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in TBJL as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with TBJL as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
A Arlington Capital Management, Inc. Institution | 1.33% $2.1M |
ALTFEST L J & CO INC RIA/Wealth | 0.07% $636.8K |
Ashton Thomas Private Wealth, LLC RIA/Wealth | 0.06% $2.3M |
0.05% $573.6K | |
O OLD MISSION CAPITAL LLC Institution | 0.03% $640.5K |
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth | 0.02% $13.8M |
 HARBOUR INVESTMENTS, INC. RIA/Wealth | 0.00% $174.2K |
Kestra Advisory Services, LLC RIA/Wealth | 0.00% $500.7K |
A Advisor Group Holdings, Inc. Institution | 0.00% $738.8K |
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | 0.00% $440.9K |