Panagram BBB-B CLO ETF
CLOZ
108 hedge funds and large institutions have $398M invested in Panagram BBB-B CLO ETF in 2025 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 38 increasing their positions, 34 reducing their positions, and 9 closing their positions.
156% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 9
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
12% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 34
11% more funds holding
Funds holding: 97 → 108 (+11)
8.31% more ownership
Funds ownership: 44.32% → 52.64% (+8.3%)
3% more capital invested
Capital invested by funds: $385M → $398M (+$13M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Partners Wealth
Boston,
Massachusetts
|
+$34.7M |
| 2 |
LPL Financial
San Diego,
California
|
+$15.5M |
| 3 |
Jane Street
New York
|
+$12.4M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.28M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$33.9M |
| 2 |
Goldman Sachs
New York
|
-$21.9M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$10M |
| 4 |
BSG
Black Swift Group
Boulder,
Colorado
|
-$6.16M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$4.07M |
CLOZ Hedge Fund Activity: Q4 2025 in Review
108 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in Panagram BBB-B CLO ETF (CLOZ) for Q4 2025, worth a combined $398M — up 3.4% from $385M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new CLOZ positions and 9 closed out — a net gain of 14 holders — while 38 added to existing stakes and 34 trimmed.
The largest buyer was Focus Partners Wealth, opening a new position worth an estimated $34.7M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $33.9M sold.
- 108 institutional investors held Panagram BBB-B CLO ETF (CLOZ) as of Q4 2025, up from 97 in Q3 2025.
- Funds reported $398M of Panagram BBB-B CLO ETF stock for Q4 2025, up 3.4% quarter-over-quarter.
- 23 funds opened new Panagram BBB-B CLO ETF positions in Q4 2025 and 9 closed out, a net change of +14 holders.
- The largest Panagram BBB-B CLO ETF buyer in Q4 2025 was Focus Partners Wealth, an estimated $34.7M added.
- The largest Panagram BBB-B CLO ETF seller in Q4 2025 was Kovitz Investment Group Partners, an estimated $33.9M sold.
Based on aggregated 13F filings for Q4 2025.