AllianzIM U.S. Equity Buffer20 Mar ETF
MARW
39 hedge funds and large institutions have $46.7M invested in AllianzIM U.S. Equity Buffer20 Mar ETF in 2025 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 0 closing their positions.
18% more funds holding
Funds holding: 33 → 39 (+6)
6.54% more ownership
Funds ownership: 61.4% → 67.94% (+6.5%)
4% more capital invested
Capital invested by funds: $44.8M → $46.7M (+$1.85M)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
+$3.5M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$487K |
| 3 |
A
Allianz
Munich,
Germany
|
+$169K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$122K |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$90.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.12M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$903K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$543K |
| 4 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$484K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$404K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWM
26
BCGM Wealth Management
Lafayette,
Indiana
| $347K | – | – | – |
|
|
IFG
27
Independent Financial Group
San Diego,
California
| $254K | +$17.3K | +512 | +7% |
|
|
TC
28
TAGStone Capital
Charlotte,
North Carolina
| $243K | – | – | – |
|
|
SWP
29
Sagespring Wealth Partners
Franklin,
Tennessee
| $231K | – | – | – |
|
|
A
30
Allianz
Munich,
Germany
| $172K | +$169K | +5,000 | New |
|
31
Barclays
London,
United Kingdom
| $147K | -$11K | -324 | -7% |
|
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| $124K | +$122K | +3,600 | New |
|
|
AWM
33
AE Wealth Management
Topeka,
Kansas
| $94.9K | -$37.7K | -1,112 | -29% |
|
|
CIAS
34
Capital Investment Advisory Services
Raleigh,
North Carolina
| $73.1K | +$72.1K | +2,129 | New |
|
|
CFD
35
Creative Financial Designs
Kokomo,
Indiana
| $41.2K | – | – | – |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| $7.76K | – | – | – |
|
|
FNWA
37
Financial Network Wealth Advisors
Murray,
Utah
| $5.94K | – | – | – |
|
38
UBS Group
Zurich,
Switzerland
| $4.91K | +$4.84K | +143 | New |
|
|
LAS
39
Lloyd Advisory Services
Suwanee,
Georgia
| $240 | +$237 | +7 | New |
|
MARW Hedge Fund Activity: Q4 2025 in Review
39 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) for Q4 2025, worth a combined $46.7M — up 4.1% from $44.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MARW positions and 0 closed out — a net gain of 6 holders — while 7 added to existing stakes and 14 trimmed.
The largest buyer was Allianz Investment Management US, adding an estimated $3.5M. The largest seller was MML Investors Services, cutting an estimated $2.12M.
- 39 institutional investors held AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) as of Q4 2025, up from 33 in Q3 2025.
- Funds reported $46.7M of AllianzIM U.S. Equity Buffer20 Mar ETF stock for Q4 2025, up 4.1% quarter-over-quarter.
- 6 funds opened new AllianzIM U.S. Equity Buffer20 Mar ETF positions in Q4 2025 and 0 closed out, a net change of +6 holders.
- The largest AllianzIM U.S. Equity Buffer20 Mar ETF buyer in Q4 2025 was Allianz Investment Management US, an estimated $3.5M added.
- The largest AllianzIM U.S. Equity Buffer20 Mar ETF seller in Q4 2025 was MML Investors Services, an estimated $2.12M sold.
Based on aggregated 13F filings for Q4 2025.