AllianzIM U.S. Equity Buffer20 Mar ETF
MARW
40 hedge funds and large institutions have $47.1M 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: 34 → 40 (+6)
6.59% more ownership
Funds ownership: 61.97% → 68.56% (+6.6%)
4% more capital invested
Capital invested by funds: $45.2M → $47.1M (+$1.86M)
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 |
MARW Hedge Fund Activity: Q4 2025 in Review
40 of the 8,270 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 $47.1M — up 4.1% from $45.2M 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.
- 40 institutional investors held AllianzIM U.S. Equity Buffer20 Mar ETF (MARW) as of Q4 2025, up from 34 in Q3 2025.
- Funds reported $47.1M 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.