AllianzIM U.S. Equity Buffer20 Sep ETF
SEPW
65 hedge funds and large institutions have $202M invested in AllianzIM U.S. Equity Buffer20 Sep ETF in 2025 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 30 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
5% more funds holding
Funds holding: 62 → 65 (+3)
3.67% more ownership
Funds ownership: 69.71% → 73.38% (+3.7%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
23% less capital inflows, than outflows
Capital inflows: $21.5M | Capital outflows: $28M
50% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Outlook Wealth Advisors
Shenandoah,
Texas
|
+$3.6M |
| 2 |
Allianz Investment Management US
Minneapolis,
Minnesota
|
+$3.53M |
| 3 |
SMART Wealth
Omaha,
Nebraska
|
+$1.51M |
| 4 |
BFCFSI
BERTHEL, FISHER & COMPANY FINANCIAL SERVICES, INC.
Cedar Rapids,
Iowa
|
+$1.33M |
| 5 |
Lloyd Advisory Services
Suwanee,
Georgia
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$8.89M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$7.76M |
| 3 |
B.O.S.S. Retirement Advisors
Lehi,
Utah
|
-$2.59M |
| 4 |
Csenge Advisory Group
Clearwater,
Florida
|
-$1.46M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.45M |
SEPW Hedge Fund Activity: Q4 2025 in Review
65 of the 8,307 institutional investors tracked by Wall St. Rank reported a position in AllianzIM U.S. Equity Buffer20 Sep ETF (SEPW) for Q4 2025, worth a combined $202M — down 1.5% from $205M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SEPW positions and 6 closed out — a net gain of 4 holders — while 15 added to existing stakes and 30 trimmed.
The largest buyer was Outlook Wealth Advisors, adding an estimated $3.6M. The largest seller was AE Wealth Management, cutting an estimated $8.89M.
- 65 institutional investors held AllianzIM U.S. Equity Buffer20 Sep ETF (SEPW) as of Q4 2025, up from 62 in Q3 2025.
- Funds reported $202M of AllianzIM U.S. Equity Buffer20 Sep ETF stock for Q4 2025, down 1.5% quarter-over-quarter.
- 10 funds opened new AllianzIM U.S. Equity Buffer20 Sep ETF positions in Q4 2025 and 6 closed out, a net change of +4 holders.
- The largest AllianzIM U.S. Equity Buffer20 Sep ETF buyer in Q4 2025 was Outlook Wealth Advisors, an estimated $3.6M added.
- The largest AllianzIM U.S. Equity Buffer20 Sep ETF seller in Q4 2025 was AE Wealth Management, an estimated $8.89M sold.
Based on aggregated 13F filings for Q4 2025.