AllianzIM U.S. Equity Buffer20 Sep ETF
SEPW
64 hedge funds and large institutions have $200M invested in AllianzIM U.S. Equity Buffer20 Sep ETF in 2025 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 30 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
3% more funds holding
Funds holding: 62 → 64 (+2)
3.16% more ownership
Funds ownership: 69.39% → 72.55% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
2% less capital invested
Capital invested by funds: $204M → $200M (-$4.52M)
50% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OWA
Outlook Wealth Advisors
Shenandoah,
Texas
|
+$3.6M |
| 2 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
+$3.53M |
| 3 |
SW
SMART Wealth
Omaha,
Nebraska
|
+$1.51M |
| 4 |
LAS
Lloyd Advisory Services
Suwanee,
Georgia
|
+$1.32M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$8.89M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$7.76M |
| 3 |
BOSSRA
B.O.S.S. Retirement Advisors
Lehi,
Utah
|
-$2.59M |
| 4 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
-$1.46M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.45M |
SEPW Hedge Fund Activity: Q4 2025 in Review
64 of the 8,270 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 $200M — down 2.2% from $204M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SEPW positions and 6 closed out — a net gain of 3 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.
- 64 institutional investors held AllianzIM U.S. Equity Buffer20 Sep ETF (SEPW) as of Q4 2025, up from 62 in Q3 2025.
- Funds reported $200M of AllianzIM U.S. Equity Buffer20 Sep ETF stock for Q4 2025, down 2.2% quarter-over-quarter.
- 9 funds opened new AllianzIM U.S. Equity Buffer20 Sep ETF positions in Q4 2025 and 6 closed out, a net change of +3 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.