AllianzIM Buffer20 Allocation ETF
SPBW
16 hedge funds and large institutions have $34.1M invested in AllianzIM Buffer20 Allocation ETF in 2025 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
129% more funds holding
Funds holding: 7 → 16 (+9)
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
53% more capital invested
Capital invested by funds: $22.3M → $34.1M (+$11.8M)
1.9% less ownership
Funds ownership: 91.61% → 89.71% (-1.9%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$5.32M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.58M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$1.11M |
| 4 |
IFG
Independent Financial Group
San Diego,
California
|
+$562K |
| 5 |
CRWM
Castle Rock Wealth Management
Walnut Creek,
California
|
+$483K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIMU
Allianz Investment Management US
Minneapolis,
Minnesota
|
-$1.75M |
| 2 |
HI
Harbour Investments
Madison,
Wisconsin
|
-$443K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.85K |
SPBW Hedge Fund Activity: Q2 2025 in Review
16 of the 7,604 institutional investors tracked by Wall St. Rank reported a position in AllianzIM Buffer20 Allocation ETF (SPBW) for Q2 2025, worth a combined $34.1M — up 53% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SPBW positions and 1 closed out — a net gain of 9 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $5.32M. The largest seller was Allianz Investment Management US, cutting an estimated $1.75M.
- 16 institutional investors held AllianzIM Buffer20 Allocation ETF (SPBW) as of Q2 2025, up from 7 in Q1 2025.
- Funds reported $34.1M of AllianzIM Buffer20 Allocation ETF stock for Q2 2025, up 53% quarter-over-quarter.
- 10 funds opened new AllianzIM Buffer20 Allocation ETF positions in Q2 2025 and 1 closed out, a net change of +9 holders.
- The largest AllianzIM Buffer20 Allocation ETF buyer in Q2 2025 was AE Wealth Management, an estimated $5.32M added.
- The largest AllianzIM Buffer20 Allocation ETF seller in Q2 2025 was Allianz Investment Management US, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2025.