AllianzIM Buffer20 Allocation ETF
SPBW
34 hedge funds and large institutions have $48.6M invested in AllianzIM Buffer20 Allocation ETF in 2026 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 19 increasing their positions, 6 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
217% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 6
17% more funds holding
Funds holding: 29 → 34 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19.87% less ownership
Funds ownership: 79.67% → 59.8% (-20%)
30% less capital inflows, than outflows
Capital inflows: $9.07M | Capital outflows: $13M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kestra Advisory Services
Austin,
Texas
|
+$1.59M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$1.12M |
| 3 |
Independent Financial Group
San Diego,
California
|
+$800K |
| 4 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$741K |
| 5 |
World Investment Advisors
Santa Barbara,
California
|
+$722K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AE Wealth Management
Topeka,
Kansas
|
-$10M |
| 2 |
Allianz
Munich,
Germany
|
-$2.27M |
| 3 |
Old Mission Capital
Chicago,
Illinois
|
-$453K |
| 4 |
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
-$213K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$23.8K |
SPBW Hedge Fund Activity: Q2 2026 in Review
34 of the 8,372 institutional investors tracked by Wall St. Rank reported a position in AllianzIM Buffer20 Allocation ETF (SPBW) for Q2 2026, worth a combined $48.6M — down 2.6% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new SPBW positions and 1 closed out — a net gain of 5 holders — while 19 added to existing stakes and 6 trimmed.
The largest buyer was Kestra Advisory Services, adding an estimated $1.59M. The largest seller was AE Wealth Management, cutting an estimated $10M.
- 34 institutional investors held AllianzIM Buffer20 Allocation ETF (SPBW) as of Q2 2026, up from 29 in Q1 2026.
- Funds reported $48.6M of AllianzIM Buffer20 Allocation ETF stock for Q2 2026, down 2.6% quarter-over-quarter.
- 6 funds opened new AllianzIM Buffer20 Allocation ETF positions in Q2 2026 and 1 closed out, a net change of +5 holders.
- The largest AllianzIM Buffer20 Allocation ETF buyer in Q2 2026 was Kestra Advisory Services, an estimated $1.59M added.
- The largest AllianzIM Buffer20 Allocation ETF seller in Q2 2026 was AE Wealth Management, an estimated $10M sold.
Based on aggregated 13F filings for Q2 2026.