PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
39 hedge funds and large institutions have $67.8M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 17 reducing their positions, and 13 closing their positions.
17% less funds holding
Funds holding: 47 → 39 (-8)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
53% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 17
62% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 13
79% less capital invested
Capital invested by funds: $322M → $67.8M (-$254M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$4.76M |
| 2 |
KLC
Knowledge Leaders Capital
Denver,
Colorado
|
+$2.25M |
| 3 |
CWM
Concert Wealth Management
San Jose,
California
|
+$971K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$906K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$473K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$161M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$42.2M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$21M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$9.84M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$5.05M |
ZROZ Hedge Fund Activity: Q3 2016 in Review
39 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q3 2016, worth a combined $67.8M — down 79% from $322M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ZROZ and 5 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 8 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $4.76M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $161M sold.
- 39 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q3 2016, down from 47 in Q2 2016.
- Funds reported $67.8M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q3 2016, down 79% quarter-over-quarter.
- 5 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q3 2016 and 13 closed out, a net change of -8 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q3 2016 was Virtu KCG Holdings, an estimated $4.76M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q3 2016 was RiverFront Investment Group, an estimated $161M sold.
Based on aggregated 13F filings for Q3 2016.