PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
17 hedge funds and large institutions have $13.6M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 7 closing their positions.
6% less funds holding
Funds holding: 18 → 17 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
77% less capital invested
Capital invested by funds: $60M → $13.6M (-$46.4M)
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.07M |
| 3 |
Jane Street
New York
|
+$1.25M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$908K |
| 5 |
Goldman Sachs
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
Roosevelt Investment Group
New York
|
-$17.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$13.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$6.55M |
| 4 |
MAA
Managed Account Advisors
Jersey City,
New Jersey
|
-$6.46M |
| 5 |
NPC
National Planning Corporation
El Segundo,
California
|
-$2.44M |
ZROZ Hedge Fund Activity: Q4 2013 in Review
17 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q4 2013, worth a combined $13.6M — down 77% from $60M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ZROZ and 6 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 1 added.
The largest buyer was Royal Bank of Canada, adding an estimated $2.5M. The largest seller was Roosevelt Investment Group, exiting entirely with an estimated $17.7M sold.
- 17 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q4 2013, down from 18 in Q3 2013.
- Funds reported $13.6M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q4 2013, down 77% quarter-over-quarter.
- 6 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q4 2013 and 7 closed out, a net change of -1 holder.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q4 2013 was Royal Bank of Canada, an estimated $2.5M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q4 2013 was Roosevelt Investment Group, an estimated $17.7M sold.
Based on aggregated 13F filings for Q4 2013.