PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
27 hedge funds and large institutions have $72.6M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2015 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
31% more call options, than puts
Call options by funds: $350K | Put options by funds: $268K
17% more funds holding
Funds holding: 23 → 27 (+4)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
22% less capital invested
Capital invested by funds: $93.7M → $72.6M (-$21M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$6.23M |
| 2 |
PP
Pension Partners
New York
|
+$5.01M |
| 3 |
EM
EnTrustPermal Management
New York
|
+$4.26M |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$2.29M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$808K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.12M |
| 3 |
Jane Street
New York
|
-$4.24M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.03M |
| 5 |
Morgan Stanley
New York
|
-$891K |
ZROZ Hedge Fund Activity: Q4 2015 in Review
27 of the 3,824 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 2015, worth a combined $72.6M — down 22% from $93.7M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ZROZ positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 9 trimmed.
The largest buyer was LPL Financial, adding an estimated $6.23M. The largest seller was Bank of America, cutting an estimated $24.2M.
- 27 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q4 2015, up from 23 in Q3 2015.
- Funds reported $72.6M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q4 2015, down 22% quarter-over-quarter.
- 8 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q4 2015 and 4 closed out, a net change of +4 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q4 2015 was LPL Financial, an estimated $6.23M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q4 2015 was Bank of America, an estimated $24.2M sold.
Based on aggregated 13F filings for Q4 2015.