PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
46 hedge funds and large institutions have $322M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 10 increasing their positions, 16 reducing their positions, and 12 closing their positions.
152% more capital invested
Capital invested by funds: $128M → $322M (+$194M)
17% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 12
5% more funds holding
Funds holding: 44 → 46 (+2)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5% less call options, than puts
Call options by funds: $217K | Put options by funds: $229K
38% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$149M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$37.8M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$23M |
| 4 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$8.58M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$6.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$24.6M |
| 2 |
LPL Financial
San Diego,
California
|
-$14.4M |
| 3 |
Morgan Stanley
New York
|
-$5.99M |
| 4 |
Allianz Asset Management
Munich,
Germany
|
-$5.34M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.68M |
ZROZ Hedge Fund Activity: Q2 2016 in Review
46 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q2 2016, worth a combined $322M — up 152% from $128M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new ZROZ positions and 12 closed out — a net gain of 2 holders — while 10 added to existing stakes and 16 trimmed.
The largest buyer was RiverFront Investment Group, opening a new position worth an estimated $149M. The largest seller was Bank of America, cutting an estimated $24.6M.
- 46 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q2 2016, up from 44 in Q1 2016.
- Funds reported $322M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q2 2016, up 152% quarter-over-quarter.
- 14 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q2 2016 and 12 closed out, a net change of +2 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q2 2016 was RiverFront Investment Group, an estimated $149M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q2 2016 was Bank of America, an estimated $24.6M sold.
Based on aggregated 13F filings for Q2 2016.