PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
37 hedge funds and large institutions have $62.6M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 9 closing their positions.
41.93% more ownership
Funds ownership: 0% → 41.93% (+42%)
5% less funds holding
Funds holding: 39 → 37 (-2)
8% less capital invested
Capital invested by funds: $67.8M → $62.6M (-$5.2M)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
17% less call options, than puts
Call options by funds: $272K | Put options by funds: $326K
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
+$19.1M |
| 2 |
Goldman Sachs
New York
|
+$3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.07M |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
+$1.36M |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CCP
Cardan Capital Partners
Denver,
Colorado
|
-$6.92M |
| 2 |
EM
EnTrustPermal Management
New York
|
-$4.42M |
| 3 |
Jane Street
New York
|
-$4.41M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.21M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.48M |
ZROZ Hedge Fund Activity: Q4 2016 in Review
37 of the 4,008 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 2016, worth a combined $62.6M — down 7.7% from $67.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of ZROZ and 8 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 9 added.
The largest buyer was Fidelity Investments, adding an estimated $19.1M. The largest seller was Cardan Capital Partners, exiting entirely with an estimated $6.92M sold.
- 37 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q4 2016, down from 39 in Q3 2016.
- Funds reported $62.6M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q4 2016, down 7.7% quarter-over-quarter.
- 8 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q4 2016 and 9 closed out, a net change of -1 holder.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q4 2016 was Fidelity Investments, an estimated $19.1M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q4 2016 was Cardan Capital Partners, an estimated $6.92M sold.
Based on aggregated 13F filings for Q4 2016.