PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
30 hedge funds and large institutions have $62.6M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
11% more funds holding
Funds holding: 27 → 30 (+3)
10.53% less ownership
Funds ownership: 48.78% → 38.25% (-11%)
19% less capital invested
Capital invested by funds: $77.1M → $62.6M (-$14.4M)
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $368K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$1.51M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$908K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$819K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$599K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$386K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Pension Partners
New York
|
-$7.38M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.91M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.12M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.29M |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.01M |
ZROZ Hedge Fund Activity: Q2 2018 in Review
30 of the 4,385 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 2018, worth a combined $62.6M — down 19% from $77.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ZROZ positions and 3 closed out — a net gain of 4 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Freedom Investment Management, opening a new position worth an estimated $1.51M. The largest seller was Pension Partners, exiting entirely with an estimated $7.38M sold.
- 30 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q2 2018, up from 27 in Q1 2018.
- Funds reported $62.6M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q2 2018, down 19% quarter-over-quarter.
- 7 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q2 2018 and 3 closed out, a net change of +4 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q2 2018 was Freedom Investment Management, an estimated $1.51M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q2 2018 was Pension Partners, an estimated $7.38M sold.
Based on aggregated 13F filings for Q2 2018.