PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
26 hedge funds and large institutions have $40.9M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 6 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
11.83% less ownership
Funds ownership: 38.25% → 26.42% (-12%)
13% less funds holding
Funds holding: 30 → 26 (-4)
64% less capital inflows, than outflows
Capital inflows: $10.6M | Capital outflows: $29.6M
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.21M |
| 2 |
First Allied Advisory Services
San Diego,
California
|
+$1.56M |
| 3 |
Jane Street
New York
|
+$1.21M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$1.18M |
| 5 |
MC
Moors & Cabot
Boston,
Massachusetts
|
+$854K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$23M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.42M |
| 3 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.55M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.14M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$619K |
ZROZ Hedge Fund Activity: Q3 2018 in Review
26 of the 4,392 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q3 2018, worth a combined $40.9M — down 35% from $62.6M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ZROZ and 2 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was Susquehanna International Group, adding an estimated $4.21M. The largest seller was Fidelity Investments, cutting an estimated $23M.
- 26 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q3 2018, down from 30 in Q2 2018.
- Funds reported $40.9M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q3 2018, down 35% quarter-over-quarter.
- 2 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q3 2018 and 6 closed out, a net change of -4 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q3 2018 was Susquehanna International Group, an estimated $4.21M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q3 2018 was Fidelity Investments, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2018.