PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
47 hedge funds and large institutions have $128M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2019 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 3 closing their positions.
467% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 3
54% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $1.85M
42% more funds holding
Funds holding: 33 → 47 (+14)
13% more capital invested
Capital invested by funds: $112M → $128M (+$15.1M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
6.93% less ownership
Funds ownership: 43.38% → 36.45% (-6.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$24M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.11M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.84M |
| 4 |
LPL Financial
San Diego,
California
|
+$2.44M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$1.51M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$26.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.73M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.39M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.13M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.04M |
ZROZ Hedge Fund Activity: Q3 2019 in Review
47 of the 4,574 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 2019, worth a combined $128M — up 13% from $112M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new ZROZ positions and 3 closed out — a net gain of 14 holders — while 11 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $24M. The largest seller was Advisor Group, cutting an estimated $26.4M.
- 47 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q3 2019, up from 33 in Q2 2019.
- Funds reported $128M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q3 2019, up 13% quarter-over-quarter.
- 17 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q3 2019 and 3 closed out, a net change of +14 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q3 2019 was Jane Street, an estimated $24M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q3 2019 was Advisor Group, an estimated $26.4M sold.
Based on aggregated 13F filings for Q3 2019.