PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
104 hedge funds and large institutions have $341M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 37 increasing their positions, 26 reducing their positions, and 21 closing their positions.
50% more call options, than puts
Call options by funds: $17.1M | Put options by funds: $11.4M
42% more repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 26
24% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 21
5% more funds holding
Funds holding: 99 → 104 (+5)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
10% less capital invested
Capital invested by funds: $379M → $341M (-$37.8M)
10.4% less ownership
Funds ownership: 50.77% → 40.37% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWM
Heirloom Wealth Management
Greenwood Village,
Colorado
|
+$9.18M |
| 2 |
GIA
Gladstone Institutional Advisory
Palm Beach Gardens,
Florida
|
+$7.7M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$7.32M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.6M |
| 5 |
Mariner
Overland Park,
Kansas
|
+$4.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$29.2M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$24.5M |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$20M |
| 4 |
CASC
Coppell Advisory Solutions Corp
Coppell,
Texas
|
-$20M |
| 5 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$16.2M |
ZROZ Hedge Fund Activity: Q1 2023 in Review
104 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q1 2023, worth a combined $341M — down 10% from $379M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new ZROZ positions and 21 closed out — a net gain of 5 holders — while 37 added to existing stakes and 26 trimmed.
The largest buyer was Heirloom Wealth Management, opening a new position worth an estimated $9.18M. The largest seller was Bank of America, cutting an estimated $29.2M.
- 104 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q1 2023, up from 99 in Q4 2022.
- Funds reported $341M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q1 2023, down 10% quarter-over-quarter.
- 26 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q1 2023 and 21 closed out, a net change of +5 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q1 2023 was Heirloom Wealth Management, an estimated $9.18M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q1 2023 was Bank of America, an estimated $29.2M sold.
Based on aggregated 13F filings for Q1 2023.