PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
120 hedge funds and large institutions have $523M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2023 Q4 according to their latest regulatory filings, with 33 funds opening new positions, 43 increasing their positions, 25 reducing their positions, and 25 closing their positions.
72% more repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 25
32% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 25
26% more capital invested
Capital invested by funds: $413M → $523M (+$110M)
7% more funds holding
Funds holding: 112 → 120 (+8)
3% more call options, than puts
Call options by funds: $8.29M | Put options by funds: $8.06M
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
5.67% less ownership
Funds ownership: 45.2% → 39.53% (-5.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$29.6M |
| 2 |
KF
Krilogy Financial
St. Louis,
Missouri
|
+$20.8M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$20M |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$14.9M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$28.8M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$23.4M |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
-$16.9M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$12.7M |
| 5 |
AFA
Atlas Financial Advisors
Oroville,
California
|
-$11.2M |
ZROZ Hedge Fund Activity: Q4 2023 in Review
120 of the 6,869 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 2023, worth a combined $523M — up 26% from $413M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new ZROZ positions and 25 closed out — a net gain of 8 holders — while 43 added to existing stakes and 25 trimmed.
The largest buyer was LPL Financial, adding an estimated $29.6M. The largest seller was Jane Street, cutting an estimated $28.8M.
- 120 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q4 2023, up from 112 in Q3 2023.
- Funds reported $523M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q4 2023, up 26% quarter-over-quarter.
- 33 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q4 2023 and 25 closed out, a net change of +8 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q4 2023 was LPL Financial, an estimated $29.6M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q4 2023 was Jane Street, an estimated $28.8M sold.
Based on aggregated 13F filings for Q4 2023.