PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
144 hedge funds and large institutions have $760M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2025 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 41 increasing their positions, 60 reducing their positions, and 28 closing their positions.
18% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 28
11% more call options, than puts
Call options by funds: $10.4M | Put options by funds: $9.31M
2% more funds holding
Funds holding: 141 → 144 (+3)
1.07% more ownership
Funds ownership: 47.25% → 48.32% (+1.1%)
5% more capital invested
Capital invested by funds: $725M → $760M (+$35.4M)
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
32% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 60
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$37.4M |
| 2 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$19.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$11.9M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$9.9M |
| 5 |
OC
Oppenheimer & Co
New York
|
+$7.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$29.8M |
| 2 |
Jane Street
New York
|
-$16M |
| 3 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
-$11.8M |
| 4 |
BFF
Byrne Financial Freedom
Franklin,
Massachusetts
|
-$10.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$8.03M |
ZROZ Hedge Fund Activity: Q1 2025 in Review
144 of the 7,471 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 2025, worth a combined $760M — up 4.9% from $725M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new ZROZ positions and 28 closed out — a net gain of 5 holders — while 41 added to existing stakes and 60 trimmed.
The largest buyer was Mirae Asset Global Investments, adding an estimated $37.4M. The largest seller was Stifel Financial, cutting an estimated $29.8M.
- 144 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q1 2025, up from 141 in Q4 2024.
- Funds reported $760M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q1 2025, up 4.9% quarter-over-quarter.
- 33 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q1 2025 and 28 closed out, a net change of +5 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q1 2025 was Mirae Asset Global Investments, an estimated $37.4M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q1 2025 was Stifel Financial, an estimated $29.8M sold.
Based on aggregated 13F filings for Q1 2025.