PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
123 hedge funds and large institutions have $602M invested in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund in 2026 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 43 increasing their positions, 45 reducing their positions, and 25 closing their positions.
61% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $10.8M
9% more capital invested
Capital invested by funds: $555M → $602M (+$47.4M)
5.14% more ownership
Funds ownership: 39.55% → 44.69% (+5.1%)
4% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 45
8% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 25
3% less funds holding
Funds holding: 127 → 123 (-4)
67% less funds holding in top 10
Funds holding in top 10: 6 → 2 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$34.1M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$18.1M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$10.8M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.3M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$23.3M |
| 2 |
Millennium Management
New York
|
-$6.4M |
| 3 |
CWM
Centurion Wealth Management
Mclean,
Virginia
|
-$6.15M |
| 4 |
GCM
Glaxis Capital Management
Sarasota,
Florida
|
-$4.48M |
| 5 |
MAWAG
Mid-American Wealth Advisory Group
Kansas City,
Missouri
|
-$3.94M |
ZROZ Hedge Fund Activity: Q2 2026 in Review
123 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) for Q2 2026, worth a combined $602M — up 8.6% from $555M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of ZROZ and 23 opened new positions — a net loss of 2 holders — while 45 trimmed existing stakes and 43 added.
The largest buyer was Bank of America, adding an estimated $34.1M. The largest seller was Mirae Asset Global Investments, cutting an estimated $23.3M.
- 123 institutional investors held PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund (ZROZ) as of Q2 2026, down from 127 in Q1 2026.
- Funds reported $602M of PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund stock for Q2 2026, up 8.6% quarter-over-quarter.
- 23 funds opened new PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund positions in Q2 2026 and 25 closed out, a net change of -2 holders.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund buyer in Q2 2026 was Bank of America, an estimated $34.1M added.
- The largest PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund seller in Q2 2026 was Mirae Asset Global Investments, an estimated $23.3M sold.
Based on aggregated 13F filings for Q2 2026.