F/M 2-Year Investment Grade Corporate Bond ETF
ZTWO
8 hedge funds and large institutions have $154M invested in F/M 2-Year Investment Grade Corporate Bond ETF in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
11% more capital invested
Capital invested by funds: $139M → $154M (+$15.3M)
9.28% more ownership
Funds ownership: 103.67% → 112.95% (+9.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
11% less funds holding
Funds holding: 9 → 8 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$13.3M |
| 2 |
CCM
Crew Capital Management
Cincinnati,
Ohio
|
+$1.32M |
| 3 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$640K |
| 4 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$307K |
| 5 |
CBT
Crews Bank & Trust
Wauchula,
Florida
|
+$121K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$628K |
| 2 |
Lido Advisors
Los Angeles,
California
|
-$471K |
| 3 |
US Bancorp
Minneapolis,
Minnesota
|
-$2.73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FMI
1
F/M Investments
Washington,
District of Columbia
| $129M | +$307K | +6,072 | +0.2% |
|
|
2
Jane Street
New York
| $15.5M | +$13.3M | +263,616 | +645% |
|
|
3
Lido Advisors
Los Angeles,
California
| $5.62M | -$471K | -9,324 | -8% |
|
|
CCM
4
Crew Capital Management
Cincinnati,
Ohio
| $1.59M | +$1.32M | +26,130 | +499% |
|
|
BCA
5
Bay Colony Advisors
Concord,
Massachusetts
| $643K | +$640K | +12,656 | New |
|
|
CBT
6
Crews Bank & Trust
Wauchula,
Florida
| $576K | +$121K | +2,400 | +27% |
|
7
Raymond James Financial
St Petersburg,
Florida
| $333K | +$55.2K | +1,093 | +20% |
|
8
Creative Planning
Overland Park,
Kansas
| $203K | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$628K | -12,413 | Closed |
|
|
10
US Bancorp
Minneapolis,
Minnesota
| – | -$2.73K | -54 | Closed |
|
ZTWO Hedge Fund Activity: Q2 2025 in Review
8 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) for Q2 2025, worth a combined $154M — up 11% from $139M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ZTWO and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $13.3M. The largest seller was Citadel Advisors, exiting entirely with an estimated $628K sold.
- 8 institutional investors held F/M 2-Year Investment Grade Corporate Bond ETF (ZTWO) as of Q2 2025, down from 9 in Q1 2025.
- Funds reported $154M of F/M 2-Year Investment Grade Corporate Bond ETF stock for Q2 2025, up 11% quarter-over-quarter.
- 1 fund opened new F/M 2-Year Investment Grade Corporate Bond ETF positions in Q2 2025 and 2 closed out, a net change of -1 holder.
- The largest F/M 2-Year Investment Grade Corporate Bond ETF buyer in Q2 2025 was Jane Street, an estimated $13.3M added.
- The largest F/M 2-Year Investment Grade Corporate Bond ETF seller in Q2 2025 was Citadel Advisors, an estimated $628K sold.
Based on aggregated 13F filings for Q2 2025.