Vault-13

PIMCO ETF TR ZROZ

25YR+ ZERO U S · ETP · CUSIP 72201R882

145 institutional holders +3 vs Q4 2024
10,639,18810.6m shares reported held*
$760.2mreported value*
32 new 42 added 59 reduced 28 sold out net bought ≈ $13.3m (+181.2k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($35.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $71.45. Options: 3 managers hold calls ($10.4m notional), 5 hold puts ($9.8m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

050100150Q3 22: 79Q4 22: 101Q1 23: 105Q2 23: 113Q3 23: 113Q4 23: 121Q1 24: 107Q2 24: 120Q3 24: 134Q4 24: 142Q1 25: 145145Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 202279
Q4 2022101
Q1 2023105
Q2 2023113
Q3 2023113
Q4 2023121
Q1 2024107
Q2 2024120
Q3 2024134
Q4 2024142
Q1 2025145

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1000100Q2 23: 75 bought or addedQ2 23: 39 cut or sold outQ3 23: 64 bought or addedQ3 23: 54 cut or sold outQ3 23Q4 23: 73 bought or addedQ4 23: 50 cut or sold outQ1 24: 51 bought or addedQ1 24: 63 cut or sold outQ1 24Q2 24: 71 bought or addedQ2 24: 42 cut or sold outQ3 24: 75 bought or addedQ3 24: 56 cut or sold outQ3 24Q4 24: 69 bought or addedQ4 24: 74 cut or sold outQ1 25: 74 bought or addedQ1 25: 87 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 20237539
Q3 20236454
Q4 20237350
Q1 20245163
Q2 20247142
Q3 20247556
Q4 20246974
Q1 20257487

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$10m$20m$30m$40mQ2 24 calls: $10.0mQ2 24 puts: $10.6mQ2 24P/C 1.06Q3 24 calls: $17.1mQ3 24 puts: $38.8mQ3 24P/C 2.27Q4 24 calls: $8.1mQ4 24 puts: $9.9mQ4 24P/C 1.22Q1 25 calls: $10.4mQ1 25 puts: $9.8mQ1 25P/C 0.94
Numbers
QuarterCallsPutsP/C
Q2 2024$10.0m$10.6m1.06
Q3 2024$17.1m$38.8m2.27
Q4 2024$8.1m$9.9m1.22
Q1 2025$10.4m$9.8m0.94

Biggest buyers

Mirae Asset Global Investments Co., Ltd. Added +535,044+535.0k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Added +279,862+279.9k
BANK OF AMERICA CORP /DE/ Added +170,896+170.9k
Steward Partners Investment Advisory, LLC Added +141,759+141.8k
OPPENHEIMER & CO INC New +105,496+105.5k
Cyndeo Wealth Partners, LLC New +101,836+101.8k
GOLDMAN SACHS GROUP INC New +96,204+96.2k
RWA WEALTH PARTNERS, LLC Added +83,079+83.1k
TrueMark Investments, LLC New +77,492+77.5k
GenWealth Group, Inc. Added +66,397+66.4k

Biggest sellers

STIFEL FINANCIAL CORP Reduced -426,875-426.9k
JANE STREET GROUP, LLC Reduced -228,982-229.0k
BENJAMIN EDWARDS INC Reduced -168,358-168.4k
BYRNE FINANCIAL FREEDOM, LLC Reduced -154,791-154.8k
CITADEL ADVISORS LLC Reduced -114,950-115.0k
AE Wealth Management LLC Reduced -87,543-87.5k
UBS Group AG Reduced -83,635-83.6k
CONFLUENCE INVESTMENT MANAGEMENT LLC Reduced -81,120-81.1k
MORGAN STANLEY Reduced -75,172-75.2k
WELLS FARGO & COMPANY/MN Reduced -74,964-75.0k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $8.3m116.4k shares
CITADEL ADVISORS LLC Added $1.2m16.8k shares
WOLVERINE TRADING, LLC Added $831.4k11.8k shares

Biggest puts

CITADEL ADVISORS LLC Added $4.5m62.6k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $4.0m56.4k shares
WOLVERINE TRADING, LLC Added $782.1k11.1k shares
SIMPLEX TRADING, LLC Added $468.0k7.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mirae Asset Global Investments Co., Ltd. 0.53% of their portfolio SEOUL, M5 1,857,1931.9m $130.9m $130.9m 0.53% Added +535.0k +535,044
2 RWA WEALTH PARTNERS, LLC 0.78% of their portfolio BOSTON, MA 864,229864.2k $61.9m $61.9m 0.78% Added +83.1k +83,079
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 824,834824.8k $59.1m $59.1m 0.02% Reduced -38.1k -38,087
4 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 810,644810.6k $58.1m $58.1m 0.01% Added +170.9k +170,896
5 STIFEL FINANCIAL CORP 0.04% of their portfolio ST. LOUIS, MO 480,240480.2k $34.4m $34.4m 0.04% Reduced -426.9k -426,875
6 BENJAMIN EDWARDS INC 0.34% of their portfolio Clayton, MO 336,812336.8k $24.1m $24.1m 0.34% Reduced -168.4k -168,358
7 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.04% of their portfolio PLYMOUTH, MN 315,842315.8k $22.6m $22.6m 0.04% Added +279.9k +279,862
8 Carrera Capital Advisors 4.82% of their portfolio TROY, MI 303,818303.8k $21.8m $21.8m 4.82% Added +22.7k +22,707
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 302,391302.4k $21.7m $21.7m 0.00% Reduced -75.2k -75,172
10 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 294,482294.5k $21.1m $21.1m 0.01% Reduced -55.3k -55,295
11 GenWealth Group, Inc. 4.62% of their portfolio Maplewood, NJ 292,599292.6k $21.0m $21.0m 4.62% Added +66.4k +66,397
12 RiverFront Investment Group, LLC 0.40% of their portfolio RICHMOND, VA 249,294249.3k $17.9m $17.9m 0.40% Reduced -3.2k -3,214
13 Krilogy Financial LLC 0.83% of their portfolio ST. LOUIS, MO 178,016178.0k $12.8m $12.8m 0.83% Added +34.3k +34,271
14 Steward Partners Investment Advisory, LLC 0.09% of their portfolio STAMFORD, CT 145,654145.7k $10.4m $10.4m 0.09% Added +141.8k +141,759
15 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 145,063145.1k $10.4m $10.4m 0.00% Reduced -20.1k -20,067
16 Goodman Advisory Group, LLC 3.02% of their portfolio NEEDHAM, MA 138,070138.1k $9.9m $9.9m 3.02% Added +10.9k +10,863
17 CONFLUENCE INVESTMENT MANAGEMENT LLC 0.13% of their portfolio ST. LOUIS, MO 125,161125.2k $9.0m $9.0m 0.13% Reduced -81.1k -81,120
18 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 111,419111.4k $8.0m $8.0m 0.01% Reduced -3.0k -2,982
19 OPPENHEIMER & CO INC 0.11% of their portfolio NEW YORK, NY 105,496105.5k $7.6m $7.6m 0.11% New
20 CREATIVE FINANCIAL DESIGNS INC /ADV 0.58% of their portfolio KOKOMO, IN 101,944101.9k $7.3m $7.3m 0.58% Added +25 +25
21 Cyndeo Wealth Partners, LLC 0.48% of their portfolio ST. PETERSBURG, FL 101,836101.8k $7.3m $7.3m 0.48% New
22 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 96,20996.2k $6.9m $6.9m 0.00% Reduced -27.8k -27,842
23 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 96,20496.2k $6.9m $6.9m 0.00% New
24 CPC Advisors, LLC 0.94% of their portfolio Atlanta, GA 95,79395.8k $6.9m $6.9m 0.94% Added +2.9k +2,934
25 Cambridge Investment Research Advisors, Inc. 0.02% of their portfolio FAIRFIELD, IA 86,82086.8k $6.2m $6.2m 0.02% Added +15.7k +15,748
26 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 83,94583.9k $6.0m $6.0m 0.00% Reduced -629 -629
27 Paragon Advisors, LLC 2.21% of their portfolio COLLEGE STATION, TX 81,48081.5k $5.8m $5.8m 2.21% Added +16 +16
28 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 80,11680.1k $5.7m $5.7m 0.01% Reduced -69.2k -69,195
29 IHT Wealth Management, LLC 0.18% of their portfolio Chicago, IL 78,93478.9k $5.7m $5.7m 0.18% Reduced -3.9k -3,910
30 TrueMark Investments, LLC 1.45% of their portfolio CHICAGO, IL 77,49277.5k $5.6m $5.6m 1.45% New
31 WCG Wealth Advisors LLC 0.42% of their portfolio LAS VEGAS, NV 76,62976.6k $5.5m $5.5m 0.42% Reduced -8.1k -8,079
32 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 74,79874.8k $5.4m $5.4m 0.00% Reduced -75.0k -74,964
33 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 74,49974.5k $5.2m $5.2m 0.00% Added +10.7k +10,708
34 CONSILIO WEALTH ADVISORS, LLC 1.95% of their portfolio BELLEVUE, WA 65,30565.3k $4.7m $4.7m 1.95% Added +15.5k +15,486
35 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 64,90164.9k $4.6m $4.6m 0.00% Reduced -115.0k -114,950
36 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 63,43463.4k $4.5m $4.5m 0.00% Reduced -5.2k -5,176
37 UBS Group AG 0.00% of their portfolio ZURICH, V8 62,18962.2k $4.5m $4.5m 0.00% Reduced -83.6k -83,635
38 Arlington Capital Management, Inc. 3.35% of their portfolio ARLINGTON HEIGHTS, IL 61,62461.6k $4.4m $4.4m 3.35% Added +2.2k +2,182
39 Legacy Private Trust Co. 0.29% of their portfolio NEENAH, WI 58,92358.9k $4.2m $4.2m 0.29% Reduced -666 -666
40 Capitolis Liquid Global Markets LLC 0.04% of their portfolio NEW YORK, NY 56,90056.9k $4.1m $4.1m 0.04% New
41 Valtinson Bruner Financial Planning LLC 1.35% of their portfolio NEW BRIGHTON, MN 55,63255.6k $4.0m $4.0m 1.35% Reduced -17.3k -17,327
42 Mid-American Wealth Advisory Group, Inc. 1.83% of their portfolio KANSAS CITY, MO 47,50047.5k $3.4m $3.4m 1.83% Reduced -43.7k -43,711
43 &PARTNERS 0.03% of their portfolio NASHVILLE, TN 42,85842.9k $3.0m $3.0m 0.03% Added +5.9k +5,885
44 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 40,95241.0k $2.9m $2.9m 0.03% Unchanged
45 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 38,97639.0k $2.8m $2.8m 0.01% Reduced -96 -96
46 Timber Creek Capital Management LLC 0.71% of their portfolio BOSTON, MA 37,33937.3k $2.7m $2.7m 0.71% New
47 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 36,77236.8k $2.6m $2.6m 0.02% Reduced -87.5k -87,543
48 SHEPHERD KAPLAN KROCHUK, LLC 2.16% of their portfolio Boston, MA 35,15235.2k $2.5m $2.5m 2.16% New
49 Marex Group Ltd 0.05% of their portfolio London, X0 34,97435.0k $2.5m $2.5m 0.05% New
50 Cassaday & Co Wealth Management LLC 0.07% of their portfolio MCLEAN, VA 33,96234.0k $2.4m $2.4m 0.07% Added +10.0k +10,000
51 GTS SECURITIES LLC 0.10% of their portfolio NEW YORK, NY 33,16633.2k $2.4m $2.4m 0.10% New
52 OKABENA INVESTMENT SERVICES INC 0.58% of their portfolio MINNEAPOLIS, MN 31,97732.0k $2.3m $2.3m 0.58% Added +3.1k +3,053
53 CHB Investment Group, LLC 1.22% of their portfolio NEW HOPE, PA 31,90731.9k $2.3m $2.3m 1.22% Added +2.1k +2,063
54 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 30,45930.5k $2.2m $2.2m 0.00% Reduced -280 -280
55 Andina Capital Management, LLC 1.51% of their portfolio LOGAN, UT 29,68029.7k $2.1m $2.1m 1.51% New
56 Provident Wealth Management, LLC 0.65% of their portfolio BRENTWOOD, TN 26,14226.1k $1.9m $1.9m 0.65% Reduced -2.0k -2,032
57 Callodine Capital Management, LP 0.30% of their portfolio BOSTON, MA 25,00025.0k $1.8m $1.8m 0.30% New
58 Eldridge Investment Advisors, Inc. 0.39% of their portfolio MANCHESTER, NH 23,78823.8k $1.7m $1.7m 0.39% New
59 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 23,18423.2k $1.7m $1.7m 0.06% Added +2.0k +1,998
60 Tidal Investments LLC 0.01% of their portfolio Milwaukee, WI 19,12819.1k $1.4m $1.4m 0.01% New
61 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,91518.9k $1.4m $1.4m 0.00% Reduced -520 -520
62 Glaxis Capital Management, LLC 4.68% of their portfolio SARASOTA, FL 16,92516.9k $1.2m $1.2m 4.68% New
63 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 16,23916.2k $1.1m $1.1m 0.03% New
64 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 15,68515.7k $1.1m $1.1m 0.00% Reduced -302 -302
65 CWM, LLC 0.00% of their portfolio OMAHA, NE 15,27315.3k $1.1m $1.1m 0.00% Added +14.8k +14,833
66 EQ WEALTH ADVISORS, LLC 0.87% of their portfolio DALLAS, TX 15,23015.2k $1.1m $1.1m 0.87% Reduced -888 -888
67 Coppell Advisory Solutions LLC 0.21% of their portfolio COPPELL, TX 15,15115.2k $1.5m $1.5m 0.21% Added +12.8k +12,811
68 FLP Wealth Management, LLC 3.45% of their portfolio BENTONVILLE, AR 15,14715.1k $1.1m $1.1m 3.45% Reduced -50 -50
69 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 14,92414.9k $1.1m $1.1m 0.02% Added +66 +66
70 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 13,98914.0k $1.0m $1.0m 0.00% Added +944 +944
71 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 12,90412.9k $924.3k $924.3k 0.01% Added +1.5k +1,504
72 LEVEL FOUR ADVISORY SERVICES, LLC 0.04% of their portfolio DALLAS, TX 12,27812.3k $879.5k $879.5k 0.04% New
73 Maridea Wealth Management LLC 0.26% of their portfolio BROOKLYN, NY 10,91010.9k $781.5k $781.5k 0.26% Added +1.7k +1,658
74 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 10,67110.7k $764.4k $764.4k 0.00% Added +4.3k +4,300
75 Atria Investments, Inc 0.01% of their portfolio Charlotte, NC 10,34110.3k $740.7k $740.7k 0.01% Added +1.1k +1,087
76 COMERICA BANK 0.00% of their portfolio DALLAS, TX 9,8939.9k $708.6k $708.6k 0.00% Added +4.5k +4,459
77 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 9,8809.9k $707.7k $707.7k 0.01% Reduced -467 -467
78 Elevated Capital Advisors, LLC 0.19% of their portfolio SANDY, UT 9,2869.3k $665.2k $665.2k 0.19% Added +314 +314
79 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 9,2029.2k $659.1k $659.1k 0.00% Reduced -1.6k -1,576
80 ALLIUM FINANCIAL ADVISORS, LLC 0.58% of their portfolio LAKE OSWEGO, OR 8,8838.9k $636.3k $636.3k 0.58% First filing
81 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 8,5058.5k $609.2k $609.2k 0.00% Reduced -229.0k -228,982
82 Colonial River Investments, LLC 0.33% of their portfolio MIDLOTHIAN, VA 8,4688.5k $606.6k $606.6k 0.33% New
83 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 8,1998.2k $587.3k $587.3k 0.00% Reduced -4.1k -4,056
84 PRIVATE TRUST CO NA 0.06% of their portfolio CLEVELAND, OH 7,9177.9k $567.1k $567.1k 0.06% Added +6.2k +6,171
85 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 7,1767.2k $514.0k $514.0k 0.01% Reduced -4 -4
86 BlackRock, Inc. 0.00% of their portfolio New York, NY 7,1007.1k $508.6k $508.6k 0.00% Added +6.6k +6,600
87 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 6,9286.9k $496.3k $496.3k 0.01% Reduced -7.6k -7,638
88 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 6,9086.9k $494.8k $494.8k 0.02% Added +6 +6
89 TWO SIGMA SECURITIES, LLC 0.07% of their portfolio NEW YORK, NY 6,4876.5k $464.7k $464.7k 0.07% Reduced -1.1k -1,055
90 Visionary Wealth Advisors 0.03% of their portfolio O'FALLON, IL 6,0856.1k $435.9k $435.9k 0.03% Reduced -6.8k -6,846
91 Formidable Asset Management, LLC 0.07% of their portfolio CINCINNATI, OH 5,9626.0k $427.1k $427.1k 0.07% Added +639 +639
92 Great Lakes Retirement, Inc. 0.05% of their portfolio SANDUSKY, OH 5,7485.7k $411.7k $411.7k 0.05% Reduced -1.5k -1,505
93 Atria Wealth Solutions, Inc. 0.00% of their portfolio NEW YORK, NY 5,7115.7k $409.1k $409.1k 0.00% Unchanged
94 E Fund Management (Hong Kong) Co., Ltd. 0.33% of their portfolio CENTRAL, K3 5,1395.1k $368.0k $368.0k 0.33% New
95 E Fund Management Co., Ltd. 0.02% of their portfolio GUANGZHOU, F4 5,1395.1k $368.1k $368.1k 0.02% New
96 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 4,9114.9k $351.0k $351.0k 0.01% Added +2.6k +2,564
97 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 4,3264.3k $309.9k $309.9k 0.00% Reduced -7.0k -7,043
98 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 4,1904.2k $300.1k $300.1k 0.01% New
99 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4,1494.1k $297.2k $297.2k 0.00% Unchanged
100 Prosperity Wealth Management, Inc. 0.14% of their portfolio San Ramon, CA 4,1024.1k $293.8k $293.8k 0.14% New