Vault-13

PIMCO ETF TR ZROZ

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

134 institutional holders -11 vs Q1 2025
10,801,79210.8m shares reported held*
$724.1mreported value*
19 new 61 added 38 reduced 32 sold out net bought ≈ $10.9m (+161.9k 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. Holder counts are more reliable. Implied quarter-end price ≈ $67.03. Options: 2 managers hold calls ($12.2m notional), 7 hold puts ($11.5m).

Trends to Q2 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: 145Q2 25: 134134Q3 22Q2 23Q1 24Q4 24Q2 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
Q2 2025134

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 23: 64 bought or addedQ3 23: 54 cut or sold outQ4 23: 73 bought or addedQ4 23: 50 cut or sold outQ4 23Q1 24: 51 bought or addedQ1 24: 63 cut or sold outQ2 24: 71 bought or addedQ2 24: 42 cut or sold outQ2 24Q3 24: 75 bought or addedQ3 24: 56 cut or sold outQ4 24: 69 bought or addedQ4 24: 74 cut or sold outQ4 24Q1 25: 74 bought or addedQ1 25: 87 cut or sold outQ2 25: 80 bought or addedQ2 25: 70 cut or sold outQ2 25
Numbers
QuarterBought or addedCut or sold out
Q3 20236454
Q4 20237350
Q1 20245163
Q2 20247142
Q3 20247556
Q4 20246974
Q1 20257487
Q2 20258070

Calls vs puts

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

CallsPuts
$0$10m$20m$30m$40mQ3 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 0.94Q2 25 calls: $12.2mQ2 25 puts: $11.5mQ2 25P/C 0.95
Numbers
QuarterCallsPutsP/C
Q3 2024$17.1m$38.8m2.27
Q4 2024$8.1m$9.9m1.22
Q1 2025$10.4m$9.8m0.94
Q2 2025$12.2m$11.5m0.95

Biggest buyers

Mirae Asset Global Investments Co., Ltd. Added +866,574+866.6k
BANK OF AMERICA CORP /DE/ Added +224,071+224.1k
CPC Advisors, LLC Added +201,832+201.8k
RiverFront Investment Group, LLC Added +184,605+184.6k
ENVESTNET ASSET MANAGEMENT INC Added +179,061+179.1k
JANE STREET GROUP, LLC Added +143,803+143.8k
ROYAL BANK OF CANADA Added +107,578+107.6k
Mid-American Wealth Advisory Group, Inc. Added +76,450+76.5k
Rockefeller Capital Management L.P. New +71,372+71.4k
RAYMOND JAMES FINANCIAL INC Added +67,363+67.4k

Biggest sellers

STIFEL FINANCIAL CORP Reduced -410,060-410.1k
BENJAMIN EDWARDS INC Sold out -336,812-336.8k
RWA WEALTH PARTNERS, LLC Reduced -265,941-265.9k
Carrera Capital Advisors Reduced -228,346-228.3k
WEALTH ENHANCEMENT ADVISORY SERVICES, LLC Reduced -211,716-211.7k
CONFLUENCE INVESTMENT MANAGEMENT LLC Sold out -125,161-125.2k
Goodman Advisory Group, LLC Reduced -112,389-112.4k
OPPENHEIMER & CO INC Reduced -96,568-96.6k
TrueMark Investments, LLC Sold out -77,492-77.5k
WCG Wealth Advisors LLC Sold out -76,629-76.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $10.9m162.6k shares
WOLVERINE TRADING, LLC Added $1.2m18.9k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $5.6m83.9k shares
CITADEL ADVISORS LLC Reduced $4.0m59.6k shares
IMC-Chicago, LLC New $1.0m15.0k shares
SIMPLEX TRADING, LLC Added $493.0k7.7k shares
WOLVERINE TRADING, LLC Reduced $415.4k6.3k shares
GROUP ONE TRADING LLC New $6.7k100 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, Q2 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Mirae Asset Global Investments Co., Ltd. 0.64% of their portfolio SEOUL, M5 2,723,7672.7m $182.7m $182.7m 0.64% Added +866.6k +866,574
2 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,034,7151.0m $69.4m $69.4m 0.01% Added +224.1k +224,071
3 LPL Financial LLC 0.02% of their portfolio FORT MILL, SC 812,933812.9k $54.5m $54.5m 0.02% Reduced -11.9k -11,901
4 RWA WEALTH PARTNERS, LLC 0.50% of their portfolio BOSTON, MA 598,288598.3k $40.1m $40.1m 0.50% Reduced -265.9k -265,941
5 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 473,543473.5k $31.8m $31.8m 0.01% Added +179.1k +179,061
6 RiverFront Investment Group, LLC 0.57% of their portfolio RICHMOND, VA 433,899433.9k $29.1m $29.1m 0.57% Added +184.6k +184,605
7 CPC Advisors, LLC 2.51% of their portfolio Atlanta, GA 297,625297.6k $20.0m $20.0m 2.51% Added +201.8k +201,832
8 GenWealth Group, Inc. 3.99% of their portfolio Maplewood, NJ 295,344295.3k $19.8m $19.8m 3.99% Added +2.7k +2,745
9 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 248,389248.4k $16.7m $16.7m 0.00% Reduced -54.0k -54,002
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 212,426212.4k $14.2m $14.2m 0.00% Added +67.4k +67,363
11 Krilogy Financial LLC 0.75% of their portfolio ST. LOUIS, MO 193,864193.9k $13.0m $13.0m 0.75% Added +15.8k +15,848
12 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 171,012171.0k $11.5m $11.5m 0.00% Added +107.6k +107,578
13 JANE STREET GROUP, LLC 0.02% of their portfolio NEW YORK, NY 152,308152.3k $10.2m $10.2m 0.02% Added +143.8k +143,803
14 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 142,423142.4k $9.6m $9.6m 0.01% Added +31.0k +31,004
15 CITADEL ADVISORS LLC 0.01% of their portfolio MIAMI, FL 130,929130.9k $8.8m $8.8m 0.01% Added +66.0k +66,028
16 Mid-American Wealth Advisory Group, Inc. 3.95% of their portfolio KANSAS CITY, MO 123,950124.0k $8.3m $8.3m 3.95% Added +76.5k +76,450
17 CREATIVE FINANCIAL DESIGNS INC /ADV 0.58% of their portfolio KOKOMO, IN 120,555120.6k $8.1m $8.1m 0.58% Added +18.6k +18,611
18 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.01% of their portfolio PLYMOUTH, MN 104,126104.1k $6.8m $6.8m 0.01% Reduced -211.7k -211,716
19 Cyndeo Wealth Partners, LLC 0.41% of their portfolio ST. PETERSBURG, FL 103,388103.4k $6.9m $6.9m 0.41% Added +1.6k +1,552
20 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 101,814101.8k $6.8m $6.8m 0.00% Added +5.6k +5,605
21 IHT Wealth Management, LLC 0.17% of their portfolio Chicago, IL 91,66191.7k $6.1m $6.1m 0.17% Added +12.7k +12,727
22 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 88,27488.3k $5.9m $5.9m 0.00% Added +4.3k +4,329
23 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 86,56086.6k $5.7m $5.7m 0.00% Added +12.1k +12,061
24 Steward Partners Investment Advisory, LLC 0.04% of their portfolio STAMFORD, CT 80,65680.7k $5.4m $5.4m 0.04% Reduced -65.0k -64,998
25 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 79,18679.2k $5.3m $5.3m 0.00% Added +4.4k +4,388
26 Carrera Capital Advisors 1.02% of their portfolio TROY, MI 75,47275.5k $5.1m $5.1m 1.02% Reduced -228.3k -228,346
27 GTS SECURITIES LLC 0.22% of their portfolio NEW YORK, NY 75,15375.2k $5.0m $5.0m 0.22% Added +42.0k +41,987
28 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 71,37271.4k $4.8m $4.8m 0.01% New
29 CONSILIO WEALTH ADVISORS, LLC 1.66% of their portfolio BELLEVUE, WA 70,55370.6k $4.7m $4.7m 1.66% Added +5.2k +5,248
30 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 70,18070.2k $4.7m $4.7m 0.00% Reduced -410.1k -410,060
31 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 66,70366.7k $4.5m $4.5m 0.01% Reduced -20.1k -20,117
32 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 66,30766.3k $4.4m $4.4m 0.01% Added +27.3k +27,331
33 Arlington Capital Management, Inc. 3.60% of their portfolio ARLINGTON HEIGHTS, IL 61,73361.7k $4.1m $4.1m 3.60% Added +109 +109
34 Marex Group Ltd 0.07% of their portfolio London, X0 58,75758.8k $3.9m $3.9m 0.07% Added +23.8k +23,783
35 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 57,59657.6k $3.9m $3.9m 0.01% Added +53.3k +53,270
36 Paragon Advisors, LLC 0.96% of their portfolio COLLEGE STATION, TX 54,60954.6k $3.7m $3.7m 0.96% Reduced -26.9k -26,871
37 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 50,06850.1k $3.4m $3.4m 0.00% Reduced -46.1k -46,136
38 Valtinson Bruner Financial Planning LLC 1.05% of their portfolio NEW BRIGHTON, MN 49,74849.7k $3.3m $3.3m 1.05% Reduced -5.9k -5,884
39 SHEPHERD KAPLAN KROCHUK, LLC 2.79% of their portfolio Boston, MA 47,81447.8k $3.2m $3.2m 2.79% Added +12.7k +12,662
40 &PARTNERS 0.02% of their portfolio NASHVILLE, TN 43,09043.1k $2.9m $2.9m 0.02% Added +232 +232
41 OneDigital Investment Advisors LLC 0.03% of their portfolio OVERLAND PARK, KS 42,05242.1k $2.8m $2.8m 0.03% Added +1.1k +1,100
42 Timber Creek Capital Management LLC 0.70% of their portfolio BOSTON, MA 41,36241.4k $2.8m $2.8m 0.70% Added +4.0k +4,023
43 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 38,20738.2k $2.6m $2.6m 0.02% Added +1.4k +1,435
44 Capitolis Liquid Global Markets LLC 0.02% of their portfolio NEW YORK, NY 38,20038.2k $2.6m $2.6m 0.02% Reduced -18.7k -18,700
45 Cassaday & Co Wealth Management LLC 0.06% of their portfolio MCLEAN, VA 37,27037.3k $2.5m $2.5m 0.06% Added +3.3k +3,308
46 Legacy Private Trust Co. 0.16% of their portfolio NEENAH, WI 36,15336.2k $2.4m $2.4m 0.16% Reduced -22.8k -22,770
47 Authentikos Wealth Advisory, LLC 1.56% of their portfolio MORGAN HILL, CA 33,43833.4k $2.2m $2.2m 1.56% Added +30.1k +30,068
48 CHB Investment Group, LLC 1.10% of their portfolio NEW HOPE, PA 32,25732.3k $2.2m $2.2m 1.10% Added +350 +350
49 OKABENA INVESTMENT SERVICES INC 0.48% of their portfolio MINNEAPOLIS, MN 31,97732.0k $2.1m $2.1m 0.48% Unchanged
50 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 31,10631.1k $2.1m $2.1m 0.00% Added +647 +647
51 BlackRock, Inc. 0.00% of their portfolio New York, NY 29,62029.6k $2.0m $2.0m 0.00% Added +22.5k +22,520
52 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 28,45628.5k $1.9m $1.9m 0.00% Reduced -51.7k -51,660
53 UBS Group AG 0.00% of their portfolio ZURICH, V8 28,42728.4k $1.9m $1.9m 0.00% Reduced -33.8k -33,762
54 WEDBUSH SECURITIES INC 0.06% of their portfolio PASADENA, CA 27,41627.4k $1.8m $1.8m 0.06% Added +4.2k +4,232
55 Goodman Advisory Group, LLC 0.59% of their portfolio NEEDHAM, MA 25,68125.7k $1.7m $1.7m 0.59% Reduced -112.4k -112,389
56 Provident Wealth Management, LLC 0.56% of their portfolio BRENTWOOD, TN 25,39925.4k $1.7m $1.7m 0.56% Reduced -743 -743
57 Tower Research Capital LLC (TRC) 0.04% of their portfolio NEW YORK, NY 23,89523.9k $1.6m $1.6m 0.04% Added +23.8k +23,769
58 Prospera Financial Services Inc 0.03% of their portfolio Dallas, TX 23,21523.2k $1.6m $1.6m 0.03% Added +8.3k +8,291
59 Andina Capital Management, LLC 1.08% of their portfolio LOGAN, UT 22,93722.9k $1.5m $1.5m 1.08% Reduced -6.7k -6,743
60 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,80722.8k $1.5m $1.5m 0.00% Added +7.1k +7,122
61 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 21,57221.6k $1.4m $1.4m 0.00% Added +10.9k +10,901
62 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 18,82518.8k $1.3m $1.3m 0.00% Added +9.6k +9,623
63 Mariner, LLC 0.00% of their portfolio Overland Park, KS 18,55318.6k $1.2m $1.2m 0.00% Reduced -362 -362
64 Mutual Advisors, LLC 0.03% of their portfolio OMAHA, NE 18,39118.4k $1.2m $1.2m 0.03% Added +2.2k +2,152
65 Quadrature Capital Ltd 0.02% of their portfolio LONDON, X0 14,13914.1k $948.4k $948.4k 0.02% New
66 Sanctuary Advisors, LLC 0.00% of their portfolio INDIANAPOLIS, IN 11,57011.6k $776.0k $776.0k 0.00% Reduced -1.3k -1,334
67 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 10,52710.5k $706.0k $706.0k 0.00% Reduced -3.5k -3,462
68 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 10,12410.1k $656.7k $656.7k 0.01% Added +244 +244
69 NORTHERN TRUST CORP 0.00% of their portfolio CHICAGO, IL 10,00010.0k $670.7k $670.7k 0.00% New
70 StoneX Group Inc. 0.03% of their portfolio NEW YORK, NY 10,00010.0k $670.7k $670.7k 0.03% New
71 Foundations Investment Advisors, LLC 0.01% of their portfolio PHOENIX, AZ 9,7229.7k $652.0k $652.0k 0.01% Added +2.8k +2,794
72 Elevated Capital Advisors, LLC 0.19% of their portfolio SANDY, UT 9,2869.3k $665.2k $665.2k 0.19% Unchanged
73 Colonial River Investments, LLC 0.26% of their portfolio MIDLOTHIAN, VA 9,1989.2k $599.1k $599.1k 0.26% Added +730 +730
74 AXXCESS WEALTH MANAGEMENT, LLC 0.01% of their portfolio CARLSBAD, CA 9,0099.0k $604.2k $604.2k 0.01% New
75 OPPENHEIMER & CO INC 0.01% of their portfolio NEW YORK, NY 8,9288.9k $598.8k $598.8k 0.01% Reduced -96.6k -96,568
76 ALLIUM FINANCIAL ADVISORS, LLC 0.52% of their portfolio LAKE OSWEGO, OR 8,8838.9k $595.8k $595.8k 0.52% Unchanged
77 FLP Wealth Management, LLC 1.65% of their portfolio BENTONVILLE, AR 8,7408.7k $586.2k $586.2k 1.65% Reduced -6.4k -6,407
78 Matisse Capital 0.28% of their portfolio PORTLAND, OR 8,7008.7k $583.5k $583.5k 0.28% New
79 COMERICA BANK 0.00% of their portfolio DALLAS, TX 8,5908.6k $576.1k $576.1k 0.00% Reduced -1.3k -1,303
80 Corient Private Wealth LP 0.00% of their portfolio MIAMI, FL 8,1758.2k $548.3k $548.3k 0.00% Reduced -24 -24
81 BCWM, LLC 0.16% of their portfolio OVERLAND PARK, KS 7,7137.7k $517.3k $517.3k 0.16% New
82 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 7,4317.4k $498.4k $498.4k 0.00% Added +255 +255
83 PRIVATE TRUST CO NA 0.05% of their portfolio CLEVELAND, OH 7,4027.4k $496.4k $496.4k 0.05% Reduced -515 -515
84 TWO SIGMA SECURITIES, LLC 0.06% of their portfolio NEW YORK, NY 6,9887.0k $468.7k $468.7k 0.06% Added +501 +501
85 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 6,6716.7k $447.0k $447.0k 0.01% Added +1.8k +1,760
86 Prosperity Wealth Management, Inc. 0.15% of their portfolio San Ramon, CA 6,1766.2k $414.2k $414.2k 0.15% Added +2.1k +2,074
87 Formidable Asset Management, LLC 0.07% of their portfolio CINCINNATI, OH 5,9626.0k $427.1k $427.1k 0.07% Unchanged
88 Great Lakes Retirement, Inc. 0.04% of their portfolio SANDUSKY, OH 5,5325.5k $371.0k $371.0k 0.04% Reduced -216 -216
89 HOLLENCREST CAPITAL MANAGEMENT 0.02% of their portfolio NEWPORT BEACH, CA 5,3795.4k $360.7k $360.7k 0.02% Reduced -1.5k -1,529
90 Concurrent Investment Advisors, LLC 0.01% of their portfolio Tampa, FL 4,9174.9k $329.8k $329.8k 0.01% Added +1.5k +1,460
91 INTEGRITY ALLIANCE, LLC. 0.02% of their portfolio Urbandale, IA 4,8514.9k $325.4k $325.4k 0.02% Added +661 +661
92 CWM, LLC 0.00% of their portfolio OMAHA, NE 4,8424.8k $325.0k $325.0k 0.00% Reduced -10.4k -10,431
93 North Ridge Wealth Advisors, Inc. 0.17% of their portfolio BEAVERTON, OR 4,1624.2k $279.1k $279.1k 0.17% Added +1.3k +1,269
94 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4,1494.1k $278.3k $278.3k 0.00% Unchanged
95 GeoWealth Management, LLC 0.01% of their portfolio CHICAGO, IL 3,9463.9k $264.7k $264.7k 0.01% New
96 AQR CAPITAL MANAGEMENT LLC 0.00% of their portfolio Greenwich, CT 3,8143.8k $255.8k $255.8k 0.00% New
97 PRELUDE CAPITAL MANAGEMENT, LLC 0.02% of their portfolio NEW YORK, NY 3,6103.6k $242.1k $242.1k 0.02% New
98 NorthCoast Asset Management LLC 0.00% of their portfolio STAMFORD, CT 3,5003.5k $234.7k $234.7k 0.00% Unchanged
99 Lloyd Advisory Services, LLC. 0.11% of their portfolio SUWANEE, GA 3,3823.4k $226.8k $226.8k 0.11% Reduced -366 -366
100 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 3,3813.4k $226.8k $226.8k 0.00% Reduced -344 -344