Vault-13

PIMCO ETF TR ZROZ

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

123 institutional holders -4 vs Q1 2026
9,392,7959.4m shares reported held*
$601.9mreported value*
20 new 43 added 45 reduced 24 sold out net bought ≈ $44.3m (+691.6k 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 ($1.7k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $64.08. Options: 3 managers hold calls ($17.4m notional), 6 hold puts ($13.2m).

Trends to Q2 2026

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: 134Q3 25: 131Q4 25: 134Q1 26: 127Q2 26: 123123Q3 22Q3 23Q3 24Q3 25Q2 26
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
Q3 2025131
Q4 2025134
Q1 2026127
Q2 2026123

Buyers vs sellers

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

Bought or addedCut or sold out
1000100Q3 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 25Q3 25: 69 bought or addedQ3 25: 63 cut or sold outQ4 25: 67 bought or addedQ4 25: 74 cut or sold outQ4 25Q1 26: 66 bought or addedQ1 26: 72 cut or sold outQ2 26: 63 bought or addedQ2 26: 69 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20247556
Q4 20246974
Q1 20257487
Q2 20258070
Q3 20256963
Q4 20256774
Q1 20266672
Q2 20266369

Calls vs puts

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

CallsPuts
$0$5m$10m$15m$20mQ3 25 calls: $11.6mQ3 25 puts: $12.9mQ3 25P/C 1.11Q4 25 calls: $4.8mQ4 25 puts: $13.0mQ4 25P/C 2.70Q1 26 calls: $17.9mQ1 26 puts: $19.9mQ1 26P/C 1.11Q2 26 calls: $17.4mQ2 26 puts: $13.2mQ2 26P/C 0.76
Numbers
QuarterCallsPutsP/C
Q3 2025$11.6m$12.9m1.11
Q4 2025$4.8m$13.0m2.70
Q1 2026$17.9m$19.9m1.11
Q2 2026$17.4m$13.2m0.76

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +541,351+541.4k
Quadrature Capital Ltd New +287,853+287.9k
Tidal Investments LLC New +171,949+171.9k
Tower Research Capital LLC (TRC) Added +84,177+84.2k
AE Wealth Management LLC Added +78,409+78.4k
CITADEL ADVISORS LLC New +58,897+58.9k
MML INVESTORS SERVICES, LLC Added +53,460+53.5k
LPL Financial LLC Added +52,244+52.2k
GTS SECURITIES LLC New +46,103+46.1k
Sigma Planning Corp New +36,272+36.3k

Biggest sellers

Mirae Asset Global Investments Co., Ltd. Reduced -369,896-369.9k
MILLENNIUM MANAGEMENT LLC Sold out -100,000-100.0k
Centurion Wealth Management LLC Reduced -97,717-97.7k
Glaxis Capital Management, LLC Sold out -70,000-70.0k
Mid-American Wealth Advisory Group, Inc. Reduced -62,537-62.5k
JANE STREET GROUP, LLC Reduced -43,295-43.3k
WEDBUSH SECURITIES INC Reduced -30,914-30.9k
ENVESTNET ASSET MANAGEMENT INC Reduced -27,085-27.1k
&PARTNERS Reduced -24,011-24.0k
IFP Advisors, Inc Sold out -21,510-21.5k

Biggest calls

CITADEL ADVISORS LLC Added $8.2m127.5k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $5.3m83.3k shares
JANE STREET GROUP, LLC Added $3.9m60.8k shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $8.0m125.4k shares
JANE STREET GROUP, LLC Reduced $2.5m39.0k shares
IMC-Chicago, LLC Reduced $2.1m32.5k shares
SIMPLEX TRADING, LLC Added $328.8k6.2k shares
CITADEL ADVISORS LLC Reduced $250.0k3.9k shares
GROUP ONE TRADING LLC New $12.8k200 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 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 1,290,2531.3m $82.7m $82.7m 0.01% Added +541.4k +541,351
2 Mirae Asset Global Investments Co., Ltd. 0.10% of their portfolio SEOUL, M5 857,839857.8k $55.0m $55.0m 0.10% Reduced -369.9k -369,896
3 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 686,112686.1k $44.0m $44.0m 0.01% Added +52.2k +52,244
4 RWA WEALTH PARTNERS, LLC 0.37% of their portfolio BOSTON, MA 598,288598.3k $38.4m $38.4m 0.37% Unchanged
5 RiverFront Investment Group, LLC 0.47% of their portfolio RICHMOND, VA 557,422557.4k $35.7m $35.7m 0.47% Added +1.1k +1,084
6 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 486,324486.3k $31.2m $31.2m 0.01% Reduced -27.1k -27,085
7 CPC Advisors, LLC 3.61% of their portfolio Atlanta, GA 417,268417.3k $26.7m $26.7m 3.61% Reduced -6.7k -6,714
8 GenWealth Group, Inc. 4.06% of their portfolio Maplewood, NJ 406,774406.8k $26.1m $26.1m 4.06% Added +20.5k +20,513
9 Quadrature Capital Ltd 0.16% of their portfolio LONDON, X0 287,853287.9k $18.5m $18.5m 0.16% New
10 Krilogy Financial LLC 0.48% of their portfolio ST. LOUIS, MO 253,936253.9k $16.3m $16.3m 0.48% Added +15.4k +15,399
11 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 227,054227.1k $14.6m $14.6m 0.00% Added +28.1k +28,115
12 Tidal Investments LLC 0.03% of their portfolio Milwaukee, WI 171,949171.9k $10.9m $10.9m 0.03% New
13 Cyndeo Wealth Partners, LLC 0.47% of their portfolio ST. PETERSBURG, FL 154,331154.3k $9.9m $9.9m 0.47% Added +4.8k +4,843
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 152,855152.9k $9.8m $9.8m 0.00% Reduced -8.7k -8,712
15 Paragon Advisors, LLC 2.00% of their portfolio COLLEGE STATION, TX 148,433148.4k $9.5m $9.5m 2.00% Added +5.0k +5,024
16 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.00% of their portfolio MILWAUKEE, WI 129,466129.5k $8.3m $8.3m 0.00% Added +10.2k +10,245
17 AE Wealth Management LLC 0.03% of their portfolio TOPEKA, KS 116,512116.5k $7.5m $7.5m 0.03% Added +78.4k +78,409
18 IHT Wealth Management, LLC 0.15% of their portfolio Chicago, IL 105,172105.2k $6.7m $6.7m 0.15% Added +1.5k +1,453
19 Tower Research Capital LLC (TRC) 0.16% of their portfolio NEW YORK, NY 100,242100.2k $6.4m $6.4m 0.16% Added +84.2k +84,177
20 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 97,83997.8k $6.3m $6.3m 0.01% Reduced -2.8k -2,763
21 Rockefeller Capital Management L.P. 0.01% of their portfolio NEW YORK, NY 96,02996.0k $6.2m $6.2m 0.01% Reduced -1.2k -1,159
22 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 91,40491.4k $5.9m $5.9m 0.00% Added +19.3k +19,334
23 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 89,65089.7k $5.7m $5.7m 0.00% Added +8.5k +8,530
24 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 84,18084.2k $5.4m $5.4m 0.01% Added +53.5k +53,460
25 D.A. DAVIDSON & CO. 0.03% of their portfolio GREAT FALLS, MT 82,29682.3k $5.3m $5.3m 0.03% Reduced -1.0k -1,028
26 JONES FINANCIAL COMPANIES LLLP 0.00% of their portfolio DES PERES, MO 77,42777.4k $5.0m $5.0m 0.00% Reduced -13.2k -13,184
27 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 76,95577.0k $4.9m $4.9m 0.00% Reduced -4.6k -4,610
28 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 70,31470.3k $4.5m $4.5m 0.01% Added +13.4k +13,429
29 Marex Group Ltd 0.03% of their portfolio London, X0 68,90468.9k $4.4m $4.4m 0.03% Unchanged
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 64,49864.5k $4.1m $4.1m 0.00% Added +17.6k +17,621
31 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 60,17060.2k $3.9m $3.9m 0.00% Reduced -43.3k -43,295
32 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 58,89758.9k $3.8m $3.8m 0.00% New
33 Arlington Capital Management, Inc. 2.06% of their portfolio ARLINGTON HEIGHTS, IL 51,74251.7k $3.3m $3.3m 2.06% Added +365 +365
34 FLOW TRADERS U.S. LLC 0.13% of their portfolio NEW YORK, NY 50,55450.6k $3.2m $3.2m 0.13% Added +30.9k +30,899
35 Mid-American Wealth Advisory Group, Inc. 1.10% of their portfolio KANSAS CITY, MO 47,44547.4k $3.0m $3.0m 1.10% Reduced -62.5k -62,537
36 Retirement Management Systems Inc. 0.61% of their portfolio STEVENSVILLE, MD 46,62246.6k $3.0m $3.0m 0.61% Added +5.3k +5,266
37 Janney Montgomery Scott LLC 0.01% of their portfolio PHILADELPHIA, PA 46,21846.2k $3.0m $3.0m 0.01% Added +1.2k +1,250
38 GTS SECURITIES LLC 0.06% of their portfolio NEW YORK, NY 46,10346.1k $3.0m $3.0m 0.06% New
39 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 45,47545.5k $2.9m $2.9m 0.00% Reduced -192 -192
40 &PARTNERS 0.01% of their portfolio NASHVILLE, TN 42,28042.3k $2.7m $2.7m 0.01% Reduced -24.0k -24,011
41 COMPASS FINANCIAL MANAGEMENT LLC 0.30% of their portfolio TAMPA, FL 38,94638.9k $2.5m $2.5m 0.30% First filing
42 SHEPHERD KAPLAN KROCHUK, LLC 1.95% of their portfolio Boston, MA 38,30038.3k $2.5m $2.5m 1.95% Reduced -17.8k -17,841
43 Sigma Planning Corp 0.06% of their portfolio ANN ARBOR, MI 36,27236.3k $2.3m $2.3m 0.06% New
44 Golden Reserve Retirement LLC 0.32% of their portfolio DUBLIN, OH 32,12132.1k $2.1m $2.1m 0.32% Added +13.6k +13,584
45 Carrera Capital Advisors 0.30% of their portfolio TROY, MI 31,22931.2k $2.0m $2.0m 0.30% Added +7.5k +7,468
46 Redwood Investment Management, LLC 0.19% of their portfolio SCOTTSDALE, AZ 29,73829.7k $1.9m $1.9m 0.19% Added +1.3k +1,273
47 Integrated Wealth Concepts LLC 0.01% of their portfolio WALTHAM, MA 29,40829.4k $1.9m $1.9m 0.01% Added +15.0k +14,974
48 Lloyd Advisory Services, LLC. 0.72% of their portfolio SUWANEE, GA 29,08429.1k $1.9m $1.9m 0.72% Added +28.2k +28,197
49 Delos Wealth Advisors, LLC 0.93% of their portfolio DALLAS, TX 28,14028.1k $1.8m $1.8m 0.93% Added +3.9k +3,940
50 WEDBUSH SECURITIES INC 0.05% of their portfolio PASADENA, CA 27,91627.9k $1.8m $1.8m 0.05% Reduced -30.9k -30,914
51 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 27,04527.0k $1.7m $1.7m 0.00% Reduced -6.2k -6,227
52 Provident Wealth Management, LLC 0.41% of their portfolio BRENTWOOD, TN 24,76124.8k $1.6m $1.6m 0.41% Reduced -76 -76
53 Prospera Financial Services Inc 0.02% of their portfolio Dallas, TX 22,49222.5k $1.4m $1.4m 0.02% Reduced -3.2k -3,196
54 Goodman Advisory Group, LLC 0.33% of their portfolio NEEDHAM, MA 22,40122.4k $1.4m $1.4m 0.33% Reduced -826 -826
55 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 22,11322.1k $1.4m $1.4m 0.00% Reduced -171 -171
56 FLP Wealth Management, LLC 2.48% of their portfolio BENTONVILLE, AR 21,79421.8k $1.4m $1.4m 2.48% Added +527 +527
57 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 21,69921.7k $1.4m $1.4m 0.01% Reduced -793 -793
58 OneDigital Investment Advisors LLC 0.01% of their portfolio OVERLAND PARK, KS 21,20321.2k $1.4m $1.4m 0.01% New
59 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 0.00% of their portfolio PLYMOUTH, MN 19,88719.9k $1.2m $1.2m 0.00% Reduced -254 -254
60 Private Advisor Group, LLC 0.01% of their portfolio MORRISTOWN, NJ 17,71817.7k $1.1m $1.1m 0.01% Added +14.5k +14,480
61 GUGGENHEIM CAPITAL LLC 0.01% of their portfolio CHICAGO, IL 17,34217.3k $1.1m $1.1m 0.01% Added +5.5k +5,480
62 Valtinson Bruner Financial Planning LLC 0.28% of their portfolio NEW BRIGHTON, MN 17,14917.1k $1.1m $1.1m 0.28% Reduced -2.5k -2,545
63 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 15,27015.3k $997.9k $997.9k 0.00% Reduced -3.0k -2,977
64 Phoenix Financial Ltd. 0.01% of their portfolio Givatayim, L3 15,17715.2k $967.3k $967.3k 0.01% New
65 Centurion Wealth Management LLC 0.20% of their portfolio Mclean, VA 12,96713.0k $831.2k $831.2k 0.20% Reduced -97.7k -97,717
66 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 12,70012.7k $814.3k $814.3k 0.00% Added +70 +70
67 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 11,97712.0k $767.7k $767.7k 0.00% Reduced -992 -992
68 Williams & Novak, LLC 0.46% of their portfolio WESTLAKE VILLAGE, CA 10,69010.7k $685.2k $685.2k 0.46% Reduced -9.5k -9,497
69 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 10,10610.1k $649.7k $649.7k 0.00% Reduced -19.3k -19,328
70 TWO SIGMA SECURITIES, LLC 0.05% of their portfolio NEW YORK, NY 9,4559.5k $606.1k $606.1k 0.05% Added +5.5k +5,490
71 FIDUCIARY FINANCIAL ADVISORS 0.06% of their portfolio GRAND RAPIDS, MI 9,4059.4k $602.7k $602.7k 0.06% New
72 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 9,0799.1k $582.0k $582.0k 0.01% Reduced -294 -294
73 PRELUDE CAPITAL MANAGEMENT, LLC 0.04% of their portfolio NEW YORK, NY 9,0309.0k $578.8k $578.8k 0.04% New
74 Great Lakes Retirement, Inc. 0.05% of their portfolio SANDUSKY, OH 8,4528.5k $541.8k $541.8k 0.05% Added +3.9k +3,943
75 HOWARD BAILEY SECURITIES, LLC 0.20% of their portfolio FORT WAYNE, IN 8,2688.3k $530.0k $530.0k 0.20% New
76 B.O.S.S. Retirement Advisors, LLC 0.14% of their portfolio Lehi, UT 7,9918.0k $512.2k $512.2k 0.14% New
77 Ballew Advisors, Inc 0.24% of their portfolio Jackson, MS 7,4357.4k $465.5k $465.5k 0.24% Unchanged
78 Simplicity Wealth,LLC 0.02% of their portfolio SUMMIT, NJ 6,9617.0k $446.2k $446.2k 0.02% Reduced -161 -161
79 BCWM, LLC 0.13% of their portfolio OVERLAND PARK, KS 6,8636.9k $439.9k $439.9k 0.13% Reduced -27 -27
80 Sankala Group LLC 0.26% of their portfolio LYONS, CO 6,8606.9k $394.5k $394.5k 0.26% Reduced -1.6k -1,605
81 Authentikos Wealth Advisory, LLC 0.25% of their portfolio MORGAN HILL, CA 6,2296.2k $399.2k $399.2k 0.25% Added +579 +579
82 Elevated Capital Advisors, LLC 0.11% of their portfolio SANDY, UT 6,1606.2k $394.9k $394.9k 0.11% Added +3.7k +3,691
83 Savant Capital, LLC 0.00% of their portfolio ROCKFORD, IL 5,8125.8k $372.4k $372.4k 0.00% New
84 Fort Sheridan Advisors LLC 0.04% of their portfolio HIGHLAND PARK, IL 5,5005.5k $352.6k $352.6k 0.04% Unchanged
85 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 5,3295.3k $341.6k $341.6k 0.00% Reduced -1.2k -1,238
86 PRIMORIS WEALTH ADVISORS, LLC 0.15% of their portfolio North Palm Beach, FL 5,0005.0k $320.5k $320.5k 0.15% New
87 Federation des caisses Desjardins du Quebec 0.00% of their portfolio LEVIS, A8 4,1494.1k $266.0k $266.0k 0.00% Unchanged
88 BOOTHBAY FUND MANAGEMENT, LLC 0.00% of their portfolio NEW YORK, NY 3,9003.9k $250.0k $250.0k 0.00% New
89 Visionary Wealth Advisors 0.01% of their portfolio O'FALLON, IL 3,8283.8k $245.4k $245.4k 0.01% Reduced -293 -293
90 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 3,7383.7k $239.6k $239.6k 0.00% Reduced -4.0k -3,977
91 Ergawealth Advisors, Inc. 0.09% of their portfolio OAK BROOK, IL 3,6813.7k $236.0k $236.0k 0.09% Unchanged
92 PRIVATE TRUST CO NA 0.02% of their portfolio CLEVELAND, OH 3,6053.6k $231.0k $231.0k 0.02% Unchanged
93 INTEGRITY ALLIANCE, LLC. 0.01% of their portfolio Urbandale, IA 3,5503.5k $227.6k $227.6k 0.01% Reduced -873 -873
94 Integrated Wealth Management 0.24% of their portfolio UNIONTOWN, OH 3,4863.5k $223.5k $223.5k 0.24% New
95 Annex Advisory Services, LLC 0.00% of their portfolio BROOKFIELD, WI 3,4743.5k $222.7k $222.7k 0.00% Reduced -8.9k -8,942
96 Western Wealth Management, LLC 0.01% of their portfolio GOLDEN, CO 3,4503.5k $221.1k $221.1k 0.01% Reduced -1.6k -1,565
97 TOUNJIAN ADVISORY PARTNERS, LLC 0.09% of their portfolio FORT MYERS, FL 3,1593.2k $202.5k $202.5k 0.09% New
98 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 3,0793.1k $197.4k $197.4k 0.00% Added +792 +792
99 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.01% of their portfolio ORLANDO, FL 2,5902.6k $162.2k $162.2k 0.01% Unchanged
100 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 2,1572.2k $138.3k $138.3k 0.00% Reduced -159 -159