Who Owns AllianzIM U.S. Equity Buffer20 Mar ETF (MARW)?Hedge Fund & Institutional Holders

$34.29-0.06 (-0.19%)Financial ServicesBATS

Institutional Holders

40

as of Q4 2025

Total Institutional Value

$7.000000500000015e+131T

% of Float Held

—

QoQ Change in Holders

+13 / -0

Price History

$29.28$30.67$32.06$33.44$34.83Sep 24Jun 25Mar 26

MARW — Biggest New Institutional Buyers This Quarter

FundActionShares AddedValue Added
COMMONWEALTH EQUITY SERVICES, LLCNew Position+216K+$7.0B
Spire Wealth ManagementNew Position+45K+$1.6B
JIM SAULNIER & ASSOCIATES, LLCNew Position+19K+$659.0M
SAGESPRING WEALTH PARTNERS, LLCNew Position+7K+$231.0M
Capital Investment Advisory Services, LLCNew Position+2K+$73.0M
Elevated Capital Advisors, LLCIncreased+324+$22.0M
UBS Group AGNew Position+143+$4.0M
ALLIANZ INVESTMENT MANAGEMENT LLCNew Position+108K+$3.7M
World Investment AdvisorsNew Position+26K+$888K
Castle Rock Wealth Management, LLCNew Position+19K+$654K
TAGStone Capital, Inc.New Position+7K+$242K
Kestra Advisory Services, LLCIncreased+14K+$223K
Financial Network Wealth Advisors LLCNew Position+173+$5K
ROYAL BANK OF CANADANew Position+4K+$0
ALLIANZ SENew Position+5K+$0

MARW — Institutions Reducing or Closing Positions

FundActionShares SoldValue Sold
LPL Financial LLCDecreased-4K-$3.8B
MML INVESTORS SERVICES, LLCDecreased-63K-$2.5B
SUSQUEHANNA INTERNATIONAL GROUP, LLPDecreased-12K-$1.0B
HARBOUR INVESTMENTS, INC.Decreased-6K-$917.1M
OSAIC HOLDINGS, INC.Decreased-27K-$882.8M
Farther Finance Advisors, LLCDecreased-7K-$206.8M
BARCLAYS PLCDecreased-324-$155.0M
Fortis Capital Management LLCDecreased-1K-$-20K
OLD MISSION CAPITAL LLCDecreased-438-$-15.0M

Top Institutional Holders(Q4 2025)

#FundSharesValue% of PortfolioType
1COMMONWEALTH EQUITY SERVICES, LLC216,057$7.0B9.33%Share
2OSAIC HOLDINGS, INC.150,245$5.0B7.31%Share
3Spire Wealth Management45,470$1.6B0.05%Share
4OLD MISSION CAPITAL LLC41,336$1.4B0.03%Share
5RAYMOND JAMES FINANCIAL INC49,338$1.0B0.31%Share
6Farther Finance Advisors, LLC24,088$827.0M8.86%Share
7PFG Advisors23,836$818.0M0.04%Share
8JIM SAULNIER & ASSOCIATES, LLC19,190$659.0M0.34%Share
9Elevated Capital Advisors, LLC15,735$540.0M0.13%Share
10BCGM Wealth Management, LLC10,108$347.0M0.09%Share
11SAGESPRING WEALTH PARTNERS, LLC6,729$231.0M4.20%Share
12Capital Investment Advisory Services, LLC2,129$73.0M0.01%Share
13CREATIVE FINANCIAL DESIGNS INC /ADV1,200$41.0M0.00%Share
14UBS Group AG143$4.0M0.00%Share
15ALLIANZ INVESTMENT MANAGEMENT LLC108,205$3.7M2.33%Share
16LPL Financial LLC109,196$3.0M0.00%Share
17Kestra Advisory Services, LLC97,019$3.0M0.01%Share
18Fortis Capital Management LLC76,133$2.6M0.35%Share
19Cetera Investment Advisers83,038$2.0M0.00%Share
20Cambridge Investment Research Advisors, Inc.35,407$1.0M0.00%Share
21World Investment Advisors25,861$888K0.02%Share
22HARBOUR INVESTMENTS, INC.21,801$748K0.02%Share
23Castle Rock Wealth Management, LLC18,933$654K0.14%Share
24Focus Financial Network, Inc.12,567$431K0.02%Share
25Cypress Wealth Services, LLC11,059$379K0.05%Share
26TAGStone Capital, Inc.7,069$242K0.09%Share
27Financial Network Wealth Advisors LLC173$5K0.01%Share
28SUSQUEHANNA INTERNATIONAL GROUP, LLP10,589$00.00%Share
29ENVESTNET ASSET MANAGEMENT INC20,858$00.00%Share
30Global Retirement Partners, LLC12,844$00.00%Share
31AE Wealth Management LLC2,763$00.00%Share
32MML INVESTORS SERVICES, LLC12,801$00.00%Share
33BARCLAYS PLC4,288$00.00%Share
34IFP Advisors, Inc226$00.00%Share
35ROYAL BANK OF CANADA3,600$00.00%Share
36ALLIANZ SE5,000$00.00%Share
37CENTAURUS FINANCIAL, INC.28,938$00.00%Share
38Lloyd Advisory Services, LLC.7$00.00%Share
39RAYMOND JAMES FINANCIAL INC3,601$00.00%Share
40SUSQUEHANNA INTERNATIONAL GROUP, LLP7,749$00.00%Share

MARW Institutional Ownership History

QuarterHoldersTotal ValueChange
Q4 202538$19.5B+17
Q3 202521$22.9B-14
Q2 202535$39.1B-2
Q1 202537$38.2B+2
Q4 202435$3.0T+9
Q3 202426$14.3T-6
Q2 202432$15.0T+8
Q1 202424$891.5T—

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As of Q4 2025, 40 institutional investors hold MARW (AllianzIM U.S. Equity Buffer20 Mar ETF). The largest holder is COMMONWEALTH EQUITY SERVICES, LLC with $7.0B in shares. This quarter, 13 institutions opened new positions and 0 closed their positions.

Frequently Asked Questions

How many hedge funds own MARW?

As of Q4 2025, 40 institutional investors report holding MARW (AllianzIM U.S. Equity Buffer20 Mar ETF) in their 13F filings.

Who is the largest institutional holder of MARW?

The largest institutional holder of MARW is COMMONWEALTH EQUITY SERVICES, LLC with $7.0B in shares.

Is institutional ownership of MARW increasing or decreasing?

This quarter, 13 institutions opened new positions in MARW and 0 closed their positions.