Allianz Investment Management U.S. LLC

CIK 1860935 · View on SEC EDGAR ↗

Portfolio value
$2.7B
#1,266 of 9,443 by 13F value · top 13.4%
Positions
65
As of
Sept. 30, 2025 Data as of Q3 2025

Portfolio value QoQ: +15.9% 13F does not disclose cash

Top 10 holdings weight
96.80%
Top 25 holdings weight
99.42%
Positions above 1%
4
Effective number of positions
2.8

Based on 13F long-equity holdings only (cash, bonds, shorts not disclosed)

Turnover Q3 2025: 1.49% Est. buys $376,029,321 · sells $37,097,561

Median holding: 4.0 quarters Tracked Q4 2024–Q3 2025 · 100.0% still held

New positions
2
Increased
1
Decreased
19
Closed
0
On this page

Sector breakdown

Other/Unmapped
100.0%

Full portfolio 65 positions

Type Streak 8Q trend
JAAA $1,316,386,799 49.18% 25,923,332 $366,828,924 Up ×3
LQD $876,399,991 32.74% 7,862,205 $14,623,701
VCLT Vanguard Long-Term Corporate Bond ETF $187,603,332 7.01% 2,416,012 $4,228,021
IGLB $83,597,880 3.12% 1,622,000 $2,157,260
VWOB Vanguard Emerging Markets Government Bond ETF $25,227,990 0.94% 377,100 $584,505
EMNT $24,619,875 0.92% 249,000 $27,390
HYG $24,357,000 0.91% 300,000 $162,000
OWNS $21,715,780 0.81% 1,248,751 $325,425
PRFD $18,648,000 0.70% 360,000 $298,980
SPBX $12,437,486 0.46% 463,040 $-1,807,241 Down ×2
SPBW $10,005,231 0.37% 372,080 $-3,763,002 Down ×2
ANGL VanEck Fallen Angel High Yield Bond ETF $7,374,289 0.28% 248,042 $111,619
SPBU $6,389,660 0.24% 230,632 $-7,672,178 Down ×2
SPIB $5,900,995 0.22% 174,122 $53,978
MARU $5,256,535 0.20% 192,200 $116,517 Down ×1
AIOO $4,897,142 0.18% 192,041 Up ×1
QBSF $4,864,570 0.18% 189,541 Up ×1
SEPU $3,733,044 0.14% 130,984 $-1,304,832 Down ×3
FEBU $3,724,688 0.14% 136,564 $-1,389,047 Down ×1
NVBU $3,603,333 0.13% 127,275 $-403,513 Down ×3
MAYU $3,243,423 0.12% 104,780 $-224,112 Down ×3
FLAO $3,140,472 0.12% 112,280 $-207,347 Down ×3
AUGU $2,965,036 0.11% 102,280 $-1,309,567 Down ×3
JNEU $2,544,864 0.10% 85,100 $-543,903 Down ×3
JANU $2,543,093 0.10% 92,041 $-1,674,931 Down ×2
OCTU $2,410,908 0.09% 86,146 $-1,559,849 Down ×3
IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF $1,757,626 0.07% 33,144 $8,949
ARLU $1,484,861 0.06% 49,860 $-1,299,236 Down ×3
SIXZ $1,044,407 0.04% 35,780 $-113,859 Down ×3
MINT $990,588 0.04% 9,838 $1,525
HYS $954,599 0.04% 9,977 $6,684
CORP $887,580 0.03% 9,000 $11,790
IGIB iShares 5-10 Year Investment Grade Corporate Bond ETF $789,552 0.03% 14,597 $-254,772 Down ×1
FLJJ $266,010 0.01% 8,511 $-1,202,583 Down ×3
OCTT $213,075 0.01% 5,000 $12,375
APRT $203,536 0.01% 5,000 $7,211
JULW $192,025 0.01% 5,000 $6,175
OCTW $191,653 0.01% 5,000 $6,603
MART $188,522 0.01% 5,000 $8,984
FEBT $185,209 0.01% 5,000 $9,705
NVBT $180,709 0.01% 5,000 $9,025
MAYT $180,543 0.01% 5,000 $6,314
JUNT $177,789 0.01% 5,000 $7,539
DECT $177,296 0.01% 5,000 $10,346
AUGT $174,396 0.01% 5,000 $10,218
SEPT $172,355 0.01% 5,000 $11,357
SIXO $169,505 0.01% 5,000 $3,955
MARW $168,049 0.01% 5,000 $5,374
SIXJ $166,700 0.01% 5,000 $6,650
NVBW $166,425 0.01% 5,000 $5,312
FEBW $165,700 0.01% 5,000 $5,954
DECW $164,950 0.01% 5,000 $6,975
MAYW $164,772 0.01% 5,000 $3,949
JUNW $163,917 0.01% 5,000 $4,603
AUGW $159,799 0.01% 5,000 $6,391
SEPW $157,026 0.01% 5,000 $6,173
SIXF $155,499 0.01% 5,000 $7,449
SIXP $154,051 0.01% 5,000 $7,759
JULU $146,300 0.01% 5,000 $-2,457,151 Down ×3
SIXD $141,700 0.01% 5,000 $4,519
APRW $136,920 0.01% 4,000 $3,468
DECU $134,400 0.01% 5,000 $-4,820,462 Down ×1
JANT $99,442 0.00% 2,500 $4,985
JANW $90,350 0.00% 2,500 $3,015
JULT $57,475 0.00% 1,310 $2,782

Conviction holdings

Positions increased for 3+ consecutive quarters.

Share counts are as reported in 13F filings (not split-adjusted)

Security Value % of portfolio Streak
JAAA $1,316,386,799 49.18% up ×3

Biggest new bets

New positions opened this quarter, largest first.

Security Value Shares % of portfolio
AIOO $4,897,142 192,041 0.18%
QBSF $4,864,570 189,541 0.18%

Top movers (QoQ)

Security Action Shares Δ Value Δ
JAAA Bought more +7.2M +$366.8M
LQD Price move only +0 +$14.6M
SPBU Trimmed -310K -$7.7M
VCLT Price move only +0 +$4.2M
SPBW Trimmed -158K -$3.8M
IGLB Price move only +0 +$2.2M
SPBX Trimmed -88K -$1.8M
JANU Trimmed -70K -$1.7M
OCTU Trimmed -65K -$1.6M
FEBU Trimmed -62K -$1.4M

2 positions hidden (data completeness check)