Allianz Investment Management U.S. LLC

CIK

1860935

Location

Minneapolis, MN

Portfolio Value

Mid $2,655,051,080

Diversification

Highly concentrated

Reports for

Allianz Life Insurance Company of North America Allianz Fund Investments, Inc.

Filing Date

Global Rank

#1,200 / 8,114 ▲ 59 · as of Sep 2025

3Y Alpha vs SPY

-17.5%

Period ended 1 year ago

Filed Nov 6, 2025 · 1y

19 quarters · since Mar 2021

Regulatory profile

From Form ADV, the SEC filer profile, 13D/13G type codes and N-CEN, never from the name.

Holder type

Unknown

Portfolio style

Measured from the filed 13F common-share book for Sep 30, 2025, never from the firm's own description.

Style

Concentrated

The top 10 positions are 100.0% of the book (60%+)

Turnover

Low turnover

9.8% over the last four quarters (under 30%)

Horizon

Medium horizon

Value-weighted holding period 10.9 quarters (4 to under 12)

Closest benchmark: every 13F filer's combined book, active share 95.6%; sector active share 87.7% against the combined 13F book's sector weights.

Over time 19 measured quarters

How the bands are measured

Style bands measure the filed 13F common-share book each closed quarter, tested in this order. Unknown: under $10,000,000 of valued equity or 5 stocks. Index-like (100+ stocks): active share of 20% or less against the closest benchmark, which is the S&P 500, S&P MidCap 400, S&P SmallCap 600, Russell 1000, Russell 2000, Nasdaq-100 or Dow Jones Industrial Average (weighted by an index-tracking fund's reported holdings or the index's constituents nearest the quarter end, over the names resolved to companies, and only when those are 90%+ of its weight) or every 13F filer's combined book, or index series holding 80%+ of the registered fund assets it advises (N-CEN) and equal to 50%+ of its book. Systematic-like: 500+ stocks, 100%+ annual turnover and a top 10 weight of 25% or less. Concentrated: a top 10 weight of 60%+ or 12 or fewer effective positions. Diversified active: none of these. Turnover is the smaller of buys and sells over average equity value, summed over four quarters: low under 30%, high 100%+. Horizon is the value-weighted number of quarters each position has been held: short under 4, long 12+.

Clone Performance

Build a hypothetical price-return history from this filer's public 13F holdings.

View clone backtest

Portfolio Concentration

64 tracked positions · as of Sep 30, 2025 · Δ vs Jun 30, 2025

Top Position

49.6%

+7.2 pts

Top 5

98.5%

+0.2 pts

Top 10

100.0%

0.0 pts

HHI

3,903

Highly concentrated+293

Portfolio Trend

19 quarters · across all stocks

Sector Breakdown

As of Sep 30, 2025

Sector	% Portfolio	Value	Positions
Unclassified	100.0%	$2,655,051,080	64

Last Quarter's Activity

Export CSV

Sep 30, 2025 vs Jun 30, 2025

Added To

Positions the filer increased

1 positions

Ticker	Company	Δ Shares	Shares	Value	Open
JAAA	Janus Henderson AAA CLO ETF	+7,212,832	25,923,332	$1,316,386,798
No positions match the current search.

Trimmed

Positions the filer reduced

19 positions

Ticker	Company	Δ Shares	Shares	Value
SPBU	AllianzIM Buffer15 Uncapped Allocation ETF	−310,000	230,632	$6,389,659
DECU	AllianzIM U.S. Equity Buffer15 Uncapped Dec ETF	−189,541	5,000	$134,400
SPBW	AllianzIM Buffer20 Allocation ETF	−157,500	372,080	$10,005,231
JULU	AllianzIM U.S. Equity Buffer15 Uncapped Jul ETF	−89,541	5,000	$146,300
SPBX	AllianzIM 6 Month Buffer10 Allocation ETF	−87,500	463,040	$12,437,717
JANU	AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	−70,000	92,041	$2,543,092
OCTU	AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF	−65,000	86,146	$2,410,881
FEBU	AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF	−62,500	136,564	$3,724,646
SEPU	AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF	−57,500	130,984	$3,733,044
AUGU	AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	−55,000	102,280	$2,964,994
ARLU	AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF	−50,000	49,860	$1,484,880
FLJJ	AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF	−40,000	8,511	$266,011
JNEU	AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF	−25,000	85,100	$2,544,830
NVBU	AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF	−23,500	127,275	$3,603,282
MAYU	AllianzIM U.S. Equity Buffer15 Uncapped May ETF	−15,000	104,780	$3,243,464
FLAO	AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF	−10,000	112,280	$3,140,471
MARU	AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	−7,500	192,200	$5,256,477
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	−5,000	14,597	$789,551
SIXZ	AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF	−5,000	35,780	$1,044,418
No positions match the current search.

New Positions

Positions the filer opened this quarter

2 positions

Ticker	Company	Shares	Value
AIOO	AIM ETF Products Trust	192,041	$4,897,237
QBSF	AllianzIM U.S. Equity Buffer15 ETF	189,541	$4,864,569
No positions match the current search.

Sold Out

Positions the filer fully exited

No qualifying positions this quarter.

Portfolio Positions

Compact Export CSV View 13F filing

64 tracked positions · $2,655,051,080 total · filing declares 65 positions · $2,676,766,727 · as of Sep 30, 2025

Showing 1–50 of 64 positions by value · page 1 of 2

Ticker	Company	Type	Shares	Δ Shares	Value (USD)	% Δ Value	Held (qtrs)	Est. cost/share	% of Portfolio
JAAA	Janus Henderson AAA CLO ETF	Added	25,923,332	+7,212,832	$1,316,386,798	+38.6%	4	$50.63	49.58%
LQD	iShares iBoxx $ Investment Grade Corporate Bond ETF	Held	7,862,205	0	$876,399,991	+1.7%	19	before history	33.01%
		Held	2,416,012	0	$187,603,331	+2.3%	19	before history	7.07%
IGLB	iShares 10+ Year Investment Grade Corporate Bond ETF	Held	1,622,000	0	$83,597,880	+2.6%	19	before history	3.15%
VWOB	VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND	Held	377,100	0	$25,227,990	+2.4%	14	$64.77	0.95%
EMNT	PIMCO Enhanced Short Maturity Active ESG Exchange-Traded Fund	Held	249,000	0	$24,619,875	+0.1%	19	before history	0.93%
HYG	iShares iBoxx $ High Yield Corporate Bond ETF	Held	300,000	0	$24,357,000	+0.7%	15	unpriced	0.92%
PRFD	PIMCO Preferred and Capital Securities Active Exchange-Traded Fund	Held	360,000	0	$18,648,000	+1.6%	4	$50.97	0.70%
SPBX	AllianzIM 6 Month Buffer10 Allocation ETF	Reduced	463,040	-87,500	$12,437,717	−12.7%	3	$25.06	0.47%
SPBW	AllianzIM Buffer20 Allocation ETF	Reduced	372,080	-157,500	$10,005,231	−27.3%	3	$25.05	0.38%
ANGL	VanEck Fallen Angel High Yield Bond ETF	Held	248,042	0	$7,374,288	+1.5%	19	before history	0.28%
SPBU	AllianzIM Buffer15 Uncapped Allocation ETF	Reduced	230,632	-310,000	$6,389,659	−54.6%	3	unpriced	0.24%
SPIB	State Street(R) SPDR(R) Portfolio Intermediate Term Corporate Bond ETF	Held	174,122	0	$5,900,994	+0.9%	19	before history	0.22%
MARU	AllianzIM U.S. Equity Buffer15 Uncapped Mar ETF	Reduced	192,200	-7,500	$5,256,477	+2.3%	3	$24.26	0.20%
AIOO	AIM ETF Products Trust	NEW	192,041	NEW	$4,897,237	NEW	1	$25.23	0.18%
QBSF	AllianzIM U.S. Equity Buffer15 ETF	NEW	189,541	NEW	$4,864,569	NEW	1	$25.37	0.18%
SEPU	AllianzIM U.S. Equity Buffer15 Uncapped Sep ETF	Reduced	130,984	-57,500	$3,733,044	−25.9%	5	$24.99	0.14%
FEBU	AllianzIM U.S. Equity Buffer15 Uncapped Feb ETF	Reduced	136,564	-62,500	$3,724,646	−27.2%	3	$24.69	0.14%
NVBU	AllianzIM U.S. Equity Buffer15 Uncapped Nov ETF	Reduced	127,275	-23,500	$3,603,282	−10.1%	4	$25.92	0.14%
MAYU	AllianzIM U.S. Equity Buffer15 Uncapped May ETF	Reduced	104,780	-15,000	$3,243,464	−6.5%	6	$26.08	0.12%
FLAO	AllianzIM U.S. Equity 6 Month Floor5 Apr/Oct ETF	Reduced	112,280	-10,000	$3,140,471	−6.2%	6	$25.08	0.12%
AUGU	AllianzIM U.S. Equity Buffer15 Uncapped Aug ETF	Reduced	102,280	-55,000	$2,964,994	−30.6%	5	$25.11	0.11%
JNEU	AllianzIM U.S. Equity Buffer15 Uncapped Jun ETF	Reduced	85,100	-25,000	$2,544,830	−17.6%	6	unpriced	0.10%
JANU	AllianzIM U.S. Equity Buffer15 Uncapped Jan ETF	Reduced	92,041	-70,000	$2,543,092	−39.7%	3	$25.10	0.10%
OCTU	AllianzIM U.S. Equity Buffer15 Uncapped Oct ETF	Reduced	86,146	-65,000	$2,410,881	−39.3%	4	$25.48	0.09%
IGSB	iShares 1-5 Year Investment Grade Corporate Bond ETF	Held	33,144	0	$1,757,626	+0.5%	19	before history	0.07%
ARLU	AllianzIM U.S. Equity Buffer15 Uncapped Apr ETF	Reduced	49,860	-50,000	$1,484,880	−46.7%	6	$24.98	0.06%
SIXZ	AllianzIM U.S. Equity 6 Month Buffer10 May/Nov ETF	Reduced	35,780	-5,000	$1,044,418	−9.8%	6	$25.69	0.04%
MINT	PIMCO Enhanced Short Maturity Active Exchange-Traded Fund	Held	9,838	0	$990,588	+0.1%	19	before history	0.04%
HYS	PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund	Held	9,977	0	$954,599	+0.7%	19	before history	0.04%
CORP	PIMCO Investment Grade Corporate Bond Index Exchange-Traded Fund	Held	9,000	0	$887,580	+1.3%	19	before history	0.03%
IGIB	iShares 5-10 Year Investment Grade Corporate Bond ETF	Reduced	14,597	-5,000	$789,551	−24.4%	19	before history	0.03%
FLJJ	AllianzIM U.S. Equity 6 Month Floor5 Jan/Jul ETF	Reduced	8,511	-40,000	$266,011	−81.9%	7	$25.71	0.01%
OCTT	AllianzIM U.S. Equity Buffer10 Oct ETF	Held	5,000	0	$213,075	+6.2%	19	before history	0.01%
APRT	AllianzIM U.S. Equity Buffer10 Apr ETF	Held	5,000	0	$203,535	+3.7%	19	before history	0.01%
JULW	AllianzIM U.S. Equity Buffer20 Jul ETF	Held	5,000	0	$192,025	+3.3%	19	before history	0.01%
OCTW	AllianzIM U.S. Equity Buffer20 Oct ETF	Held	5,000	0	$191,655	+3.6%	19	before history	0.01%
MART	AllianzIM U.S. Equity Buffer10 Mar ETF	Held	5,000	0	$188,520	+5.0%	11	$25.04	0.01%
FEBT	AllianzIM U.S. Equity Buffer10 Feb ETF	Held	5,000	0	$185,210	+5.5%	11	$24.81	0.01%
NVBT	AllianzIM U.S. Equity Buffer10 Nov ETF	Held	5,000	0	$180,710	+5.3%	12	unpriced	0.01%
MAYT	AllianzIM U.S. Equity Buffer10 May ETF	Held	5,000	0	$180,545	+3.6%	10	$25.39	0.01%
JUNT	AllianzIM U.S. Equity Buffer10 Jun ETF	Held	5,000	0	$177,790	+4.4%	10	$25.74	0.01%
DECT	AllianzIM U.S. Equity Buffer10 Dec ETF	Held	5,000	0	$177,295	+6.2%	12	$24.29	0.01%
AUGT	AllianzIM U.S. Equity Buffer10 Aug ETF	Held	5,000	0	$174,395	+6.2%	9	$24.44	0.01%
SEPT	AllianzIM U.S. Equity Buffer10 Sep ETF	Held	5,000	0	$172,355	+7.1%	9	$24.64	0.01%
SIXO	AllianzIM U.S. Equity 6 Month Buffer10 Apr/Oct ETF	Held	5,000	0	$169,505	+2.4%	16	$25.68	0.01%
MARW	AllianzIM U.S. Equity Buffer20 Mar ETF	Held	5,000	0	$168,050	+3.3%	11	$25.09	0.01%
SIXJ	AllianzIM U.S. Equity 6 Month Buffer10 Jan/Jul ETF	Held	5,000	0	$166,700	+4.2%	15	$24.27	0.01%
NVBW	AllianzIM U.S. Equity Buffer20 Nov ETF	Held	5,000	0	$166,425	+3.3%	12	$25.28	0.01%
FEBW	AllianzIM U.S. Equity Buffer20 Feb ETF	Held	5,000	0	$165,700	+3.7%	11	$24.91	0.01%

Showing the top 50 of 64 positions. Create a free account to see every position, past quarters, search, filters and CSV export.

Covers the securities this platform tracks: U.S.-listed common stock and the put/call positions reported on it. A 13F can also report security types outside that coverage — preferred shares, bonds, warrants, untracked share classes — so the filing's own declared total can exceed the figures above. The source filing is linked at the top of this table.