Allianz Investment Management U.S. LLC

In its 13F for Q4 2024 (holdings as of December 31, 2024, filed February 12, 2025), Allianz Investment Management U.S. LLC reported 55 stock positions worth $1.4 billion. Its top holding was Ishr Ibx Usd Invgd CB ETF-Ui (LQD) at 65.6% of the portfolio, followed by Vanguard Long-Term Corp. Bond (VCLT, 12.7%) and iShares 10+ Year Inv GR (IGLB, 5.6%). Compared with Q3 2024, it opened 5 new positions and reduced 14. The biggest buy was a new position in PIMCO Pref and Cap Sec Act (PRFD) and the biggest sale Ishr Ibx Usd Invgd CB ETF-Ui (LQD, shares −0%).

Most Recent 13F
Q3 2025
Location
Minneapolis, MN
CIK
0001860935
Portfolio Value
$1.4B (Q4 2024)
SEC Filing
0000950123-25-001779 ↗ filed Feb 12, 2025

Holdings Value

0$1.0B$2.0B$3.0B Q1 2024: $1.6B Q1 2024 Q2 2024: $1.6B Q2 2024 Q3 2024: $1.5B Q3 2024 Q4 2024: $1.4B $1.4B Q4 2024 Q1 2025: $1.8B Q1 2025 Q2 2025: $2.3B Q2 2025 Q3 2025: $2.7B Q3 2025

Holdings 55 stocks · $1.4B
LQD Ishr Ibx Usd Invgd CB ETF-Ui 65.64% 8,715,455 $931.2M Reduce -0.1%
VCLT Vanguard Long-Term Corp. Bond 12.74% 2,416,012 $180.7M No change
IGLB iShares 10+ Year Inv GR Corp. 5.65% 1,622,000 $80.1M No change
EMNT PIMCO Enhcd St M-Active ESG 1.73% 249,000 $24.5M No change
VWOB Vanguard Emerg MKTS Gov BND 1.68% 377,100 $23.8M No change
HYG Ishr Ibx Usd Hiyld CB ETF-Ui 1.66% 300,000 $23.6M No change
OWNS CCM Affordable Hous MBS ETF 1.49% 1,248,751 $21.1M No change
PRFD PIMCO Pref and Cap Sec Act 1.28% 360,000 $18.1M New
JAAA Janus Henderson Aaa Clo ETF 1.07% 300,000 $15.2M New
ANGL Vaneck Fallen Angel High YLD 0.50% 248,042 $7.1M No change
FLJJ Allianzim US 6M FLR5 Jan-Jul 0.40% 198,511 $5.7M No change
SPIB SS SPDR P Int C Corp. ETF 0.40% 174,122 $5.7M Reduce -4.1%
MAYU Allianzim US BF15 Uncap May 0.40% 199,780 $5.7M No change
FLAO Allianzim US 6M FL5 Apr-Oct 0.39% 199,780 $5.5M No change
JNEU Allianzim US BF15 Uncap Jun 0.38% 200,100 $5.4M No change
ARLU Allianzim US BF15 Uncap Apr 0.37% 194,860 $5.3M Reduce -2.5%
JULU Allianzim US BF15 Uncap Jul 0.37% 199,541 $5.3M No change
AUGU Allianzim US BF15 Uncap Aug 0.37% 199,780 $5.2M No change
SEPU Allianzim US BF15 Uncap Sep 0.37% 200,984 $5.2M No change
NVBU Allianzim US BF15 Uncap Nov 0.36% 198,275 $5.1M New
SIXP Allian US Equ 6 Mon BU10-Usd 0.36% 181,149 $5.0M No change
OCTU Allianzim US BF15 Uncap Oct 0.35% 196,146 $5.0M New
DECU Allianzim US BF15 Uncap Dec 0.35% 199,541 $4.9M New
SIXZ Allian US Equ 6 Mon BU10-Usd 0.34% 174,780 $4.8M Reduce -12.5%
SIXF Allian US Equ 6 Mon BU10-Usd 0.32% 158,985 $4.5M Reduce -8.6%
SIXD Allian US Equ 6 Mon BU10-Usd 0.24% 127,360 $3.4M Reduce -36.3%
IGSB iShares 1-5Y Inv Grade Corp. 0.18% 48,144 $2.5M No change
MAYT All US Equ BUF10 May ETF-Usd 0.07% 31,802 $1.1M Reduce -38.6%
IGIB iShares 5-10Y Inv Grade Corp. 0.07% 19,597 $1.0M Reduce -20.3%
MINT PIMCO Enhanced Short Maturit 0.07% 9,838 $987K No change
HYS PIMCO 0-5 Year H/Y Corp. Bond 0.07% 9,977 $935K No change
CORP PIMCO Inv Grade Corp. BD ETF 0.06% 9,000 $856K No change
JUNT Allianzim US Eq BFFR10 JN-US 0.05% 23,117 $747K No change
APRT Allianzim US Eq BFFR10 Ap-US 0.01% 5,000 $193K No change
OCTT All US Equ BUF10 Oct ETF-Usd 0.01% 5,000 $191K Reduce -97.5%
OCTW Alianzim US Eq BFR20 Oct-Usd 0.01% 5,000 $178K No change
JULW Alianzim US Eq BFR20 Jul-Usd 0.01% 5,000 $175K No change
FEBT Allianzim US Eq BFFR10 FB-US 0.01% 5,000 $169K No change
MART Allianzim US Eq BFFR10 Mr-US 0.01% 5,000 $169K No change
NVBT All US Equ BUF10 Nov ETF-Usd 0.01% 5,000 $163K Reduce -89.2%
SIXO Allian US Equ 6 Mon BU10-Usd 0.01% 5,000 $162K Reduce -89.7%
DECT Allianzim US Eq BFFR10 DC-US 0.01% 5,000 $159K Reduce -86.6%
AUGT Allianzim US Eq BFFR10 AG-US 0.01% 5,000 $155K No change
MARW Alianzim US Eq BFR20 Mar-Usd 0.01% 5,000 $155K No change
FEBW Alianzim US Eq BFR20 Feb-Usd 0.01% 5,000 $155K No change
NVBW Alnzim US Eqt BFR2 No Et-Usd 0.01% 5,000 $155K No change
SEPT All US Equ BUF10 Sep ETF-Usd 0.01% 5,000 $153K No change
MAYW Alianzim US Eq BFR20 May-Usd 0.01% 5,000 $152K Reduce -64.7%
DECW Alianzim US Eq BFR20 Dec-Usd 0.01% 5,000 $152K No change
SIXJ Allian US Equ 6 Mon BU10-Usd 0.01% 5,000 $152K Reduce -91.1%
JUNW Alianzim US Eq BFR20 Jun-Usd 0.01% 5,000 $150K No change
AUGW Alianzim US Eq BFR20 Aug-Usd 0.01% 5,000 $146K No change
SEPW Alianzim US Eq BFR20 Sep-Usd 0.01% 5,000 $145K No change
APRW Allinzim US Eq BFR20 Apr-Usd 0.01% 4,000 $131K No change
JULT All US Equ BUF10 Jul ETF-Usd 0.00% 1,310 $52K No change

Portfolio Sells Q3 2024 → Q4 2024
LQD Ishr Ibx Usd Invgd CB ETF-Ui Reduce -0.1% 65.64% −1.59
OCTT All US Equ BUF10 Oct ETF-Usd Reduce -97.5% 0.01% −0.51
SIXD Allian US Equ 6 Mon BU10-Usd Reduce -36.3% 0.24% −0.12
SIXJ Allian US Equ 6 Mon BU10-Usd Reduce -91.1% 0.01% −0.10
SIXO Allian US Equ 6 Mon BU10-Usd Reduce -89.7% 0.01% −0.09
NVBT All US Equ BUF10 Nov ETF-Usd Reduce -89.2% 0.01% −0.09
DECT Allianzim US Eq BFFR10 DC-US Reduce -86.6% 0.01% −0.07
MAYT All US Equ BUF10 May ETF-Usd Reduce -38.6% 0.07% −0.04
SIXZ Allian US Equ 6 Mon BU10-Usd Reduce -12.5% 0.34% −0.02
IGIB iShares 5-10Y Inv Grade Corp. Reduce -20.3% 0.07% −0.02
MAYW Alianzim US Eq BFR20 May-Usd Reduce -64.7% 0.01% −0.02
SPIB SS SPDR P Int C Corp. ETF Reduce -4.1% 0.40% −0.02
SIXF Allian US Equ 6 Mon BU10-Usd Reduce -8.6% 0.32% −0.01
ARLU Allianzim US BF15 Uncap Apr Reduce -2.5% 0.37% +0.01

Portfolio Buys Q3 2024 → Q4 2024
PRFD PIMCO Pref and Cap Sec Act New 1.28% +1.28
JAAA Janus Henderson Aaa Clo ETF New 1.07% +1.07
NVBU Allianzim US BF15 Uncap Nov New 0.36% +0.36
OCTU Allianzim US BF15 Uncap Oct New 0.35% +0.35
DECU Allianzim US BF15 Uncap Dec New 0.35% +0.35

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q3 2025 65$2.7BJAAA, LQD, VCLT, IGLB, VWOB
Q2 2025 63$2.3BJAAA, LQD, VCLT, IGLB, VWOB
Q1 2025 63$1.8BLQD, JAAA, VCLT, IGLB, EMNT
Q4 2024 55$1.4BLQD, VCLT, IGLB, EMNT, VWOB
Q3 2024 50$1.5BLQD, VCLT, IGLB, VWOB, EMNT
Q2 2024Amended 47$1.6BLQD, VCLT, IGLB, EMNT, VWOB
Q1 2024 41$1.6BLQD, VCLT, IGLB, EMNT, VWOB