iShares US Treasury Bond ETF
GOVT
837 hedge funds and large institutions have $31.9B invested in iShares US Treasury Bond ETF in 2025 Q4 according to their latest regulatory filings, with 124 funds opening new positions, 394 increasing their positions, 229 reducing their positions, and 60 closing their positions.
107% more first-time investments, than exits
New positions opened: 124 | Existing positions closed: 60
72% more repeat investments, than reductions
Existing positions increased: 394 | Existing positions reduced: 229
19% more capital invested
Capital invested by funds: $26.8B → $31.9B (+$5.06B)
6% more funds holding
Funds holding: 790 → 837 (+47)
5.17% less ownership
Funds ownership: 100.35% → 95.18% (-5.2%)
9% less funds holding in top 10
Funds holding in top 10: 56 → 51 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.55B |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$754M |
| 3 |
LPL Financial
San Diego,
California
|
+$183M |
| 4 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$109M |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$108M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$101M |
| 2 |
JF
Jump Financial
Chicago,
Illinois
|
-$51.9M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$37.1M |
| 4 |
TC
Trilogy Capital
Irvine,
California
|
-$35.7M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$29.8M |
GOVT Hedge Fund Activity: Q4 2025 in Review
837 of the 8,284 institutional investors tracked by Wall St. Rank reported a position in iShares US Treasury Bond ETF (GOVT) for Q4 2025, worth a combined $31.9B — up 19% from $26.8B a quarter earlier.
Buyers outnumbered sellers: 124 funds opened new GOVT positions and 60 closed out — a net gain of 64 holders — while 394 added to existing stakes and 229 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $3.55B. The largest seller was Envestnet Asset Management, cutting an estimated $101M.
- 837 institutional investors held iShares US Treasury Bond ETF (GOVT) as of Q4 2025, up from 790 in Q3 2025.
- Funds reported $31.9B of iShares US Treasury Bond ETF stock for Q4 2025, up 19% quarter-over-quarter.
- 124 funds opened new iShares US Treasury Bond ETF positions in Q4 2025 and 60 closed out, a net change of +64 holders.
- The largest iShares US Treasury Bond ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $3.55B added.
- The largest iShares US Treasury Bond ETF seller in Q4 2025 was Envestnet Asset Management, an estimated $101M sold.
Based on aggregated 13F filings for Q4 2025.