iShares iBonds Dec 2032 Term Treasury ETF
IBTM
98 hedge funds and large institutions have $290M invested in iShares iBonds Dec 2032 Term Treasury ETF in 2025 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 49 increasing their positions, 22 reducing their positions, and 11 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 22
36% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 11
5% more capital invested
Capital invested by funds: $276M → $290M (+$14.2M)
2% more funds holding
Funds holding: 96 → 98 (+2)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
4.11% less ownership
Funds ownership: 63.12% → 59.02% (-4.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$7.01M |
| 2 |
KF
Krilogy Financial
St. Louis,
Missouri
|
+$4.41M |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$4.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.89M |
| 5 |
ADL
Asset Dedication LLC
San Francisco,
California
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPW
Parcion Private Wealth
Bellevue,
Washington
|
-$20.9M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.54M |
| 3 |
CIM
Confluence Investment Management
St. Louis,
Missouri
|
-$500K |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$385K |
| 5 |
HL
HeadInvest LLC
Portland,
Maine
|
-$301K |
IBTM Hedge Fund Activity: Q4 2025 in Review
98 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iShares iBonds Dec 2032 Term Treasury ETF (IBTM) for Q4 2025, worth a combined $290M — up 5.2% from $276M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new IBTM positions and 11 closed out — a net gain of 4 holders — while 49 added to existing stakes and 22 trimmed.
The largest buyer was Legacy Private Trust, opening a new position worth an estimated $7.01M. The largest seller was Parcion Private Wealth, exiting entirely with an estimated $20.9M sold.
- 98 institutional investors held iShares iBonds Dec 2032 Term Treasury ETF (IBTM) as of Q4 2025, up from 96 in Q3 2025.
- Funds reported $290M of iShares iBonds Dec 2032 Term Treasury ETF stock for Q4 2025, up 5.2% quarter-over-quarter.
- 15 funds opened new iShares iBonds Dec 2032 Term Treasury ETF positions in Q4 2025 and 11 closed out, a net change of +4 holders.
- The largest iShares iBonds Dec 2032 Term Treasury ETF buyer in Q4 2025 was Legacy Private Trust, an estimated $7.01M added.
- The largest iShares iBonds Dec 2032 Term Treasury ETF seller in Q4 2025 was Parcion Private Wealth, an estimated $20.9M sold.
Based on aggregated 13F filings for Q4 2025.