iShares 10-20 Year Treasury Bond ETF
547 hedge funds and large institutions have $11B invested in iShares 10-20 Year Treasury Bond ETF in 2025 Q2 according to their latest regulatory filings, with 79 funds opening new positions, 284 increasing their positions, 146 reducing their positions, and 50 closing their positions.
459% more capital inflows, than outflows
Capital inflows: $2.06B | Capital outflows: $369M
303% more call options, than puts
Call options by funds: $6.01M | Put options by funds: $1.49M
95% more repeat investments, than reductions
Existing positions increased: 284 | Existing positions reduced: 146
58% more first-time investments, than exits
New positions opened: 79 | Existing positions closed: 50
21% more funds holding in top 10
Funds holding in top 10: 19 → 23 (+4)
4% more funds holding
Funds holding: 526 → 547 (+21)
2.16% more ownership
Funds ownership: 93.07% → 95.24% (+2.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$489M |
| 2 |
LPL Financial
San Diego,
California
|
+$174M |
| 3 |
BlackRock
New York
|
+$105M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$104M |
| 5 |
Benjamin Edwards Inc
Clayton,
Missouri
|
+$82.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
-$43M |
| 2 |
Goldman Sachs
New York
|
-$40.6M |
| 3 |
Fidelity International
Hamilton,
Bermuda
|
-$33.6M |
| 4 |
Hengehold Capital Management
Cincinnati,
Ohio
|
-$22.2M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$20.4M |
TLH Hedge Fund Activity: Q2 2025 in Review
547 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in iShares 10-20 Year Treasury Bond ETF (TLH) for Q2 2025, worth a combined $11B — up 16% from $9.44B a quarter earlier.
Buyers outnumbered sellers: 79 funds opened new TLH positions and 50 closed out — a net gain of 29 holders — while 284 added to existing stakes and 146 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $489M. The largest seller was Itau Unibanco Holding S.A., cutting an estimated $43M.
- 547 institutional investors held iShares 10-20 Year Treasury Bond ETF (TLH) as of Q2 2025, up from 526 in Q1 2025.
- Funds reported $11B of iShares 10-20 Year Treasury Bond ETF stock for Q2 2025, up 16% quarter-over-quarter.
- 79 funds opened new iShares 10-20 Year Treasury Bond ETF positions in Q2 2025 and 50 closed out, a net change of +29 holders.
- The largest iShares 10-20 Year Treasury Bond ETF buyer in Q2 2025 was Envestnet Asset Management, an estimated $489M added.
- The largest iShares 10-20 Year Treasury Bond ETF seller in Q2 2025 was Itau Unibanco Holding S.A., an estimated $43M sold.
Based on aggregated 13F filings for Q2 2025.