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iShares 20+ Year Treasury Bond ETF

1,179 hedge funds and large institutions have $41.8B invested in iShares 20+ Year Treasury Bond ETF in 2025 Q1 according to their latest regulatory filings, with 174 funds opening new positions, 432 increasing their positions, 456 reducing their positions, and 181 closing their positions.

New
Increased
Maintained
Reduced
Closed

35% more call options, than puts

Call options by funds: $15.9B | Put options by funds: $11.8B

22% more funds holding in top 10

Funds holding in top 10: 106129 (+23)

13% more capital invested

Capital invested by funds: $37.1B → $41.8B (+$4.68B)

8.85% more ownership

Funds ownership: 70.98%79.83% (+8.8%)

4% less first-time investments, than exits

New positions opened: 174 | Existing positions closed: 181

5% less repeat investments, than reductions

Existing positions increased: 432 | Existing positions reduced: 456

3% less funds holding

Funds holding: 1,2181,179 (-39)

Holders
1,179
Holders Change
-39
Holders Change %
-3.2%
% of All Funds
15.81%
Holding in Top 10
129
Holding in Top 10 Change
+23
Holding in Top 10 Change %
+21.7%
% of All Funds
1.73%
New
174
Increased
432
Reduced
456
Closed
181
Calls
$15.9B
Puts
$11.8B
Net Calls
+$4.1B
Net Calls Change
+$2.47B
Name Holding Trade Value Shares
Change
Change in
Stake
MA
251
Mutual Advisors
Nebraska
$9.1M -$1.71M -19,168 -16%
ACM
252
Avos Capital Management
Washington
$8.9M +$2.85M +31,968 +49%
AFG
253
Atomi Financial Group
New York
$8.9M +$1.35M +15,220 +18%
DWM
254
Dakota Wealth Management
Florida
$8.86M +$8.67M +97,345 New
SIM
255
Synergy Investment Management
Florida
$8.8M +$1.41M +15,889 +20%
BCM
256
Basswood Capital Management
New York
$8.75M
TI
257
Tidal Investments
Wisconsin
$8.73M +$8.22M +92,349 +2,592%
HNB
258
Huntington National Bank
Ohio
$8.65M
Lido Advisors
259
Lido Advisors
California
$8.59M +$8.04M +90,351 +2,233%
PAA
260
Peregrine Asset Advisers
Oregon
$8.49M +$6.19M +69,512 +292%
Renaissance Technologies
261
Renaissance Technologies
New York
$8.49M -$98.5M -1,106,700 -92%
FFA
262
Farther Finance Advisors
California
$8.4M -$203K -2,284 -2%
Wealthfront Advisers
263
Wealthfront Advisers
California
$8.39M -$3.99M -44,788 -33%
TIM
264
Timelo Investment Management
Ontario, Canada
$8.19M -$1.34M -15,000 -14%
SBLIC
265
Security Benefit Life Insurance Company
Kansas
$8.19M
SG Americas Securities
266
SG Americas Securities
New York
$8.19M +$775K +8,709 +11%
FSC
267
Full Sail Capital
Oklahoma
$8.12M +$404K +4,543 +5%
USWG
268
U.S. Wealth Group
New York
$8.11M -$144K -1,623 -2%
CAPTRUST Financial Advisors
269
CAPTRUST Financial Advisors
North Carolina
$8.1M -$759K -8,524 -9%
RWM
270
Rezny Wealth Management
Florida
$8.08M -$8.9M -100,004 Closed
WCWM
271
Wooster Corthell Wealth Management
Connecticut
$8.03M +$1.12M +12,553 +17%
QPWM
272
Quadrant Private Wealth Management
Pennsylvania
$7.96M +$1.39M +15,660 +22%
ECM
273
ExodusPoint Capital Management
New York
$7.9M +$6.63M +74,497 +604%
N
274
Natixis
France
$7.88M +$4.77M +53,574 +161%
AI
275
Arvest Investments
Arkansas
$7.81M +$176K +1,975 +2%

TLT Hedge Fund Activity: Q1 2025 in Review

1,179 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q1 2025, worth a combined $41.8B — up 13% from $37.1B a quarter earlier.

Sellers outnumbered buyers: 181 funds closed out of TLT and 174 opened new positions — a net loss of 7 holders — while 456 trimmed existing stakes and 432 added.

The largest buyer was Citigroup, adding an estimated $2.19B. The largest seller was Envestnet Asset Management, cutting an estimated $791M.

  • 1,179 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q1 2025, down from 1,218 in Q4 2024.
  • Funds reported $41.8B of iShares 20+ Year Treasury Bond ETF stock for Q1 2025, up 13% quarter-over-quarter.
  • 174 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q1 2025 and 181 closed out, a net change of -7 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q1 2025 was Citigroup, an estimated $2.19B added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q1 2025 was Envestnet Asset Management, an estimated $791M sold.

Based on aggregated 13F filings for Q1 2025.