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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
VFG
301
V2 Financial group
Illinois
$6.7M -$573K -6,438 -8%
NA
302
Navellier & Associates
Nevada
$6.7M +$6.84M +76,847 New
BCWM
303
Ball & Co Wealth Management
Tennessee
$6.65M +$6.5M +73,022 New
FIM
304
Freedom Investment Management
Connecticut
$6.64M +$1.33M +14,969 +26%
IFA
305
Interactive Financial Advisors
Illinois
$6.55M +$591K +6,640 +10%
Betterment LLC
306
Betterment LLC
New York
$6.5M +$1.3M +14,565 +26%
WAM
307
WNY Asset Management
New York
$6.47M -$1.05M -11,836 -14%
SSWM
308
Smith Salley Wealth Management
North Carolina
$6.39M +$2.45M +27,565 +65%
FA
309
Fermata Advisors
California
$6.29M +$107K +1,197 +2%
BS
310
Banco Santander
Spain
$6.24M +$1.77M +19,885 +41%
MCP
311
Militia Capital Partners
Nevada
$6.2M +$6.06M +68,100 New
MWPCG
312
Measured Wealth Private Client Group
New Hampshire
$6.2M +$431K +4,837 +8%
EF
313
Empowered Funds
Pennsylvania
$6.15M +$731K +8,213 +14%
GWM
314
Geneos Wealth Management
Colorado
$6.12M +$1.45M +16,332 +32%
RCM
315
Ridgepath Capital Management
Tennessee
$6.08M +$5.95M +66,801 New
NYLIM
316
New York Life Investment Management
New York
$6.08M -$3.33M -37,439 -36%
AFS
317
AFG Fiduciary Services
Massachusetts
$6.07M +$2.14M +24,067 +54%
GI
318
GLOBALT Investments
Georgia
$6.01M -$744K -8,360 -11%
PCA
319
Pallas Capital Advisors
Massachusetts
$6.01M +$127K +1,423 +2%
GWSA
320
Global Wealth Strategies & Associates
Colorado
$6M +$608K +6,835 +12%
Vontobel Holding
321
Vontobel Holding
Switzerland
$5.94M +$1.32M +14,778 +29%
GFG
322
Greenberg Financial Group
Arizona
$5.94M +$6.1M +68,528 New
AIA
323
Alternative Investment Advisors
Florida
$5.94M -$332K -3,731 -5%
AI
324
Amplify Investments
Illinois
$5.9M +$5.9M +66,281 New
TPW
325
Tiller Private Wealth
Pennsylvania
$5.88M -$426K -4,782 -7%

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.