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iShares 20+ Year Treasury Bond ETF

165 hedge funds and large institutions have $4.63B invested in iShares 20+ Year Treasury Bond ETF in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 57 increasing their positions, 67 reducing their positions, and 44 closing their positions.

New
Increased
Maintained
Reduced
Closed

42.35% more ownership

Funds ownership: 110.88%153.24% (+42%)

2% less capital invested

Capital invested by funds: $4.73B → $4.63B (-$106M)

9% less funds holding

Funds holding: 181165 (-16)

10% less funds holding in top 10

Funds holding in top 10: 2119 (-2)

13% less call options, than puts

Call options by funds: $2.44B | Put options by funds: $2.81B

15% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 67

27% less first-time investments, than exits

New positions opened: 32 | Existing positions closed: 44

Holders
165
Holders Change
-16
Holders Change %
-8.84%
% of All Funds
5.35%
Holding in Top 10
19
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-9.52%
% of All Funds
0.62%
New
32
Increased
57
Reduced
67
Closed
44
Calls
$2.44B
Puts
$2.81B
Net Calls
-$375M
Net Calls Change
+$72M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
26
LPL Financial
California
$26.7M +$5.77M +54,480 +27%
LTI
27
Laffer Tengler Investments
Tennessee
$25M -$24.9K -235 Closed
UCFA
28
United Capital Financial Advisors
Texas
$24.8M +$4.73M +44,652 +24%
SNC
29
Stifel Nicolaus & Co
Missouri
$24M +$8.74M +82,458 +58%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$22.5M +$2.66M +25,149 +14%
SG Americas Securities
31
SG Americas Securities
New York
$22.3M -$1.34M -12,684 -6%
PAG
32
Pinnacle Advisory Group
Maryland
$21.7M -$8.05M -76,006 -27%
UBS AM
33
UBS AM
Illinois
$20.1M
BNP Paribas Financial Markets
34
BNP Paribas Financial Markets
France
$17.9M +$10.4M +98,568 +142%
BIT
35
BlackRock Institutional Trust
California
$17.9M -$41.8M -394,115 -70%
IWC
36
Integrated Wealth Counsel
California
$17.4M +$17.3M +163,570 New
3CP
37
3G Capital Partners
New York
$16M +$15.9M +150,000 New
BFA
38
BlackRock Fund Advisors
California
$15.9M -$389K -3,668 -2%
SCM
39
Seamans Capital Management
Massachusetts
$14.3M +$5.45M +51,450 +62%
Citigroup
40
Citigroup
New York
$14.1M -$1.59M -14,961 -10%
Rafferty Asset Management
41
Rafferty Asset Management
New York
$13.5M -$4.91M -46,359 -27%
Balyasny Asset Management
42
Balyasny Asset Management
Illinois
$13.3M +$13.2M +125,000 New
JP Morgan Chase
43
JP Morgan Chase
New York
$13.1M +$7.79M +73,506 +147%
Fidelity Investments
44
Fidelity Investments
Massachusetts
$13.1M +$7.22M +68,100 +123%
WCA
45
Waratah Capital Advisors
Ontario, Canada
$12.5M +$12.4M +117,200 New
RJA
46
Raymond James & Associates
Florida
$11.7M +$4.56K +43 +0%
Nomura Holdings
47
Nomura Holdings
Japan
$10.8M +$7.12M +67,176 +195%
MAA
48
Managed Account Advisors
New Jersey
$10.4M -$5.21M -49,200 -33%
BlackRock
49
BlackRock
New York
$9.78M +$9.74M +91,900 New
Janney Montgomery Scott
50
Janney Montgomery Scott
Pennsylvania
$9.5M +$9.46M +89,308 New

TLT Hedge Fund Activity: Q3 2013 in Review

165 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q3 2013, worth a combined $4.63B — down 2.2% from $4.73B a quarter earlier.

Sellers outnumbered buyers: 44 funds closed out of TLT and 32 opened new positions — a net loss of 12 holders — while 67 trimmed existing stakes and 57 added.

The largest buyer was Susquehanna International Group, adding an estimated $607M. The largest seller was Credit Suisse, cutting an estimated $416M.

  • 165 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q3 2013, down from 181 in Q2 2013.
  • Funds reported $4.63B of iShares 20+ Year Treasury Bond ETF stock for Q3 2013, down 2.2% quarter-over-quarter.
  • 32 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q3 2013 and 44 closed out, a net change of -12 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $607M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q3 2013 was Credit Suisse, an estimated $416M sold.

Based on aggregated 13F filings for Q3 2013.