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iShares 20+ Year Treasury Bond ETF

161 hedge funds and large institutions have $4.68B invested in iShares 20+ Year Treasury Bond ETF in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 43 increasing their positions, 68 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

62.5% more ownership

Funds ownership: 153.24%215.73% (+62%)

1% more capital invested

Capital invested by funds: $4.63B → $4.68B (+$59.3M)

5% less call options, than puts

Call options by funds: $2B | Put options by funds: $2.12B

7% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 43

2% less funds holding

Funds holding: 165161 (-4)

26% less funds holding in top 10

Funds holding in top 10: 1914 (-5)

37% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 68

Holders
161
Holders Change
-4
Holders Change %
-2.42%
% of All Funds
4.67%
Holding in Top 10
14
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-26.32%
% of All Funds
0.41%
New
40
Increased
43
Reduced
68
Closed
43
Calls
$2B
Puts
$2.12B
Net Calls
-$114M
Net Calls Change
+$261M
Name Holding Trade Value Shares
Change
Change in
Stake
PNC Financial Services Group
26
PNC Financial Services Group
Pennsylvania
$21.1M -$411K -3,923 -2%
RMC
27
Regis Management Company
California
$20.9M -$18.5M -177,006 -46%
QA
28
Quintium Advisors
Tennessee
$19.8M +$20.4M +194,490 New
LPL Financial
29
LPL Financial
California
$19.5M -$6.61M -63,149 -25%
BNP Paribas Financial Markets
30
BNP Paribas Financial Markets
France
$16.4M -$764K -7,300 -4%
BFA
31
BlackRock Fund Advisors
California
$14.6M -$635K -6,060 -4%
UBS AM
32
UBS AM
Illinois
$13.3M
Capstone Investment Advisors
33
Capstone Investment Advisors
New York
$11.4M +$11.7M +111,652 New
Millennium Management
34
Millennium Management
New York
$11M +$8.53M +81,487 +305%
MIG
35
Mariner Investment Group
New York
$9.84M +$7.71M +73,625 +320%
SCM
36
Seamans Capital Management
Massachusetts
$9.68M -$4.17M -39,800 -30%
NYLIM
37
New York Life Investment Management
New York
$9.29M +$534K +5,100 +6%
LTFS
38
Ladenburg Thalmann Financial Services
Florida
$9.21M +$717K +6,845 +8%
OL
39
Orbitronix LP
California
$9.17M +$6.28M +60,000 +200%
SAS
40
Sage Advisory Services
Texas
$8.66M -$107K -1,020 -1%
Janney Montgomery Scott
41
Janney Montgomery Scott
Pennsylvania
$8.56M -$550K -5,250 -6%
MAA
42
Managed Account Advisors
New Jersey
$8.52M -$1.51M -14,415 -15%
DS
43
DRW Securities
Illinois
$8.35M +$8.58M +81,946 New
TWM
44
Tanglewood Wealth Management
Texas
$7.88M +$708K +6,766 +11%
Bank of New York Mellon
45
Bank of New York Mellon
New York
$6.73M +$3.8M +36,280 +122%
ECM
46
Evergreen Capital Management
Washington
$6.69M -$1.04M -9,977 -13%
FA
47
FDx Advisors
Illinois
$6.13M +$6.3M +60,192 New
JP Morgan Chase
48
JP Morgan Chase
New York
$5.91M -$6.86M -65,522 -53%
AAM
49
American Asset Management
Florida
$5.7M -$43M -410,836 -88%
BCM
50
Bluefin Capital Management
New York
$5.42M +$5.57M +53,183 New

TLT Hedge Fund Activity: Q4 2013 in Review

161 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q4 2013, worth a combined $4.68B — up 1.3% from $4.63B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of TLT and 40 opened new positions — a net loss of 3 holders — while 68 trimmed existing stakes and 43 added.

The largest buyer was Deutsche Bank, adding an estimated $327M. The largest seller was Barclays, cutting an estimated $418M.

  • 161 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q4 2013, down from 165 in Q3 2013.
  • Funds reported $4.68B of iShares 20+ Year Treasury Bond ETF stock for Q4 2013, up 1.3% quarter-over-quarter.
  • 40 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q4 2013 and 43 closed out, a net change of -3 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q4 2013 was Deutsche Bank, an estimated $327M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q4 2013 was Barclays, an estimated $418M sold.

Based on aggregated 13F filings for Q4 2013.