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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
CSWG
476
Cardinal Strategic Wealth Guidance
Kentucky
$2.41M -$292K -3,278 -11%
TIA
477
Traphagen Investment Advisors
New Jersey
$2.38M -$7.18M -80,697 -75%
VFM
478
Vision Financial Markets
Connecticut
$2.38M +$2.32M +26,100 New
IAN
479
Integrated Advisors Network
Texas
$2.34M -$180K -2,027 -7%
KJHP
480
K.J. Harrison & Partners
Ontario, Canada
$2.32M +$2.27M +25,470 New
GWMR
481
GC Wealth Management RIA
Massachusetts
$2.32M +$2.26M +25,437 New
CCM
482
Crabel Capital Management
California
$2.29M +$1.68M +18,827 +299%
MWA
483
Moser Wealth Advisors
Washington
$2.28M -$4.9K -55 -0.2%
IHL
484
Investment House LLC
California
$2.27M +$750K +8,427 +51%
VCM
485
Virtue Capital Management
Tennessee
$2.27M +$52.6K +591 +2%
IIM
486
Illumine Investment Management
Washington
$2.25M +$336K +3,780 +18%
SHF
487
Safe Harbor Fiduciary
Florida
$2.23M +$2.18M +24,459 New
MWA
488
Midland Wealth Advisors
Illinois
$2.22M -$52.3M -587,723 -96%
UCFA
489
United Capital Financial Advisors
Texas
$2.2M -$25.5M -286,495 -92%
YWM
490
Yukon Wealth Management
Kansas
$2.18M +$2.13M +23,914 New
MHS
491
M Holdings Securities
Oregon
$2.16M -$747K -8,394 -26%
FFS
492
Founders Financial Securities
Maryland
$2.14M +$1.26M +14,202 +146%
PCA
493
Providence Capital Advisors
North Carolina
$2.12M +$15.9K +179 +0.8%
PIA
494
Panoramic Investment Advisors
Colorado
$2.12M +$114K +1,279 +6%
ACM
495
Alethea Capital Management
Washington
$2.1M
OMC
496
Old Mission Capital
Illinois
$2.1M -$17.8M -199,432 -90%
KP
497
Keel Point
Alabama
$2.06M -$10.5K -118 -0.5%
FAM
498
Formidable Asset Management
Ohio
$2.05M -$209K -2,344 -9%
PA
499
PFG Advisors
Arizona
$2.04M -$1.79M -20,064 -47%
TAM
500
Titleist Asset Management
Texas
$2.04M +$708K +7,948 +55%

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.