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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
JFG
526
Jefferies Financial Group
New York
$1.82M +$1.78M +20,000 New
AWM
527
Apollon Wealth Management
South Carolina
$1.81M -$3.18M -35,732 -64%
OFG
528
Omega Financial Group
California
$1.81M +$9.17K +103 +0.5%
CPP
529
Capasso Planning Partners
South Carolina
$1.78M +$1.74M +19,526 New
MFG
530
Merit Financial Group
Georgia
$1.78M -$2.16M -24,291 -55%
GSEP
531
Golden State Equity Partners
California
$1.76M +$367K +4,119 +27%
SCM
532
Saxony Capital Management
Missouri
$1.76M +$1.51M +16,964 +721%
RSWM
533
Robertson Stephens Wealth Management
California
$1.75M +$938K +10,537 +122%
EWA
534
Etesian Wealth Advisors
Oregon
$1.74M +$179K +2,006 +12%
GWM
535
GDS Wealth Management
Texas
$1.74M -$964K -10,832 -36%
UW
536
Unique Wealth
Florida
$1.73M +$372K +4,174 +28%
RF
537
Robbins Farley
New Hampshire
$1.72M -$2.94K -33 -0.2%
WW
538
Westshore Wealth
California
$1.71M -$132K -1,479 -7%
CKAIS
539
Christensen King & Associates Investment Services
Washington
$1.7M -$3.21K -36 -0.2%
HIM
540
Hanlon Investment Management
New Jersey
$1.69M +$1.4M +15,717 +545%
MCM
541
MAI Capital Management
Ohio
$1.69M +$29.3K +329 +2%
SIS
542
Strategic Investment Solutions
Illinois
$1.69M +$365K +4,097 +28%
Two Sigma Investments
543
Two Sigma Investments
New York
$1.67M +$1.63M +18,306 New
SS
544
Sunbelt Securities
Texas
$1.66M +$507K +5,696 +45%
GSC
545
Ground Swell Capital
South Carolina
$1.65M -$7.58M -85,123 -82%
SC
546
Shay Capital
New York
$1.65M -$89K -1,000 -5%
WA
547
WESPAC Advisors
California
$1.65M +$1.61M +18,088 New
OWA
548
One Wealth Advisors
California
$1.65M -$5.07M -56,923 -76%
BCM
549
Boltwood Capital Management
California
$1.62M +$60.9K +684 +4%
MAM
550
MMA Asset Management
Pennsylvania
$1.62M +$106K +1,195 +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.