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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
WAM
551
WealthTrust Asset Management
Florida
$1.6M +$1.56M +17,573 New
PCA
552
PMV Capital Advisers
Texas
$1.6M -$631K -7,085 -29%
EAM
553
Eschler Asset Management
United Kingdom
$1.59M +$1.55M +17,433 New
Financial Engines Advisors
554
Financial Engines Advisors
California
$1.58M -$108K -1,213 -7%
KNFPWM
555
Keeler & Nadler Financial Planning & Wealth Management
Ohio
$1.58M -$881K -9,897 -36%
Pathstone Holdings
556
Pathstone Holdings
New Jersey
$1.58M -$1.17M -13,187 -43%
SSCM
557
Spectrum Strategic Capital Management
Oregon
$1.57M +$43K +483 +3%
DWM
558
DKM Wealth Management
California
$1.55M -$483K -5,430 -24%
BAM
559
Belpointe Asset Management
Nevada
$1.55M -$13M -146,014 -90%
TA
560
Tectonic Advisors
Texas
$1.55M +$3.03K +34 +0.2%
BOSSRA
561
B.O.S.S. Retirement Advisors
Utah
$1.53M +$4.09K +46 +0.3%
CAM
562
Cresset Asset Management
Illinois
$1.52M +$149K +1,674 +11%
HPM
563
Hoxton Planning & Management
West Virginia
$1.52M -$418K -4,692 -22%
IF
564
Intrua Financial
Texas
$1.5M +$567K +6,364 +63%
CIAS
565
CFS Investment Advisory Services
New Jersey
$1.5M -$6.88M -77,305 -82%
PAMG
566
Patton Albertson Miller Group
Tennessee
$1.5M +$864K +9,707 +144%
PWP
567
Pursue Wealth Partners
California
$1.5M +$1.12M +12,635 +333%
IPWA
568
International Private Wealth Advisors
California
$1.49M +$176K +1,976 +14%
KCM
569
Kornitzer Capital Management
Kansas
$1.48M +$145K +1,634 +11%
SGI
570
Summit Global Investments
Utah
$1.48M -$12M -134,789 -89%
SAI
571
Savvy Advisors Inc
New York
$1.48M +$609K +6,841 +73%
AAS
572
Annex Advisory Services
Wisconsin
$1.47M -$1.17M -13,146 -45%
OIA
573
Optimum Investment Advisors
Illinois
$1.47M
TL
574
Tradewinds LLC
North Carolina
$1.47M +$1.44M +16,135 New
IMC
575
Investment Management Corporation
Virginia
$1.46M -$39.7K -446 -3%

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.