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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
AV
726
Alamea Verwaltungs
New Jersey
$683K +$668K +7,500 New
AFO
727
Aurelius Family Office
New Hampshire
$680K +$14.8K +166 +2%
BFP
728
Briaud Financial Planning
Texas
$680K
PWPS
729
Pinnacle Wealth Planning Services
Ohio
$679K +$22.3K +251 +3%
BMCM
730
Bryn Mawr Capital Management
Pennsylvania
$679K +$93.5K +1,050 +16%
RWA
731
Rooted Wealth Advisors
Illinois
$673K -$4.45K -50 -0.7%
VC
732
Vicus Capital
Pennsylvania
$668K +$407K +4,568 +165%
CICI
733
Capital Investment Counsel Inc
North Carolina
$667K +$60.5K +680 +10%
Lazard Asset Management
734
Lazard Asset Management
New York
$662K
CAWM
735
Capital Advisors Wealth Management
Washington
$662K +$177K +1,987 +38%
FPWM
736
FSB Premier Wealth Management
Iowa
$653K +$109K +1,225 +21%
AQR Capital Management
737
AQR Capital Management
Connecticut
$652K -$33K -371 -5%
FPAS
738
Focus Partners Advisor Solutions
Missouri
$647K +$204K +2,290 +48%
MFP
739
Meridian Financial Partners
Virginia
$645K -$1.02M -11,455 -62%
BCG
740
BayBridge Capital Group
California
$638K -$179K -2,016 -22%
KWM
741
Keebeck Wealth Management
Illinois
$636K -$1.07M -12,024 -63%
JCM
742
J2 Capital Management
Michigan
$635K +$621K +6,978 New
MW
743
Maia Wealth
Colorado
$634K -$838K -9,409 -57%
KFGK
744
Keystone Financial Group (Kentucky)
Kentucky
$630K +$73.7K +828 +14%
DWA
745
Dorsey Wright & Associates
California
$627K +$614K +6,893 New
FCI
746
Financial Counselors Inc
Kansas
$621K +$111K +1,242 +22%
NG
747
Norden Group
Utah
$619K +$35.3K +397 +6%
AIM
748
Advyzon Investment Management
Illinois
$607K +$8.1K +91 +1%
SFO
749
Stokes Family Office
Louisiana
$606K +$343K +3,850 +137%
NFTC
750
North Forty Two & Co
Oregon
$605K +$591K +6,642 New

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.