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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
ATPW
751
Ashton Thomas Private Wealth
Arizona
$603K -$1.72M -19,274 -74%
OPOWM
752
One Plus One Wealth Management
Florida
$603K -$387K -4,349 -40%
PTC
753
Private Trust Company
Ohio
$601K +$143K +1,602 +32%
APSPRSPT
754
Arizona Public Safety Personnel Retirement System (PSPRS) Trust
Arizona
$601K +$588K +6,601 New
BFO
755
Biltmore Family Office
North Carolina
$600K +$569K +6,390 +3,148%
VCA
756
Verdence Capital Advisors
Maryland
$595K +$582K +6,537 New
WA
757
Westfuller Advisors
New York
$591K +$1.69K +19 +0.3%
WIM
758
Westside Investment Management
California
$590K +$124K +1,392 +27%
CFG
759
Cooper Financial Group
California
$589K -$3.9M -43,824 -87%
VIS
760
Vega Investment Solutions
France
$587K +$574K +6,449 New
GF
761
Gries Financial
Ohio
$583K -$2.76M -30,972 -83%
OC
762
Optima Capital
Oregon
$582K +$569K +6,394 New
PWG
763
Portside Wealth Group
Utah
$581K +$568K +6,382 New
ISFAN
764
Investor's Fiduciary Advisor Network
Washington
$580K -$5.52K -62 -1%
IA
765
IFG Advisory
Georgia
$580K -$341K -3,832 -38%
GSWM
766
Golden State Wealth Management
California
$579K +$27.3K +307 +5%
SWM
767
SeaCrest Wealth Management
New York
$578K +$6.68K +75 +1%
DWM
768
Diversify Wealth Management
Utah
$578K +$162K +1,817 +40%
ECA
769
Elevated Capital Advisors
Utah
$576K +$85.5K +960 +18%
HW
770
Hancock Whitney
Mississippi
$574K -$2.47M -27,783 -82%
MSWA
771
Marshall & Sterling Wealth Advisors
New York
$571K -$721K -8,098 -56%
DBRC
772
D.B. Root & Company
Pennsylvania
$571K +$13.4K +150 +2%
M
773
MATAURO
New York
$571K -$30.6K -344 -5%
JWCA
774
J.W. Cole Advisors
Florida
$571K +$309K +3,471 +124%
CPRC
775
Consolidated Portfolio Review Corp
New York
$563K -$257K -2,883 -32%

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.