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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
SL
801
SWMG LLC
Texas
$495K -$349K -3,915 -41%
NWMG
802
National Wealth Management Group
Ohio
$492K +$481K +5,408 New
HFA
803
High Falls Advisors
New York
$489K -$6.47M -72,643 -93%
BWM
804
BCGM Wealth Management
Indiana
$488K -$2.92M -32,795 -86%
MFS
805
Madrona Financial Services
Washington
$487K -$2.98M -33,482 -86%
NWA
806
Navis Wealth Advisors
New York
$487K +$476K +5,346 New
IPW
807
Invictus Private Wealth
Colorado
$486K +$14.2K +159 +3%
HA
808
Herold Advisors
New York
$485K -$30.1K -338 -6%
FSA
809
Fort Sheridan Advisors
Illinois
$484K +$10.4K +117 +2%
WPW
810
Watershed Private Wealth
Illinois
$473K -$1.66M -18,632 -78%
AWE
811
Avidian Wealth Enterprises
Texas
$472K -$536K -6,020 -54%
SI
812
Saxon Interests
Texas
$464K -$445 -5 -0.1%
EFG
813
Elios Financial Group
Ohio
$462K -$31.3K -352 -6%
PFA
814
Pettinga Financial Advisors
Indiana
$459K -$3.47M -39,034 -89%
FA
815
Fiduciary Alliance
South Carolina
$456K +$149K +1,672 +50%
BIA
816
Barry Investment Advisors
Massachusetts
$456K
FHA
817
Flagship Harbor Advisors
Massachusetts
$455K -$24.3K -273 -5%
FIA
818
FNY Investment Advisers
New York
$455K -$406K -4,560 -48%
HBS
819
Howard Bailey Securities
Indiana
$453K -$11K -124 -2%
LSA
820
Lansing Street Advisors
Pennsylvania
$450K +$77.1K +866 +21%
AA
821
Advisory Alpha
Michigan
$449K -$66.4K -746 -13%
CWS
822
Cypress Wealth Services
California
$446K -$1.59M -17,855 -78%
WFA
823
WMG Financial Advisors
Tennessee
$446K +$175K +1,964 +67%
MCA
824
Midwest Capital Advisors
Michigan
$442K -$2M -22,518 -82%
RFC
825
Regions Financial Corp
Alabama
$438K -$52.1K -585 -11%

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.