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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
RAG
826
RIA Advisory Group
Iowa
$437K -$3.34M -37,575 -89%
PP
827
Patten & Patten
Tennessee
$435K -$7.57K -85 -2%
FFA
828
Fragasso Financial Advisors
Pennsylvania
$434K +$2.76K +31 +0.7%
Bank of Nova Scotia
829
Bank of Nova Scotia
Ontario, Canada
$433K -$11.6M -129,925 -96%
HWA
830
HCR Wealth Advisors
California
$433K -$3.22M -36,215 -88%
RIP
831
RAM Investment Partners
Washington
$429K
VA
832
Valmark Advisers
Ohio
$427K +$35K +393 +9%
WI
833
Wedgewood Investors
Pennsylvania
$420K -$15.8K -178 -4%
CWP
834
Core Wealth Partners
California
$413K -$111K -1,251 -22%
AWM
835
Avior Wealth Management
Nebraska
$410K -$7.39K -83 -2%
CB
836
Cadence Bank
Mississippi
$408K +$187K +2,104 +89%
KIM
837
Kestra Investment Management
Texas
$407K +$121K +1,357 +44%
WCG
838
Weaver Consulting Group
California
$397K
PB
839
Pinnacle Bancorp
Nebraska
$393K +$73K +820 +23%
SHFP
840
Second Half Financial Partners
Florida
$393K +$2.85K +32 +0.7%
UB
841
UMB Bank
Missouri
$393K
FEM
842
Fulcrum Equity Management
Texas
$388K -$173K -1,941 -31%
IWP
843
Innova Wealth Partners
Pennsylvania
$386K -$24K -270 -6%
RBFC
844
Roman Butler Fullerton & Co
Missouri
$382K +$47.2K +530 +14%
MFG
845
Magnus Financial Group
New York
$381K +$121K +1,363 +48%
CAM
846
Concorde Asset Management
Michigan
$380K -$335K -3,767 -47%
SF
847
Synovus Financial
Georgia
$379K -$538K -6,040 -59%
CCG
848
Coastwise Capital Group
California
$379K +$55.3K +621 +18%
CWM
849
Congress Wealth Management
Massachusetts
$376K +$368K +4,138 New
RIL
850
Rothschild Investment LLC
Illinois
$374K -$58.9K -662 -14%

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.