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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
CWM
926
Cornerstone Wealth Management
Missouri
$262K -$80.7K -907 -24%
AWM
927
Aprio Wealth Management
Georgia
$258K +$253K +2,839 New
CPC
928
Consolidated Planning Corp
Georgia
$257K -$91.5K -1,028 -27%
ACM
929
Avalon Capital Management
California
$257K +$251K +2,823 New
MMCM
930
Murphy & Mullick Capital Management
New York
$256K -$6.14K -69 -2%
LTL
931
Lowery Thomas LLC
California
$255K -$703K -7,896 -74%
PP
932
Pingora Partners
Wyoming
$255K +$116K +1,300 +87%
BCM
933
Bluefin Capital Management
New York
$255K +$249K +2,800 New
TA
934
TruWealth Advisors
Louisiana
$253K -$147K -1,650 -37%
CA
935
Cambridge Associates
Massachusetts
$250K
CCM
936
Cox Capital Management
Massachusetts
$249K +$23.7K +266 +11%
COCM
937
Charter Oak Capital Management
New Hampshire
$249K -$61.1K -686 -20%
SSWM
938
Strait & Sound Wealth Management
California
$249K +$244K +2,736 New
MWM
939
Modera Wealth Management
New Jersey
$248K -$508K -5,710 -68%
NAS
940
NWF Advisory Services
California
$248K -$2.34M -26,311 -91%
BFG
941
Beacon Financial Group
Texas
$246K -$2.73M -30,616 -92%
CC
942
Cadinha & Co
Hawaii
$245K -$54.7K -615 -19%
MWA
943
Medallion Wealth Advisors
Connecticut
$245K -$17.6K -198 -7%
EWA
944
EverSource Wealth Advisors
Alabama
$243K -$4.2M -47,131 -95%
SDH
945
Sloy Dahl & Holst
Washington
$243K +$238K +2,670 New
WCFA
946
Walkner Condon Financial Advisors
Wisconsin
$242K
FFA
947
Florida Financial Advisors
Florida
$241K -$330K -3,710 -58%
WFA
948
Wells Financial Advisors
Massachusetts
$240K -$78.3K -880 -25%
HFO
949
Heritage Family Offices
Arizona
$239K +$10.5K +118 +5%
HBW
950
Hazlett, Burt & Watson
West Virginia
$237K +$14.4K +162 +7%

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.