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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
SFA
951
Sequoia Financial Advisors
Ohio
$237K +$232K +2,603 New
CNTOF
952
Canandaigua National Trust of Florida
New York
$237K -$185K -2,076 -44%
WT
953
Whittier Trust
California
$237K
PM
954
Penbrook Management
New York
$236K
MFGM
955
Marshall Financial Group (Maryland)
Maryland
$236K -$196K -2,199 -46%
CWL
956
Causey Wealth LLC
Colorado
$235K -$57.4K -645 -20%
BFA
957
Beacon Financial Advisory
Ohio
$233K -$96.1K -1,080 -30%
RFN
958
RDA Financial Network
Iowa
$232K -$487K -5,467 -68%
IAG
959
Ipsen Advisor Group
Arkansas
$231K -$12.5K -140 -5%
RW
960
Ridgeline Wealth
Arizona
$230K -$26.7K -300 -11%
LSIA
961
LaSalle St. Investment Advisors
Illinois
$230K -$425K -4,779 -65%
TIA
962
Tiemann Investment Advisors
California
$230K
BCMLT
963
Beacon Capital Management LLC (Tennessee)
Tennessee
$228K -$416K -4,669 -65%
HCA
964
Harbour Capital Advisors
Virginia
$228K +$221K +2,481 New
DP
965
Dearborn Partners
Illinois
$228K
LIP
966
Lighthouse Investment Partners
Florida
$227K +$222K +2,499 New
SCM
967
Shelton Capital Management
Colorado
$224K
RW
968
Rede Wealth
Virginia
$223K -$1.42K -16 -0.6%
CMTU
969
Capital Markets Trading (UK)
United Kingdom
$222K +$217K +2,443 New
SFC
970
Strategic Financial Concepts
Texas
$219K +$214K +2,402 New
SGI
971
Swan Global Investments
Colorado
$218K -$766K -8,605 -78%
AWM
972
Alterna Wealth Management
Texas
$218K -$359K -4,029 -63%
FWA
973
FSC Wealth Advisors
New York
$217K +$62.9K +707 +42%
CCM
974
Crew Capital Management
Ohio
$217K -$32K -360 -13%
LW
975
Lauer Wealth
Indiana
$216K +$213K +2,398 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.