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iShares 20+ Year Treasury Bond ETF

1,102 hedge funds and large institutions have $35.7B invested in iShares 20+ Year Treasury Bond ETF in 2025 Q2 according to their latest regulatory filings, with 126 funds opening new positions, 405 increasing their positions, 452 reducing their positions, and 191 closing their positions.

New
Increased
Maintained
Reduced
Closed

12% more call options, than puts

Call options by funds: $14.5B | Put options by funds: $12.9B

7% less funds holding

Funds holding: 1,1791,102 (-77)

7.34% less ownership

Funds ownership: 79.83%72.49% (-7.3%)

10% less repeat investments, than reductions

Existing positions increased: 405 | Existing positions reduced: 452

15% less capital invested

Capital invested by funds: $41.8B → $35.7B (-$6.08B)

24% less funds holding in top 10

Funds holding in top 10: 12998 (-31)

34% less first-time investments, than exits

New positions opened: 126 | Existing positions closed: 191

Holders
1,102
Holders Change
-77
Holders Change %
-6.53%
% of All Funds
14.51%
Holding in Top 10
98
Holding in Top 10 Change
-31
Holding in Top 10 Change %
-24.03%
% of All Funds
1.29%
New
126
Increased
405
Reduced
452
Closed
191
Calls
$14.5B
Puts
$12.9B
Net Calls
+$1.56B
Net Calls Change
-$2.54B
Name Holding Trade Value Shares
Change
Change in
Stake
FFA
1001
Founders Financial Alliance
North Carolina
$32.6K -$13.6K -156 -30%
SWP
1002
Strategic Wealth Partners
Ohio
$32.3K +$31.9K +366 New
OWP
1003
ORG Wealth Partners
Texas
$31.5K
HDIM
1004
Hanson & Doremus Investment Management
Vermont
$31K
CT
1005
Coastline Trust
Rhode Island
$30.9K
VWWMG
1006
Vermillion & White Wealth Management Group
Pennsylvania
$29.8K
SL
1007
Salomon & Ludwin
Virginia
$27.7K +$1.4K +16 +5%
EB
1008
Eastern Bank
Massachusetts
$27.5K -$11.2K -129 -29%
PWM
1009
Proathlete Wealth Management
Florida
$27.3K
DFA
1010
DHJJ Financial Advisors
Illinois
$26.9K +$3.49K +40 +15%
BC
1011
Barrett & Company
Rhode Island
$25.2K
CT
1012
Clearstead Trust
Maine
$25.2K +$24.9K +285 New
TFA
1013
Toth Financial Advisory
Virginia
$25.1K -$890K -10,203 -97%
CSPIA
1014
Cary Street Partners Investment Advisory
Virginia
$25.1K +$14K +161 +131%
NC
1015
NewSquare Capital
Pennsylvania
$23.5K +$23.2K +266 New
MSWM
1016
Mowery & Schoenfeld Wealth Management
Illinois
$23.4K
CAL
1017
Capital Analysts LLC
Pennsylvania
$23K -$44.3K -508 -66%
RI
1018
Ridgewood Investments
New Jersey
$22.2K
EWM
1019
Evolution Wealth Management
Florida
$21.4K +$21.1K +242 New
WAS
1020
Winch Advisory Services
Wisconsin
$21K +$262 +3 +1%
DJSG
1021
D.J. St. Germain
Massachusetts
$19.9K -$4.36K -50 -18%
IRC
1022
Investors Research Corp
Georgia
$19.1K
WBC
1023
West Branch Capital
Massachusetts
$18K +$262 +3 +1%
AP
1024
Advisors Preferred
Maryland
$17.6K -$10.9M -125,241 -100%
M
1025
MOTCO
Texas
$16.5K

TLT Hedge Fund Activity: Q2 2025 in Review

1,102 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q2 2025, worth a combined $35.7B — down 15% from $41.8B a quarter earlier.

Sellers outnumbered buyers: 191 funds closed out of TLT and 126 opened new positions — a net loss of 65 holders — while 452 trimmed existing stakes and 405 added.

The largest buyer was Bank of Montreal, adding an estimated $418M. The largest seller was Bank of America, cutting an estimated $2.76B.

  • 1,102 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q2 2025, down from 1,179 in Q1 2025.
  • Funds reported $35.7B of iShares 20+ Year Treasury Bond ETF stock for Q2 2025, down 15% quarter-over-quarter.
  • 126 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q2 2025 and 191 closed out, a net change of -65 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q2 2025 was Bank of Montreal, an estimated $418M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q2 2025 was Bank of America, an estimated $2.76B sold.

Based on aggregated 13F filings for Q2 2025.