iShares 20+ Year Treasury Bond ETF

TLT

Market cap $42.1B

TLT Hedge Fund Activity: Q1 2026 in Review

1,086 of the 8,130 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q1 2026, worth a combined $32.1B — down 16% from $38.2B a quarter earlier.

Sellers outnumbered buyers: 153 funds closed out of TLT and 117 opened new positions — a net loss of 36 holders — while 408 trimmed existing stakes and 431 added.

The largest buyer was Bank of Montreal, adding an estimated $428M. The largest seller was Bank of America, cutting an estimated $2.15B.

• 1,086 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q1 2026, down from 1,145 in Q4 2025.
• Funds reported $32.1B of iShares 20+ Year Treasury Bond ETF stock for Q1 2026, down 16% quarter-over-quarter.
• 117 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q1 2026 and 153 closed out, a net change of -36 holders.
• The largest iShares 20+ Year Treasury Bond ETF buyer in Q1 2026 was Bank of Montreal, an estimated $428M added.
• The largest iShares 20+ Year Treasury Bond ETF seller in Q1 2026 was Bank of America, an estimated $2.15B sold.

Based on aggregated 13F filings for Q1 2026.