iShares 20+ Year Treasury Bond ETF
315 hedge funds and large institutions have $4.56B invested in iShares 20+ Year Treasury Bond ETF in 2016 Q4 according to their latest regulatory filings, with 77 funds opening new positions, 87 increasing their positions, 127 reducing their positions, and 89 closing their positions.
19.56% more ownership
Funds ownership: 66.36% → 85.92% (+20%)
6% less funds holding
Funds holding: 335 → 315 (-20)
13% less first-time investments, than exits
New positions opened: 77 | Existing positions closed: 89
22% less capital invested
Capital invested by funds: $5.82B → $4.56B (-$1.26B)
22% less funds holding in top 10
Funds holding in top 10: 46 → 36 (-10)
31% less call options, than puts
Call options by funds: $3.72B | Put options by funds: $5.42B
31% less repeat investments, than reductions
Existing positions increased: 87 | Existing positions reduced: 127
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PC
Passport Capital
San Francisco,
California
|
+$232M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$231M |
| 3 |
CI Investments Inc
Toronto,
Ontario, Canada
|
+$89.6M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$76.6M |
| 5 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$75.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$207M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$150M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$119M |
| 4 |
QIM
Quantitative Investment Management
Charlottesville,
Virginia
|
-$109M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$71.7M |
TLT Hedge Fund Activity: Q4 2016 in Review
315 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q4 2016, worth a combined $4.56B — down 22% from $5.82B a quarter earlier.
Sellers outnumbered buyers: 89 funds closed out of TLT and 77 opened new positions — a net loss of 12 holders — while 127 trimmed existing stakes and 87 added.
The largest buyer was Passport Capital, opening a new position worth an estimated $232M. The largest seller was JP Morgan Chase, cutting an estimated $207M.
- 315 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q4 2016, down from 335 in Q3 2016.
- Funds reported $4.56B of iShares 20+ Year Treasury Bond ETF stock for Q4 2016, down 22% quarter-over-quarter.
- 77 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q4 2016 and 89 closed out, a net change of -12 holders.
- The largest iShares 20+ Year Treasury Bond ETF buyer in Q4 2016 was Passport Capital, an estimated $232M added.
- The largest iShares 20+ Year Treasury Bond ETF seller in Q4 2016 was JP Morgan Chase, an estimated $207M sold.
Based on aggregated 13F filings for Q4 2016.