iShares 20+ Year Treasury Bond ETF
165 hedge funds and large institutions have $4.63B invested in iShares 20+ Year Treasury Bond ETF in 2013 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 57 increasing their positions, 67 reducing their positions, and 44 closing their positions.
42.35% more ownership
Funds ownership: 110.88% → 153.24% (+42%)
2% less capital invested
Capital invested by funds: $4.73B → $4.63B (-$106M)
9% less funds holding
Funds holding: 181 → 165 (-16)
10% less funds holding in top 10
Funds holding in top 10: 21 → 19 (-2)
13% less call options, than puts
Call options by funds: $2.44B | Put options by funds: $2.81B
15% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 67
27% less first-time investments, than exits
New positions opened: 32 | Existing positions closed: 44
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$607M |
| 2 |
Barclays
London,
United Kingdom
|
+$236M |
| 3 |
MTIM
Marathon Trading Investment Management
Radnor,
Pennsylvania
|
+$73.6M |
| 4 |
Morgan Stanley
New York
|
+$22.8M |
| 5 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$20.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$416M |
| 2 |
TD Asset Management
Toronto,
Ontario, Canada
|
-$139M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$134M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$59.3M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$41.8M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
V
201
Veritable
Wilmington,
Delaware
| – | -$224K | -2,027 | Closed |
|
202
Toronto Dominion Bank
Toronto, Ontario,
Ontario, Canada
| – | -$221K | -2,000 | Closed |
|
203
Mariner
Overland Park,
Kansas
| – | -$221K | -1,998 | Closed |
|
|
VIA
204
Virtus Investment Advisers
Hartford,
Connecticut
| – | -$169K | -1,530 | Closed |
|
|
AA
205
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$24K | -213 | Closed |
|
206
M&T Bank
Buffalo,
New York
| – | -$22K | -198 | Closed |
|
|
OWP
207
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$17K | -153 | Closed |
|
|
CPA
208
Cowen Prime Advisors
New York
| – | -$13K | -117 | Closed |
|
|
RFA
209
Reilly Financial Advisors
La Mesa,
California
| – | -$11K | -102 | Closed |
|
|
EWM
210
Elite Wealth Management
Kirkland,
Washington
| – | -$3K | -28 | Closed |
|
|
PFO
211
Pathstone Family Office
Englewood,
New Jersey
| – | -$2K | -22 | Closed |
|
|
BFEC
212
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$1K | -8 | Closed |
|
TLT Hedge Fund Activity: Q3 2013 in Review
165 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q3 2013, worth a combined $4.63B — down 2.2% from $4.73B a quarter earlier.
Sellers outnumbered buyers: 44 funds closed out of TLT and 32 opened new positions — a net loss of 12 holders — while 67 trimmed existing stakes and 57 added.
The largest buyer was Susquehanna International Group, adding an estimated $607M. The largest seller was Credit Suisse, cutting an estimated $416M.
- 165 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q3 2013, down from 181 in Q2 2013.
- Funds reported $4.63B of iShares 20+ Year Treasury Bond ETF stock for Q3 2013, down 2.2% quarter-over-quarter.
- 32 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q3 2013 and 44 closed out, a net change of -12 holders.
- The largest iShares 20+ Year Treasury Bond ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $607M added.
- The largest iShares 20+ Year Treasury Bond ETF seller in Q3 2013 was Credit Suisse, an estimated $416M sold.
Based on aggregated 13F filings for Q3 2013.