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iShares 20+ Year Treasury Bond ETF

161 hedge funds and large institutions have $4.68B invested in iShares 20+ Year Treasury Bond ETF in 2013 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 43 increasing their positions, 68 reducing their positions, and 43 closing their positions.

New
Increased
Maintained
Reduced
Closed

62.5% more ownership

Funds ownership: 153.24%215.73% (+62%)

1% more capital invested

Capital invested by funds: $4.63B → $4.68B (+$59.3M)

5% less call options, than puts

Call options by funds: $2B | Put options by funds: $2.12B

7% less first-time investments, than exits

New positions opened: 40 | Existing positions closed: 43

2% less funds holding

Funds holding: 165161 (-4)

26% less funds holding in top 10

Funds holding in top 10: 1914 (-5)

37% less repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 68

Holders
161
Holders Change
-4
Holders Change %
-2.42%
% of All Funds
4.67%
Holding in Top 10
14
Holding in Top 10 Change
-5
Holding in Top 10 Change %
-26.32%
% of All Funds
0.41%
New
40
Increased
43
Reduced
68
Closed
43
Calls
$2B
Puts
$2.12B
Net Calls
-$114M
Net Calls Change
+$261M
Name Holding Trade Value Shares
Change
Change in
Stake
Susquehanna International Group
1
Susquehanna International Group
Pennsylvania
$894M +$256M +2,446,022 +39%
Deutsche Bank
2
Deutsche Bank
Germany
$710M +$327M +3,120,850 +81%
Morgan Stanley
3
Morgan Stanley
New York
$426M -$31.9M -304,635 -7%
Goldman Sachs
4
Goldman Sachs
New York
$425M +$107M +1,023,021 +32%
CS
5
Credit Suisse
Switzerland
$372M +$56.7M +541,729 +17%
MSU
6
Mizuho Securities USA
New York
$316M +$83.8M +800,000 +35%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$132M +$97.7M +932,808 +254%
Wells Fargo
8
Wells Fargo
California
$112M +$62.2M +594,392 +118%
Lazard Asset Management
9
Lazard Asset Management
New York
$96.1M
Bank of America
10
Bank of America
North Carolina
$93.3M -$78.6M -750,944 -45%
Nomura Holdings
11
Nomura Holdings
Japan
$86.9M +$78.6M +751,068 +739%
Barclays
12
Barclays
United Kingdom
$81.2M -$418M -3,993,547 -83%
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$73.9M -$8.83M -84,343 -10%
MLICM
14
Metropolitan Life Insurance Company (MetLife)
New York
$64.3M
SG Americas Securities
15
SG Americas Securities
New York
$54.3M +$33.9M +323,794 +155%
QLMGAA
16
QS Legg Mason Global Asset Allocation
New York
$48.4M +$12.9M +123,334 +35%
VF
17
Virtu Financial
New York
$45.7M +$46.9M +448,242 New
U
18
UBS
Switzerland
$42.5M -$25.5M -243,715 -37%
AssetMark Inc
19
AssetMark Inc
California
$38M +$1.36M +12,947 +4%
FAM
20
Forty4 Asset Management
Illinois
$29.6M +$30M +286,200 +7,338%
Thrivent Financial for Lutherans
21
Thrivent Financial for Lutherans
Minnesota
$29M +$2.58M +24,659 +9%
BIT
22
BlackRock Institutional Trust
California
$28.5M +$11.8M +112,278 +67%
JIR
23
James Investment Research
Ohio
$23.3M
Jane Street
24
Jane Street
New York
$23.2M +$20M +191,023 +518%
IWC
25
Integrated Wealth Counsel
California
$22.8M +$6.27M +59,880 +37%

TLT Hedge Fund Activity: Q4 2013 in Review

161 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q4 2013, worth a combined $4.68B — up 1.3% from $4.63B a quarter earlier.

Sellers outnumbered buyers: 43 funds closed out of TLT and 40 opened new positions — a net loss of 3 holders — while 68 trimmed existing stakes and 43 added.

The largest buyer was Deutsche Bank, adding an estimated $327M. The largest seller was Barclays, cutting an estimated $418M.

  • 161 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q4 2013, down from 165 in Q3 2013.
  • Funds reported $4.68B of iShares 20+ Year Treasury Bond ETF stock for Q4 2013, up 1.3% quarter-over-quarter.
  • 40 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q4 2013 and 43 closed out, a net change of -3 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q4 2013 was Deutsche Bank, an estimated $327M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q4 2013 was Barclays, an estimated $418M sold.

Based on aggregated 13F filings for Q4 2013.