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iShares 20+ Year Treasury Bond ETF

266 hedge funds and large institutions have $5.34B invested in iShares 20+ Year Treasury Bond ETF in 2015 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 103 increasing their positions, 87 reducing their positions, and 38 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 38

18% more repeat investments, than reductions

Existing positions increased: 103 | Existing positions reduced: 87

8% more funds holding

Funds holding: 246266 (+20)

7% less call options, than puts

Call options by funds: $2.33B | Put options by funds: $2.51B

3% less funds holding in top 10

Funds holding in top 10: 3433 (-1)

18.4% less ownership

Funds ownership: 101.4%83% (-18%)

25% less capital invested

Capital invested by funds: $7.08B → $5.34B (-$1.74B)

Holders
266
Holders Change
+20
Holders Change %
+8.13%
% of All Funds
7.09%
Holding in Top 10
33
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-2.94%
% of All Funds
0.88%
New
62
Increased
103
Reduced
87
Closed
38
Calls
$2.33B
Puts
$2.51B
Net Calls
-$182M
Net Calls Change
+$587M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$740M -$186M -1,421,401 -20%
JP Morgan Chase
2
JP Morgan Chase
New York
$404M +$16.8M +128,626 +4%
WIM
3
Windhaven Investment Management
Massachusetts
$310M +$309M +2,370,912 New
Bank of America
4
Bank of America
North Carolina
$266M -$331M -2,539,521 -56%
Citigroup
5
Citigroup
New York
$252M -$196M -1,500,283 -44%
Goldman Sachs
6
Goldman Sachs
New York
$223M -$68.8M -527,232 -24%
UBS Group
7
UBS Group
Switzerland
$167M +$26.4M +202,448 +19%
Wells Fargo
8
Wells Fargo
California
$137M +$35.6M +273,001 +35%
CS
9
Credit Suisse
Switzerland
$126M +$35.2M +269,820 +39%
State Street
10
State Street
Massachusetts
$123M +$37.4M +286,602 +44%
VOYA Investment Management
11
VOYA Investment Management
Georgia
$121M +$85.8M +657,711 +243%
MLICM
12
Metropolitan Life Insurance Company (MetLife)
New York
$113M
QI
13
QS Investors
New York
$111M +$11.7M +89,516 +12%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$109M -$456M -3,493,245 -81%
Fidelity Investments
15
Fidelity Investments
Massachusetts
$108M -$6.14M -47,010 -5%
AAM
16
American Asset Management
Florida
$103M -$7.61M -58,273 -7%
CC
17
Curian Capital
Colorado
$101M -$17M -130,310 -14%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$99.3M +$41.6M +318,684 +72%
B
19
Bailard
California
$68.1M -$1.99M -15,237 -3%
LPL Financial
20
LPL Financial
California
$67.8M -$11.9M -91,418 -15%
MSU
21
Mizuho Securities USA
New York
$65.3M +$39.2M +300,000 +150%
PAG
22
Pinnacle Advisory Group
Maryland
$61.8M +$22.2M +170,366 +56%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$57M -$3.18M -24,337 -5%
BIT
24
BlackRock Institutional Trust
California
$48.8M +$6.27M +48,076 +15%
AssetMark Inc
25
AssetMark Inc
California
$47.2M +$1.2M +9,229 +3%

TLT Hedge Fund Activity: Q1 2015 in Review

266 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q1 2015, worth a combined $5.34B — down 25% from $7.08B a quarter earlier.

Buyers outnumbered sellers: 62 funds opened new TLT positions and 38 closed out — a net gain of 24 holders — while 103 added to existing stakes and 87 trimmed.

The largest buyer was Windhaven Investment Management, opening a new position worth an estimated $309M. The largest seller was Susquehanna International Group, cutting an estimated $456M.

  • 266 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q1 2015, up from 246 in Q4 2014.
  • Funds reported $5.34B of iShares 20+ Year Treasury Bond ETF stock for Q1 2015, down 25% quarter-over-quarter.
  • 62 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q1 2015 and 38 closed out, a net change of +24 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q1 2015 was Windhaven Investment Management, an estimated $309M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q1 2015 was Susquehanna International Group, an estimated $456M sold.

Based on aggregated 13F filings for Q1 2015.