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iShares 20+ Year Treasury Bond ETF

246 hedge funds and large institutions have $4.51B invested in iShares 20+ Year Treasury Bond ETF in 2015 Q2 according to their latest regulatory filings, with 46 funds opening new positions, 84 increasing their positions, 91 reducing their positions, and 63 closing their positions.

New
Increased
Maintained
Reduced
Closed

25.9% more ownership

Funds ownership: 83%108.9% (+26%)

4% more call options, than puts

Call options by funds: $2.71B | Put options by funds: $2.61B

8% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 91

8% less funds holding

Funds holding: 266246 (-20)

15% less capital invested

Capital invested by funds: $5.34B → $4.51B (-$825M)

27% less first-time investments, than exits

New positions opened: 46 | Existing positions closed: 63

42% less funds holding in top 10

Funds holding in top 10: 3319 (-14)

Holders
246
Holders Change
-20
Holders Change %
-7.52%
% of All Funds
6.63%
Holding in Top 10
19
Holding in Top 10 Change
-14
Holding in Top 10 Change %
-42.42%
% of All Funds
0.51%
New
46
Increased
84
Reduced
91
Closed
63
Calls
$2.71B
Puts
$2.61B
Net Calls
+$105M
Net Calls Change
+$288M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$737M +$533M +4,343,463 +225%
Morgan Stanley
2
Morgan Stanley
New York
$542M -$128M -1,046,536 -18%
WIM
3
Windhaven Investment Management
Massachusetts
$273M -$5.66M -46,092 -2%
Bank of America
4
Bank of America
North Carolina
$249M +$10.8M +88,313 +4%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$187M +$92.8M +756,331 +90%
CS
6
Credit Suisse
Switzerland
$174M +$62.9M +512,951 +53%
JP Morgan Chase
7
JP Morgan Chase
New York
$125M -$249M -2,027,587 -66%
UBS Group
8
UBS Group
Switzerland
$124M -$27M -220,301 -17%
Fidelity Investments
9
Fidelity Investments
Massachusetts
$121M +$24.7M +201,124 +24%
MLICM
10
Metropolitan Life Insurance Company (MetLife)
New York
$105M +$3.3M +26,854 +3%
Goldman Sachs
11
Goldman Sachs
New York
$85.5M -$120M -978,774 -57%
QI
12
QS Investors
New York
$78.6M -$22.3M -181,805 -21%
State Street
13
State Street
Massachusetts
$78M -$33.7M -274,403 -29%
Wells Fargo
14
Wells Fargo
California
$65.3M -$60.4M -492,206 -47%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$61.2M -$29.3M -239,140 -31%
PAG
16
Pinnacle Advisory Group
Maryland
$59.1M +$3.69M +30,111 +6%
MSU
17
Mizuho Securities USA
New York
$58.7M
LPL Financial
18
LPL Financial
California
$46.8M -$14.3M -116,603 -23%
AssetMark Inc
19
AssetMark Inc
California
$45.3M +$2.97M +24,231 +7%
Barclays
20
Barclays
United Kingdom
$44.4M +$33.7M +274,816 +262%
VOYA Investment Management
21
VOYA Investment Management
Georgia
$44.4M -$67.5M -550,101 -59%
Thrivent Financial for Lutherans
22
Thrivent Financial for Lutherans
Minnesota
$42.9M +$2.35M +19,180 +6%
SG Americas Securities
23
SG Americas Securities
New York
$38.1M +$33.8M +275,210 +558%
Jane Street
24
Jane Street
New York
$37.4M +$32.6M +265,712 +501%
USAA
25
United Services Automobile Association
Texas
$36.5M +$11.3M +91,837 +42%

TLT Hedge Fund Activity: Q2 2015 in Review

246 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond ETF (TLT) for Q2 2015, worth a combined $4.51B — down 15% from $5.34B a quarter earlier.

Sellers outnumbered buyers: 63 funds closed out of TLT and 46 opened new positions — a net loss of 17 holders — while 91 trimmed existing stakes and 84 added.

The largest buyer was Citigroup, adding an estimated $533M. The largest seller was JP Morgan Chase, cutting an estimated $249M.

  • 246 institutional investors held iShares 20+ Year Treasury Bond ETF (TLT) as of Q2 2015, down from 266 in Q1 2015.
  • Funds reported $4.51B of iShares 20+ Year Treasury Bond ETF stock for Q2 2015, down 15% quarter-over-quarter.
  • 46 funds opened new iShares 20+ Year Treasury Bond ETF positions in Q2 2015 and 63 closed out, a net change of -17 holders.
  • The largest iShares 20+ Year Treasury Bond ETF buyer in Q2 2015 was Citigroup, an estimated $533M added.
  • The largest iShares 20+ Year Treasury Bond ETF seller in Q2 2015 was JP Morgan Chase, an estimated $249M sold.

Based on aggregated 13F filings for Q2 2015.