iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW
100 hedge funds and large institutions have $294M invested in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in 2025 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 47 increasing their positions, 23 reducing their positions, and 9 closing their positions.
111% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 9
104% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 23
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
14% more capital invested
Capital invested by funds: $257M → $294M (+$37.1M)
10% more funds holding
Funds holding: 91 → 100 (+9)
1.54% less ownership
Funds ownership: 22.59% → 21.04% (-1.5%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $2K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12M |
| 2 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$6.23M |
| 3 |
LPL Financial
San Diego,
California
|
+$5.18M |
| 4 |
Morgan Stanley
New York
|
+$4.75M |
| 5 |
PIWA
Prevail Innovative Wealth Advisors
Leawood,
Kansas
|
+$4.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Franklin Resources
San Mateo,
California
|
-$8.74M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.71M |
| 3 |
SA
Sanctuary Advisors
Indianapolis,
Indiana
|
-$5.7M |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
-$1.51M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
101
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$1.39M | -60,001 | Closed |
|
102
Renaissance Technologies
New York
| – | -$1.12M | -48,500 | Closed |
|
|
IFG
103
Independent Financial Group
San Diego,
California
| – | -$220K | -9,485 | Closed |
|
|
SIS
104
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$127K | -5,500 | Closed |
|
105
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$65.8K | -2,839 | Closed |
|
|
AAP
106
Arax Advisory Partners
Denver,
Colorado
| – | -$53.4K | -2,305 | Closed |
|
|
PSFG
107
Park Square Financial Group
Roswell,
Georgia
| – | -$8.76K | -378 | Closed |
|
|
PA
108
Parallel Advisors
San Francisco,
California
| – | -$6.44K | -278 | Closed |
|
|
PP
109
Pacifica Partners
Surrey,
Canada
| – | -$2.88K | -125 | Closed |
|
TLTW Hedge Fund Activity: Q3 2025 in Review
100 of the 7,620 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) for Q3 2025, worth a combined $294M — up 14% from $257M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TLTW positions and 9 closed out — a net gain of 10 holders — while 47 added to existing stakes and 23 trimmed.
The largest buyer was Bank of America, adding an estimated $12M. The largest seller was Franklin Resources, cutting an estimated $8.74M.
- 100 institutional investors held iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) as of Q3 2025, up from 91 in Q2 2025.
- Funds reported $294M of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF stock for Q3 2025, up 14% quarter-over-quarter.
- 19 funds opened new iShares 20+ Year Treasury Bond BuyWrite Strategy ETF positions in Q3 2025 and 9 closed out, a net change of +10 holders.
- The largest iShares 20+ Year Treasury Bond BuyWrite Strategy ETF buyer in Q3 2025 was Bank of America, an estimated $12M added.
- The largest iShares 20+ Year Treasury Bond BuyWrite Strategy ETF seller in Q3 2025 was Franklin Resources, an estimated $8.74M sold.
Based on aggregated 13F filings for Q3 2025.