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iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

87 hedge funds and large institutions have $296M invested in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in 2025 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 48 increasing their positions, 17 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

182% more repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 17

100% more funds holding in top 10

Funds holding in top 10: 12 (+1)

27% more capital invested

Capital invested by funds: $234M → $296M (+$62.6M)

1.77% more ownership

Funds ownership: 23.76%25.53% (+1.8%)

8% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 13

2% less funds holding

Funds holding: 8987 (-2)

Holders
87
Holders Change
-2
Holders Change %
-2.25%
% of All Funds
1.17%
Holding in Top 10
2
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+100%
% of All Funds
0.03%
New
12
Increased
48
Reduced
17
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
TIA
1
Traphagen Investment Advisors
New Jersey
$57.8M +$16.3M +688,738 +40%
Franklin Resources
2
Franklin Resources
California
$37.5M +$3.19M +134,301 +9%
Bank of America
3
Bank of America
North Carolina
$24.3M +$10.2M +429,476 +74%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$21.2M +$2.82M +119,021 +16%
Wealth Enhancement Advisory Services
5
Wealth Enhancement Advisory Services
Minnesota
$18.9M +$4.27M +180,055 +30%
SA
6
Sanctuary Advisors
Indiana
$13M +$196K +8,282 +2%
LPL Financial
7
LPL Financial
California
$11.9M +$1.34M +56,527 +13%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$9.6M +$4.03M +169,914 +74%
CM
9
Columbus Macro
Pennsylvania
$8.84M +$3.81M +160,496 +78%
Cambridge Investment Research Advisors
10
Cambridge Investment Research Advisors
Iowa
$8.74M +$2.16M +91,204 +34%
MML Investors Services
11
MML Investors Services
Massachusetts
$8.37M -$5.35M -225,533 -39%
FH
12
FWG Holdings
Florida
$8.14M +$8.14M +342,968 New
WP
13
WealthShield Partners
North Carolina
$6.81M +$202K +8,522 +3%
AI
14
Atria Investments
North Carolina
$6.29M +$394K +16,618 +7%
KPWS
15
Kestra Private Wealth Services
Texas
$4.6M +$2.89M +122,030 +176%
Morgan Stanley
16
Morgan Stanley
New York
$4.28M +$3.54M +149,052 +515%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.68M +$863K +36,384 +31%
NWM
18
Napa Wealth Management
California
$2.99M +$1.58M +66,766 +117%
Osaic Holdings
19
Osaic Holdings
Arizona
$2.67M -$17.9K -754 -0.7%
AssetMark Inc
20
AssetMark Inc
California
$2.36M +$471K +19,860 +25%
Truist Financial
21
Truist Financial
North Carolina
$2.23M +$740K +31,177 +51%
PPA
22
Pacific Point Advisors
California
$2.08M +$543K +22,872 New
FIA
23
Foundations Investment Advisors
Arizona
$1.76M -$478K -20,143 -22%
NCM
24
NCM Capital Management
New Jersey
$1.49M -$715K -30,145 -33%
QC
25
Quadrature Capital
United Kingdom
$1.34M +$1.32M +55,780 New

TLTW Hedge Fund Activity: Q1 2025 in Review

87 of the 7,458 institutional investors tracked by Wall St. Rank reported a position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) for Q1 2025, worth a combined $296M — up 27% from $234M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TLTW and 12 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 48 added.

The largest buyer was Traphagen Investment Advisors, adding an estimated $16.3M. The largest seller was MML Investors Services, cutting an estimated $5.35M.

  • 87 institutional investors held iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (TLTW) as of Q1 2025, down from 89 in Q4 2024.
  • Funds reported $296M of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF stock for Q1 2025, up 27% quarter-over-quarter.
  • 12 funds opened new iShares 20+ Year Treasury Bond BuyWrite Strategy ETF positions in Q1 2025 and 13 closed out, a net change of -1 holder.
  • The largest iShares 20+ Year Treasury Bond BuyWrite Strategy ETF buyer in Q1 2025 was Traphagen Investment Advisors, an estimated $16.3M added.
  • The largest iShares 20+ Year Treasury Bond BuyWrite Strategy ETF seller in Q1 2025 was MML Investors Services, an estimated $5.35M sold.

Based on aggregated 13F filings for Q1 2025.