iShares 20+ Year Treasury Bond BuyWrite Strategy ETF
TLTW
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.
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: 1 → 2 (+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: 89 → 87 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIA
Traphagen Investment Advisors
Oradell,
New Jersey
|
+$16.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$10.2M |
| 3 |
FH
FWG Holdings
Winter Park,
Florida
|
+$8.14M |
| 4 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.27M |
| 5 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$5.35M |
| 2 |
TIM
Tortoise Investment Management
White Plains,
New York
|
-$4.64M |
| 3 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$2.15M |
| 4 |
Jane Street
New York
|
-$1.83M |
| 5 |
HF
HRT Financial
New York
|
-$1.03M |
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.