iShares 20+ Year Treasury BDTLTETF
13F holders, Q4 2025 (December 31)At the end of Q4 2025, 1,154 institutions reported holding iShares 20+ Year Treasury BD (TLT) in their 13F filings, up 55 from Q3 2025. 108 opened new positions and 123 sold out. The largest holders were Bank of America Corp. ($9.5B), Northwestern Mutual Wealth Management Co. ($3.8B) and Rafferty Asset Management, LLC ($2.6B). 5 famous investors held it, including Israel Englander (0.1% of Millennium Management's portfolio), Paul Tudor Jones (0.1% of Tudor Investment Corporation's portfolio) and Joel Greenblatt (0.0% of Gotham Asset Management's portfolio).
- Company
- iShares 20+ Year Treasury BD
- CUSIP
- 464287432
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 108 | $804.3M |
| Exits | 123 | $271.0M |
All 13F filers, Q3 2025 → Q4 2025: 47,948,262 shares bought and 40,051,320 shares sold, net +7,896,942 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,154 holders
| Bank of America Corp. | 0.69% | Add +10.5% | 109,057,503 | $9.5B |
| Northwestern Mutual Wealth Management Co. | 2.38% | Add +3.4% | 43,140,136 | $3.8B |
| Rafferty Asset Management, LLC | 9.15% | Reduce -16.8% | 30,401,006 | $2.6B |
| BlackRock, Inc. | 0.04% | Add +14.1% | 24,942,334 | $2.2B |
| Citigroup Inc. | 1.47% | Add +5.5% | 24,691,449 | $2.2B |
| Morgan Stanley | 0.10% | Add +31.3% | 19,186,986 | $1.7B |
| UBS Group AG | 0.28% | Add +6.4% | 16,064,679 | $1.4B |
| Bank of Montreal | 0.39% | Reduce -40.4% | 10,801,080 | $941.4M |
| Jane Street Group, LLC | 1.12% | Reduce -7.6% | 10,766,253 | $938.4M |
| JPMorgan Chase & Co. | 0.05% | Add +79.5% | 8,997,581 | $784.2M |
| Barclays PLC | 0.29% | Add +29.8% | 8,226,708 | $717.0M |
| LPL Financial LLC | 0.11% | Reduce -2.2% | 4,709,103 | $410.4M |
| Wells Fargo & Company | 0.08% | Reduce -2.9% | 4,455,020 | $388.3M |
| Susquehanna International Group, LLP | 0.53% | Reduce -52.1% | 4,388,405 | $382.5M |
| Nan Shan Life Insurance Co., Ltd. | 10.72% | No change | 3,997,680 | $348.4M |
| Envestnet Asset Management Inc. | 0.10% | Reduce -41.1% | 3,918,073 | $341.5M |
| Mackenzie Financial Corp. | 0.37% | Reduce -2.3% | 3,542,900 | $310.7M |
| Pureheart Capital Pte Ltd. | 69.13% | New | 3,358,000 | $292.7M |
| Harvest Portfolios Group Inc. | 4.73% | Reduce -11.8% | 3,120,016 | $271.9M |
| Alliancebernstein L.P. | 0.08% | Add +6.8% | 2,848,250 | $248.3M |
| Hantz Financial Services, Inc. | 3.65% | Add +5.9% | 2,846,143 | $248.1M |
| Ameriprise Financial Inc. | 0.05% | Reduce -11.4% | 2,549,752 | $222.1M |
| Mirae Asset Global Investments Co., Ltd. | 0.60% | Reduce -7.2% | 2,501,097 | $218.0M |
| Raymond James Financial Inc. | 0.06% | Reduce -7.3% | 2,353,066 | $205.1M |
| Royal Bank of Canada | 0.03% | Reduce -18.4% | 2,193,833 | $191.2M |
| Vantagepoint Investment Advisers LLC | 1.44% | Reduce -0.3% | 2,054,556 | $179.1M |
| Toronto Dominion Bank | 0.27% | Add +3399.0% | 1,762,061 | $153.6M |
| Bramshill Investments, LLC | 8.15% | Add +2.9% | 1,653,479 | $144.1M |
| Janney Montgomery Scott LLC | 0.29% | Add +0.2% | 1,470,307 | $128.2M |
| Assetmark, Inc. | 0.25% | Reduce -12.1% | 1,430,487 | $124.7M |
| Stifel Financial Corp. | 0.11% | Reduce -11.9% | 1,416,599 | $123.5M |
| HSBC Holdings PLC | 0.07% | Add +7.2% | 1,395,452 | $121.8M |
| Goldman Sachs Group Inc. | 0.02% | Reduce -43.6% | 1,356,034 | $118.2M |
| Rockefeller Capital Management L.P. | 0.21% | Reduce -2.6% | 1,321,782 | $115.2M |
| Truist Financial Corp. | 0.15% | Reduce -1.7% | 1,312,588 | $114.4M |
| Hamilton Capital Partners Inc. | 4.20% | Add +4.1% | 1,311,371 | $114.3M |
| Jump Financial, LLC | 1.37% | Add +50668.8% | 1,157,021 | $100.8M |
| AIA Group Ltd | 1.39% | Reduce -13.6% | 1,065,336 | $92.9M |
| State Street Corp. | 0.00% | New | 1,017,362 | $88.7M |
| Millennium Management | 0.07% | Add +10.8% | 1,015,956 | $88.6M |
| Quadrature Capital Ltd | 0.89% | New | 1,004,367 | $87.5M |
| Manufacturers Life Insurance Company, The | 0.07% | Add +42.0% | 1,000,122 | $87.2M |
| Cambridge Investment Research Advisors, Inc. | 0.23% | Add +28.8% | 983,535 | $85.7M |
| Commonwealth Equity Services, LLC | 0.11% | Reduce -39.9% | 929,344 | $81.0M |
| Cetera Investment Advisers | 0.09% | Add +4.4% | 926,997 | $80.8M |
| US Bancorp \de | 0.09% | Add +1.4% | 921,383 | $80.3M |
| WestEnd Advisors, LLC | 1.81% | Reduce -3.5% | 890,967 | $77.7M |
| Ally Financial Inc. | 9.29% | No change | 873,000 | $76.1M |
| Osaic Holdings, Inc. | 0.11% | Reduce -27.6% | 852,561 | $74.3M |
| GTS Securities LLC | 2.40% | New | 807,531 | $70.4M |
| National Bank of Canada | 0.07% | Add +310.3% | 788,441 | $68.7M |
| BNP Paribas Financial Markets | 0.04% | Reduce -1.2% | 763,620 | $66.6M |
| Tidal Investments LLC | 0.28% | Add +1105.5% | 753,846 | $65.7M |
| Disciplina Capital Management LLC | 7.48% | Add +0.4% | 749,866 | $65.4M |
| TD Private Client Wealth LLC | 1.30% | Add +10.6% | 700,484 | $61.1M |
| Marex Group Ltd | 0.62% | Add +89.0% | 656,708 | $57.2M |
| HighTower Advisors, LLC | 0.06% | Reduce -16.9% | 626,973 | $54.6M |
| Cadence Wealth Management LLC | 24.19% | Add +15.4% | 574,974 | $50.1M |
| Victory Capital Management Inc. | 0.03% | Reduce -41.0% | 557,207 | $48.6M |
| Concurrent Investment Advisors, LLC | 0.53% | Add +6.6% | 536,123 | $46.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.07% | Reduce -25.1% | 529,900 | $46.2M |
| AlTi Global, Inc. | 0.97% | Reduce -4.1% | 520,685 | $45.4M |
| Townsend & Associates, Inc | 4.01% | Add +1.4% | 509,184 | $45.0M |
| Alkeon Capital Management LLC | 0.19% | New | 511,000 | $44.5M |
| Meeder Asset Management Inc. | 2.39% | No change | 508,484 | $44.3M |
| Rock Creek Group LLC | 4.96% | Add +11.0% | 507,314 | $44.2M |
| IHT Wealth Management, LLC | 1.05% | Reduce -1.3% | 495,380 | $43.2M |
| Envestnet Portfolio Solutions, Inc. | 0.15% | Add +5.3% | 494,007 | $43.1M |
| IFP Advisors, Inc | 0.94% | Add +282.2% | 480,682 | $41.9M |
| WS Management LLLP | 5.52% | Add +19.1% | 473,500 | $41.3M |
| New Harbor Financial Group, LLC | 6.94% | Add +4.8% | 434,396 | $37.9M |
| Bell Investment Advisors, Inc | 5.93% | Add +3.7% | 430,551 | $37.5M |
| Kestra Advisory Services, LLC | 0.15% | Add +1.3% | 413,086 | $36.0M |
| Bank of New York Mellon Corp | 0.01% | Add +47.5% | 410,206 | $35.8M |
| Krilogy Financial LLC | 1.14% | Add +6.8% | 378,551 | $33.4M |
| Summit Financial, LLC | 0.48% | Reduce -18.2% | 371,503 | $32.4M |
| OneDigital Investment Advisors LLC | 0.30% | Add +7.8% | 352,643 | $30.7M |
| Horizon Investments, LLC | 0.37% | Add +336.4% | 337,037 | $29.4M |
| MML Investors Services, LLC | 0.07% | Reduce -12.7% | 335,645 | $29.3M |
| Optiver Holding B.V. | 0.52% | Reduce -23.5% | 333,760 | $29.1M |
| U.S. Capital Wealth Advisors, LLC | 0.76% | Reduce -0.7% | 331,569 | $28.9M |
| PNC Financial Services Group, Inc. | 0.02% | Reduce -5.2% | 327,946 | $28.6M |
| Insight Wealth Strategies, LLC | 3.21% | Add +2.2% | 320,946 | $28.0M |
| Nationwide Fund Advisors | 1.19% | Reduce -68.0% | 318,384 | $27.8M |
| Banco Bilbao Vizcaya Argentaria, S.A. | 0.19% | Add +7.8% | 311,806 | $27.2M |
| Third View Private Wealth, LLC | 3.64% | — | 310,412 | $27.1M |
| SBI Securities Co., Ltd. | 0.69% | Reduce -0.4% | 309,137 | $26.9M |
| Sumitomo Mitsui Financial Group, Inc. | 0.46% | Reduce -7.5% | 300,063 | $26.2M |
| Trilogy Capital Inc. | 1.16% | Add +28.1% | 298,479 | $26.0M |
| Himension Capital (singapore) Pte. LTD. | 1.59% | No change | 295,030 | $25.7M |
| Capitolis Liquid Global Markets LLC | 0.15% | No change | 292,890 | $25.5M |
| Old National Bancorp | 0.42% | Reduce -3.3% | 292,158 | $25.5M |
| Affinity Wealth Management LLC | 3.59% | Add +2.6% | 289,870 | $25.3M |
| Farther Finance Advisors, LLC | 0.27% | Add +19.2% | 289,040 | $25.2M |
| Kestra Private Wealth Services, LLC | 0.31% | Add +15.2% | 288,894 | $25.2M |
| Journey Strategic Wealth LLC | 0.64% | Reduce -0.5% | 278,692 | $24.3M |
| Jones Financial Companies LLLP | 0.01% | Add +8.9% | 274,433 | $23.9M |
| Vestmark Advisory Solutions, Inc. | 0.32% | Add +58.9% | 271,938 | $23.7M |
| Verition Fund Management LLC | 0.13% | Add +321.6% | 271,711 | $23.7M |
| Willis Johnson & Associates, Inc. | 1.44% | Add +13.5% | 267,934 | $23.4M |
"% of holder's portfolio" is TLT's weight in each manager's 13F, not the share of iShares 20+ Year Treasury BD the manager owns.