TLT ISHARES TR
20 YR TR BD ETF
CUSIP: 464287432
FIGI: BBG000BJKYW3
Institutional Holders1,184
Total Institutional Value$61,474,464,557
Total Shares Held722,383,338
Avg Position$51,921,000
Top 5 Holders %48.5%
Alpha-Weighted Score59.7
New Positions+115
Exited Positions-136
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $9,505,451,956 (15.5%) | 109,057,503 | -57.5% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $7,096,724,523 (11.5%) | 81,421,805 | 3.9% |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $5,953,930,367 (9.7%) | 68,310,353 | 33.4% |
| CITADEL ADVISORS LLC | Moderate Conviction | Market Mover | $3,826,149,680 (6.2%) | 43,898,000 | 41.1% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $3,423,941,861 (5.6%) | 39,283,409 | 29.8% |
| RAFFERTY ASSET MANAGEMENT, LLC | High Conviction | Significant Flow | $2,649,751,683 (4.3%) | 30,401,006 | -18.8% |
| BARCLAYS PLC | High Conviction | Market Mover | $2,477,942,065 (4.0%) | 28,429,808 | -2.0% |
| CITIGROUP INC | Moderate Conviction | Market Mover | $2,449,636,048 (4.0%) | 28,105,049 | 4.2% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $2,173,973,857 (3.5%) | 24,942,334 | 11.2% |
| UBS Group AG | Moderate Conviction | Market Mover | $1,913,643,559 (3.1%) | 21,955,525 | -14.2% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $1,672,337,855 (2.7%) | 19,186,986 | 28.1% |
| BANK OF MONTREAL /CAN/ | High Conviction | Market Mover | $1,217,736,753 (2.0%) | 13,971,280 | -29.2% |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $784,229,373 (1.3%) | 8,997,581 | -12.5% |
| Jain Global LLC | High Conviction | Significant Flow | $635,326,672 (1.0%) | 7,289,200 | 121.4% |
| PEAK6 LLC | Moderate Conviction | Significant Flow | $544,473,616 (0.9%) | 6,246,829 | -28.3% |
| MOORE CAPITAL MANAGEMENT, LP | High Conviction | Moderate Flow | $514,244,000 (0.8%) | 5,900,000 | 270.3% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $453,965,810 (0.7%) | 5,208,420 | - |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $414,667,000 (0.7%) | 4,757,533 | -52.6% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $410,802,742 (0.7%) | 4,713,203 | -4.7% |
| MILLENNIUM MANAGEMENT, L.L.C. | Moderate Conviction | Market Mover | $367,384,281 (0.6%) | 4,215,056 | -37.9% |
| GREENHAVEN ROAD INVESTMENT MANAGEMENT, L.P. | Elite Conviction | Minimal Flow | $363,152,140 (0.6%) | 4,166,500 | - |
| NAN SHAN LIFE INSURANCE CO., LTD. | High Conviction | Low Flow | $348,437,789 (0.6%) | 3,997,680 | -2.5% |
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $341,499,206 (0.6%) | 3,918,073 | -42.6% |
| MACKENZIE FINANCIAL CORP | High Conviction | Significant Flow | $310,666,797 (0.5%) | 3,542,900 | -4.2% |
| BALYASNY ASSET MANAGEMENT LLC | Moderate Conviction | Market Mover | $310,254,736 (0.5%) | 3,559,600 | 15.9% |
| Pureheart Capital Pte Ltd. | High Conviction | Low Flow | $292,683,280 (0.5%) | 3,358,000 | NEW |
| HARVEST PORTFOLIOS GROUP INC. | High Conviction | Moderate Flow | $271,940,595 (0.4%) | 3,120,016 | -13.9% |
| LMR PARTNERS LLP | High Conviction | Significant Flow | $256,006,352 (0.4%) | 2,937,200 | 147.5% |
| ALLIANCEBERNSTEIN L.P. | High Conviction | Market Mover | $248,253,470 (0.4%) | 2,848,250 | 4.2% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $222,106,323 (0.4%) | 2,549,752 | -13.7% |
| MIRAE ASSET GLOBAL INVESTMENTS CO., LTD. | High Conviction | Significant Flow | $217,995,614 (0.4%) | 2,501,097 | -9.5% |
| GLENORCHY CAPITAL LTD | High Conviction | Low Flow | $214,788,388 (0.3%) | 2,464,300 | -3.6% |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $206,202,061 (0.3%) | 2,366,266 | -9.6% |
| TOROSO INVESTMENTS, LLC | High Conviction | Significant Flow | $199,931,648 (0.3%) | 2,293,846 | 1,401.4% |
| BNP PARIBAS FINANCIAL MARKETS | Moderate Conviction | Market Mover | $192,067,519 (0.3%) | 778,020 | -67.3% |
| BREVAN HOWARD CAPITAL MANAGEMENT LP | High Conviction | Significant Flow | $188,265,600 (0.3%) | 2,160,000 | 5.3% |
| VANTAGEPOINT INVESTMENT ADVISERS LLC | High Conviction | Low Flow | $179,075,100 (0.3%) | 2,054,556 | -2.8% |
| TORONTO DOMINION BANK | High Conviction | Significant Flow | $176,731,323 (0.3%) | 2,027,661 | 1,870.5% |
| SCHONFELD STRATEGIC ADVISORS LLC | High Conviction | Significant Flow | $153,881,764 (0.3%) | 1,765,509 | 718.7% |
| BRAMSHILL INVESTMENTS, LLC | Elite Conviction | Low Flow | $144,117,230 (0.2%) | 1,653,479 | - |
| BASSWOOD CAPITAL MANAGEMENT, L.L.C. | High Conviction | Low Flow | $131,799,343 (0.2%) | 1,512,154 | 38.7% |
| Jefferies Financial Group Inc. | Moderate Conviction | Significant Flow | $130,740,000 (0.2%) | 1,500,000 | 1,850.5% |
| GENWORTH FINANCIAL WEALTH MANAGEMENT, INC | High Conviction | Significant Flow | $124,681,288 (0.2%) | 1,430,487 | -14.3% |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $123,470,778 (0.2%) | 1,416,599 | -14.1% |
| VERITION FUND MANAGEMENT LLC | High Conviction | Significant Flow | $122,574,067 (0.2%) | 1,406,311 | 331.4% |
| PARALLAX VOLATILITY ADVISERS, LLC | Moderate Conviction | Significant Flow | $121,024,362 (0.2%) | 1,388,531 | 273.8% |
| ROCKEFELLER CAPITAL MANAGEMENT L.P. | High Conviction | Market Mover | $115,209,801 (0.2%) | 1,321,614 | -5.0% |
| TRUIST FINANCIAL CORP | High Conviction | Significant Flow | $114,405,179 (0.2%) | 1,312,588 | -4.1% |
| LONESTAR CAPITAL MANAGEMENT LLC | High Conviction | Minimal Flow | $113,308,000 (0.2%) | 13,000 | 111.3% |
| PINNBROOK CAPITAL MANAGEMENT LP | Moderate Conviction | Low Flow | $112,436,400 (0.2%) | 1,290,000 | NEW |
| ALPHADYNE ASSET MANAGEMENT, LLC | Moderate Conviction | Moderate Flow | $107,452,243 (0.2%) | 1,232,816 | -36.2% |
| SONA ASSET MANAGEMENT (US) LLC | Moderate Conviction | Low Flow | $104,592,000 (0.2%) | 1,200,000 | -62.1% |
| JUMP FINANCIAL, LLC | High Conviction | Significant Flow | $100,845,950 (0.2%) | 1,157,021 | 49,413.4% |
| STATE STREET CORP | High Conviction | Market Mover | $88,673,272 (0.1%) | 1,017,362 | NEW |
| QUADRATURE CAPITAL LTD | Moderate Conviction | Significant Flow | $87,540,628 (0.1%) | 1,004,367 | NEW |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | High Conviction | Market Mover | $87,167,136 (0.1%) | 1,000,122 | 38.5% |
| POINT72 ASSET MANAGEMENT, L.P. | Moderate Conviction | Market Mover | $84,719,520 (0.1%) | 972,000 | 1,795.9% |
| COMMONWEALTH EQUITY SERVICES, LLP | Moderate Conviction | Market Mover | $81,001,646 (0.1%) | 929,344 | 58,489.9% |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $80,808,402 (0.1%) | 930,797 | - |
| US BANCORP \DE\ | High Conviction | Significant Flow | $80,320,879 (0.1%) | 921,383 | - |
| WESTEND ADVISORS, LLC | Elite Conviction | Low Flow | $77,657,522 (0.1%) | 890,967 | -5.9% |
| Ally Financial Inc. | High Conviction | Low Flow | $76,090,680 (0.1%) | 873,000 | -2.5% |
| OSAIC HOLDINGS, INC. | Moderate Conviction | Market Mover | $74,333,658 (0.1%) | 852,561 | -65.3% |
| Marex Group plc | High Conviction | Significant Flow | $71,794,389 (0.1%) | 823,708 | 104.7% |
| GTS SECURITIES LLC | High Conviction | Moderate Flow | $70,384,402 (0.1%) | 807,531 | NEW |
| MARK ASSET MANAGEMENT LP | High Conviction | Low Flow | $68,856,400 (0.1%) | 790,000 | NEW |
| NATIONAL BANK OF CANADA /FI/ | Moderate Conviction | Market Mover | $68,718,905 (0.1%) | 788,441 | 300.1% |
| CENTIVA CAPITAL, LP | Moderate Conviction | Significant Flow | $68,115,540 (0.1%) | 781,500 | 144.4% |
| DISCIPLINA CAPITAL MANAGEMENT LLC | Elite Conviction | Minimal Flow | $65,358,349 (0.1%) | 749,866 | -2.1% |
| TWO SIGMA INVESTMENTS, LP | Moderate Conviction | Significant Flow | $62,046,676 (0.1%) | 711,871 | 1,744.2% |
| TD PRIVATE CLIENT WEALTH LLC | High Conviction | Moderate Flow | $61,054,158 (0.1%) | 700,484 | 7.9% |
| WALLEYE TRADING ADVISORS, LLC | Moderate Conviction | Significant Flow | $59,768,227 (0.1%) | 685,730 | -82.4% |
| WALLEYE TRADING LLC | Moderate Conviction | Significant Flow | $55,430,012 (0.1%) | 635,957 | 44.4% |
| Massar Capital Management, LP | Moderate Conviction | Low Flow | $54,649,320 (0.1%) | 627,000 | NEW |
| HIGHTOWER ADVISORS, LLC | High Conviction | Significant Flow | $54,646,927 (0.1%) | 626,973 | -19.0% |
| GLENVIEW CAPITAL MANAGEMENT, LLC | Elite Conviction | Low Flow | $54,475,000 (0.1%) | 625,000 | NEW |
| CADENCE WEALTH MANAGEMENT LLC | High Conviction | Minimal Flow | $50,114,734 (0.1%) | 574,974 | 12.6% |
| AXXCESS WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $49,057,326 (0.1%) | 562,843 | 365.2% |
| VICTORY CAPITAL MANAGEMENT INC | High Conviction | Market Mover | $48,566,162 (0.1%) | 557,207 | -42.5% |
| CONCURRENT INVESTMENT ADVISORS, LLC | High Conviction | Significant Flow | $46,728,480 (0.1%) | 536,123 | 4.0% |
| FAITHSHARES ADVISORS LLC | Moderate Conviction | Significant Flow | $46,316,824 (0.1%) | 531,400 | - |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | High Conviction | Significant Flow | $46,186,084 (0.1%) | 529,900 | -27.0% |
| AlTi Global, Inc. | High Conviction | Low Flow | $45,382,905 (0.1%) | 520,685 | -6.5% |
| TOWNSEND & ASSOCIATES, INC | High Conviction | Low Flow | $44,965,995 (0.1%) | 509,184 | - |
| ALKEON CAPITAL MANAGEMENT LLC | High Conviction | Significant Flow | $44,538,760 (0.1%) | 511,000 | NEW |
| MEEDER R & ASSOCIATES INC | High Conviction | Moderate Flow | $44,319,466 (0.1%) | 508,484 | -2.5% |
| ROCK CREEK GROUP, LP | Elite Conviction | Minimal Flow | $44,223,818 (0.1%) | 507,314 | 8.2% |
| DYMON ASIA CAPITAL (SINGAPORE) PTE. LTD. | Moderate Conviction | Low Flow | $43,737,300 (0.1%) | 254,852 | 69.4% |
| MARSHALL WACE, LLP | Moderate Conviction | Market Mover | $43,690,606 (0.1%) | 501,269 | -67.4% |
| IHT WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $43,177,313 (0.1%) | 495,380 | -3.8% |
| ENVESTNET PORTFOLIO SOLUTIONS, INC. | High Conviction | Moderate Flow | $43,057,625 (0.1%) | 494,007 | 2.7% |
| NISHKAMA CAPITAL, LLC | High Conviction | Low Flow | $42,708,400 (0.1%) | 490,000 | -87.9% |
| GRAHAM CAPITAL MANAGEMENT, L.P. | High Conviction | Moderate Flow | $42,534,080 (0.1%) | 488,000 | 244.9% |
| IFP ADVISORS, INC | High Conviction | Moderate Flow | $41,896,243 (0.1%) | 480,682 | 272.7% |
| WS MANAGEMENT LLP | High Conviction | Low Flow | $41,270,260 (0.1%) | 473,500 | 16.2% |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Moderate Conviction | Significant Flow | $39,398,201 (0.1%) | 779,992 | -98.9% |
| NEW HARBOR FINANCIAL GROUP, LLC | Elite Conviction | Minimal Flow | $37,861,922 (0.1%) | 434,396 | 2.3% |
| LOMBARD ODIER ASSET MANAGEMENT (USA) CORP | Moderate Conviction | Low Flow | $36,345,720 (0.1%) | 417,000 | -9.0% |
| KESTRA ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $36,004,590 (0.1%) | 413,086 | - |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $35,753,603 (0.1%) | 410,206 | -12.3% |
Implied Institutional Price History
Estimated from 13F aggregate market value ÷ shares reported across all institutional filers. Reflects quarter-end snapshot, not actual trade prices.
| Quarter | Filers | Institutional Value | Shares Held | Est. Avg Price |
|---|---|---|---|---|
| Q4 25 | 1,154 | $61.62B | 723,335,539 | $85.19 |
| Q3 25 | 1,128 | $77.36B | 880,579,592 | $87.85 |
| Q2 25 | 1,128 | $60.67B | 724,203,329 | $83.77 |
| Q1 25 | 1,197 | $76.69B | 891,781,882 | $85.99 |
| Q4 24 | 1,238 | $69.12B | 776,105,850 | $89.05 |
| Q3 24 | 1,209 | $80.62B | 880,325,129 | $91.58 |
| Q2 24 | 1,127 | $64.17B | 734,430,371 | $87.38 |
| Q1 24 | 1,153 | $60.17B | 673,058,966 | $89.39 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.