TLH ISHARES TR
10-20 YR TRS ETF
CUSIP: 464288653
FIGI: BBG000QN16D1
Institutional Holders647
Total Institutional Value$11,565,077,639
Total Shares Held120,935,072
Avg Position$17,874,927
Top 5 Holders %46.5%
Alpha-Weighted Score66.8
New Positions+84
Exited Positions-51
Top 15 Institutional Holders by Value
■ New ■ Increased ■ Decreased ■ Unchanged
Institutional Holders — Q4 25
| Manager | Alpha | Flow | Value | Shares | Change |
|---|---|---|---|---|---|
| ENVESTNET ASSET MANAGEMENT INC | High Conviction | Significant Flow | $2,397,567,204 (20.7%) | 23,581,855 | -6.3% |
| LPL FINANCIAL LLC | High Conviction | Market Mover | $939,938,825 (8.1%) | 9,244,997 | -2.6% |
| FORUM FINANCIAL MANAGEMENT, LP | High Conviction | Moderate Flow | $864,218,824 (7.5%) | 8,500,234 | 4.7% |
| BANK OF AMERICA CORP /DE/ | Moderate Conviction | Market Mover | $765,954,772 (6.6%) | 7,533,734 | -53.2% |
| MORGAN STANLEY | Moderate Conviction | Market Mover | $408,552,988 (3.5%) | 4,018,422 | - |
| JPMORGAN CHASE & CO | High Conviction | Market Mover | $403,045,545 (3.5%) | 3,964,251 | -44.3% |
| BLACKROCK FUNDING, INC. /DE | High Conviction | Market Mover | $386,892,579 (3.3%) | 3,805,376 | -6.0% |
| AMERIPRISE FINANCIAL INC | Moderate Conviction | Market Mover | $325,660,572 (2.8%) | 3,203,848 | 9.2% |
| CETERA INVESTMENT ADVISERS | High Conviction | Significant Flow | $252,123,864 (2.2%) | 2,479,826 | 3.3% |
| ENVESTNET PORTFOLIO SOLUTIONS, INC. | High Conviction | Moderate Flow | $231,206,922 (2.0%) | 2,274,092 | - |
| GENWORTH FINANCIAL WEALTH MANAGEMENT, INC | High Conviction | Significant Flow | $217,872,226 (1.9%) | 2,142,935 | 4.6% |
| MML INVESTORS SERVICES, LLC | High Conviction | Significant Flow | $188,135,461 (1.6%) | 1,850,452 | 10.4% |
| WELLS FARGO & COMPANY/MN | Moderate Conviction | Market Mover | $172,179,168 (1.5%) | 1,693,511 | -32.1% |
| STIFEL FINANCIAL CORP | High Conviction | Market Mover | $161,799,562 (1.4%) | 1,591,423 | -20.9% |
| RIVERFRONT INVESTMENT GROUP, LLC | High Conviction | Moderate Flow | $132,669,325 (1.1%) | 1,304,901 | - |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | Moderate Conviction | Significant Flow | $128,903,755 (1.1%) | 2,791,010 | 89.3% |
| DYNASTY WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $124,892,147 (1.1%) | 1,228,407 | 156.2% |
| Bank of New York Mellon Corp | High Conviction | Market Mover | $121,017,709 (1.0%) | 1,190,299 | - |
| RICHARD BERNSTEIN ADVISORS LLC | Elite Conviction | Low Flow | $106,827,944 (0.9%) | 1,050,711 | -3.8% |
| TRUIST FINANCIAL CORP | High Conviction | Significant Flow | $104,271,463 (0.9%) | 1,025,587 | -2.6% |
| NEWEDGE ADVISORS, LLC | High Conviction | Significant Flow | $99,352,088 (0.9%) | 977,202 | - |
| RAYMOND JAMES FINANCIAL INC | Moderate Conviction | Market Mover | $85,460,979 (0.7%) | 840,572 | -5.4% |
| ROYAL BANK OF CANADA | High Conviction | Market Mover | $85,049,000 (0.7%) | 836,523 | -52.9% |
| YCMNET ADVISORS INC | High Conviction | Low Flow | $80,698,151 (0.7%) | 793,726 | -3.3% |
| HAMILTON CAPITAL PARTNERS, LLC (CIK 0002037578) | High Conviction | Minimal Flow | $76,252,980 (0.7%) | 750,005 | 23.2% |
| US BANCORP \DE\ | High Conviction | Significant Flow | $74,578,672 (0.6%) | 733,537 | -32.1% |
| CERITY PARTNERS OCIO LLC | Elite Conviction | Low Flow | $72,908,067 (0.6%) | 717,105 | 8.8% |
| QUOTIENT WEALTH PARTNERS, LLC | High Conviction | Low Flow | $65,402,490 (0.6%) | 643,282 | 2,977.9% |
| BENJAMIN EDWARDS INC | High Conviction | Moderate Flow | $62,279,196 (0.5%) | 612,565 | -35.3% |
| UBS Group AG | Moderate Conviction | Market Mover | $60,468,842 (0.5%) | 594,756 | -15.2% |
| UNITED CAPITAL FINANCIAL ADVISORS, LLC | High Conviction | Significant Flow | $59,205,838 (0.5%) | 582,333 | -5.2% |
| FOUNDATIONS INVESTMENT ADVISORS, LLC | High Conviction | Moderate Flow | $52,706,401 (0.5%) | 518,407 | -9.6% |
| JB CAPITAL LLC | High Conviction | Low Flow | $48,664,321 (0.4%) | 478,650 | 2.8% |
| SAGESPRING WEALTH PARTNERS, LLC | High Conviction | Moderate Flow | $41,294,390 (0.4%) | 406,161 | - |
| COMMONWEALTH EQUITY SERVICES, LLP | Moderate Conviction | Market Mover | $39,022,660 (0.3%) | 383,817 | 82,027.0% |
| MCCORMACK ADVISORS INTERNATIONAL | High Conviction | Significant Flow | $38,420,382 (0.3%) | 377,893 | - |
| OSAIC HOLDINGS, INC. | Moderate Conviction | Market Mover | $33,842,280 (0.3%) | 332,331 | -58.1% |
| RS CRUM INC. | High Conviction | Minimal Flow | $32,016,496 (0.3%) | 314,906 | NEW |
| STEWARD PARTNERS INVESTMENT ADVISORY, LLC | High Conviction | Significant Flow | $31,318,076 (0.3%) | 308,037 | -5.5% |
| SAVVY ADVISORS, INC. | High Conviction | Moderate Flow | $26,529,492 (0.2%) | 260,937 | 59.1% |
| WATCHMAN GROUP, INC. | High Conviction | Minimal Flow | $26,322,669 (0.2%) | 258,903 | - |
| CASTLEARK MANAGEMENT LLC | High Conviction | Moderate Flow | $26,274,781 (0.2%) | 258,432 | - |
| ICON WEALTH ADVISORS, LLC | High Conviction | Low Flow | $25,612,334 (0.2%) | 251,916 | - |
| CONFLUENCE INVESTMENT MANAGEMENT LLC | High Conviction | Low Flow | $24,655,585 (0.2%) | 242,506 | -34.1% |
| IHT WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $24,474,449 (0.2%) | 240,725 | 9.0% |
| JOHNSON BIXBY & ASSOCIATES, LLC | High Conviction | Minimal Flow | $23,551,607 (0.2%) | 231,648 | 2.6% |
| GOLDMAN SACHS GROUP INC | High Conviction | Market Mover | $22,649,331 (0.2%) | 222,773 | 176.2% |
| HIGHTOWER ADVISORS, LLC | High Conviction | Significant Flow | $22,000,134 (0.2%) | 216,388 | 17.7% |
| MODERN WEALTH MANAGEMENT, LLC | High Conviction | Moderate Flow | $21,436,647 (0.2%) | 210,845 | -48.2% |
| COMMONWEALTH FINANCIAL SERVICES, LLC | High Conviction | Low Flow | $21,235,805 (0.2%) | 208,870 | NEW |
| ATRIA INVESTMENTS, INC | High Conviction | Significant Flow | $21,022,666 (0.2%) | 206,774 | -2.7% |
| CREATIVEONE WEALTH, LLC | High Conviction | Moderate Flow | $19,916,566 (0.2%) | 195,895 | -21.8% |
| WEALTH ENHANCEMENT ADVISORY SERVICES, LLC | High Conviction | Significant Flow | $19,568,865 (0.2%) | 192,210 | 7.2% |
| INVST, LLC | High Conviction | Low Flow | $18,039,299 (0.2%) | 176,271 | 148.8% |
| STONE HOUSE INVESTMENT MANAGEMENT, LLC | High Conviction | Low Flow | $17,692,180 (0.2%) | 174,016 | - |
| HIGH FALLS ADVISORS, INC | High Conviction | Minimal Flow | $17,514,462 (0.2%) | 172,268 | - |
| GOELZER INVESTMENT MANAGEMENT, INC. | High Conviction | Low Flow | $17,355,988 (0.2%) | 170,709 | 4.6% |
| CLS INVESTMENTS, LLC | High Conviction | Significant Flow | $16,975,550 (0.1%) | 166,967 | 4.8% |
| Equitable Holdings, Inc. | High Conviction | Moderate Flow | $16,675,100 (0.1%) | 164,012 | - |
| WE ARE ONE SEVEN, LLC | High Conviction | Moderate Flow | $16,671,498 (0.1%) | 163,977 | 30.0% |
| ROCKEFELLER CAPITAL MANAGEMENT L.P. | High Conviction | Market Mover | $16,655,337 (0.1%) | 163,790 | 31.1% |
| SUMMIT ASSET MANAGEMENT, LLC | High Conviction | Minimal Flow | $16,414,927 (0.1%) | 161,453 | NEW |
| JONES FINANCIAL COS LP | Elite Conviction | Market Mover | $16,023,289 (0.1%) | 157,601 | 9.3% |
| AFFINITY CAPITAL ADVISORS, LLC | High Conviction | Minimal Flow | $15,980,384 (0.1%) | 157,179 | 7.1% |
| STEELPEAK WEALTH, LLC | High Conviction | Moderate Flow | $15,427,629 (0.1%) | 151,742 | -14.3% |
| SHARKEY, HOWES & JAVER | High Conviction | Minimal Flow | $14,902,872 (0.1%) | 146,581 | -9.0% |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP | Moderate Conviction | Market Mover | $14,782,818 (0.1%) | 145,400 | 26.8% |
| BROKERS INTERNATIONAL FINANCIAL SERVICES, LLC. | High Conviction | Low Flow | $13,419,066 (0.1%) | 131,986 | 26.5% |
| TREK FINANCIAL, LLC | High Conviction | Low Flow | $13,113,948 (0.1%) | 128,985 | -11.0% |
| HARVEST PORTFOLIOS GROUP INC. | High Conviction | Moderate Flow | $12,956,621 (0.1%) | 127,438 | -16.2% |
| KELLY FINANCIAL SERVICES LLC | High Conviction | Minimal Flow | $12,906,397 (0.1%) | 126,944 | -35.9% |
| ESTATE COUNSELORS, LLC | Elite Conviction | Low Flow | $11,952,834 (0.1%) | 117,565 | NEW |
| FARTHER FINANCE ADVISORS, LLC | High Conviction | Significant Flow | $11,397,068 (0.1%) | 112,099 | 37.4% |
| TRIAD WEALTH PARTNERS, LLC | High Conviction | Low Flow | $11,286,238 (0.1%) | 111,009 | -12.3% |
| C2P CAPITAL ADVISORY GROUP, LLC D.B.A. PROSPERITY CAPITAL ADVISORS | High Conviction | Low Flow | $10,468,564 (0.1%) | 102,966 | -53.0% |
| FINANCIAL ENGINES ADVISORS L.L.C. | High Conviction | Moderate Flow | $10,414,973 (0.1%) | 102,439 | -32.3% |
| WILEY BROS.-AINTREE CAPITAL, LLC | High Conviction | Significant Flow | $10,248,321 (0.1%) | 100,563 | 9.4% |
| STOKES FAMILY OFFICE, LLC | High Conviction | Low Flow | $10,106,074 (0.1%) | 99,401 | -13.0% |
| KOVITZ INVESTMENT GROUP PARTNERS, LLC | High Conviction | Moderate Flow | $10,054,272 (0.1%) | 98,891 | 68.0% |
| REGAL INVESTMENT ADVISORS, LLC | High Conviction | Low Flow | $9,677,008 (0.1%) | 95,180 | 8.7% |
| ARVEST INVESTMENTS, INC. | High Conviction | Low Flow | $9,616,821 (0.1%) | 94,588 | - |
| JANE STREET GROUP, LLC | Moderate Conviction | Market Mover | $9,530,647 (0.1%) | 93,741 | 2,052.1% |
| Hughes Financial Services, LLC (CIK 0002054465) | Elite Conviction | Low Flow | $9,424,504 (0.1%) | 92,697 | 10.6% |
| RESOURCES INVESTMENT ADVISORS, LLC. | High Conviction | Moderate Flow | $9,343,400 (0.1%) | 91,899 | - |
| VISE, INC. | High Conviction | Moderate Flow | $9,333,148 (0.1%) | 91,798 | 45.4% |
| GLOBAL RETIREMENT PARTNERS, LLC | High Conviction | Moderate Flow | $9,270,097 (0.1%) | 91,178 | 93.9% |
| HONKAMP KRUEGER FINANCIAL SERVICES, INC. | High Conviction | Low Flow | $9,260,288 (0.1%) | 91,082 | - |
| WEALTH ALLIANCE | High Conviction | Low Flow | $9,035,739 (0.1%) | 88,873 | -4.3% |
| Net Worth Advisory Group | High Conviction | Low Flow | $8,810,402 (0.1%) | 86,657 | 7.1% |
| KEYSTONE FINANCIAL SERVICES | High Conviction | Minimal Flow | $8,776,544 (0.1%) | 86,324 | 30.8% |
| PAX FINANCIAL GROUP, LLC | High Conviction | Low Flow | $8,750,737 (0.1%) | 86,070 | 15.5% |
| MARINER, LLC | High Conviction | Market Mover | $8,727,306 (0.1%) | 85,840 | 29.2% |
| STRATEGIC BLUEPRINT, LLC | High Conviction | Low Flow | $8,583,670 (0.1%) | 84,427 | -29.8% |
| PRIVATE ADVISOR GROUP, LLC | High Conviction | Significant Flow | $8,450,397 (0.1%) | 83,116 | 7.2% |
| EVERGREEN PRIVATE WEALTH LLC | High Conviction | Minimal Flow | $8,301,909 (0.1%) | 81,655 | 4.8% |
| THRIVENT TRUST CO OF TENNESSEE, INC. | High Conviction | Moderate Flow | $8,271,002 (0.1%) | 81,351 | -12.7% |
| BROOKSTONE CAPITAL MANAGEMENT | High Conviction | Moderate Flow | $8,110,913 (0.1%) | 79,777 | 6.1% |
| DIVERSIFY WEALTH MANAGEMENT, LLC | High Conviction | Low Flow | $7,799,340 (0.1%) | 76,285 | NEW |
| LIBERTY WEALTH MANAGEMENT LLC | High Conviction | Low Flow | $7,779,820 (0.1%) | 76,555 | -5.3% |
| ONE ADVISORY PARTNERS, LLC | High Conviction | Minimal Flow | $7,613,951 (0.1%) | 74,889 | -27.6% |
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 | 630 | $11.57B | 120,954,287 | $95.63 |
| Q3 25 | 565 | $12.54B | 128,511,982 | $97.58 |
| Q2 25 | 533 | $10.19B | 107,276,858 | $95.01 |
| Q1 25 | 518 | $8.83B | 92,486,543 | $95.52 |
| Q4 24 | 479 | $6.90B | 78,363,462 | $88.10 |
| Q3 24 | 478 | $7.15B | 68,778,138 | $103.90 |
| Q2 24 | 441 | $6.92B | 71,036,626 | $97.42 |
| Q1 24 | 410 | $7.42B | 74,314,118 | $99.86 |
Source: SEC 13F-HR filings. Implied price = aggregate market value ÷ shares reported. Not investment advice.