Vault-13

ISHARES TR TLT

20 YR TR BD ETF · ETP · CUSIP 464287432 · ISIN US4642874329

781 institutional holders +43 vs Q3 2022
197,900,207197.9m shares reported held*
$19.7bnreported value*
136 new 308 added 234 reduced 120 sold out net bought ≈ $2.2bn (+22.2m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($41.7m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $99.72. Options: 50 managers hold calls ($8.6bn notional), 41 hold puts ($4.8bn).

Trends to Q4 2022

Institutional holders

Managers reporting a position, each quarter

05001kQ3 22: 738Q4 22: 781781Q3 22Q4 22
Numbers
QuarterHolders
Q3 2022738
Q4 2022781

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$2.5bn$5bn$7.5bn$10bnQ3 22 calls: $8.5bnQ3 22 puts: $4.1bnQ3 22P/C 0.49Q4 22 calls: $8.6bnQ4 22 puts: $4.8bnQ4 22P/C 0.56
Numbers
QuarterCallsPutsP/C
Q3 2022$8.5bn$4.1bn0.49
Q4 2022$8.6bn$4.8bn0.56

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +13,254,469+13.3m
MORGAN STANLEY Added +4,771,084+4.8m
UBS Group AG Added +3,040,626+3.0m
Rafferty Asset Management, LLC Added +2,918,129+2.9m
GOLDMAN SACHS GROUP INC Added +2,794,578+2.8m
ASSETMARK, INC Added +2,115,658+2.1m
BlackRock Inc. Added +1,961,872+2.0m
TD Asset Management Inc Added +1,889,264+1.9m
EP Wealth Advisors, LLC New +1,693,219+1.7m
TWO SIGMA INVESTMENTS, LP New +1,400,000+1.4m

Biggest sellers

Fisher Asset Management, LLC Reduced -4,839,509-4.8m
JANE STREET GROUP, LLC Reduced -3,341,124-3.3m
CITADEL ADVISORS LLC Reduced -3,154,135-3.2m
FMR LLC Reduced -2,966,212-3.0m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -2,935,106-2.9m
MOORE CAPITAL MANAGEMENT, LP Reduced -1,295,701-1.3m
Money Design Co.,Ltd. Sold out -698,400-698.4k
Jordan Park Group LLC Reduced -697,247-697.2k
Parallax Volatility Advisers, L.P. Reduced -686,598-686.6k
1832 Asset Management L.P. Reduced -669,933-669.9k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.0bn20.5m shares
UBS Group AG Added $1.7bn16.6m shares
CITADEL ADVISORS LLC Reduced $1.5bn14.8m shares
CITIGROUP INC Reduced $713.4m7.2m shares
BARCLAYS PLC First filing $665.8m6.7m shares
Parallax Volatility Advisers, L.P. Added $401.5m4.0m shares
MILLENNIUM MANAGEMENT LLC Added $289.4m2.9m shares
WOLVERINE TRADING, LLC Added $224.2m2.3m shares
Waratah Capital Advisors Ltd. Reduced $212.5m2.1m shares
CIBC Asset Management Inc Reduced $166.4m1.7m shares

Biggest puts

UBS Group AG Added $1.4bn14.4m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $812.8m8.2m shares
CITADEL ADVISORS LLC Reduced $720.2m7.2m shares
BARCLAYS PLC First filing $409.8m4.1m shares
CITIGROUP INC Reduced $256.7m2.6m shares
Parallax Volatility Advisers, L.P. Reduced $215.8m2.2m shares
WOLVERINE TRADING, LLC Added $158.8m1.6m shares
MILLENNIUM MANAGEMENT LLC Reduced $109.6m1.1m shares
BNP PARIBAS FINANCIAL MARKETS Reduced $89.6m9.0k shares
BANK OF AMERICA CORP /DE/ Reduced $86.3m866.6k shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: BlackRock Portfolio Management LLC (5.0%, 2026-10-27)

Holders, Q4 2022

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.33% of their portfolio NEW YORK, NY 28,810,02528.8m $2.9bn $2.9bn 0.33% Added +4.8m +4,771,084
2 BANK OF AMERICA CORP /DE/ 0.35% of their portfolio CHARLOTTE, NC 28,291,87228.3m $2.8bn $2.8bn 0.35% Added +13.3m +13,254,469
3 FMR LLC 0.11% of their portfolio BOSTON, MA 11,056,77711.1m $1.1bn $1.1bn 0.11% Reduced -3.0m -2,966,212
4 TD Asset Management Inc 1.14% of their portfolio Toronto, A6 9,315,8519.3m $927.5m $927.5m 1.14% Added +1.9m +1,889,264
5 BlackRock Inc. 0.02% of their portfolio New York, NY 5,588,4715.6m $556.4m $556.4m 0.02% Added +2.0m +1,961,872
6 UBS Group AG 0.26% of their portfolio ZURICH, V8 5,339,3155.3m $531.6m $531.6m 0.26% Added +3.0m +3,040,626
7 Rafferty Asset Management, LLC 4.42% of their portfolio New York, NY 5,306,0805.3m $528.3m $528.3m 4.42% Added +2.9m +2,918,129
8 ENVESTNET ASSET MANAGEMENT INC 0.26% of their portfolio Berwyn, PA 5,043,7815.0m $502.2m $502.2m 0.26% Added +286.7k +286,709
9 ASSETMARK, INC 1.97% of their portfolio CONCORD, CA 4,568,5094.6m $454.8m $454.8m 1.97% Added +2.1m +2,115,658
10 Nan Shan Life Insurance Co., Ltd. 10.94% of their portfolio Taipei City, F5 4,024,6794.0m $400.7m $400.7m 10.94% Unchanged
11 GOLDMAN SACHS GROUP INC 0.11% of their portfolio NEW YORK, NY 3,933,3053.9m $391.6m $391.6m 0.11% Added +2.8m +2,794,578
12 MOORE CAPITAL MANAGEMENT, LP 10.78% of their portfolio NEW YORK, NY 3,828,8993.8m $381.2m $381.2m 10.78% Reduced -1.3m -1,295,701
13 BARCLAYS PLC 0.33% of their portfolio LONDON, X0 3,828,7373.8m $381.2m $381.2m 0.33% First filing
14 VOYA INVESTMENT MANAGEMENT LLC 0.43% of their portfolio ATLANTA, GA 3,692,0643.7m $367.6m $367.6m 0.43% Added +331.9k +331,940
15 WELLS FARGO & COMPANY/MN 0.09% of their portfolio SAN FRANCISCO, CA 2,829,3182.8m $281.7m $281.7m 0.09% Added +1.2m +1,226,812
16 MACKENZIE FINANCIAL CORP 0.35% of their portfolio TORONTO ONTARIO, A6 2,067,7002.1m $205.9m $205.9m 0.35% Added +28.1k +28,100
17 AMERIPRISE FINANCIAL INC 0.07% of their portfolio MINNEAPOLIS, MN 1,959,0252.0m $195.3m $195.3m 0.07% Added +467.9k +467,945
18 JPMORGAN CHASE & CO 0.03% of their portfolio NEW YORK, NY 1,929,3601.9m $192.1m $192.1m 0.03% Added +940.6k +940,640
19 CI INVESTMENTS INC. 0.93% of their portfolio TORONTO, Z4 1,845,7551.8m $183.8m $183.8m 0.93% Added +43.6k +43,635
20 CITADEL ADVISORS LLC 0.21% of their portfolio MIAMI, FL 1,818,1721.8m $181.0m $181.0m 0.21% Reduced -3.2m -3,154,135
21 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.34% of their portfolio BALA CYNWYD, PA 1,722,1551.7m $171.5m $171.5m 0.34% Reduced -2.9m -2,935,106
22 EP Wealth Advisors, LLC 3.04% of their portfolio TORRANCE, CA 1,693,2191.7m $168.6m $168.6m 3.04% New
23 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 1,673,9391.7m $166.7m $166.7m 0.05% Reduced -161.9k -161,892
24 ALLIANCEBERNSTEIN L.P. 0.07% of their portfolio NASHVILLE, TN 1,638,6331.6m $163.1m $163.1m 0.07% Added +110.0k +110,023
25 LPL Financial LLC 0.14% of their portfolio FORT MILL, SC 1,582,5471.6m $157.6m $157.6m 0.14% Added +326.5k +326,456
26 Janney Montgomery Scott LLC 0.58% of their portfolio PHILADELPHIA, PA 1,496,7911.5m $149.0m $149.0m 0.58% Added +95.4k +95,436
27 CITIGROUP INC 0.20% of their portfolio NEW YORK, NY 1,437,7941.4m $143.1m $143.1m 0.20% Added +41.2k +41,157
28 TWO SIGMA INVESTMENTS, LP 0.45% of their portfolio NEW YORK, NY 1,400,0001.4m $139.4m $139.4m 0.45% New
29 Nationwide Fund Advisors 12.98% of their portfolio COLUMBUS, OH 1,274,1661.3m $126.9m $126.9m 12.98% Added +69.5k +69,474
30 TRUIST FINANCIAL CORP 0.22% of their portfolio CHARLOTTE, NC 1,265,2841.3m $126.0m $126.0m 0.22% Added +151.8k +151,777
31 Municipal Employees' Retirement System of Michigan 1.98% of their portfolio LANSING, MI 1,230,5851.2m $122.5m $122.5m 1.98% Unchanged
32 RAYMOND JAMES & ASSOCIATES 0.10% of their portfolio ST PETERSBURG, FL 1,139,0351.1m $113.4m $113.4m 0.10% Reduced -340.5k -340,474
33 RENAISSANCE TECHNOLOGIES LLC 0.15% of their portfolio NEW YORK, NY 1,089,0421.1m $108.4m $108.4m 0.15% Added +733.1k +733,096
34 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.07% of their portfolio Toronto, A6 1,084,7261.1m $108.0m $108.0m 0.07% Reduced -382.2k -382,197
35 CAPTRUST FINANCIAL ADVISORS 0.54% of their portfolio RALEIGH, NC 1,083,9531.1m $107.9m $107.9m 0.54% Added +1.0m +1,047,883
36 VANTAGEPOINT INVESTMENT ADVISERS LLC 18.69% of their portfolio WASHINGTON, DC 1,075,7351.1m $107.1m $107.1m 18.69% Added +372.5k +372,500
37 CIBC WORLD MARKET INC. 0.41% of their portfolio TORONTO, A6 1,042,3231.0m $103.8m $103.8m 0.41% Added +430.0k +430,025
38 Jordan Park Group LLC 7.97% of their portfolio SAN FRANCISCO, CA 1,025,9521.0m $102.1m $102.1m 7.97% Reduced -697.2k -697,247
39 STIFEL FINANCIAL CORP 0.15% of their portfolio ST. LOUIS, MO 987,115987.1k $98.3m $98.3m 0.15% Added +47.6k +47,609
40 Raymond James Financial Services Advisors, Inc. 0.20% of their portfolio ST. PETERSBURG, FL 976,509976.5k $97.2m $97.2m 0.20% Added +290.2k +290,195
41 AE Wealth Management LLC 0.65% of their portfolio TOPEKA, KS 907,963908.0k $90.4m $90.4m 0.65% Added +17.3k +17,297
42 TORONTO DOMINION BANK 0.13% of their portfolio TORONTO, ONTARIO, A6 843,972844.0k $84.0m $84.0m 0.13% Added +492.9k +492,932
43 MILLENNIUM MANAGEMENT LLC 0.09% of their portfolio NEW YORK, NY 804,942804.9k $80.1m $80.1m 0.09% Reduced -641.3k -641,317
44 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 796,641796.6k $79.3m $79.3m 0.00% Reduced -375.6k -375,591
45 COMMONWEALTH EQUITY SERVICES, LLC 0.18% of their portfolio WALTHAM, MA 770,571770.6k $76.7m $76.7m 0.18% Added +491.9k +491,937
46 OSAIC HOLDINGS, INC. 0.15% of their portfolio SCOTTSDALE, AZ 755,282755.3k $75.2m $75.2m 0.15% Added +140.5k +140,512
47 WestEnd Advisors, LLC 2.17% of their portfolio CHARLOTTE, NC 665,470665.5k $66.3m $66.3m 2.17% Reduced -40.8k -40,803
48 Clarity Financial LLC 11.57% of their portfolio Houston, TX 602,009602.0k $59.9m $59.9m 11.57% Added +77.5k +77,518
49 Mirae Asset Global Investments Co., Ltd. 0.13% of their portfolio SEOUL, M5 504,520504.5k $50.6m $50.6m 0.13% Added +387.5k +387,529
50 MML INVESTORS SERVICES, LLC 0.31% of their portfolio SPRINGFIELD, MA 478,723478.7k $47.7m $47.7m 0.31% Added +123.7k +123,662
51 PFS INVESTMENTS INC. 0.89% of their portfolio DULUTH, GA 477,398477.4k $47.5m $47.5m 0.89% Added +45.8k +45,781
52 SCHRODER INVESTMENT MANAGEMENT GROUP 0.07% of their portfolio London, X0 472,311472.3k $47.0m $47.0m 0.07% Added +62.0k +61,998
53 Ally Financial Inc. 7.21% of their portfolio Detroit, MI 465,000465.0k $46.3m $46.3m 7.21% Unchanged
54 Jefferies Financial Group Inc. 0.77% of their portfolio NEW YORK, NY 451,300451.3k $44.9m $44.9m 0.77% New
55 Second Half Financial Partners, LLC 30.06% of their portfolio SEBRING, FL 429,982430.0k $46.1m $46.1m 30.06% Added +210.3k +210,261
56 BANK OF MONTREAL /CAN/ 0.02% of their portfolio TORONTO, A6 414,416414.4k $44.5m $44.5m 0.02% Added +334.1k +334,129
57 TOWNSQUARE CAPITAL LLC 0.98% of their portfolio Lehi, UT 398,930398.9k $39.7m $39.7m 0.98% Added +187.8k +187,842
58 Trek Financial, LLC 3.92% of their portfolio Scottsdale, AZ 394,350394.4k $39.3m $39.3m 3.92% Added +228.9k +228,934
59 BNP PARIBAS FINANCIAL MARKETS 0.10% of their portfolio PARIS, I0 391,363391.4k $39.0m $39.0m 0.10% Reduced -215.5k -215,532
60 Comprehensive Wealth Management, LLC 35.37% of their portfolio LYNNWOOD, WA 385,921385.9k $38.4m $38.4m 35.37% Added +13.9k +13,907
61 Accredited Investors Inc. 3.14% of their portfolio EDINA, MN 373,158373.2k $37.2m $37.2m 3.14% New
62 VICTORY CAPITAL MANAGEMENT INC 0.04% of their portfolio San Antonio, TX 370,930370.9k $36.9m $36.9m 0.04% Added +32.3k +32,274
63 SPINNAKER TRUST 2.86% of their portfolio PORTLAND, ME 369,197369.2k $36.8m $36.8m 2.86% New
64 Cetera Investment Advisers 0.33% of their portfolio SCHAUMBURG, IL 362,729362.7k $36.1m $36.1m 0.33% Added +173.5k +173,521
65 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 0.51% of their portfolio Madrid, U3 352,778352.8k $35.3m $35.3m 0.51% Added +167.2k +167,244
66 Cadence Wealth Management LLC 28.02% of their portfolio WESTBOROUGH, MA 328,294328.3k $32.7m $32.7m 28.02% Added +94.9k +94,887
67 Kaydan Wealth Management, Inc. 12.46% of their portfolio FENTON, MI 312,979313.0k $31.2m $31.2m 12.46% New
68 Madison Asset Management, LLC 0.49% of their portfolio MADISON, WI 312,197312.2k $31.1m $31.1m 0.49% Added +44.4k +44,378
69 Thrivent Financial for Lutherans 0.08% of their portfolio Minneapolis, MN 308,309308.3k $30.7m $30.7m 0.08% Added +109.9k +109,913
70 Baymount Management LP 25.97% of their portfolio MIAMI, FL 300,000300.0k $29.9m $29.9m 25.97% New
71 Fisher Asset Management, LLC 0.02% of their portfolio PLANO, TX 296,248296.2k $29.5m $29.5m 0.02% Reduced -4.8m -4,839,509
72 Strategic Investment Advisors / MI 6.07% of their portfolio FARMINGTON HILLS, MI 293,899293.9k $29.3m $29.3m 6.07% Added +123.1k +123,093
73 Bank of New York Mellon Corp 0.01% of their portfolio NEW YORK, NY 288,302288.3k $28.7m $28.7m 0.01% Reduced -19.4k -19,438
74 BCM ADVISORS, LLC 8.62% of their portfolio LAFAYETTE, LA 287,225287.2k $31.2m $31.2m 8.62% Added +35.5k +35,525
75 Disciplina Capital Management LLC 7.58% of their portfolio NASHVILLE, TN 286,824286.8k $28.6m $28.6m 7.58% Added +36.8k +36,849
76 FIRST NATIONAL CORP /MA/ /ADV 6.83% of their portfolio ROCKLAND, MA 277,611277.6k $27.6m $27.6m 6.83% Added +118.7k +118,655
77 HANTZ FINANCIAL SERVICES, INC. 0.82% of their portfolio SOUTHFIELD, MI 272,836272.8k $27.2m $27.2m 0.82% Added +85.9k +85,938
78 New Harbor Financial Group, LLC 12.34% of their portfolio WORCESTER, MA 267,763267.8k $26.7m $26.7m 12.34% Reduced -123.5k -123,491
79 One Day In July LLC 5.33% of their portfolio BURLINGTON, VT 259,806259.8k $25.9m $25.9m 5.33% Added +49.2k +49,190
80 HighTower Advisors, LLC 0.06% of their portfolio CHICAGO, IL 254,129254.1k $25.3m $25.3m 0.06% Added +83.6k +83,571
81 Goodman Advisory Group, LLC 14.17% of their portfolio NEEDHAM, MA 244,594244.6k $24.4m $24.4m 14.17% Added +54.0k +53,992
82 AFFINITY WEALTH MANAGEMENT LLC 5.55% of their portfolio WILMINGTON, DE 235,218235.2k $23.4m $23.4m 5.55% New
83 WOLVERINE TRADING, LLC 0.39% of their portfolio CHICAGO, IL 230,521230.5k $23.0m $23.0m 0.39% Added +38.4k +38,391
84 AMERICAN ASSET MANAGEMENT INC. 25.66% of their portfolio Boca Raton, FL 223,733223.7k $22.3m $22.3m 25.66% Added +1.6k +1,604
85 Cambridge Investment Research Advisors, Inc. 0.11% of their portfolio FAIRFIELD, IA 216,315216.3k $21.5m $21.5m 0.11% Added +13.4k +13,446
86 1832 Asset Management L.P. 0.04% of their portfolio TORONTO, A6 213,267213.3k $21.2m $21.2m 0.04% Reduced -669.9k -669,933
87 MARSHALL WACE, LLP 0.05% of their portfolio LONDON, X0 198,551198.6k $19.8m $19.8m 0.05% New
88 Brookstone Capital Management 0.42% of their portfolio WHEATON, IL 197,106197.1k $20.7m $20.7m 0.42% Added +18.3k +18,338
89 CONNING INC. 0.62% of their portfolio HARTFORD, CT 193,000193.0k $19.2m $19.2m 0.62% Unchanged
90 Industrial Alliance Investment Management Inc. 0.53% of their portfolio QUEBEC, A8 192,949192.9k $19.2m $19.2m 0.53% Reduced -45.3k -45,310
91 SINECERA CAPITAL, LLC 20.74% of their portfolio AUSTIN, TX 191,719191.7k $18.8m $18.8m 20.74% Added +153.5k +153,484
92 Cetera Advisor Networks LLC 0.15% of their portfolio EL SEGUNDO, CA 187,604187.6k $18.7m $18.7m 0.15% Added +126.7k +126,724
93 Freedom Investment Management, Inc. 2.07% of their portfolio SOUTH WINDSOR, CT 184,448184.4k $18.4m $18.4m 2.07% Added +9.1k +9,064
94 Crestone Asset Management LLC 3.69% of their portfolio BOULDER, CO 176,872176.9k $17.6m $17.6m 3.69% New
95 NATIXIS 0.10% of their portfolio PARIS, I0 170,568170.6k $17.0m $17.0m 0.10% New
96 Atria Wealth Solutions, Inc. 0.27% of their portfolio NEW YORK, NY 166,489166.5k $16.6m $16.6m 0.27% Added +74.4k +74,363
97 SIMPLEX TRADING, LLC 0.76% of their portfolio CHICAGO, IL 159,121159.1k $15.8m $15.8m 0.76% Reduced -427.2k -427,186
98 Connectus Wealth, LLC 0.37% of their portfolio CINCINNATI, OH 157,751157.8k $15.7m $15.7m 0.37% Added +75.0k +75,020
99 Paragon Wealth Strategies, LLC 18.77% of their portfolio JACKSONVILLE, FL 157,321157.3k $15.7m $15.7m 18.77% New
100 TPB WEALTH ADVISORS 8.49% of their portfolio SAN ANTONIO, TX 157,318157.3k $16.5m $16.5m 8.49% Reduced -170.4k -170,422