Vault-13

ISHARES TR TLT

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

1,116 institutional holders -9 vs Q1 2024
424,975,648425.0m shares reported held*
$39.0bnreported value*
120 new 492 added 383 reduced 132 sold out net sold ≈ $4.9bn (-61.0m 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 ($68.2m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $91.79. Options: 73 managers hold calls ($11.1bn notional), 47 hold puts ($8.6bn).

Trends to Q2 2024

Institutional holders

Managers reporting a position, each quarter

05001k1.5kQ3 22: 738Q4 22: 781Q1 23: 814Q2 23: 878Q3 23: 937Q4 23: 1,113Q1 24: 1,125Q2 24: 1,1161,116Q3 22Q1 23Q3 23Q1 24Q2 24
Numbers
QuarterHolders
Q3 2022738
Q4 2022781
Q1 2023814
Q2 2023878
Q3 2023937
Q4 20231,113
Q1 20241,125
Q2 20241,116

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
1k01kQ4 22: 444 bought or addedQ4 22: 354 cut or sold outQ4 22Q1 23: 503 bought or addedQ1 23: 322 cut or sold outQ2 23: 551 bought or addedQ2 23: 320 cut or sold outQ2 23Q3 23: 605 bought or addedQ3 23: 374 cut or sold outQ4 23: 675 bought or addedQ4 23: 411 cut or sold outQ4 23Q1 24: 581 bought or addedQ1 24: 562 cut or sold outQ2 24: 612 bought or addedQ2 24: 515 cut or sold outQ2 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022444354
Q1 2023503322
Q2 2023551320
Q3 2023605374
Q4 2023675411
Q1 2024581562
Q2 2024612515

Calls vs puts

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

CallsPuts
$0$5bn$10bn$15bnQ3 23 calls: $12.8bnQ3 23 puts: $4.4bnQ3 23P/C 0.34Q4 23 calls: $13.0bnQ4 23 puts: $8.7bnQ4 23P/C 0.66Q1 24 calls: $9.9bnQ1 24 puts: $8.2bnQ1 24P/C 0.83Q2 24 calls: $11.1bnQ2 24 puts: $8.6bnQ2 24P/C 0.77
Numbers
QuarterCallsPutsP/C
Q3 2023$12.8bn$4.4bn0.34
Q4 2023$13.0bn$8.7bn0.66
Q1 2024$9.9bn$8.2bn0.83
Q2 2024$11.1bn$8.6bn0.77

Biggest buyers

NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +31,502,110+31.5m
BANK OF AMERICA CORP /DE/ Added +8,720,860+8.7m
Rafferty Asset Management, LLC Added +4,198,669+4.2m
Annex Advisory Services, LLC Added +2,516,950+2.5m
JPMORGAN CHASE & CO Added +2,040,014+2.0m
CIBC WORLD MARKET INC. Added +1,511,435+1.5m
BANK OF MONTREAL /CAN/ Added +1,503,563+1.5m
WELLS FARGO & COMPANY/MN Added +1,272,655+1.3m
ROYAL BANK OF CANADA Added +1,122,962+1.1m
CITIGROUP INC Added +1,067,952+1.1m

Biggest sellers

MORGAN STANLEY Reduced -96,552,551-96.6m
JANE STREET GROUP, LLC Reduced -7,628,535-7.6m
GFG Capital, LLC Reduced -7,343,836-7.3m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -3,450,608-3.5m
FMR LLC Reduced -2,505,255-2.5m
ASSETMARK, INC Reduced -2,019,336-2.0m
TD Asset Management Inc Reduced -2,006,257-2.0m
Parallax Volatility Advisers, L.P. Reduced -1,111,013-1.1m
HSBC HOLDINGS PLC Reduced -973,997-974.0k
BlackRock Inc. Reduced -673,587-673.6k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.7bn30.0m shares
CITADEL ADVISORS LLC Added $1.5bn16.6m shares
BANK OF AMERICA CORP /DE/ Added $1.1bn11.6m shares
BANK OF MONTREAL /CAN/ Added $771.8m8.2m shares
Walleye Capital LLC Added $670.4m7.3m shares
BARCLAYS PLC Added $600.7m6.5m shares
UBS Group AG Reduced $523.8m5.7m shares
MILLENNIUM MANAGEMENT LLC Added $368.6m4.0m shares
Parallax Volatility Advisers, L.P. Reduced $265.8m2.9m shares
GOLDMAN SACHS GROUP INC Added $247.6m2.7m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.9bn20.5m shares
CITADEL ADVISORS LLC Added $1.3bn13.9m shares
GOLDMAN SACHS GROUP INC Added $1.2bn13.3m shares
BANK OF AMERICA CORP /DE/ Added $981.5m10.7m shares
UBS Group AG Added $598.5m6.5m shares
Walleye Capital LLC Added $336.7m3.7m shares
Parallax Volatility Advisers, L.P. Added $304.6m3.3m shares
Capula Management Ltd Added $238.6m2.6m shares
WELLS FARGO & COMPANY/MN Added $213.4m2.3m shares
CITIGROUP INC Reduced $199.3m2.2m 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, Q2 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.53% of their portfolio CHARLOTTE, NC 59,818,47159.8m $5.5bn $5.5bn 0.53% Added +8.7m +8,720,860
2 MORGAN STANLEY 0.31% of their portfolio NEW YORK, NY 43,479,81443.5m $4.0bn $4.0bn 0.31% Reduced -96.6m -96,552,551
3 Rafferty Asset Management, LLC 13.61% of their portfolio New York, NY 39,934,70039.9m $3.7bn $3.7bn 13.61% Added +4.2m +4,198,669
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 2.95% of their portfolio MILWAUKEE, WI 32,622,89032.6m $3.0bn $3.0bn 2.95% Added +31.5m +31,502,110
5 FMR LLC 0.10% of their portfolio BOSTON, MA 16,658,73216.7m $1.5bn $1.5bn 0.10% Reduced -2.5m -2,505,255
6 BlackRock Inc. 0.03% of their portfolio New York, NY 16,607,57916.6m $1.5bn $1.5bn 0.03% Reduced -673.6k -673,587
7 ENVESTNET ASSET MANAGEMENT INC 0.52% of their portfolio Berwyn, PA 16,418,01616.4m $1.5bn $1.5bn 0.52% Added +814.2k +814,240
8 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 13,285,29213.3m $1.2bn $1.2bn 0.05% Added +2.0m +2,040,014
9 JANE STREET GROUP, LLC 1.19% of their portfolio NEW YORK, NY 11,970,48612.0m $1.1bn $1.1bn 1.19% Reduced -7.6m -7,628,535
10 UBS Group AG 0.26% of their portfolio ZURICH, V8 9,296,6279.3m $853.2m $853.2m 0.26% Reduced -545.0k -544,961
11 CIBC WORLD MARKET INC. 1.92% of their portfolio TORONTO, A6 8,406,1908.4m $771.5m $771.5m 1.92% Added +1.5m +1,511,435
12 TD Asset Management Inc 0.66% of their portfolio Toronto, A6 7,719,5097.7m $708.5m $708.5m 0.66% Reduced -2.0m -2,006,257
13 WELLS FARGO & COMPANY/MN 0.13% of their portfolio SAN FRANCISCO, CA 5,502,6725.5m $505.0m $505.0m 0.13% Added +1.3m +1,272,655
14 LPL Financial LLC 0.22% of their portfolio FORT MILL, SC 4,891,8754.9m $449.0m $449.0m 0.22% Added +359.5k +359,539
15 CITIGROUP INC 0.39% of their portfolio NEW YORK, NY 4,479,3914.5m $411.1m $411.1m 0.39% Added +1.1m +1,067,952
16 AMERIPRISE FINANCIAL INC 0.11% of their portfolio MINNEAPOLIS, MN 4,427,9254.4m $406.5m $406.5m 0.11% Reduced -607.7k -607,654
17 BARCLAYS PLC 0.17% of their portfolio LONDON, X0 4,091,1504.1m $375.5m $375.5m 0.17% Reduced -58.9k -58,911
18 Nan Shan Life Insurance Co., Ltd. 8.55% of their portfolio Taipei City, F5 3,936,8143.9m $361.3m $361.3m 8.55% Added +23.1k +23,135
19 ROYAL BANK OF CANADA 0.07% of their portfolio TORONTO, A6 3,338,9733.3m $306.5m $306.5m 0.07% Added +1.1m +1,122,962
20 MACKENZIE FINANCIAL CORP 0.42% of their portfolio TORONTO ONTARIO, A6 3,059,0003.1m $280.8m $280.8m 0.42% Added +155.9k +155,900
21 ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio NASHVILLE, TN 2,716,4122.7m $249.3m $249.3m 0.09% Added +963.7k +963,696
22 Annex Advisory Services, LLC 8.21% of their portfolio BROOKFIELD, WI 2,538,9062.5m $233.0m $233.0m 8.21% Added +2.5m +2,516,950
23 HSBC HOLDINGS PLC 0.15% of their portfolio LONDON, X0 2,503,9502.5m $229.8m $229.8m 0.15% Reduced -974.0k -973,997
24 Janney Montgomery Scott LLC 0.70% of their portfolio PHILADELPHIA, PA 2,503,2152.5m $229.7m $229.7m 0.70% Reduced -46.0k -45,982
25 VANTAGEPOINT INVESTMENT ADVISERS LLC 31.24% of their portfolio WASHINGTON, DC 2,473,5412.5m $227.0m $227.0m 31.24% Unchanged
26 OSAIC HOLDINGS, INC. 0.48% of their portfolio SCOTTSDALE, AZ 2,216,5652.2m $203.4m $203.4m 0.48% Reduced -213.0k -213,045
27 Raymond James Financial Services Advisors, Inc. 0.28% of their portfolio ST. PETERSBURG, FL 2,166,6292.2m $198.9m $198.9m 0.28% Reduced -54.6k -54,630
28 BANK OF MONTREAL /CAN/ 0.06% of their portfolio TORONTO, A6 2,086,9232.1m $197.2m $197.2m 0.06% Added +1.5m +1,503,563
29 Harvest Portfolios Group Inc. 7.26% of their portfolio Oakville, A6 2,069,7942.1m $190.0m $190.0m 7.26% Added +608.1k +608,087
30 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.31% of their portfolio BALA CYNWYD, PA 1,971,1882.0m $180.9m $180.9m 0.31% Reduced -3.5m -3,450,608
31 RAYMOND JAMES & ASSOCIATES 0.11% of their portfolio ST PETERSBURG, FL 1,901,7671.9m $174.5m $174.5m 0.11% Added +32.1k +32,086
32 Envestnet Portfolio Solutions, Inc. 0.60% of their portfolio BERWYN, PA 1,888,1301.9m $173.3m $173.3m 0.60% Added +110.3k +110,265
33 TRUIST FINANCIAL CORP 0.25% of their portfolio CHARLOTTE, NC 1,762,3121.8m $161.7m $161.7m 0.25% Reduced -59.3k -59,261
34 HANTZ FINANCIAL SERVICES, INC. 2.76% of their portfolio SOUTHFIELD, MI 1,563,2291.6m $143.5m $143.5m 2.76% Added +336.2k +336,241
35 STIFEL FINANCIAL CORP 0.16% of their portfolio ST. LOUIS, MO 1,539,1331.5m $141.3m $141.3m 0.16% Added +44.0k +44,003
36 AIA Group Ltd 4.00% of their portfolio HONG KONG, K3 1,491,4761.5m $136.9m $136.9m 4.00% Added +178.5k +178,480
37 COMMONWEALTH EQUITY SERVICES, LLC 0.20% of their portfolio WALTHAM, MA 1,394,0251.4m $127.9m $127.9m 0.20% Added +40.8k +40,788
38 Mirae Asset Global Investments Co., Ltd. 0.64% of their portfolio SEOUL, M5 1,366,3971.4m $127.8m $127.8m 0.64% Added +437.3k +437,260
39 Nationwide Fund Advisors 13.02% of their portfolio COLUMBUS, OH 1,301,5611.3m $119.5m $119.5m 13.02% Reduced -11.1k -11,065
40 Cetera Investment Advisers 0.26% of their portfolio SCHAUMBURG, IL 1,218,7651.2m $111.9m $111.9m 0.26% Reduced -46.2k -46,168
41 WS MANAGEMENT LLLP 10.45% of their portfolio JACKSONVILLE, FL 1,213,4831.2m $111.4m $111.4m 10.45% Added +9.9k +9,883
42 WestEnd Advisors, LLC 2.80% of their portfolio CHARLOTTE, NC 1,181,6661.2m $108.5m $108.5m 2.80% Added +1.6k +1,623
43 GOLDMAN SACHS GROUP INC 0.02% of their portfolio NEW YORK, NY 1,163,7571.2m $106.8m $106.8m 0.02% Reduced -607.3k -607,280
44 CWM, LLC 0.50% of their portfolio OMAHA, NE 1,159,4501.2m $106.4m $106.4m 0.50% Reduced -10.5k -10,488
45 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.10% of their portfolio Toronto, A6 1,142,0171.1m $104.8m $104.8m 0.10% Reduced -37.0k -37,029
46 BNP PARIBAS FINANCIAL MARKETS 0.11% of their portfolio PARIS, I0 1,112,4321.1m $102.1m $102.1m 0.11% Added +240.9k +240,935
47 Ocean Park Asset Management, LLC 4.51% of their portfolio SANTA MONICA, CA 1,036,7561.0m $95.2m $95.2m 4.51% New
48 Cullen/Frost Bankers, Inc. 1.34% of their portfolio San Antonio, TX 1,011,4841.0m $92.8m $92.8m 1.34% Added +105.2k +105,201
49 DEUTSCHE BANK AG\ 0.04% of their portfolio FRANKFURT AM MAIN, 2M 1,000,0001.0m $91.8m $91.8m 0.04% Added +200.0k +200,000
50 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 974,567974.6k $89.4m $89.4m 0.02% Reduced -302.4k -302,356
51 Walleye Capital LLC 0.93% of their portfolio NEW YORK, NY 963,134963.1k $88.4m $88.4m 0.93% Added +847.8k +847,817
52 VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio San Antonio, TX 960,704960.7k $88.2m $88.2m 0.09% Added +20.4k +20,419
53 FLOW TRADERS U.S. LLC 4.27% of their portfolio NEW YORK, NY 942,436942.4k $86.5m $86.5m 4.27% New
54 US BANCORP \DE\ 0.12% of their portfolio MINNEAPOLIS, MN 930,309930.3k $85.4m $85.4m 0.12% Added +11.8k +11,792
55 U.S. Capital Wealth Advisors, LLC 3.19% of their portfolio AUSTIN, TX 917,705917.7k $84.2m $84.2m 3.19% Added +437.8k +437,783
56 GTS SECURITIES LLC 1.68% of their portfolio NEW YORK, NY 883,035883.0k $81.0m $81.0m 1.68% Added +830.5k +830,516
57 PARK AVENUE SECURITIES LLC 0.99% of their portfolio NEW YORK, NY 881,826881.8k $80.9m $80.9m 0.99% Added +38.8k +38,845
58 Ally Financial Inc. 9.94% of their portfolio Detroit, MI 873,000873.0k $80.1m $80.1m 9.94% Unchanged
59 HighTower Advisors, LLC 0.12% of their portfolio CHICAGO, IL 853,795853.8k $78.3m $78.3m 0.12% Added +57.3k +57,256
60 Rockefeller Capital Management L.P. 0.22% of their portfolio NEW YORK, NY 844,190844.2k $77.5m $77.5m 0.22% Added +94.8k +94,799
61 MML INVESTORS SERVICES, LLC 0.27% of their portfolio SPRINGFIELD, MA 725,328725.3k $66.6m $66.6m 0.27% Reduced -30.3k -30,258
62 STATE STREET CORP 0.00% of their portfolio BOSTON, MA 710,734710.7k $65.2m $65.2m 0.00% New
63 CITADEL ADVISORS LLC 0.06% of their portfolio MIAMI, FL 693,150693.1k $63.6m $63.6m 0.06% Reduced -136.5k -136,514
64 Jordan Park Group LLC 4.55% of their portfolio SAN FRANCISCO, CA 647,895647.9k $59.5m $59.5m 4.55% Added +133.9k +133,878
65 Maxi Investments CY Ltd 12.74% of their portfolio LIMASSOL, G4 610,505610.5k $56.0m $56.0m 12.74% Unchanged
66 Dynasty Wealth Management, LLC 1.65% of their portfolio ST. PETERSBURG, FL 608,963609.0k $55.9m $55.9m 1.65% Added +140.3k +140,286
67 HRT FINANCIAL LP 0.32% of their portfolio NEW YORK, NY 603,730603.7k $55.4m $55.4m 0.32% Added +460.6k +460,649
68 Bramshill Investments, LLC 5.64% of their portfolio NAPLES, FL 564,504564.5k $51.8m $51.8m 5.64% Added +491.1k +491,082
69 Atria Wealth Solutions, Inc. 0.56% of their portfolio NEW YORK, NY 551,672551.7k $50.6m $50.6m 0.56% Added +41.8k +41,848
70 AlTi Global, Inc. 1.36% of their portfolio NEW YORK, NY 550,090550.1k $50.5m $50.5m 1.36% Added +58.8k +58,759
71 Quotient Wealth Partners, LLC 1.76% of their portfolio DALLAS, TX 548,650548.6k $50.4m $50.4m 1.76% Added +99.8k +99,798
72 Main Management Fund Advisors LLC 8.33% of their portfolio SAN FRANCISCO, CA 503,900503.9k $46.2m $46.2m 8.33% New
73 Jump Financial, LLC 0.90% of their portfolio Chicago, IL 489,344489.3k $44.9m $44.9m 0.90% Added +319.2k +319,213
74 Hamilton Capital Partners Inc. 4.47% of their portfolio TORONTO, A6 454,768454.8k $41.7m $41.7m 4.47% Added +44.8k +44,842
75 TUDOR INVESTMENT CORP ET AL 0.46% of their portfolio STAMFORD, CT 447,657447.7k $41.1m $41.1m 0.46% Reduced -152.4k -152,389
76 Sanctuary Advisors, LLC 0.28% of their portfolio INDIANAPOLIS, IN 435,504435.5k $38.4m $38.4m 0.28% First filing
77 NewEdge Advisors, LLC 0.29% of their portfolio NEW ORLEANS, LA 431,294431.3k $39.6m $39.6m 0.29% Added +180.9k +180,882
78 Cambridge Investment Research Advisors, Inc. 0.15% of their portfolio FAIRFIELD, IA 429,311429.3k $39.4m $39.4m 0.15% Reduced -3.4k -3,434
79 New Harbor Financial Group, LLC 13.09% of their portfolio WORCESTER, MA 428,228428.2k $39.3m $39.3m 13.09% Added +188.8k +188,793
80 University of Illinois Foundation 13.46% of their portfolio CHAMPAIGN, IL 419,412419.4k $38.5m $38.5m 13.46% Unchanged
81 LIFE LINE WEALTH MANAGEMENT LLC 14.46% of their portfolio Beverly Hills, CA 416,882416.9k $38.3m $38.3m 14.46% Added +403.4k +403,430
82 IHT Wealth Management, LLC 1.42% of their portfolio Chicago, IL 414,770414.8k $38.1m $38.1m 1.42% Added +128.1k +128,121
83 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.09% of their portfolio CAUSEWAY BAY, K3 409,540409.5k $37.6m $37.6m 0.09% First filing
84 PECONIC PARTNERS LLC 1.57% of their portfolio NEW YORK, NY 399,900399.9k $36.7m $36.7m 1.57% New
85 GM Advisory Group, LLC 2.20% of their portfolio MELVILLE, NY 371,466371.5k $34.1m $34.1m 2.20% Reduced -11.0k -11,034
86 Townsend & Associates, Inc 3.82% of their portfolio WESTMINSTER, CO 370,379370.4k $34.4m $34.4m 3.82% Added +8.7k +8,742
87 Foundations Investment Advisors, LLC 0.81% of their portfolio PHOENIX, AZ 365,535365.5k $33.5m $33.5m 0.81% Added +72.9k +72,926
88 Thrivent Financial for Lutherans 0.07% of their portfolio Minneapolis, MN 365,137365.1k $33.5m $33.5m 0.07% Reduced -194.6k -194,619
89 CENTAURUS FINANCIAL, INC. 2.20% of their portfolio ANAHEIM, CA 360,615360.6k $33.1m $33.1m 2.20% Added +82.7k +82,703
90 UNITED CAPITAL FINANCIAL ADVISORS, LLC 0.28% of their portfolio IRVING, TX 350,520350.5k $32.2m $32.2m 0.28% Added +9.6k +9,605
91 Cadence Wealth Management LLC 22.35% of their portfolio WESTBOROUGH, MA 348,334348.3k $32.0m $32.0m 22.35% Added +44.3k +44,264
92 TIAA TRUST, NATIONAL ASSOCIATION 0.10% of their portfolio CHARLOTTE, NC 343,752343.8k $31.5m $31.5m 0.10% Added +34.3k +34,253
93 BCM ADVISORS, LLC 7.68% of their portfolio LAFAYETTE, LA 339,843339.8k $32.4m $32.4m 7.68% Added +3.1k +3,119
94 Systematic Alpha Investments, LLC 1.19% of their portfolio PRINCETON, NJ 339,500339.5k $31.2m $31.2m 1.19% Added +155.5k +155,500
95 Balyasny Asset Management L.P. 0.08% of their portfolio Chicago, IL 325,723325.7k $29.9m $29.9m 0.08% Added +151.5k +151,514
96 Bell Investment Advisors, Inc 5.69% of their portfolio ORINDA, CA 315,934315.9k $29.0m $29.0m 5.69% Added +9.7k +9,741
97 WESTWOOD HOLDINGS GROUP INC 0.13% of their portfolio DALLAS, TX 309,201309.2k $28.4m $28.4m 0.13% Added +13.2k +13,216
98 CI INVESTMENTS INC. 0.11% of their portfolio TORONTO, Z4 304,991305.0k $28.0m $28.0m 0.11% Reduced -271.0k -270,958
99 Kestra Advisory Services, LLC 0.15% of their portfolio AUSTIN, TX 297,739297.7k $26.1m $26.1m 0.15% Added +39.3k +39,268
100 Parallax Volatility Advisers, L.P. 0.69% of their portfolio San Francisco, CA 297,365297.4k $27.3m $27.3m 0.69% Reduced -1.1m -1,111,013