Vault-13

ISHARES TR TLT

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

1,194 institutional holders +78 vs Q2 2024
493,387,016493.4m shares reported held*
$48.4bnreported value*
170 new 503 added 388 reduced 103 sold out net bought ≈ $6.5bn (+65.9m 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 ($81.9m this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $98.10. Options: 67 managers hold calls ($14.6bn notional), 52 hold puts ($14.5bn).

Trends to Q3 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: 1,116Q3 24: 1,1941,194Q3 22Q1 23Q3 23Q1 24Q3 24
Numbers
QuarterHolders
Q3 2022738
Q4 2022781
Q1 2023814
Q2 2023878
Q3 2023937
Q4 20231,113
Q1 20241,125
Q2 20241,116
Q3 20241,194

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 outQ1 23: 503 bought or addedQ1 23: 322 cut or sold outQ1 23Q2 23: 551 bought or addedQ2 23: 320 cut or sold outQ3 23: 605 bought or addedQ3 23: 374 cut or sold outQ3 23Q4 23: 675 bought or addedQ4 23: 411 cut or sold outQ1 24: 581 bought or addedQ1 24: 562 cut or sold outQ1 24Q2 24: 612 bought or addedQ2 24: 515 cut or sold outQ3 24: 673 bought or addedQ3 24: 491 cut or sold outQ3 24
Numbers
QuarterBought or addedCut or sold out
Q4 2022444354
Q1 2023503322
Q2 2023551320
Q3 2023605374
Q4 2023675411
Q1 2024581562
Q2 2024612515
Q3 2024673491

Calls vs puts

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

CallsPuts
$0$5bn$10bn$15bnQ4 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 0.77Q3 24 calls: $14.6bnQ3 24 puts: $14.5bnQ3 24P/C 1.00
Numbers
QuarterCallsPutsP/C
Q4 2023$13.0bn$8.7bn0.66
Q1 2024$9.9bn$8.2bn0.83
Q2 2024$11.1bn$8.6bn0.77
Q3 2024$14.6bn$14.5bn1.00

Biggest buyers

BANK OF AMERICA CORP /DE/ Added +37,742,733+37.7m
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +14,781,768+14.8m
BANK OF MONTREAL /CAN/ Added +7,302,468+7.3m
Rafferty Asset Management, LLC Added +7,273,445+7.3m
ASSETMARK, INC Added +4,322,688+4.3m
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Added +3,341,238+3.3m
CITIGROUP INC Added +2,562,696+2.6m
BARCLAYS PLC Added +2,184,974+2.2m
Ocean Park Asset Management, LLC Added +1,652,380+1.7m
UBS Group AG Added +1,508,684+1.5m

Biggest sellers

FMR LLC Reduced -10,805,442-10.8m
TD Asset Management Inc Reduced -7,542,995-7.5m
MORGAN STANLEY Reduced -4,328,272-4.3m
JANE STREET GROUP, LLC Reduced -3,212,131-3.2m
Annex Advisory Services, LLC Reduced -2,506,022-2.5m
DEUTSCHE BANK AG\ Sold out -1,000,000-1.0m
Walleye Capital LLC Sold out -963,134-963.1k
ROYAL BANK OF CANADA Reduced -931,267-931.3k
FLOW TRADERS U.S. LLC Reduced -880,206-880.2k
ENVESTNET ASSET MANAGEMENT INC Reduced -759,069-759.1k

Biggest calls

JANE STREET GROUP, LLC New $3.9bn40.3m shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $2.6bn26.4m shares
CITADEL ADVISORS LLC Reduced $1.4bn14.6m shares
BANK OF AMERICA CORP /DE/ Added $1.2bn12.2m shares
BARCLAYS PLC Added $704.6m7.2m shares
CITIGROUP INC Added $580.5m5.9m shares
UBS Group AG Reduced $438.1m4.5m shares
BANK OF MONTREAL /CAN/ Reduced $409.6m4.2m shares
WOLVERINE TRADING, LLC New $376.2m3.8m shares
Walleye Capital LLC Reduced $291.9m3.0m shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $3.8bn39.1m shares
JANE STREET GROUP, LLC New $2.7bn27.2m shares
GOLDMAN SACHS GROUP INC Added $2.0bn20.1m shares
CITADEL ADVISORS LLC Reduced $1.3bn13.5m shares
BANK OF AMERICA CORP /DE/ Reduced $788.9m8.0m shares
UBS Group AG Reduced $440.0m4.5m shares
NWI MANAGEMENT LP New $392.4m4.0m shares
MILLENNIUM MANAGEMENT LLC Added $392.2m4.0m shares
Walleye Capital LLC Added $360.5m3.7m shares
CITIGROUP INC Added $291.1m3.0m 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, Q3 2024

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.84% of their portfolio CHARLOTTE, NC 97,561,20497.6m $9.6bn $9.6bn 0.84% Added +37.7m +37,742,733
2 Rafferty Asset Management, LLC 15.87% of their portfolio New York, NY 47,208,14547.2m $4.6bn $4.6bn 15.87% Added +7.3m +7,273,445
3 MORGAN STANLEY 0.28% of their portfolio NEW YORK, NY 39,151,54239.2m $3.8bn $3.8bn 0.28% Reduced -4.3m -4,328,272
4 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 3.13% of their portfolio MILWAUKEE, WI 35,964,12836.0m $3.5bn $3.5bn 3.13% Added +3.3m +3,341,238
5 BlackRock, Inc. 0.04% of their portfolio New York, NY 18,882,08818.9m $1.9bn $1.9bn 0.04% First filing
6 SUSQUEHANNA INTERNATIONAL GROUP, LLP 2.79% of their portfolio BALA CYNWYD, PA 16,752,95616.8m $1.6bn $1.6bn 2.79% Added +14.8m +14,781,768
7 ENVESTNET ASSET MANAGEMENT INC 0.50% of their portfolio Berwyn, PA 15,658,94715.7m $1.5bn $1.5bn 0.50% Reduced -759.1k -759,069
8 JPMORGAN CHASE & CO 0.05% of their portfolio NEW YORK, NY 12,752,84412.8m $1.3bn $1.3bn 0.05% Reduced -532.4k -532,448
9 UBS Group AG 0.30% of their portfolio ZURICH, V8 10,805,31110.8m $1.1bn $1.1bn 0.30% Added +1.5m +1,508,684
10 CIBC WORLD MARKET INC. 2.08% of their portfolio TORONTO, A6 9,425,2969.4m $924.6m $924.6m 2.08% Added +1.0m +1,019,106
11 BANK OF MONTREAL /CAN/ 0.43% of their portfolio TORONTO, A6 9,389,3919.4m $925.5m $925.5m 0.43% Added +7.3m +7,302,468
12 JANE STREET GROUP, LLC 1.38% of their portfolio NEW YORK, NY 8,758,3558.8m $859.2m $859.2m 1.38% Reduced -3.2m -3,212,131
13 CITIGROUP INC 0.64% of their portfolio NEW YORK, NY 7,042,0877.0m $690.8m $690.8m 0.64% Added +2.6m +2,562,696
14 BARCLAYS PLC 0.27% of their portfolio LONDON, X0 6,276,1246.3m $615.7m $615.7m 0.27% Added +2.2m +2,184,974
15 FMR LLC 0.03% of their portfolio BOSTON, MA 5,853,2905.9m $574.2m $574.2m 0.03% Reduced -10.8m -10,805,442
16 LPL Financial LLC 0.25% of their portfolio FORT MILL, SC 5,776,5925.8m $566.7m $566.7m 0.25% Added +884.7k +884,717
17 WELLS FARGO & COMPANY/MN 0.12% of their portfolio SAN FRANCISCO, CA 5,180,5195.2m $508.2m $508.2m 0.12% Reduced -322.2k -322,153
18 AMERIPRISE FINANCIAL INC 0.12% of their portfolio MINNEAPOLIS, MN 4,713,1154.7m $458.1m $458.1m 0.12% Added +285.2k +285,190
19 ASSETMARK, INC 1.25% of their portfolio CONCORD, CA 4,461,1614.5m $437.6m $437.6m 1.25% Added +4.3m +4,322,688
20 Nan Shan Life Insurance Co., Ltd. 9.24% of their portfolio Taipei City, F5 3,997,6804.0m $392.2m $392.2m 9.24% Added +60.9k +60,866
21 MACKENZIE FINANCIAL CORP 0.53% of their portfolio TORONTO ONTARIO, A6 3,875,8003.9m $380.2m $380.2m 0.53% Added +816.8k +816,800
22 Harvest Portfolios Group Inc. 8.96% of their portfolio Oakville, A6 2,753,7092.8m $270.1m $270.1m 8.96% Added +683.9k +683,915
23 OSAIC HOLDINGS, INC. 0.61% of their portfolio SCOTTSDALE, AZ 2,742,8492.7m $269.1m $269.1m 0.61% Added +526.3k +526,284
24 ALLIANCEBERNSTEIN L.P. 0.09% of their portfolio NASHVILLE, TN 2,737,1832.7m $268.5m $268.5m 0.09% Added +20.8k +20,771
25 Ocean Park Asset Management, LLC 11.58% of their portfolio SANTA MONICA, CA 2,689,1362.7m $263.8m $263.8m 11.58% Added +1.7m +1,652,380
26 Raymond James Financial Services Advisors, Inc. 0.33% of their portfolio ST. PETERSBURG, FL 2,510,8012.5m $246.3m $246.3m 0.33% Added +344.2k +344,172
27 VANTAGEPOINT INVESTMENT ADVISERS LLC 31.14% of their portfolio WASHINGTON, DC 2,473,5412.5m $242.7m $242.7m 31.14% Unchanged
28 ROYAL BANK OF CANADA 0.05% of their portfolio TORONTO, A6 2,407,7062.4m $236.2m $236.2m 0.05% Reduced -931.3k -931,267
29 Janney Montgomery Scott LLC 0.66% of their portfolio PHILADELPHIA, PA 2,395,0632.4m $235.0m $235.0m 0.66% Reduced -108.2k -108,152
30 Mirae Asset Global Investments Co., Ltd. 0.91% of their portfolio SEOUL, M5 2,075,8062.1m $204.6m $204.6m 0.91% Added +709.4k +709,409
31 RAYMOND JAMES & ASSOCIATES 0.12% of their portfolio ST PETERSBURG, FL 1,941,6051.9m $190.5m $190.5m 0.12% Added +39.8k +39,838
32 HSBC HOLDINGS PLC 0.11% of their portfolio LONDON, X0 1,848,8681.8m $181.4m $181.4m 0.11% Reduced -655.1k -655,082
33 HANTZ FINANCIAL SERVICES, INC. 3.10% of their portfolio SOUTHFIELD, MI 1,782,6011.8m $174.9m $174.9m 3.10% Added +219.4k +219,372
34 COMMONWEALTH EQUITY SERVICES, LLC 0.26% of their portfolio WALTHAM, MA 1,748,6351.7m $171.5m $171.5m 0.26% Added +354.6k +354,610
35 STIFEL FINANCIAL CORP 0.17% of their portfolio ST. LOUIS, MO 1,684,8201.7m $165.3m $165.3m 0.17% Added +145.7k +145,687
36 TRUIST FINANCIAL CORP 0.26% of their portfolio CHARLOTTE, NC 1,669,0341.7m $163.7m $163.7m 0.26% Reduced -93.3k -93,278
37 Envestnet Portfolio Solutions, Inc. 0.52% of their portfolio BERWYN, PA 1,637,5251.6m $160.6m $160.6m 0.52% Reduced -250.6k -250,605
38 WS MANAGEMENT LLLP 14.15% of their portfolio JACKSONVILLE, FL 1,622,9831.6m $159.2m $159.2m 14.15% Added +409.5k +409,500
39 AIA Group Ltd 3.73% of their portfolio HONG KONG, K3 1,474,5111.5m $144.6m $144.6m 3.73% Reduced -17.0k -16,965
40 Cetera Investment Advisers 0.29% of their portfolio SCHAUMBURG, IL 1,329,0331.3m $130.4m $130.4m 0.29% Added +110.3k +110,268
41 Nationwide Fund Advisors 10.21% of their portfolio COLUMBUS, OH 1,317,9471.3m $129.3m $129.3m 10.21% Added +16.4k +16,386
42 BANCO BILBAO VIZCAYA ARGENTARIA, S.A. 1.22% of their portfolio Madrid, U3 1,238,6491.2m $121.6m $121.6m 1.22% Added +1.1m +1,105,440
43 U.S. Capital Wealth Advisors, LLC 4.12% of their portfolio AUSTIN, TX 1,192,8001.2m $117.0m $117.0m 4.12% Added +275.1k +275,095
44 AlTi Global, Inc. 2.65% of their portfolio NEW YORK, NY 1,122,4601.1m $110.1m $110.1m 2.65% Added +572.4k +572,370
45 WestEnd Advisors, LLC 2.63% of their portfolio CHARLOTTE, NC 1,094,4891.1m $107.4m $107.4m 2.63% Reduced -87.2k -87,177
46 Cullen/Frost Bankers, Inc. 1.43% of their portfolio San Antonio, TX 1,064,8521.1m $104.5m $104.5m 1.43% Added +53.4k +53,368
47 Bramshill Investments, LLC 11.44% of their portfolio NAPLES, FL 1,064,7691.1m $104.5m $104.5m 11.44% Added +500.3k +500,265
48 Parallax Volatility Advisers, L.P. 2.67% of their portfolio San Francisco, CA 1,047,1761.0m $102.7m $102.7m 2.67% Added +749.8k +749,811
49 IMC-Chicago, LLC 2.96% of their portfolio CHICAGO, IL 1,045,1931.0m $102.5m $102.5m 2.96% Added +851.9k +851,884
50 US BANCORP \DE\ 0.12% of their portfolio MINNEAPOLIS, MN 953,187953.2k $93.5m $93.5m 0.12% Added +22.9k +22,878
51 VICTORY CAPITAL MANAGEMENT INC 0.09% of their portfolio San Antonio, TX 934,401934.4k $91.7m $91.7m 0.09% Reduced -26.3k -26,303
52 Cambridge Investment Research Advisors, Inc. 0.31% of their portfolio FAIRFIELD, IA 924,869924.9k $90.7m $90.7m 0.31% Added +495.6k +495,558
53 Quadrature Capital Ltd 2.04% of their portfolio LONDON, X0 915,002915.0k $89.8m $89.8m 2.04% New
54 BNP PARIBAS FINANCIAL MARKETS 0.09% of their portfolio PARIS, I0 911,789911.8k $89.4m $89.4m 0.09% Reduced -200.6k -200,643
55 Bank of New York Mellon Corp 0.02% of their portfolio NEW YORK, NY 896,740896.7k $88.0m $88.0m 0.02% Reduced -77.8k -77,827
56 CWM, LLC 0.37% of their portfolio OMAHA, NE 877,947877.9k $86.1m $86.1m 0.37% Reduced -281.5k -281,503
57 Ally Financial Inc. 10.34% of their portfolio Detroit, MI 873,000873.0k $85.6m $85.6m 10.34% Unchanged
58 Jordan Park Group LLC 5.83% of their portfolio SAN FRANCISCO, CA 871,557871.6k $85.5m $85.5m 5.83% Added +223.7k +223,662
59 Rockefeller Capital Management L.P. 0.22% of their portfolio NEW YORK, NY 835,594835.6k $82.0m $82.0m 0.22% Reduced -8.6k -8,596
60 MML INVESTORS SERVICES, LLC 0.29% of their portfolio SPRINGFIELD, MA 824,750824.8k $80.9m $80.9m 0.29% Added +99.4k +99,422
61 HighTower Advisors, LLC 0.11% of their portfolio CHICAGO, IL 811,951812.0k $79.6m $79.6m 0.11% Reduced -41.8k -41,844
62 GOLDMAN SACHS GROUP INC 0.01% of their portfolio NEW YORK, NY 721,812721.8k $70.8m $70.8m 0.01% Reduced -441.9k -441,945
63 Hamilton Capital Partners Inc. 6.13% of their portfolio TORONTO, A6 721,804721.8k $70.8m $70.8m 6.13% Added +267.0k +267,036
64 Thrivent Financial for Lutherans 0.13% of their portfolio Minneapolis, MN 674,481674.5k $66.2m $66.2m 0.13% Added +309.3k +309,344
65 PARK AVENUE SECURITIES LLC 0.74% of their portfolio NEW YORK, NY 668,707668.7k $65.6m $65.6m 0.74% Reduced -213.1k -213,119
66 DRW Securities, LLC 3.47% of their portfolio CHICAGO, IL 642,809642.8k $63.1m $63.1m 3.47% New
67 University of Illinois Foundation 22.99% of their portfolio CHAMPAIGN, IL 635,488635.5k $62.3m $62.3m 22.99% Added +216.1k +216,076
68 Maxi Investments CY Ltd 15.98% of their portfolio LIMASSOL, G4 610,505610.5k $59.9m $59.9m 15.98% Unchanged
69 IHT Wealth Management, LLC 1.68% of their portfolio Chicago, IL 601,438601.4k $59.1m $59.1m 1.68% Added +186.7k +186,668
70 Dynasty Wealth Management, LLC 1.78% of their portfolio ST. PETERSBURG, FL 600,838600.8k $58.9m $58.9m 1.78% Reduced -8.1k -8,125
71 Mariner, LLC 0.10% of their portfolio Overland Park, KS 589,306589.3k $57.8m $57.8m 0.10% Added +391.9k +391,850
72 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.05% of their portfolio Toronto, A6 587,569587.6k $57.6m $57.6m 0.05% Reduced -554.4k -554,448
73 Atria Wealth Solutions, Inc. 0.61% of their portfolio NEW YORK, NY 574,781574.8k $56.4m $56.4m 0.61% Added +23.1k +23,109
74 MIDLAND WEALTH ADVISORS, LLC 3.24% of their portfolio EFFINGHAM, IL 564,182564.2k $55.3m $55.3m 3.24% New
75 Quotient Wealth Partners, LLC 1.81% of their portfolio DALLAS, TX 561,277561.3k $55.1m $55.1m 1.81% Added +12.6k +12,627
76 Disciplina Capital Management LLC 8.60% of their portfolio NASHVILLE, TN 547,462547.5k $53.7m $53.7m 8.60% Added +544.3k +544,293
77 CITADEL ADVISORS LLC 0.05% of their portfolio MIAMI, FL 498,662498.7k $48.9m $48.9m 0.05% Reduced -194.5k -194,488
78 MEEDER ASSET MANAGEMENT INC 3.24% of their portfolio DUBLIN, OH 494,558494.6k $48.5m $48.5m 3.24% Added +241.3k +241,342
79 NewEdge Advisors, LLC 0.30% of their portfolio NEW ORLEANS, LA 463,929463.9k $45.5m $45.5m 0.30% Added +32.6k +32,635
80 TD PRIVATE CLIENT WEALTH LLC 1.25% of their portfolio NEW YORK, NY 444,357444.4k $43.6m $43.6m 1.25% Added +425.1k +425,079
81 Sanctuary Advisors, LLC 0.25% of their portfolio INDIANAPOLIS, IN 439,649439.6k $39.7m $39.7m 0.25% Added +4.1k +4,145
82 New Harbor Financial Group, LLC 12.17% of their portfolio WORCESTER, MA 431,258431.3k $42.3m $42.3m 12.17% Added +3.0k +3,030
83 HIMENSION CAPITAL (SINGAPORE) PTE. LTD. 3.30% of their portfolio SINGAPORE, U0 431,172431.2k $42.3m $42.3m 3.30% New
84 TIAA TRUST, NATIONAL ASSOCIATION 0.13% of their portfolio CHARLOTTE, NC 430,372430.4k $42.2m $42.2m 0.13% Added +86.6k +86,620
85 Royal Fund Management, LLC 2.98% of their portfolio Lady Lake, FL 430,173430.2k $42.2m $42.2m 2.98% Added +262.7k +262,705
86 MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 0.09% of their portfolio CAUSEWAY BAY, K3 413,519413.5k $40.6m $40.6m 0.09% Added +4.0k +3,979
87 Centre Asset Management, LLC 8.62% of their portfolio NEW YORK, NY 407,655407.7k $40.0m $40.0m 8.62% New
88 Jump Financial, LLC 0.81% of their portfolio Chicago, IL 403,523403.5k $39.6m $39.6m 0.81% Reduced -85.8k -85,821
89 Concurrent Investment Advisors, LLC 1.15% of their portfolio Tampa, FL 395,269395.3k $38.8m $38.8m 1.15% Added +125.7k +125,728
90 Cadence Wealth Management LLC 31.49% of their portfolio WESTBOROUGH, MA 394,779394.8k $38.7m $38.7m 31.49% Added +46.4k +46,445
91 Allspring Global Investments Holdings, LLC 0.06% of their portfolio CHARLOTTE, NC 393,647393.6k $38.6m $38.6m 0.06% Added +369.9k +369,884
92 Townsend & Associates, Inc 3.64% of their portfolio WESTMINSTER, CO 384,957385.0k $35.4m $35.4m 3.64% Added +14.6k +14,578
93 Foundations Investment Advisors, LLC 0.78% of their portfolio PHOENIX, AZ 378,301378.3k $37.1m $37.1m 0.78% Added +12.8k +12,766
94 GM Advisory Group, LLC 2.18% of their portfolio MELVILLE, NY 370,521370.5k $36.3m $36.3m 2.18% Reduced -945 -945
95 Strategic Investment Advisors / MI 3.75% of their portfolio FARMINGTON HILLS, MI 349,242349.2k $34.3m $34.3m 3.75% New
96 BCM ADVISORS, LLC 7.30% of their portfolio LAFAYETTE, LA 344,877344.9k $31.8m $31.8m 7.30% Added +5.0k +5,034
97 WESTWOOD HOLDINGS GROUP INC 0.14% of their portfolio DALLAS, TX 340,698340.7k $33.4m $33.4m 0.14% Added +31.5k +31,497
98 Systematic Alpha Investments, LLC 1.22% of their portfolio PRINCETON, NJ 339,500339.5k $33.3m $33.3m 1.22% Unchanged
99 Federation des caisses Desjardins du Quebec 0.16% of their portfolio LEVIS, A8 333,417333.4k $32.7m $32.7m 0.16% Added +273.8k +273,833
100 MILLENNIUM MANAGEMENT LLC 0.03% of their portfolio NEW YORK, NY 332,566332.6k $32.6m $32.6m 0.03% Added +265.5k +265,483