I
iShares 10-20 Year Treasury Bond
TLH • ARCA
iShares 10-20 Year Treasury Bond is an exchange-traded fund on ARCA. As of Q3 2025, 554 institutional investors hold shares in this ETF, with total holdings valued at $11.8B. ENVESTNET ASSET MANAGEMENT INC is the largest holder with a position valued at $2.6B.
Overview
Overview of institutional ownership in TLH as of Q3 2025
All Institutions
- Institutions
- 554
- Value Held
- $11.8B
- Shares Held
- 114.9M
- Avg Position
- $21.4M
- Median Position
- $1.2M
Hedge Funds
- Hedge Funds
- 4
- Value Held
- $7.9M
- Shares Held
- 76.4K
- Avg Position
- $2.0M
- Median Position
- $1.1M
Biggest Investors
Institutions with the largest positions in TLH as of Q3 2025
| Institution | Position Value |
|---|---|
 ENVESTNET ASSET MANAGEMENT INC Long Only Manager | $2.6B 0.75% of portfolio |
L LPL Financial LLC Institution | $964.6M 0.28% of portfolio |
 Forum Financial Management, LP RIA/Wealth | $825.1M 11.29% of portfolio |
 BANK OF AMERICA CORP /DE/ Institution | $818.0M 0.06% of portfolio |
 MORGAN STANLEY RIA/Wealth | $413.0M 0.03% of portfolio |
B BlackRock, Inc. Institution | $411.4M 0.01% of portfolio |
 JPMORGAN CHASE & CO Institution | $361.7M 0.02% of portfolio |
 AMERIPRISE FINANCIAL INC Institution | $298.3M 0.07% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $253.7M 0.05% of portfolio |
 Cetera Investment Advisers RIA/Wealth | $244.1M 0.29% of portfolio |
Net Capital Flow
Institutional buying and selling activity for TLH in Q3 2025
- Net Flow
- +$832.1M
- Buyers
- 308
- Sellers
- 177
- Total Bought
- +$1.6B
- Total Sold
- −$745.5M
- Avg Position
- $22.4M
Biggest Buyers
| Institution | Net Bought |
|---|---|
ENVESTNET ASSET MANAGEMENT INC Long Only Manager | +$579.1M +5.6M shares |
L LPL Financial LLC Institution | +$234.2M +2.3M shares |
Cetera Investment Advisers RIA/Wealth | +$69.6M +675.5K shares |
MORGAN STANLEY RIA/Wealth | +$54.5M +529.1K shares |
JPMORGAN CHASE & CO Institution | +$49.6M +481.3K shares |
 PARK AVENUE SECURITIES LLC RIA/Wealth | +$49.1M +476.3K shares |
 Goss Wealth Management LLC RIA/Wealth | +$41.4M +402.2K shares |
 MML INVESTORS SERVICES, LLC RIA/Wealth | +$40.7M +395.3K shares |
 Bank of New York Mellon Corp Institution | +$24.8M +240.5K shares |
 Dynasty Wealth Management, LLC Fund of Funds | +$20.9M +203.0K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
BANK OF AMERICA CORP /DE/ Institution | −$191.0M −1.9M shares |
WELLS FARGO & COMPANY/MN Institution | −$105.4M −1.0M shares |
I Itau Unibanco Holding S.A. Institution | −$66.9M −649.6K shares |
 Richard Bernstein Advisors LLC Long Only Manager | −$65.5M −633.4K shares |
F FIRST CITIZENS BANK & TRUST CO Institution | −$64.0M −621.4K shares |
 Vestmark Advisory Solutions, Inc. Fund of Funds | −$25.0M −242.3K shares |
 HighTower Advisors, LLC RIA/Wealth | −$24.5M −237.6K shares |
B BENJAMIN EDWARDS INC Institution | −$23.6M −229.5K shares |
 Envestnet Portfolio Solutions, Inc. Long Only Manager | −$22.4M −217.7K shares |
S STIFEL FINANCIAL CORP Long Only Manager | −$20.8M −201.8K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited TLH in Q3 2025
- New Positions
- 50
- New Value
- $100.5M
- Exited Positions
- 36
- Exited Value
- $28.5M
New Positions
| Institution | Position Value |
|---|---|
 HAMILTON CAPITAL PARTNERS, LLC RIA/Wealth | $61.9M 600.8K shares |
V Vise Technologies, Inc. Institution | $6.4M 62.3K shares |
 Shilanski & Associates, Inc. RIA/Wealth | $5.0M 48.5K shares |
 ASHTON THOMAS SECURITIES, LLC RIA/Wealth | $4.1M 40.1K shares |
S STATE FARM MUTUAL AUTOMOBILE INSURANCE CO Institution | $4.0M 38.8K shares |
 A4 Wealth Advisors LLC RIA/Wealth | $3.7M 36.1K shares |
 Lansing Street Advisors RIA/Wealth | $1.9M 18.2K shares |
 HBK Sorce Advisory LLC Hedge Fund•Multi-Strategy | $1.7M 16.8K shares |
 Mach-1 Financial Group, Inc. RIA/Wealth | $1.2M 11.6K shares |
 Integrity Advisory Solutions, LLC RIA/Wealth | $1.2M 11.6K shares |
Exited Positions
| Institution | Previous Position |
|---|---|
P Phoenix Holdings Ltd. Institution | $6.8M 67.1K shares |
 First Citizens Asset Management, Inc. RIA/Wealth | $2.9M 28.4K shares |
R Robertson Stephens Wealth Management, LLC Institution | $2.1M 20.6K shares |
$1.7M 17.6K shares | |
J JANE STREET GROUP, LLC Institution | $1.4M 13.4K shares |
 Walkner Condon Financial Advisors LLC RIA/Wealth | $1.2M 12.0K shares |
 MILESTONE ASSET MANAGEMENT, LLC RIA/Wealth | $1.1M 11.2K shares |
 Buckingham Strategic Partners RIA/Wealth | $991.4K 9.8K shares |
T TOWNSQUARE CAPITAL LLC RIA/Wealth | $928.8K 9.1K shares |
 PFG Financial Advisors RIA/Wealth | $865.0K 8.5K shares |
Options Activity
Institutions with the largest Call and Put options positions in TLH as of Q3 2025
- Call Positions
- 4
- Call Value
- $7.7M
- Put Positions
- 3
- Put Value
- $3.3M
Call Positions
| Institution | Position Value |
|---|---|
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $5.5M 538.0 contracts |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $1.7M 164.0 contracts |
J JANE STREET GROUP, LLC Institution | $442.9K 43.0 contracts |
W WOLVERINE TRADING, LLC Institution | - - contracts |
Put Positions
| Institution | Position Value |
|---|---|
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | $2.4M 237.0 contracts |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $823.9K 80.0 contracts |
W WOLVERINE TRADING, LLC Institution | - - contracts |
Most Committed Institutions
Institutions with TLH as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
HAMILTON CAPITAL PARTNERS, LLC RIA/Wealth | 23.74% $61.9M |
Forum Financial Management, LP RIA/Wealth | 11.29% $825.1M |
W Watchman Group, Inc. Institution | 6.29% $26.0M |
K Kelly Financial Services LLC RIA/Wealth | 5.39% $20.1M |
 High Falls Advisors, Inc RIA/Wealth | 3.69% $17.4M |
 ARGI Investment Services, LLC Fund of Funds | 3.42% $67.0M |
T Tidemark, LLC RIA/Wealth | 3.41% $11.5M |
T True Vision MN LLC Institution | 3.36% $6.2M |
 ONE Advisory Partners, LLC RIA/Wealth | 3.32% $10.5M |
S Sheridan Capital Management, LLC RIA/Wealth | 3.30% $6.3M |
Hedge Fund Spotlight
Discover hedge funds investing in TLH
HBK Sorce Advisory LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerMatthew Atcheson Leffers
- Portfolio Value
- $4.1B
- Positions
- 732
- Last Reported
- Q3 2025
Sector Allocation
I
Position in iShares 10-20 Year Treasury Bond
- Market Value
- $1.7M
- Shares Held
- 16.8K
- Portfolio Weight
- 0.04%
- Owned Since
- 2025-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
ETF ETF | $897.0M | 21.96% | |
ETF ETF | $680.4M | 16.66% | |
ETF ETF | $464.3M | 11.37% |
