Who owns TLT (TLT)
Which tracked institutional funds hold TLT, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See TLT company fundamentals →
Ownership as of the 2026-Q1 13F filings. 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
271 tracked funds added or opened TLT while 275 trimmed or exited it between 2025-Q4 and 2026-Q1 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
TLT’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.5% of its own reported 13F book, while the median holder sizes it at 0.4% of theirs — a 0.1pp conviction gap — its largest holder concentrates the name more heavily than the typical one.
Book-share is each fund’s reported value in TLT divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2025-Q4 and 2026-Q1, across 1078 tracked filers holding TLT, 538 increased or opened the position and 589 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in TLT between the 2025-Q4 and 2026-Q1 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 58
- SIMPLEX TRADING, LLC$53M
- GenWealth Group, Inc.$50M
- Scarborough Advisors, LLC$24M
- LMR Partners LLP$22M
- Gladius Capital Management LP$21M
- Elequin Capital, LP$20M
Full exits 83
- Nan Shan Life Insurance Co., Ltd.$348M
- Pureheart Capital Pte Ltd.$293M
- Jump Financial, LLC$101M
- Quadrature Capital Ltd$88M
- GTS SECURITIES LLC$70M
- Capitolis Liquid Global Markets LLC$26M
Largest adds
- NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO$3.8B
- BANK OF MONTREAL /CAN/$417M
- Brevan Howard Capital Management LP$224M
- BNP PARIBAS FINANCIAL MARKETS$139M
- BlackRock, Inc.$117M
- GOLDMAN SACHS GROUP INC$111M
Largest trims
- BANK OF AMERICA CORP /DE/$2.2B
- CITADEL ADVISORS LLC$1.1B
- CITIGROUP INC$866M
- JANE STREET GROUP, LLC$795M
- MORGAN STANLEY$704M
- Rafferty Asset Management, LLC$652M
Institutional holders
One row per tracked fund, largest reported value first. “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding. Rows marked stale are from an earlier filing than the security’s latest quarter — that fund is absent from the newest snapshot (position exited, or reported under a different name).
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 84,597,929 | $7.3B | 24.2% | 2026-Q1 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added | 44,380,392 | $3.8B | 12.7% | 2026-Q1 |
| BlackRock, Inc. added | 26,429,715 | $2.3B | 7.5% | 2026-Q1 |
| Rafferty Asset Management, LLC trimmed | 23,042,423 | $2.0B | 6.6% | 2026-Q1 |
| BANK OF MONTREAL /CAN/ added | 15,673,327 | $1.4B | 4.5% | 2026-Q1 |
| UBS Group AG trimmed | 15,117,551 | $1.3B | 4.3% | 2026-Q1 |
| CITIGROUP INC trimmed | 14,831,361 | $1.3B | 4.2% | 2026-Q1 |
| MORGAN STANLEY trimmed | 11,164,372 | $968M | 3.2% | 2026-Q1 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 5,568,945 | $483M | 1.6% | 2026-Q1 |
| LPL Financial LLC added | 5,201,859 | $451M | 1.5% | 2026-Q1 |
| WELLS FARGO & COMPANY/MN added | 4,766,530 | $413M | 1.4% | 2026-Q1 |
| ENVESTNET ASSET MANAGEMENT INC added | 4,690,658 | $407M | 1.3% | 2026-Q1 |
| BARCLAYS PLC trimmed | 3,889,034 | $337M | 1.1% | 2026-Q1 |
| JPMORGAN CHASE & CO trimmed | 3,488,131 | $303M | 1.0% | 2026-Q1 |
| MACKENZIE FINANCIAL CORP trimmed | 3,197,900 | $277M | 0.9% | 2026-Q1 |
| ALLIANCEBERNSTEIN L.P. added | 3,020,419 | $263M | 0.9% | 2026-Q1 |
| AMERIPRISE FINANCIAL INC added | 2,907,009 | $258M | 0.9% | 2026-Q1 |
| RAYMOND JAMES FINANCIAL INC added | 2,763,343 | $240M | 0.8% | 2026-Q1 |
| Brevan Howard Capital Management LP added | 2,750,000 | $238M | 0.8% | 2026-Q1 |
| Harvest Portfolios Group Inc. trimmed | 2,744,301 | $238M | 0.8% | 2026-Q1 |
| GOLDMAN SACHS GROUP INC added | 2,648,721 | $230M | 0.8% | 2026-Q1 |
| BNP PARIBAS FINANCIAL MARKETS added | 2,373,581 | $206M | 0.7% | 2026-Q1 |
| STIFEL FINANCIAL CORP added | 2,301,407 | $200M | 0.7% | 2026-Q1 |
| HANTZ FINANCIAL SERVICES, INC. trimmed | 2,109,798 | $183M | 0.6% | 2026-Q1 |
| Mirae Asset Global Investments Co., Ltd. trimmed | 2,064,549 | $179M | 0.6% | 2026-Q1 |
| VANTAGEPOINT INVESTMENT ADVISERS LLC trimmed | 2,039,385 | $177M | 0.6% | 2026-Q1 |
| ROYAL BANK OF CANADA trimmed | 1,835,843 | $159M | 0.5% | 2026-Q1 |
| JANE STREET GROUP, LLC trimmed | 1,649,335 | $143M | 0.5% | 2026-Q1 |
| Janney Montgomery Scott LLC trimmed | 1,413,633 | $123M | 0.4% | 2026-Q1 |
| TRUIST FINANCIAL CORP added | 1,369,840 | $119M | 0.4% | 2026-Q1 |
| ASSETMARK, INC trimmed | 1,343,362 | $116M | 0.4% | 2026-Q1 |
| Rockefeller Capital Management L.P. trimmed | 1,253,148 | $109M | 0.4% | 2026-Q1 |
| Point72 Asset Management, L.P. added | 1,210,100 | $105M | 0.3% | 2026-Q1 |
| CITADEL ADVISORS LLC trimmed | 1,182,018 | $102M | 0.3% | 2026-Q1 |
| AIA Group Ltd trimmed | 1,012,308 | $88M | 0.3% | 2026-Q1 |
| Cetera Investment Advisers added | 982,608 | $85M | 0.3% | 2026-Q1 |
| Cambridge Investment Research Advisors, Inc. trimmed | 952,050 | $83M | 0.3% | 2026-Q1 |
| US BANCORP \DE\ added | 951,499 | $83M | 0.3% | 2026-Q1 |
| WestEnd Advisors, LLC added | 943,366 | $82M | 0.3% | 2026-Q1 |
| Ally Financial Inc. | 873,000 | $76M | 0.2% | 2026-Q1 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 849,393 | $74M | 0.2% | 2026-Q1 |
| OSAIC HOLDINGS, INC. trimmed | 830,511 | $72M | 0.2% | 2026-Q1 |
| HighTower Advisors, LLC added | 808,615 | $70M | 0.2% | 2026-Q1 |
| Disciplina Capital Management LLC added | 795,504 | $69M | 0.2% | 2026-Q1 |
| TD PRIVATE CLIENT WEALTH LLC added | 738,417 | $64M | 0.2% | 2026-Q1 |
| NATIONAL BANK OF CANADA /FI/ trimmed | 731,506 | $63M | 0.2% | 2026-Q1 |
| IHT Wealth Management, LLC added | 722,236 | $63M | 0.2% | 2026-Q1 |
| WS MANAGEMENT LLLP added | 612,300 | $53M | 0.2% | 2026-Q1 |
| SIMPLEX TRADING, LLC trimmed | 608,012 | $53M | 0.2% | 2026-Q1 |
| GenWealth Group, Inc. trimmed | 577,770 | $50M | 0.2% | 2026-Q1 |
| AlTi Global, Inc. added | 564,985 | $49M | 0.2% | 2026-Q1 |
| AE Wealth Management LLC added | 558,877 | $48M | 0.2% | 2026-Q1 |
| IFP Advisors, Inc added | 556,110 | $48M | 0.2% | 2026-Q1 |
| Cadence Wealth Management LLC trimmed | 551,775 | $48M | 0.2% | 2026-Q1 |
| STATE STREET CORP trimmed | 551,379 | $48M | 0.2% | 2026-Q1 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE trimmed | 542,350 | $47M | 0.2% | 2026-Q1 |
| Townsend & Associates, Inc added | 525,755 | $46M | 0.2% | 2026-Q1 |
| Rock Creek Group LLC added | 512,961 | $44M | 0.1% | 2026-Q1 |
| ALKEON CAPITAL MANAGEMENT LLC | 511,000 | $44M | 0.1% | 2026-Q1 |
| OLD MISSION CAPITAL LLC added | 493,061 | $43M | 0.1% | 2026-Q1 |
| PEAK6 LLC added | 491,196 | $43M | 0.1% | 2026-Q1 |
| New Harbor Financial Group, LLC added | 481,593 | $42M | 0.1% | 2026-Q1 |
| TORONTO DOMINION BANK trimmed | 480,203 | $42M | 0.1% | 2026-Q1 |
| Ocean Park Asset Management, LLC added | 459,600 | $40M | 0.1% | 2026-Q1 |
| VICTORY CAPITAL MANAGEMENT INC trimmed | 457,810 | $40M | 0.1% | 2026-Q1 |
| Marex Group plc trimmed | 457,375 | $40M | 0.1% | 2026-Q1 |
| Concurrent Investment Advisors, LLC trimmed | 448,241 | $39M | 0.1% | 2026-Q1 |
| Bank of New York Mellon Corp added | 444,657 | $39M | 0.1% | 2026-Q1 |
| MILLENNIUM MANAGEMENT LLC trimmed | 440,470 | $38M | 0.1% | 2026-Q1 |
| Bell Investment Advisors, Inc trimmed | 426,169 | $37M | 0.1% | 2026-Q1 |
| Krilogy Financial LLC added | 409,326 | $35M | 0.1% | 2026-Q1 |
| Trilogy Capital Inc. added | 392,657 | $34M | 0.1% | 2026-Q1 |
| Kestra Advisory Services, LLC trimmed | 392,161 | $34M | 0.1% | 2026-Q1 |
| MEEDER ASSET MANAGEMENT INC trimmed | 384,326 | $33M | 0.1% | 2026-Q1 |
| HSBC HOLDINGS PLC trimmed | 376,752 | $33M | 0.1% | 2026-Q1 |
| Trek Financial, LLC added | 377,582 | $33M | 0.1% | 2026-Q1 |
| JONES FINANCIAL COMPANIES LLLP added | 360,890 | $31M | 0.1% | 2026-Q1 |
| Summit Financial, LLC trimmed | 355,054 | $31M | 0.1% | 2026-Q1 |
| PRUDENTIAL PLC added | 348,168 | $30M | 0.1% | 2026-Q1 |
| Third View Private Wealth, LLC added | 342,204 | $30M | 0.1% | 2026-Q1 |
| BANCO BILBAO VIZCAYA ARGENTARIA, S.A. added | 330,442 | $28M | 0.1% | 2026-Q1 |
| Willis Johnson & Associates, Inc. added | 318,426 | $28M | 0.1% | 2026-Q1 |
| PNC FINANCIAL SERVICES GROUP, INC. trimmed | 317,709 | $28M | 0.1% | 2026-Q1 |
| DEUTSCHE BANK AG\ added | 315,000 | $27M | 0.1% | 2026-Q1 |
| Vestmark Advisory Solutions, Inc. added | 314,430 | $27M | 0.1% | 2026-Q1 |
| Avior Wealth Management, LLC added | 312,742 | $27M | 0.1% | 2026-Q1 |
| HIMENSION CAPITAL (SINGAPORE) PTE. LTD. added | 309,510 | $27M | 0.1% | 2026-Q1 |
| Farther Finance Advisors, LLC added | 303,951 | $26M | 0.1% | 2026-Q1 |
| Mariner, LLC added | 298,353 | $26M | 0.1% | 2026-Q1 |
| SUMITOMO MITSUI FINANCIAL GROUP, INC. trimmed | 295,620 | $26M | 0.1% | 2026-Q1 |
| TUDOR INVESTMENT CORP ET AL added | 295,449 | $26M | 0.1% | 2026-Q1 |
| SBI Securities Co., Ltd. trimmed | 295,062 | $26M | 0.1% | 2026-Q1 |
| Nan Shan Life Insurance Co., Ltd. | 3,997,680 | $348M | 1.1% | 2025-Q4 stale |
| Pureheart Capital Pte Ltd. new | 3,358,000 | $293M | 1.0% | 2025-Q4 stale |
| State of Tennessee, Department of Treasury trimmed | 2,218,569 | $202M | 0.7% | 2025-Q1 stale |
| Jump Financial, LLC added | 1,157,021 | $101M | 0.3% | 2025-Q4 stale |
| Money Design Co.,Ltd. trimmed | 1,063,172 | $94M | 0.3% | 2025-Q2 stale |
| Quadrature Capital Ltd added | 1,004,367 | $88M | 0.3% | 2025-Q4 stale |
| Electron Capital Partners, LLC added | 857,600 | $78M | 0.3% | 2025-Q1 stale |
| GTS SECURITIES LLC added | 807,531 | $70M | 0.2% | 2025-Q4 stale |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.