Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Ishares Tr (TLT)

1K + Investors. Track Smart Money conviction in TLT. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -52
Streak
1Q ▼
Buyers last Q
48%

Smart Money Signals — TLT

Based on 1121 hedge funds · latest filing: 2026 Q1 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their TLT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 94% of 3.0Y peak

94% of all-time peak
1,121 funds currently hold this stock — 94% of the 3.0-year high of 1,195 funds (reached 2024 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📉

Outflows — 5% fewer funds vs a year ago

fund count last 6Q
55 fewer hedge funds hold TLT compared to a year ago (-5% decline). When institutions consistently reduce their exposure, it's worth exploring the underlying fundamental reasons driving them away.
🟠

More sellers than buyers — 48% buying

593 buying630 selling
Last quarter: 630 funds reduced or exited vs 593 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.
⚠️

Fewer new buyers each quarter (-71 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 155 → 151 → 200 → 129. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

62% of holders stayed for 2+ years

■ 62% conviction (2yr+) ■ 21% medium ■ 16% new
699 out of 1,121 hedge funds have held TLT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~129 new funds/quarter

192 → 155 → 151 → 200 → 129 new funds/Q
New funds entering each quarter: 155 → 151 → 200 → 129. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 68% veterans vs 19% newcomers

■ 68% veterans ■ 14% 1-2yr ■ 19% new
Entry-cohort mix of 1,225 holders: 827 (68%) are 2+ year veterans, 166 entered 1–2 years ago, and 232 (19%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 65% AUM from top-100 funds

65% from top-100 AUM funds
43 of 1082 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in TLT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.2
out of 10
Low Exit Risk
Exit risk score 3.2/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — TLT

In 2026 Q1, 593 hedge funds were net buyers of TLT (129 opened a new position, 464 added to an existing one), while 630 reduced or exited (449 trimmed, 181 sold completely) — a 48% buyer ratio, indicating roughly balanced activity. 65% of total institutional value in TLT is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -52 funds (more exits than new entries). Total institutional holders: 1121.

Hedge Fund Ownership: TLT

How many hedge funds hold TLT — quarterly history vs. share price
Quarterly hedge fund ownership of TLT vs. share price

Market Analysis: TLT

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: TLT

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Ishares Tr (TLT) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much TLT has moved relative to its sector benchmark (SPY) since the 2026 Q1 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End March 31, 2026 · 75d ago
TLT
-1.1%
SPY
+14.1%

TLT outperformed SPY by -15.2% since March 31, 2026.

Since 13F Filing Date May 15, 2026 · 30d ago
TLT
+2.9%
SPY
+0.3%

Since the filing became public, TLT outperformed SPY by +2.6% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

37 top-rated funds 44 high-conviction
Consensus
6.9
/ 10
breadth
×
Elite
4.5
/ 10
conviction
Hedge Fund Positioning: TLT
1K + Investors

Track Smart Money conviction in TLT. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 1108 1173 -5.54%
13F Shares 756M 723M 4.62%
Total Value $63.84B $62.20B 2.62%
New Positions 125 200 -75
Increased Positions 440 443 -3
Closed Positions 190 154 +36
Reduced Positions 411 420 -9
Total Calls 82 69 18.84%
Total Puts 61 65 -6.15%
PUT/CALL Ratio 0.74 0.94 Neutral

Statistics: TLT

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Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

1K + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in TLT. Verified SEC 13F-HR filings.

QUARTER:
Top 25 TLT holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Pureheart Capital Pte Ltd. 100.00% 5,300,000 $459.5M
2 Metavasi Capital LP 39.21% 1,249,500 $108.3M
3 Brigade Capital Management, LP 22.05% 2,050,000 $177.7M
4 Cadence Wealth Management LLC 19.96% 551,775 $47.8M
5 MY Wealth Management Inc. 15.13% 171,721 $15.6M
6 Sona Asset Management (us) LLC 14.95% 8,181,400 $709.2M
7 SHEPHERD WEALTH MANAGEMENT Ltd LIABILITY Co 13.81% 216,130 $18.4M
8 Waratah Capital Advisors Ltd. 13.26% 4,016,100 $348.2M
9 Glenorchy Capital Ltd 12.30% 2,433,200 $210.9M
10 Masters Capital Management LLC 11.46% 4,000,000 $346.8M
11 Insight 2811, INC. 9.83% 271,172 $23.5M
12 Investment Management Associates Inc /Adv 9.51% 460,500 $39.9M
13 Ally Financial Inc. 9.42% 873,000 $75.7M
14 Moore Capital Management, LP 8.81% 5,000,000 $433.4M
15 Nolet Wealth Management, LLC 8.67% 175,686 $15.2M
16 Cultivar Capital, INC. 8.61% 155,375 $13.5M
17 GenWealth Group, Inc. 8.57% 577,770 $50.1M
18 Sjbenen Advisory, LLC 8.13% 112,400 $9.7M
19 Rafferty Asset Management, LLC 8.11% 23,042,423 $2.00B
20 New Harbor Financial Group, LLC 7.36% 481,593 $41.7M
21 Disciplina Capital Management LLC 7.31% 795,504 $69.0M
22 Bci Securities, INC. 7.09% 8,305 $720K
23 Intrepid Family Office LLC 7.01% 100,000 $8.7M
24 Teucrium Investment Advisors, LLC 6.97% 104,036 $9.0M
25 Granby Capital Management, LLC 6.86% 138,000 $12.0M
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Ishares Tr (TLT)

What does the Smart Money Trend signal show for TLT?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their TLT positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for TLT?

More sellers than buyers — 48% buying: Last quarter: 630 funds reduced or exited vs 593 that bought or added. When more than half of active funds are selling, it's a caution flag — especially if the stock price hasn't moved down yet.

What is the fund quality score for TLT holders?

Elite ownership — 65% AUM from top-100 funds: 43 of 1082 holders are among the 100 largest funds by AUM, controlling 65% of total institutional value in TLT. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held TLT?

62% of holders stayed for 2+ years: 699 out of 1,121 hedge funds have held TLT for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Ishares Tr (TLT) following the 2026 Q1 hedge fund 13F filings?

As of today, TLT has moved +2.9% since the 2026 Q1 13F filing date (May 15, 2026), compared to +0.3% for the SPY sector ETF — an outperformance of +2.6%. Since the quarter end (March 31, 2026), TLT has gained -1.1% vs +14.1% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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