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TLT

iShares 20+ Year Treasury Bond ETF

Sector: financeAsset Management - BondsNASDAQMarket Cap: $44.93B

TLT is an ETF tracking long-term US Treasury bonds, with direct executive branch exposure evidenced by holdings from two senior officials, including a $100K-$250K position by JD Vance.

Govt Dependence
95/100
Regulatory Density
85/100
Lobbying Intensity
0/100
Political Signal
NEUTRAL

BusinessWhat TLT does

The iShares 20+ Year Treasury Bond ETF (TLT) provides exposure to long-dated U.S. Treasury bonds, generating returns from bond price movements and interest payments. Its revenue is derived from the fund's expense ratio, applied to its ~$44.9B in assets under management. The fund's performance is a direct function of interest rates and fiscal policy.

12 months past · 3 months futureTLT activity timeline

$95$88$81 JunJulAugSepOctNovDecJan '26FebMarAprMayJunJulAug ↓ PAST — recorded activity ↑ FUTURE — scheduled markups · pending votes TODAY · May 18 $92.06 hi $83.97 lo $85.61 CONGRESS 18 INSIDERS 0 13F FUNDS 0 BILLS 29 John Boozman (R) · sale · 2025-09-16John Boozman (R) · Sale (Partial) · 2025-09-16John Boozman (R) · purchase · 2025-08-01John Boozman (R) · Purchase · 2025-08-01 HR.1549 · committee · 2025-07-24 MARKUP · Senate Budget · 2026-05-20MARKUP · House Financial Services Subcommittee on Digital Assets, Fin · 2026-05-20MARKUP · House Financial Services Subcommittee on Capital Markets · 2026-05-20MARKUP · House Financial Services Subcommittee on National Security, · 2026-05-21
Congress
buy sell
Insider · Form 4
open-market buy
Hedge fund · 13F
opened + added − trimmed closed holds
Bills
past action (this ticker) upcoming markup (sector) carveout (this ticker)
240 trading days · 4 congressional trades shown · 0 insider buys · 0 13F filings · 1 past bill actions · 4 upcoming markups

Executive Branch ConflictsTLT held by Trump-administration officials

Lifetime Government AwardsTLT federal contracts

TLT doesn't hold direct federal contracts.

Verified via USASpending.gov: $0 reported in direct prime-contract awards. Companies in this position typically sell federal services indirectly through prime contractors and integrators (e.g., Lockheed Martin, Booz Allen, Microsoft Azure) or through commercial channels that don't appear in USASpending data.

Politicians Trading TLTMembers of Congress with recent TLT positions

1 politicians traded TLT across 6 disclosed transactions totaling $97K (last 730 days). Greed score = composite of trade frequency, volume & recency across the politician's entire history (not just TLT). 0-30 LOW · 30-60 MID · 60+ HIGH.

Congressional TradesWho in Congress is trading TLT

2025-09-16 John Boozman R-Arkansas · senate sale $15,001 - $50,000
2025-09-16 John Boozman R-Arkansas · senate Sale (Partial) $15,001 - $50,000
2025-08-01 John Boozman R-Arkansas · senate purchase $1,001 - $15,000
2025-08-01 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2024-09-06 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2024-09-06 John Boozman R-Arkansas · senate purchase $1,001 - $15,000
2024-02-20 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000 78d late
2024-02-20 John Boozman R-Arkansas · senate purchase $1,001 - $15,000 78d late
2023-11-07 John Boozman R-Arkansas · senate purchase $1,001 - $15,000
2023-11-07 John Boozman R-Arkansas · senate Purchase $1,001 - $15,000
2023-11-29 John Boozman R-Arkansas · senate sale $1,001 - $15,000
2023-11-29 John Boozman R-Arkansas · senate Sale (Partial) $1,001 - $15,000
18+ trades on file · most recent 2025-10-10

Corporate Insiders · Form 4What CEOs, CFOs, and directors are doing with their own stock

No Form 4 activity recorded in the last 180 days.

Bills Affecting TLTLive legislation impacting this stock

Political ProfileWhere TLT sits in Washington

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STRUCTURAL: High government dependence (95) and regulatory density (85) due to underlying Treasury market. EVIDENTIARY: Direct executive branch holdings (2 filers, including a $100K-$250K position) and active congressional trading (1 member, 4 trades). Net: Strong policy linkage but no directional lobbying or insider buys to signal conviction.

Regulatory ExposureThreats & opportunities

Regulatory threats

  • Legislative changes to Treasury market structure or debt issuance
    U.S. Congress / Treasury Department
    "8 recent bills in finance sector with non-zero impact_ratio per Recent bill_impacts array."

Regulatory opportunities

  • Flight-to-safety flows during market stress increase demand for long-duration Treasuries
    Federal Reserve / Treasury Department
    "Executive branch holdings (get_executive_branch_exposure.by_ticker[0]) indicate institutional use as a policy-aligned asset."

Capitol Hill AlliesChampions & critics

Congressional champions

Congressional critics

  • No specific congressional critics identified.
Member intelligence layer

Live signals + predictions for TLT — for Founders

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Frequently AskedAbout TLT & political exposure

Does iShares 20+ Year Treasury Bond ETF (TLT) hold federal contracts?
No direct prime contracts reported in USASpending.gov for iShares 20+ Year Treasury Bond ETF. Companies in the semiconductor and AI hardware sectors often sell to the federal government via prime contractors and cloud resellers (Microsoft Azure, AWS, Lockheed Martin systems integration) rather than as direct primes.
Which Trump cabinet officials own TLT stock?
2 Trump cabinet members or senior White House staff have disclosed holdings in TLT on their OGE 278 financial disclosures, including Jamieson Greer, JD Vance. See the Cabinet Conflicts panel for details.
Has Congress traded TLT stock?
18 congressional trades by 4 unique members of Congress, most recently on 2025-09-16. See the Congressional Trading panel for politician-by-politician breakdown.
What is TLT political risk profile?
Government dependence: 95/100. Lobbying intensity: 0/100. Political signal: neutral. Donor party split: R 0% / D 0%.
How does GovGreed track TLT political activity?
GovGreed integrates STOCK Act congressional trade disclosures, FEC contributions, OGE executive-branch disclosures, USASpending federal contracts, Senate LDA lobbying filings, and SEC Form 4 corporate insider trades into a single queryable graph. TLT data is updated daily from these official federal sources.