Aviance Capital Management’s ProShares Trust UltraShort Lehman 20+ Year Treasury TBT Stock Holding History

Aviance Capital Management’s Portfolio TBT Stock Details TBT Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-568,524	Closed	-$38.4M	–	314
2014 Q1	$38.4M	Buy	568,524 +517,855	+1,022%	+$37M	1.95%	12
2013 Q4	$4.01M	Buy	50,669 +50,395	+18,392%	+$3.85M	2.14%	9
2013 Q3	$21K	Buy	+274	New	+$21.1K	0.01%	261

Other funds holding TBT

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return

LPL Financial San Diego, California $445B AUM 25.58% 1-Year Est. Return

IWC

Integrated Wealth Counsel Carmel, California $46.5M AUM 7.34% 1-Year Est. Return

Deutsche Bank Frankfurt Am Main Ge, Germany $344B AUM 42.99% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

BOTW

Bank of the West Monterey Park, California $851M AUM 15.39% 1-Year Est. Return

NSLI

Nan Shan Life Insurance Taipei City, Taiwan $3.19B AUM 24.42% 1-Year Est. Return

Commerzbank Aktiengesellschaft Frankfurt, Germany $5B AUM 26.58% 1-Year Est. Return

AAP

Ardsley Advisory Partners Stamford, Connecticut $960M AUM 207.76% 1-Year Est. Return

Aviance Capital Management's TBT Position: Q2 2014 in Review

Aviance Capital Management sold out of ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) in Q2 2014, closing a stake of 568,524 shares — an estimated $38.4M sold.

Aviance Capital Management first reported a position in TBT in Q3 2013 and held it in 3 quarters. The position peaked at $38.4M in Q1 2014. 173 funds tracked by Wall St. Rank hold TBT as of Q2 2014.

Aviance Capital Management reported no remaining ProShares Trust UltraShort Lehman 20+ Year Treasury position as of Q2 2014 after selling out during the quarter.
Aviance Capital Management sold 568,524 ProShares Trust UltraShort Lehman 20+ Year Treasury shares in Q2 2014, an estimated $38.4M.
Aviance Capital Management first reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury in Q3 2013 and held it in 3 quarters.
Aviance Capital Management's ProShares Trust UltraShort Lehman 20+ Year Treasury position peaked at $38.4M in Q1 2014.
173 funds tracked by Wall St. Rank held ProShares Trust UltraShort Lehman 20+ Year Treasury as of Q2 2014.

Based on Aviance Capital Management's 13F filing for Q2 2014, filed 23 Jul 2014.