L. Roy Papp & Associates’s ProShares Trust UltraShort Lehman 20+ Year Treasury TBT Stock Holding History

L. Roy Papp & Associates’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
2018 Q4	–	Sell	-12,500	Closed	-$479K	–	153
2018 Q3	$479K	Hold	12,500	–	–	0.09%	114
2018 Q2	$449K	Hold	12,500	–	–	0.08%	115
2018 Q1	$453K	Buy	12,500 +6,500	+108%	+$242K	0.09%	119
2017 Q4	$203K	Hold	6,000	–	–	0.04%	148
2017 Q3	$213K	Hold	6,000	–	–	0.05%	125
2017 Q2	$215K	Hold	6,000	–	–	0.05%	142
2017 Q1	$235K	Hold	6,000	–	–	0.05%	128
2016 Q4	$245K	Buy	+6,000	New	+$227K	0.06%	139

Other funds holding TBT

Bramshill Investments Naples, Florida $1.31B AUM 1.2% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $1.28T AUM 58.89% 1-Year Est. Return

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

GWM

Geneos Wealth Management Englewood, Colorado $4.9B AUM 23.65% 1-Year Est. Return

SFS

Sowell Financial Services North Little Rock, Arkansas $3.06B AUM 30.02% 1-Year Est. Return

Renaissance Technologies New York $72.6B AUM 54.88% 1-Year Est. Return

Citadel Advisors Miami, Florida $875B AUM 40.91% 1-Year Est. Return

BFIC

Bedell Frazier Investment Counselling Walnut Creek, California $495M AUM 29.32% 1-Year Est. Return

Cumberland Advisors Sarasota, Florida $284M AUM 27.11% 1-Year Est. Return

Goldman Sachs New York $1.15T AUM 47.82% 1-Year Est. Return

L. Roy Papp & Associates's TBT Position: Q4 2018 in Review

L. Roy Papp & Associates sold out of ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) in Q4 2018, closing a stake of 12,500 shares — an estimated $479K sold.

L. Roy Papp & Associates first reported a position in TBT in Q4 2016 and held it in 8 quarters. The position peaked at $479K in Q3 2018. 116 funds tracked by Wall St. Rank hold TBT as of Q4 2018.

L. Roy Papp & Associates reported no remaining ProShares Trust UltraShort Lehman 20+ Year Treasury position as of Q4 2018 after selling out during the quarter.
L. Roy Papp & Associates sold 12,500 ProShares Trust UltraShort Lehman 20+ Year Treasury shares in Q4 2018, an estimated $479K.
L. Roy Papp & Associates first reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury in Q4 2016 and held it in 8 quarters.
L. Roy Papp & Associates's ProShares Trust UltraShort Lehman 20+ Year Treasury position peaked at $479K in Q3 2018.
116 funds tracked by Wall St. Rank held ProShares Trust UltraShort Lehman 20+ Year Treasury as of Q4 2018.

Based on L. Roy Papp & Associates's 13F filing for Q4 2018, filed 13 Feb 2019.