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

MSF Capital’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 Q4	–	Sell	-51,509	Closed	-$2.9M	–	61
2014 Q3	$2.9M	Buy	51,509 +22,720	+79%	+$1.32M	0.68%	31
2014 Q2	$1.75M	Sell	28,789 -1,173	-4%	-$74.7K	0.39%	35
2014 Q1	$2.02M	Buy	+29,962	New	+$2.14M	0.46%	34

Other funds holding TBT

NSLI

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

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

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

IWC

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

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

PAM

PVG Asset Management Golden, Colorado $173M AUM 64.51% 1-Year Est. Return

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

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

TAM

Trust Asset Management Houston, Texas $1.61B AUM 29.06% 1-Year Est. Return

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

MSF Capital's TBT Position: Q4 2014 in Review

MSF Capital sold out of ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) in Q4 2014, closing a stake of 51,509 shares — an estimated $2.9M sold.

MSF Capital first reported a position in TBT in Q1 2014 and held it in 3 quarters. The position peaked at $2.9M in Q3 2014. 153 funds tracked by Wall St. Rank hold TBT as of Q4 2014.

MSF Capital reported no remaining ProShares Trust UltraShort Lehman 20+ Year Treasury position as of Q4 2014 after selling out during the quarter.
MSF Capital sold 51,509 ProShares Trust UltraShort Lehman 20+ Year Treasury shares in Q4 2014, an estimated $2.9M.
MSF Capital first reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury in Q1 2014 and held it in 3 quarters.
MSF Capital's ProShares Trust UltraShort Lehman 20+ Year Treasury position peaked at $2.9M in Q3 2014.
153 funds tracked by Wall St. Rank held ProShares Trust UltraShort Lehman 20+ Year Treasury as of Q4 2014.

Based on MSF Capital's 13F filing for Q4 2014, filed 12 Feb 2015.