Raffles Associates’s ProShares Trust UltraShort Lehman 20+ Year Treasury TBT Stock Holding History

Raffles 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
2019 Q4	–	Sell	-315,000	Closed	-$7.67M	–	60
2019 Q3	$7.67M	Buy	315,000 +180,000	+133%	+$4.74M	7.31%	3
2019 Q2	$3.91M	Buy	+135,000	New	+$4.31M	4.01%	7
2018 Q3	–	Sell	-175,000	Closed	-$6.29M	–	55
2018 Q2	$6.29M	Buy	+175,000	New	+$6.55M	5.46%	7
2016 Q4	–	Sell	-50,000	Closed	-$1.58M	–	55
2016 Q3	$1.58M	Buy	+50,000	New	+$1.57M	1.09%	25

Other funds holding TBT

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Bramshill Investments Naples, Florida $1.16B AUM 0.86% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

IMC Chicago Chicago, Illinois $278B AUM 44.93% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Cumberland Advisors Sarasota, Florida $255M AUM 23.24% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

TCM

Tuttle Capital Management Riverside, Connecticut $60.8M AUM 17.47% 1-Year Est. Return

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Raffles Associates's TBT Position: Q4 2019 in Review

Raffles Associates sold out of ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) in Q4 2019, closing a stake of 315,000 shares — an estimated $7.67M sold.

Raffles Associates first reported a position in TBT in Q3 2016 and held it in 4 quarters. The position peaked at $7.67M in Q3 2019. 87 funds tracked by Wall St. Rank hold TBT as of Q4 2019.

Raffles Associates reported no remaining ProShares Trust UltraShort Lehman 20+ Year Treasury position as of Q4 2019 after selling out during the quarter.
Raffles Associates sold 315,000 ProShares Trust UltraShort Lehman 20+ Year Treasury shares in Q4 2019, an estimated $7.67M.
Raffles Associates first reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury in Q3 2016 and held it in 4 quarters.
Raffles Associates's ProShares Trust UltraShort Lehman 20+ Year Treasury position peaked at $7.67M in Q3 2019.
87 funds tracked by Wall St. Rank held ProShares Trust UltraShort Lehman 20+ Year Treasury as of Q4 2019.

Based on Raffles Associates's 13F filing for Q4 2019, filed 14 Feb 2020.