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ProShares Short 20+ Year Treasury ETF

Fund managers haven’t disclosed any holdings of TBF yet.

TBF Hedge Fund Activity: Q1 2026 in Review

37 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q1 2026, worth a combined $25.1M — up 103% from $12.3M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new TBF positions and 5 closed out — a net gain of 7 holders — while 7 added to existing stakes and 6 trimmed.

The largest buyer was Advisors Preferred, opening a new position worth an estimated $2.45M. The largest seller was Jane Street, cutting an estimated $630K.

  • 37 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q1 2026, up from 30 in Q4 2025.
  • Funds reported $25.1M of ProShares Short 20+ Year Treasury ETF stock for Q1 2026, up 103% quarter-over-quarter.
  • 12 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q1 2026 and 5 closed out, a net change of +7 holders.
  • The largest ProShares Short 20+ Year Treasury ETF buyer in Q1 2026 was Advisors Preferred, an estimated $2.45M added.
  • The largest ProShares Short 20+ Year Treasury ETF seller in Q1 2026 was Jane Street, an estimated $630K sold.

Based on aggregated 13F filings for Q1 2026.