ProShares Short 20+ Year Treasury ETF
73 hedge funds and large institutions have $190M invested in ProShares Short 20+ Year Treasury ETF in 2016 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 13 increasing their positions, 22 reducing their positions, and 13 closing their positions.
52% more capital invested
Capital invested by funds: $125M → $190M (+$65.2M)
31% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 13
24% more call options, than puts
Call options by funds: $1.33M | Put options by funds: $1.07M
9.3% more ownership
Funds ownership: 21.45% → 30.75% (+9.3%)
4% more funds holding
Funds holding: 70 → 73 (+3)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
41% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$44.6M |
| 2 |
CI
Clal Insurance
Tel-Aviv,
Israel
|
+$10.6M |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$6.64M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$6.43M |
| 5 |
Morgan Stanley
New York
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$6.43M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$3.93M |
| 3 |
LPL Financial
San Diego,
California
|
-$2.53M |
| 4 |
NC
NBW Capital
Boston,
Massachusetts
|
-$1.49M |
| 5 |
M&T Bank
Buffalo,
New York
|
-$816K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
First Trust Advisors
Wheaton,
Illinois
| – | -$370K | -16,315 | Closed |
|
|
ACM
77
Argentus Capital Management
Dallas,
Texas
| – | -$335K | -13,564 | Closed |
|
|
ACM
78
Aviance Capital Management
Sarasota,
Florida
| – | -$279K | -12,327 | Closed |
|
|
AIM
79
Astor Investment Management
Chicago,
Illinois
| – | -$258K | -11,393 | Closed |
|
80
Citigroup
New York
| – | -$92.6K | -4,154 | -99% |
|
81
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$91K | -4,000 | Closed |
|
|
AIG
82
American International Group
New York
| – | -$42K | -1,893 | Closed |
|
|
FAM
83
Formidable Asset Management
Cincinnati,
Ohio
| – | -$37K | -1,615 | Closed |
|
|
DBT
84
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$21K | -922 | Closed |
|
|
FCCM
85
First City Capital Management
Savannah,
Georgia
| – | -$11.3K | -500 | Closed |
|
|
CBT
86
Central Bank & Trust
Lexington,
Kentucky
| – | -$6K | -250 | Closed |
|
TBF Hedge Fund Activity: Q2 2016 in Review
73 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q2 2016, worth a combined $190M — up 52% from $125M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new TBF positions and 13 closed out — a net gain of 4 holders — while 13 added to existing stakes and 22 trimmed.
The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $44.6M. The largest seller was Virtu Financial, exiting entirely with an estimated $6.43M sold.
- 73 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q2 2016, up from 70 in Q1 2016.
- Funds reported $190M of ProShares Short 20+ Year Treasury ETF stock for Q2 2016, up 52% quarter-over-quarter.
- 17 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q2 2016 and 13 closed out, a net change of +4 holders.
- The largest ProShares Short 20+ Year Treasury ETF buyer in Q2 2016 was Nan Shan Life Insurance, an estimated $44.6M added.
- The largest ProShares Short 20+ Year Treasury ETF seller in Q2 2016 was Virtu Financial, an estimated $6.43M sold.
Based on aggregated 13F filings for Q2 2016.