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ProShares Short 20+ Year Treasury ETF

101 hedge funds and large institutions have $653M invested in ProShares Short 20+ Year Treasury ETF in 2013 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 32 increasing their positions, 24 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 510 (+5)

79% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 14

33% more repeat investments, than reductions

Existing positions increased: 32 | Existing positions reduced: 24

29% more capital invested

Capital invested by funds: $506M → $653M (+$147M)

11% more funds holding

Funds holding: 91101 (+10)

3.76% more ownership

Funds ownership: 34.99%38.75% (+3.8%)

76% less call options, than puts

Call options by funds: $1.31M | Put options by funds: $5.48M

Holders
101
Holders Change
+10
Holders Change %
+10.99%
% of All Funds
2.93%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.29%
New
25
Increased
32
Reduced
24
Closed
14
Calls
$1.31M
Puts
$5.48M
Net Calls
-$4.17M
Net Calls Change
-$2.14M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$165M +$21.3M +658,961 +15%
U
2
UBS
Switzerland
$84.8M +$22.2M +688,067 +36%
Wells Fargo
3
Wells Fargo
California
$74.2M +$14.9M +462,607 +26%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$68M +$12M +372,448 +22%
BC
5
Brinker Capital
Pennsylvania
$33.9M +$28.9M +895,847 +669%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$26.7M +$3.08M +95,466 +13%
WIM
7
Weitz Investment Management
Nebraska
$16.5M +$5.49M +170,000 +52%
LPL Financial
8
LPL Financial
California
$15.6M +$3.64M +112,608 +31%
JP Morgan Chase
9
JP Morgan Chase
New York
$15.5M +$9.79M +303,110 +179%
MFW
10
Meristem Family Wealth
Minnesota
$10.9M -$2.49K -77 -0%
BSWMG
11
Barrington Strategic Wealth Management Group
Illinois
$10.4M +$1.35M +41,890 +15%
First Eagle Investment Management
12
First Eagle Investment Management
New York
$8.82M -$1.62M -50,175 -16%
Bank of America
13
Bank of America
North Carolina
$8.18M +$394K +12,206 +5%
RJA
14
Raymond James & Associates
Florida
$7.01M +$778K +24,085 +13%
COPM
15
Charter Oak Partners Management
Connecticut
$6.56M +$6.44M +199,422 New
Mirae Asset Global Investments
16
Mirae Asset Global Investments
South Korea
$6.25M +$4.48M +138,700 +270%
ACM
17
Alpha Capital Management
Texas
$6.13M +$198K +6,139 +3%
CS
18
Credit Suisse
Switzerland
$5.99M -$59.7K -1,848 -1%
VP
19
Value Partners
Hong Kong
$5.93M +$5.82M +180,200 New
Goldman Sachs
20
Goldman Sachs
New York
$5.91M +$1.83M +56,489 +46%
LOM
21
Loeb Offshore Management
New York
$5.44M +$2.77M +85,655 +108%
VF
22
Virtu Financial
New York
$4.73M +$792K +24,497 +21%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$4.45M -$740K -22,908 -14%
IFWM
24
Institute for Wealth Management
Colorado
$3.91M -$532K -16,453 -12%
CA
25
Commerzbank Aktiengesellschaft
Germany
$3.86M

TBF Hedge Fund Activity: Q4 2013 in Review

101 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q4 2013, worth a combined $653M — up 29% from $506M a quarter earlier.

Buyers outnumbered sellers: 25 funds opened new TBF positions and 14 closed out — a net gain of 11 holders — while 32 added to existing stakes and 24 trimmed.

The largest buyer was Brinker Capital, adding an estimated $28.9M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $4.57M sold.

  • 101 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q4 2013, up from 91 in Q3 2013.
  • Funds reported $653M of ProShares Short 20+ Year Treasury ETF stock for Q4 2013, up 29% quarter-over-quarter.
  • 25 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q4 2013 and 14 closed out, a net change of +11 holders.
  • The largest ProShares Short 20+ Year Treasury ETF buyer in Q4 2013 was Brinker Capital, an estimated $28.9M added.
  • The largest ProShares Short 20+ Year Treasury ETF seller in Q4 2013 was Susquehanna International Group, an estimated $4.57M sold.

Based on aggregated 13F filings for Q4 2013.