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ProShares Short 20+ Year Treasury ETF

89 hedge funds and large institutions have $316M invested in ProShares Short 20+ Year Treasury ETF in 2014 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 17 increasing their positions, 35 reducing their positions, and 29 closing their positions.

New
Increased
Maintained
Reduced
Closed

6.06% less ownership

Funds ownership: 32.24%26.18% (-6.1%)

9% less funds holding

Funds holding: 9889 (-9)

24% less first-time investments, than exits

New positions opened: 22 | Existing positions closed: 29

40% less capital invested

Capital invested by funds: $526M → $316M (-$210M)

51% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 35

78% less funds holding in top 10

Funds holding in top 10: 92 (-7)

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1.61M

Holders
89
Holders Change
-9
Holders Change %
-9.18%
% of All Funds
2.37%
Holding in Top 10
2
Holding in Top 10 Change
-7
Holding in Top 10 Change %
-77.78%
% of All Funds
0.05%
New
22
Increased
17
Reduced
35
Closed
29
Calls
Puts
$1.61M
Net Calls
-$1.61M
Net Calls Change
+$49K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$67.2M -$43.7M -1,654,726 -38%
UBS Group
2
UBS Group
Switzerland
$49.7M +$52.1M +1,975,393 New
Wells Fargo
3
Wells Fargo
California
$35.4M -$22.9M -867,329 -38%
MNA
4
Manning & Napier Advisors
New York
$33M
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$20.5M -$3.6M -136,551 -14%
Bank of Montreal
6
Bank of Montreal
Ontario, Canada
$13.2M -$16.7M -632,285 -55%
LPL Financial
7
LPL Financial
California
$9.53M -$801K -30,375 -7%
JP Morgan Chase
8
JP Morgan Chase
New York
$7.66M -$4.08M -154,539 -34%
First Eagle Investment Management
9
First Eagle Investment Management
New York
$6.74M
SI
10
Sentry Investments
Ontario, Canada
$5.79M
BSWMG
11
Barrington Strategic Wealth Management Group
Illinois
$5.16M -$2M -75,780 -27%
VF
12
Virtu Financial
New York
$3.77M +$3.96M +149,951 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.33M -$4.61M -174,576 -57%
MIM
14
Macroview Investment Management
Maryland
$3.17M +$503K +19,075 +18%
JG
15
Jefferies Group
New York
$3.14M +$3.3M +125,000 New
Allianz Asset Management
16
Allianz Asset Management
Germany
$3.02M
KC
17
Kingfisher Capital
North Carolina
$2.48M +$8.07K +306 +0.3%
LTFS
18
Ladenburg Thalmann Financial Services
Florida
$2.28M -$2.29M -86,768 -49%
SCM
19
Seamans Capital Management
Massachusetts
$2.24M +$5.28K +200 +0.2%
SCA
20
Strategic Capital Alternatives
United States
$2.13M +$2.19M +82,918 +5,322%
HighTower Advisors
21
HighTower Advisors
Illinois
$2.12M +$1.98M +75,039 +710%
SC
22
Scotia Capital
Ontario, Canada
$2.11M -$1.5M -56,971 -40%
HSBC Holdings
23
HSBC Holdings
United Kingdom
$1.95M +$2.04M +77,500 New
VKH
24
Virtu KCG Holdings
New York
$1.68M +$1.37M +51,996 +350%
Cambridge Investment Research Advisors
25
Cambridge Investment Research Advisors
Iowa
$1.58M -$347K -13,143 -17%

TBF Hedge Fund Activity: Q4 2014 in Review

89 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q4 2014, worth a combined $316M — down 40% from $526M a quarter earlier.

Sellers outnumbered buyers: 29 funds closed out of TBF and 22 opened new positions — a net loss of 7 holders — while 35 trimmed existing stakes and 17 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $3.96M. The largest seller was Morgan Stanley, cutting an estimated $43.7M.

  • 89 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q4 2014, down from 98 in Q3 2014.
  • Funds reported $316M of ProShares Short 20+ Year Treasury ETF stock for Q4 2014, down 40% quarter-over-quarter.
  • 22 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q4 2014 and 29 closed out, a net change of -7 holders.
  • The largest ProShares Short 20+ Year Treasury ETF buyer in Q4 2014 was Virtu Financial, an estimated $3.96M added.
  • The largest ProShares Short 20+ Year Treasury ETF seller in Q4 2014 was Morgan Stanley, an estimated $43.7M sold.

Based on aggregated 13F filings for Q4 2014.