ProShares Short 20+ Year Treasury ETF
TBF
78 hedge funds and large institutions have $310M invested in ProShares Short 20+ Year Treasury ETF in 2015 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 27 increasing their positions, 19 reducing their positions, and 15 closing their positions.
173% more capital inflows, than outflows
Capital inflows: $90.9M | Capital outflows: $33.3M
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
42% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 19
5% less funds holding
Funds holding: 82 → 78 (-4)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
64% less call options, than puts
Call options by funds: $1.87M | Put options by funds: $5.22M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$17.9M |
| 2 |
Brookstone Capital Management
Wheaton,
Illinois
|
+$16.8M |
| 3 |
Morgan Stanley
New York
|
+$14.9M |
| 4 |
Tuttle Capital Management
Riverside,
Connecticut
|
+$14.4M |
| 5 |
Stadion Money Management
Watkinsville,
Georgia
|
+$7.07M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Eagle Investment Management
New York
|
-$5.7M |
| 2 |
JP Morgan Chase
New York
|
-$5.61M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.96M |
| 4 |
Sentry Investments
Toronto,
Ontario, Canada
|
-$4.56M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.18M |
TBF Hedge Fund Activity: Q2 2015 in Review
78 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q2 2015, worth a combined $310M — up 34% from $231M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TBF and 13 opened new positions — a net loss of 2 holders — while 19 trimmed existing stakes and 27 added.
The largest buyer was Wells Fargo, adding an estimated $17.9M. The largest seller was First Eagle Investment Management, exiting entirely with an estimated $5.7M sold.
- 78 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q2 2015, down from 82 in Q1 2015.
- Funds reported $310M of ProShares Short 20+ Year Treasury ETF stock for Q2 2015, up 34% quarter-over-quarter.
- 13 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q2 2015 and 15 closed out, a net change of -2 holders.
- The largest ProShares Short 20+ Year Treasury ETF buyer in Q2 2015 was Wells Fargo, an estimated $17.9M added.
- The largest ProShares Short 20+ Year Treasury ETF seller in Q2 2015 was First Eagle Investment Management, an estimated $5.7M sold.
Based on aggregated 13F filings for Q2 2015.