ProShares Short 20+ Year Treasury ETF
75 hedge funds and large institutions have $190M invested in ProShares Short 20+ Year Treasury ETF in 2015 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 27 reducing their positions, and 15 closing their positions.
1,347% more call options, than puts
Call options by funds: $50.8M | Put options by funds: $3.51M
4% less funds holding
Funds holding: 78 → 75 (-3)
5.26% less ownership
Funds ownership: 27.42% → 22.16% (-5.3%)
13% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 15
39% less capital invested
Capital invested by funds: $310M → $190M (-$120M)
44% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 27
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NBW Capital
Boston,
Massachusetts
|
+$3.42M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$2.18M |
| 3 |
VF
Virtu Financial
New York
|
+$1.67M |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$1.32M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$22.9M |
| 2 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$17.1M |
| 3 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$16.6M |
| 4 |
SMM
Stadion Money Management
Watkinsville,
Georgia
|
-$15.4M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$9.92M |
TBF Hedge Fund Activity: Q3 2015 in Review
75 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q3 2015, worth a combined $190M — down 39% from $310M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TBF and 13 opened new positions — a net loss of 2 holders — while 27 trimmed existing stakes and 15 added.
The largest buyer was NBW Capital, opening a new position worth an estimated $3.42M. The largest seller was Morgan Stanley, cutting an estimated $22.9M.
- 75 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q3 2015, down from 78 in Q2 2015.
- Funds reported $190M of ProShares Short 20+ Year Treasury ETF stock for Q3 2015, down 39% quarter-over-quarter.
- 13 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q3 2015 and 15 closed out, a net change of -2 holders.
- The largest ProShares Short 20+ Year Treasury ETF buyer in Q3 2015 was NBW Capital, an estimated $3.42M added.
- The largest ProShares Short 20+ Year Treasury ETF seller in Q3 2015 was Morgan Stanley, an estimated $22.9M sold.
Based on aggregated 13F filings for Q3 2015.