ProShares Short 20+ Year Treasury ETF
TBF
93 hedge funds and large institutions have $184M invested in ProShares Short 20+ Year Treasury ETF in 2022 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 40 reducing their positions, and 28 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
6.92% less ownership
Funds ownership: 39.59% → 32.67% (-6.9%)
11% less funds holding
Funds holding: 104 → 93 (-11)
28% less capital invested
Capital invested by funds: $256M → $184M (-$71.9M)
38% less call options, than puts
Call options by funds: $1.95M | Put options by funds: $3.16M
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
63% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 40
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
+$20.8M |
| 2 |
Morgan Stanley
New York
|
+$8.32M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$6.69M |
| 4 |
DSN
D. Scott Neal
Lexington,
Kentucky
|
+$6.62M |
| 5 |
HCA
Heck Capital Advisors
Rhinelander,
Wisconsin
|
+$6.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$58.5M |
| 2 |
WA
Win Advisors
Palm Beach Gardens,
Florida
|
-$18.5M |
| 3 |
USCWA
U.S. Capital Wealth Advisors
Austin,
Texas
|
-$12.2M |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$10.6M |
| 5 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$7.21M |
TBF Hedge Fund Activity: Q3 2022 in Review
93 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in ProShares Short 20+ Year Treasury ETF (TBF) for Q3 2022, worth a combined $184M — down 28% from $256M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of TBF and 17 opened new positions — a net loss of 11 holders — while 40 trimmed existing stakes and 15 added.
The largest buyer was Q3 Asset Management, opening a new position worth an estimated $20.8M. The largest seller was Jane Street, exiting entirely with an estimated $58.5M sold.
- 93 institutional investors held ProShares Short 20+ Year Treasury ETF (TBF) as of Q3 2022, down from 104 in Q2 2022.
- Funds reported $184M of ProShares Short 20+ Year Treasury ETF stock for Q3 2022, down 28% quarter-over-quarter.
- 17 funds opened new ProShares Short 20+ Year Treasury ETF positions in Q3 2022 and 28 closed out, a net change of -11 holders.
- The largest ProShares Short 20+ Year Treasury ETF buyer in Q3 2022 was Q3 Asset Management, an estimated $20.8M added.
- The largest ProShares Short 20+ Year Treasury ETF seller in Q3 2022 was Jane Street, an estimated $58.5M sold.
Based on aggregated 13F filings for Q3 2022.