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TBIL

F/m US Treasury 3 Month Bill Fund
TBIL

320 hedge funds and large institutions have $3.23B invested in F/m US Treasury 3 Month Bill Fund in 2026 Q1 according to their latest regulatory filings, with 46 funds opening new positions, 116 increasing their positions, 125 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more first-time investments, than exits

New positions opened: 46 | Existing positions closed: 26

24.86% more ownership

Funds ownership: 22.4% → 47.26% (+25%)

15% more capital invested

Capital invested by funds: $2.82B → $3.23B (+$411M)

5% more funds holding

Funds holding: 306 → 320 (+14)

7% less repeat investments, than reductions

Existing positions increased: 116 | Existing positions reduced: 125

14% less funds holding in top 10

Funds holding in top 10: 21 → 18 (-3)

Holders
320
Holders Change
+14
Holders Change %
+4.58%
% of All Funds
3.94%
Holding in Top 10
18
Holding in Top 10 Change
-3
Holding in Top 10 Change %
-14.29%
% of All Funds
0.22%
New
46
Increased
116
Reduced
125
Closed
26
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
HighTower Advisors
HighTower Advisors
Illinois
+$86.2M
2
Wells Fargo
Wells Fargo
California
+$62.3M
3
Morgan Stanley
Morgan Stanley
New York
+$62.3M
4
Raymond James Financial
Raymond James Financial
Florida
+$59.2M
5
IAA
Independent Advisor Alliance
North Carolina
+$57.9M

Top Sellers

1
Wealth Enhancement Advisory Services
Wealth Enhancement Advisory Services
Minnesota
-$50.2M
2
MML Investors Services
MML Investors Services
Massachusetts
-$31.7M
3
Mariner
Mariner
Kansas
-$30.4M
4
TIM
Total Investment Management
Arizona
-$30M
5
AQR Capital Management
AQR Capital Management
Connecticut
-$22.6M
Name Holding Trade Value Shares
Change 		Change in
Stake
IAN
251
Integrated Advisors Network
Texas
$360K +$45.9K +919 +15%
QCM
252
Quantinno Capital Management
New York
$350K +$99.9K +2,000 +40%
BIG
253
Brookwood Investment Group
Arizona
$348K – – –
VWM
254
VanWeelden Wealth Management
Ohio
$345K -$13.8M -276,701 -98%
LFAS
255
Level Four Advisory Services
Texas
$341K +$342K +6,849 New
LA
256
Latitude Advisors
Florida
$328K -$7.29K -146 -2%
BAM
257
Belpointe Asset Management
Nevada
$319K +$1.7K +34 +0.5%
APA
258
Astoria Portfolio Advisors
New York
$317K – – –
S
259
Sunpointe
Missouri
$312K +$313K +6,264 New
CIAS
260
CFS Investment Advisory Services
New Jersey
$300K – – –
DWA
261
Davis Wealth Advisors
New Hampshire
$297K – – –
CWL
262
Causey Wealth LLC
Colorado
$289K +$290K +5,800 New
CWG
263
Crown Wealth Group
North Carolina
$285K -$27.2K -545 -9%
SI
264
Stephens Inc
Arkansas
$276K – – –
SIC
265
Samalin Investment Counsel
New York
$274K +$275K +5,500 New
VVP
266
Venture Visionary Partners
Ohio
$269K – – –
Bank of America
267
Bank of America
North Carolina
$268K – – –
AWP
268
Astra Wealth Partners
New Jersey
$267K -$38.3K -767 -13%
CFA
269
Camarda Financial Advisors
Florida
$265K +$799 +16 +0.3%
RF
270
Roxbury Financial
New Jersey
$263K +$38K +761 +17%
MCM
271
MAI Capital Management
Ohio
$262K +$100 +2 +0%
WSC
272
Wellington Shields & Co
New York
$262K +$262K +5,250 New
CAG
273
Centerpoint Advisory Group
Kansas
$260K – – –
AI
274
Atria Investments
North Carolina
$251K -$29.7K -594 -11%
CWG
275
Cornerstone Wealth Group
North Carolina
$250K – – –
9 10
11
12 13

TBIL Hedge Fund Activity: Q1 2026 in Review

320 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q1 2026, worth a combined $3.23B — up 15% from $2.82B a quarter earlier.

Buyers outnumbered sellers: 46 funds opened new TBIL positions and 26 closed out — a net gain of 20 holders — while 116 added to existing stakes and 125 trimmed.

The largest buyer was HighTower Advisors, adding an estimated $86.2M. The largest seller was Wealth Enhancement Advisory Services, cutting an estimated $50.2M.

  • 320 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q1 2026, up from 306 in Q4 2025.
  • Funds reported $3.23B of F/m US Treasury 3 Month Bill Fund stock for Q1 2026, up 15% quarter-over-quarter.
  • 46 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q1 2026 and 26 closed out, a net change of +20 holders.
  • The largest F/m US Treasury 3 Month Bill Fund buyer in Q1 2026 was HighTower Advisors, an estimated $86.2M added.
  • The largest F/m US Treasury 3 Month Bill Fund seller in Q1 2026 was Wealth Enhancement Advisory Services, an estimated $50.2M sold.

Based on aggregated 13F filings for Q1 2026.