We are live on ! Find out more
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
EWA
51
EP Wealth Advisors
California
$10.7M +$10.3M +206,778 +2,905%
Creative Planning
52
Creative Planning
Kansas
$9.24M +$4.07M +81,606 +79%
WWM
53
Western Wealth Management
Colorado
$9.23M +$9.25M +185,183 New
CCA
54
Coign Capital Advisors
Utah
$9.22M -$177K -3,537 -2%
MCC
55
Money Concepts Capital
Florida
$8.73M +$233K +4,665 +3%
NRI
56
NFP Retirement Inc
California
$8.06M +$7.7M +154,195 +2,046%
Northwestern Mutual Wealth Management
57
Northwestern Mutual Wealth Management
Wisconsin
$7.68M +$215K +4,308 +3%
RA
58
RFG Advisory
Alabama
$7.66M +$205K +4,097 +3%
P
59
&Partners
Tennessee
$7.1M +$2.39M +47,953 +51%
CCFM
60
Clear Creek Financial Management
Washington
$6.91M -$181K -3,631 -3%
FHC
61
First Heartland Consultants
Missouri
$6.74M +$948K +18,981 +16%
AC
62
Apella Capital
Connecticut
$6.7M +$6.7M +134,164 New
RWP
63
Revolve Wealth Partners
New Jersey
$6.58M -$17.7M -353,700 -73%
PWMG
64
Pinnacle Wealth Management Group
Michigan
$6.19M -$2.19M -43,812 -26%
MF
65
Manchester Financial
California
$6.18M -$173K -3,464 -3%
ACM
66
Alpha Capital Management
Texas
$6.08M -$2.79M -55,857 -31%
IF
67
Intrua Financial
Texas
$5.91M +$5.14M +103,015 +660%
FGA
68
Fortis Group Advisors
New Jersey
$5.91M +$3.16M +63,300 +114%
FA
69
Fiduciary Alliance
South Carolina
$5.64M -$492K -9,864 -8%
AAP
70
Arax Advisory Partners
Colorado
$5.4M +$5.41M +108,306 New
JIP
71
Jaffetilchin Investment Partners
Florida
$5.33M +$326K +6,530 +7%
CC
72
Cypress Capital
Tennessee
$5.26M +$16.5K +330 +0.3%
SFG
73
Sovereign Financial Group
Connecticut
$5.26M -$616K -12,343 -10%
KPWS
74
Kestra Private Wealth Services
Texas
$5.18M -$8.25M -165,329 -61%
VFM
75
Vision Financial Markets
Connecticut
$5.14M -$849K -17,000 -14%
1 2
3
4 5

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.