F/m US Treasury 3 Month Bill Fund
TBIL
57 hedge funds and large institutions have $179M invested in F/m US Treasury 3 Month Bill Fund in 2023 Q1 according to their latest regulatory filings, with 31 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 6 closing their positions.
417% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 6
120% more capital invested
Capital invested by funds: $81.1M → $179M (+$97.8M)
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
68% more funds holding
Funds holding: 34 → 57 (+23)
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
8.97% less ownership
Funds ownership: 40.48% → 31.51% (-9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
+$20.3M |
| 2 |
LPL Financial
San Diego,
California
|
+$18.4M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$12.9M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$9.7M |
| 5 |
Renaissance Technologies
New York
|
+$8.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
W
Wealthquest
Cincinnati,
Ohio
|
-$7.01M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$2.35M |
| 3 |
CP
Castleview Partners
Dallas,
Texas
|
-$1.72M |
| 4 |
MF
Manchester Financial
Westlake Village,
California
|
-$1.19M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$706K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Osaic Holdings
Scottsdale,
Arizona
| $49.9K | -$272K | -5,447 | -85% |
|
|
HGERS
52
Householder Group Estate & Retirement Specialist
Scottsdale,
Arizona
| $38K | +$38.2K | +765 | New |
|
|
C
53
Covestor
London,
United Kingdom
| $22K | -$1.2K | -24 | -5% |
|
|
VFA
54
Values First Advisors
Gray,
Tennessee
| $20K | +$20K | +400 | New |
|
|
HIA
55
Harbor Investment Advisory
Lutherville,
Maryland
| $5.01K | – | – | – |
|
|
LF
56
Lee Financial
Dallas,
Texas
| $5.01K | – | – | – |
|
57
Commonwealth Equity Services
Waltham,
Massachusetts
| $4.78K | +$4.77M | +95,501 | New |
|
|
FTUS
58
Flow Traders U.S.
New York
| – | -$2.35M | -47,028 | Closed |
|
|
MF
59
Manchester Financial
Westlake Village,
California
| – | -$1.19M | -23,887 | Closed |
|
60
Goldman Sachs
New York
| – | -$345K | -6,925 | Closed |
|
|
SG
61
StoneX Group
New York
| – | -$331K | -6,644 | Closed |
|
|
RG
62
Rathbones Group
Liverpool,
United Kingdom
| – | -$312K | -6,250 | Closed |
|
63
JP Morgan Chase
New York
| – | -$121K | -2,418 | Closed |
|
TBIL Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q1 2023, worth a combined $179M — up 120% from $81.1M a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new TBIL positions and 6 closed out — a net gain of 25 holders — while 13 added to existing stakes and 9 trimmed.
The largest buyer was Stegent Equity Advisors, opening a new position worth an estimated $20.3M. The largest seller was Wealthquest, cutting an estimated $7.01M.
- 57 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q1 2023, up from 34 in Q4 2022.
- Funds reported $179M of F/m US Treasury 3 Month Bill Fund stock for Q1 2023, up 120% quarter-over-quarter.
- 31 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q1 2023 and 6 closed out, a net change of +25 holders.
- The largest F/m US Treasury 3 Month Bill Fund buyer in Q1 2023 was Stegent Equity Advisors, an estimated $20.3M added.
- The largest F/m US Treasury 3 Month Bill Fund seller in Q1 2023 was Wealthquest, an estimated $7.01M sold.
Based on aggregated 13F filings for Q1 2023.