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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
FFA
76
Founders Financial Alliance
North Carolina
$5.07M +$128K +2,572 +3%
FFM
77
Forum Financial Management
Illinois
$4.79M +$50 +1 +0%
HCM
78
Hilton Capital Management
New York
$4.74M -$129K -2,590 -3%
SIG
79
Spinnaker Investment Group
California
$4.65M -$493K -9,880 -10%
ATPW
80
Ashton Thomas Private Wealth
Arizona
$4.65M +$412K +8,245 +10%
WIA
81
World Investment Advisors
California
$4.6M -$15.8K -317 -0.3%
FFA
82
Farther Finance Advisors
California
$4.6M +$600K +12,016 +15%
Lido Advisors
83
Lido Advisors
California
$4.53M -$8.07M -161,581 -64%
WAP
84
Wealthcare Advisory Partners
Pennsylvania
$4.43M -$343K -6,864 -7%
DC
85
Davenport & Co
Virginia
$4.14M -$159K -3,190 -4%
CWM
86
Copia Wealth Management
Oregon
$3.92M -$1.34M -26,914 -25%
FAM
87
Formidable Asset Management
Ohio
$3.84M -$612K -12,267 -14%
GVCM
88
Global View Capital Management
Wisconsin
$3.8M -$279K -5,589 -7%
BPA
89
Beacon Pointe Advisors
California
$3.76M +$232K +4,648 +7%
MA
90
Mutual Advisors
Nebraska
$3.63M +$2.16M +43,166 +146%
BFWM
91
Bright Futures Wealth Management
New York
$3.55M +$3.56M +71,253 New
FHA
92
Flagship Harbor Advisors
Massachusetts
$3.55M -$1.73M -34,721 -33%
Truist Financial
93
Truist Financial
North Carolina
$3.49M +$1.19M +23,739 +51%
M
94
MATAURO
New York
$3.38M +$228K +4,571 +7%
BCA
95
Bay Colony Advisors
Massachusetts
$3.28M -$1.94M -38,911 -37%
PA
96
Parallel Advisors
California
$3.25M +$379K +7,593 +13%
IFG
97
Independent Financial Group
California
$3.14M -$356K -7,125 -10%
KWM
98
Kingsview Wealth Management
Oregon
$3.11M +$2.75M +55,124 +756%
CCM
99
Crew Capital Management
Ohio
$2.87M -$465K -9,318 -14%
NA
100
NewEdge Advisors
Louisiana
$2.65M +$447K +8,946 +20%
2 3
4
5 6

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.