F/m US Treasury 3 Month Bill Fund
TBIL
90 hedge funds and large institutions have $370M invested in F/m US Treasury 3 Month Bill Fund in 2023 Q2 according to their latest regulatory filings, with 37 funds opening new positions, 33 increasing their positions, 13 reducing their positions, and 3 closing their positions.
1,133% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 3
154% more repeat investments, than reductions
Existing positions increased: 33 | Existing positions reduced: 13
107% more capital invested
Capital invested by funds: $179M → $370M (+$191M)
58% more funds holding
Funds holding: 57 → 90 (+33)
1.37% more ownership
Funds ownership: 31.51% → 32.88% (+1.4%)
33% less funds holding in top 10
Funds holding in top 10: 6 → 4 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$67.2M |
| 2 |
Renaissance Technologies
New York
|
+$21.5M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$13.8M |
| 4 |
Lido Advisors
Los Angeles,
California
|
+$9.88M |
| 5 |
ARS
Adirondack Retirement Specialists
Queensbury,
New York
|
+$8.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$12.9M |
| 2 |
BFM
Boothbay Fund Management
New York
|
-$1.88M |
| 3 |
FMI
F/M Investments
Washington,
District of Columbia
|
-$1.09M |
| 4 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
-$790K |
| 5 |
HW
Hamilton Wealth
Encino,
California
|
-$666K |
TBIL Hedge Fund Activity: Q2 2023 in Review
90 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q2 2023, worth a combined $370M — up 107% from $179M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new TBIL positions and 3 closed out — a net gain of 34 holders — while 33 added to existing stakes and 13 trimmed.
The largest buyer was LPL Financial, adding an estimated $67.2M. The largest seller was Stegent Equity Advisors, cutting an estimated $12.9M.
- 90 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q2 2023, up from 57 in Q1 2023.
- Funds reported $370M of F/m US Treasury 3 Month Bill Fund stock for Q2 2023, up 107% quarter-over-quarter.
- 37 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q2 2023 and 3 closed out, a net change of +34 holders.
- The largest F/m US Treasury 3 Month Bill Fund buyer in Q2 2023 was LPL Financial, an estimated $67.2M added.
- The largest F/m US Treasury 3 Month Bill Fund seller in Q2 2023 was Stegent Equity Advisors, an estimated $12.9M sold.
Based on aggregated 13F filings for Q2 2023.