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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
MOS
101
MGO One Seven
Ohio
$2.6M +$560K +11,225 +27%
GC
102
GatePass Capital
Ohio
$2.58M +$315K +6,300 +14%
IAIM
103
International Assets Investment Management
Florida
$2.51M +$9.64K +193 +0.4%
AWM
104
AE Wealth Management
Kansas
$2.48M +$730K +14,612 +42%
LFA
105
Longview Financial Advisors
Alabama
$2.46M -$230K -4,613 -9%
HWA
106
Heritage Wealth Architects
Minnesota
$2.44M -$4.91M -98,268 -67%
GVAG
107
Great Valley Advisor Group
Delaware
$2.39M -$464K -9,299 -16%
SPC
108
Sigma Planning Corp
Michigan
$2.39M -$228K -4,576 -9%
VAG
109
VisionPoint Advisory Group
Texas
$2.38M +$196K +3,917 +9%
Cerity Partners
110
Cerity Partners
New York
$2.31M +$370K +7,401 +19%
SCI
111
Silver Coast Investments
United States
$2.28M +$258K +5,159 +13%
WAS
112
Wealth Advisory Solutions
Indiana
$2.27M +$422K +8,451 +23%
PWA
113
Pitcairn Wealth Advisors
Pennsylvania
$2.25M – – –
AAS
114
Ameritas Advisory Services
Nebraska
$2.21M +$71.7K +1,436 +3%
MW
115
Maia Wealth
Colorado
$2.2M -$148K -2,969 -6%
GWANC
116
Guardian Wealth Advisors (North Carolina)
North Carolina
$2.19M +$737K +14,771 +51%
CIA
117
Concurrent Investment Advisors
Florida
$2.15M -$1.69M -33,825 -44%
Bank of Montreal
118
Bank of Montreal
Ontario, Canada
$2.14M +$1.59M +31,758 +283%
CFG
119
Compass Financial Group
Ohio
$2.1M -$108K -2,173 -5%
Fifth Third Bancorp
120
Fifth Third Bancorp
Ohio
$2.1M +$2.1M +42,142 New
4WM
121
49 Wealth Management
Texas
$2.09M -$43.2K -866 -2%
SWM
122
SFG Wealth Management
Maryland
$2.07M +$2.08M +41,610 New
WS
123
Wedbush Securities
California
$2.07M +$360K +7,215 +21%
CFG
124
Capital Financial Group
Colorado
$2.01M -$195K -3,907 -9%
PMWMG
125
Parr McKnight Wealth Management Group
Minnesota
$1.98M +$182K +3,655 +10%
3 4
5
6 7

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.