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TBIL

F/m US Treasury 3 Month Bill Fund

286 hedge funds and large institutions have $2.59B invested in F/m US Treasury 3 Month Bill Fund in 2025 Q3 according to their latest regulatory filings, with 43 funds opening new positions, 111 increasing their positions, 103 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

59% more first-time investments, than exits

New positions opened: 43 | Existing positions closed: 27

4% more funds holding

Funds holding: 276286 (+10)

8% more repeat investments, than reductions

Existing positions increased: 111 | Existing positions reduced: 103

0% more funds holding in top 10

Funds holding in top 10: 2121 (0)

1% less capital invested

Capital invested by funds: $2.61B → $2.59B (-$21.6M)

1.2% less ownership

Funds ownership: 44.66%43.46% (-1.2%)

Holders
286
Holders Change
+10
Holders Change %
+3.62%
% of All Funds
3.75%
Holding in Top 10
21
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.28%
New
43
Increased
111
Reduced
103
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CWP
151
Core Wealth Partners
California
$972K +$45.2K +905 +5%
Bank of Montreal
152
Bank of Montreal
Ontario, Canada
$941K -$1.78M -35,745 -66%
SA
153
Sanctuary Advisors
Indiana
$940K +$78.2K +1,566 +9%
Janney Montgomery Scott
154
Janney Montgomery Scott
Pennsylvania
$936K +$131K +2,624 +16%
TA
155
TruWealth Advisors
Louisiana
$931K -$195K -3,898 -17%
GWM
156
Gitterman Wealth Management
New Jersey
$928K +$109K +2,192 +13%
IWM
157
IHT Wealth Management
Illinois
$905K -$378K -7,568 -29%
CF
158
Claris Financial
Virginia
$876K -$1.38M -27,548 -61%
GIA
159
Gladstone Institutional Advisory
Florida
$874K +$297K +5,950 +52%
DADC
160
D.A. Davidson & Co
Montana
$864K +$571K +11,438 +196%
AFAS
161
Acorn Financial Advisory Services
Virginia
$859K -$69.3K -1,388 -7%
CA
162
Calton & Associates
Florida
$826K +$122K +2,453 +17%
CIBC World Market
163
CIBC World Market
Ontario, Canada
$823K +$151K +3,028 +23%
GC
164
GatePass Capital
Ohio
$820K +$819K +16,400 New
VBFP
165
Valtinson Bruner Financial Planning
Minnesota
$804K +$549 +11 +0.1%
NW
166
NewEdge Wealth
Pennsylvania
$796K -$58.5K -1,171 -7%
WFS
167
Widmann Financial Services
Maryland
$777K +$242K +4,850 +45%
WAS
168
Wealth Advisory Solutions
Indiana
$770K -$142K -2,839 -16%
PS
169
Principal Securities
Iowa
$767K -$74.1K -1,485 -9%
CI
170
Ceera Investments
Texas
$755K -$643K -12,875 -46%
EMAM
171
Encompass More Asset Management
California
$748K -$104K -2,089 -12%
TWC
172
TD Waterhouse Canada
Ontario, Canada
$748K +$689K +13,800 +1,150%
T
173
Tidemark
California
$723K +$35.2K +705 +5%
National Bank of Canada
174
National Bank of Canada
Quebec, Canada
$698K -$286K -5,738 -29%
WF
175
Warner Financial
Maryland
$695K +$694K +13,905 New

TBIL Hedge Fund Activity: Q3 2025 in Review

286 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q3 2025, worth a combined $2.59B — down 0.82% from $2.61B a quarter earlier.

Buyers outnumbered sellers: 43 funds opened new TBIL positions and 27 closed out — a net gain of 16 holders — while 111 added to existing stakes and 103 trimmed.

The largest buyer was Journey Strategic Wealth, opening a new position worth an estimated $54.8M. The largest seller was Oxbow Advisors, cutting an estimated $101M.

  • 286 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q3 2025, up from 276 in Q2 2025.
  • Funds reported $2.59B of F/m US Treasury 3 Month Bill Fund stock for Q3 2025, down 0.82% quarter-over-quarter.
  • 43 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q3 2025 and 27 closed out, a net change of +16 holders.
  • The largest F/m US Treasury 3 Month Bill Fund buyer in Q3 2025 was Journey Strategic Wealth, an estimated $54.8M added.
  • The largest F/m US Treasury 3 Month Bill Fund seller in Q3 2025 was Oxbow Advisors, an estimated $101M sold.

Based on aggregated 13F filings for Q3 2025.