F/m US Treasury 3 Month Bill Fund
TBIL
57 hedge funds and large institutions have $184M 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
126% more capital invested
Capital invested by funds: $81.1M → $184M (+$103M)
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 |
TBIL Hedge Fund Activity: Q1 2023 in Review
57 of the 6,283 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 $184M — up 126% 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 $184M of F/m US Treasury 3 Month Bill Fund stock for Q1 2023, up 126% 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.