F/m US Treasury 3 Month Bill Fund
TBIL
138 hedge funds and large institutions have $828M invested in F/m US Treasury 3 Month Bill Fund in 2023 Q3 according to their latest regulatory filings, with 58 funds opening new positions, 55 increasing their positions, 17 reducing their positions, and 10 closing their positions.
480% more first-time investments, than exits
New positions opened: 58 | Existing positions closed: 10
224% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 17
125% more funds holding in top 10
Funds holding in top 10: 4 → 9 (+5)
124% more capital invested
Capital invested by funds: $370M → $828M (+$457M)
53% more funds holding
Funds holding: 90 → 138 (+48)
6.15% more ownership
Funds ownership: 32.88% → 39.03% (+6.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$137M |
| 2 |
Morgan Stanley
New York
|
+$52.8M |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$23.7M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$18.9M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$13.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Madrona Financial Services
Everett,
Washington
|
-$3.8M |
| 2 |
SEA
Stegent Equity Advisors
Houston,
Texas
|
-$3.56M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.59M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$1.15M |
| 5 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$1.15M |
TBIL Hedge Fund Activity: Q3 2023 in Review
138 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q3 2023, worth a combined $828M — up 124% from $370M a quarter earlier.
Buyers outnumbered sellers: 58 funds opened new TBIL positions and 10 closed out — a net gain of 48 holders — while 55 added to existing stakes and 17 trimmed.
The largest buyer was LPL Financial, adding an estimated $137M. The largest seller was Madrona Financial Services, exiting entirely with an estimated $3.8M sold.
- 138 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q3 2023, up from 90 in Q2 2023.
- Funds reported $828M of F/m US Treasury 3 Month Bill Fund stock for Q3 2023, up 124% quarter-over-quarter.
- 58 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q3 2023 and 10 closed out, a net change of +48 holders.
- The largest F/m US Treasury 3 Month Bill Fund buyer in Q3 2023 was LPL Financial, an estimated $137M added.
- The largest F/m US Treasury 3 Month Bill Fund seller in Q3 2023 was Madrona Financial Services, an estimated $3.8M sold.
Based on aggregated 13F filings for Q3 2023.