F/m US Treasury 3 Month Bill Fund
TBIL
248 hedge funds and large institutions have $2.15B invested in F/m US Treasury 3 Month Bill Fund in 2024 Q4 according to their latest regulatory filings, with 53 funds opening new positions, 97 increasing their positions, 81 reducing their positions, and 22 closing their positions.
141% more first-time investments, than exits
New positions opened: 53 | Existing positions closed: 22
50% more funds holding in top 10
Funds holding in top 10: 14 → 21 (+7)
23% more capital invested
Capital invested by funds: $1.75B → $2.15B (+$403M)
20% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 81
13% more funds holding
Funds holding: 220 → 248 (+28)
4.97% more ownership
Funds ownership: 41.54% → 46.5% (+5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$66.2M |
| 2 |
FMI
F/M Investments
Washington,
District of Columbia
|
+$42.5M |
| 3 |
Morgan Stanley
New York
|
+$40.8M |
| 4 |
LPL Financial
San Diego,
California
|
+$37.5M |
| 5 |
OA
Oxbow Advisors
Austin,
Texas
|
+$34.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$15.7M |
| 2 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
-$12.4M |
| 3 |
HF
HRT Financial
New York
|
-$11.6M |
| 4 |
Jane Street
New York
|
-$11.2M |
| 5 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
-$6.21M |
TBIL Hedge Fund Activity: Q4 2024 in Review
248 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in F/m US Treasury 3 Month Bill Fund (TBIL) for Q4 2024, worth a combined $2.15B — up 23% from $1.75B a quarter earlier.
Buyers outnumbered sellers: 53 funds opened new TBIL positions and 22 closed out — a net gain of 31 holders — while 97 added to existing stakes and 81 trimmed.
The largest buyer was Independent Advisor Alliance, opening a new position worth an estimated $66.2M. The largest seller was Flagship Harbor Advisors, cutting an estimated $15.7M.
- 248 institutional investors held F/m US Treasury 3 Month Bill Fund (TBIL) as of Q4 2024, up from 220 in Q3 2024.
- Funds reported $2.15B of F/m US Treasury 3 Month Bill Fund stock for Q4 2024, up 23% quarter-over-quarter.
- 53 funds opened new F/m US Treasury 3 Month Bill Fund positions in Q4 2024 and 22 closed out, a net change of +31 holders.
- The largest F/m US Treasury 3 Month Bill Fund buyer in Q4 2024 was Independent Advisor Alliance, an estimated $66.2M added.
- The largest F/m US Treasury 3 Month Bill Fund seller in Q4 2024 was Flagship Harbor Advisors, an estimated $15.7M sold.
Based on aggregated 13F filings for Q4 2024.