We are live on ! Find out more
TBT icon

ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT

134 hedge funds and large institutions have $269M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2017 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 27 increasing their positions, 28 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 1 → 3 (+2)

135% more call options, than puts

Call options by funds: $349M | Put options by funds: $148M

53% more capital invested

Capital invested by funds: $176M → $269M (+$93.1M)

17% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 18

4.57% more ownership

Funds ownership: 8.28% → 12.85% (+4.6%)

2% more funds holding

Funds holding: 131 → 134 (+3)

4% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 28

Holders
134
Holders Change
+3
Holders Change %
+2.29%
% of All Funds
3.34%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
21
Increased
27
Reduced
28
Closed
18
Calls
$349M
Puts
$148M
Net Calls
+$200M
Net Calls Change
+$86.9M

Top Buyers

Rank Fund Capital Flow
1
NSLI
Nan Shan Life Insurance
Taiwan
+$91.7M
2
AAP
Ardsley Advisory Partners
Connecticut
+$8.82M
3
AIP
Almanack Investment Partners
Pennsylvania
+$6.47M
4
TB
Terril Brothers
Missouri
+$5.02M
5
BI
Bramshill Investments
Florida
+$3.65M

Top Sellers

Rank Fund Capital Flow
1
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
-$16.9M
2
Barclays
Barclays
United Kingdom
-$5.49M
3
Jane Street
Jane Street
New York
-$3.54M
4
CG
Cutler Group
California
-$1.25M
5
Bank of America
Bank of America
North Carolina
-$1.12M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wolverine Trading
26
Wolverine Trading
Illinois
$1.19M +$1.18M +33,321 New
FSCM
27
Front Street Capital Management
Montana
$1.13M – – –
ID
28
Integral Derivatives
New York
$1.1M +$90K +2,550 +9%
JWA
29
JFS Wealth Advisors
Pennsylvania
$1.03M +$35.3K +1,000 +4%
CS
30
Credit Suisse
Switzerland
$890K +$176K +5,000 +25%
SIM
31
SSI Investment Management
California
$876K – – –
CG
32
Cutler Group
California
$850K -$1.25M -35,380 -60%
SG Americas Securities
33
SG Americas Securities
New York
$837K +$95.3K +2,701 +13%
HIC
34
Holderness Investments Company
North Carolina
$811K -$164K -4,656 -17%
EWM
35
Endurance Wealth Management
Rhode Island
$747K – – –
MCI
36
McDonald Capital Investors
California
$664K – – –
SC
37
Scotia Capital
Ontario, Canada
$646K -$6.42K -182 -1%
OIM
38
Orca Investment Management
Oregon
$639K – – –
SHCM
39
Stokes & Hubbell Capital Management
Louisiana
$552K -$37.5K -1,064 -6%
VSI
40
Verde Servicos Internacionais
Brazil
$533K +$406K +11,500 +329%
Neuberger Berman Group
41
Neuberger Berman Group
New York
$512K – – –
CCM
42
Compton Capital Management
Rhode Island
$461K -$65.3K -1,850 -13%
IHL
43
Investment House LLC
California
$448K +$444K +12,600 New
FIM
44
Freedom Investment Management
Connecticut
$445K +$239K +6,773 +118%
Morgan Stanley
45
Morgan Stanley
New York
$440K -$1.06M -30,134 -71%
AAP
46
Arax Advisory Partners
Colorado
$438K +$47K +1,331 +12%
Creative Planning
47
Creative Planning
Kansas
$423K +$39.6K +1,122 +10%
CAG
48
Csenge Advisory Group
Florida
$406K +$402K +11,406 New
William Blair & Company
49
William Blair & Company
Illinois
$392K +$65.3K +1,850 +20%
US Bancorp
50
US Bancorp
Minnesota
$391K +$212K +6,000 +120%
1
2
3 4 5

TBT Hedge Fund Activity: Q3 2017 in Review

134 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2017, worth a combined $269M — up 53% from $176M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new TBT positions and 18 closed out — a net gain of 3 holders — while 27 added to existing stakes and 28 trimmed.

The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $91.7M. The largest seller was Royal Bank of Canada, cutting an estimated $16.9M.

  • 134 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2017, up from 131 in Q2 2017.
  • Funds reported $269M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2017, up 53% quarter-over-quarter.
  • 21 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2017 and 18 closed out, a net change of +3 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2017 was Nan Shan Life Insurance, an estimated $91.7M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2017 was Royal Bank of Canada, an estimated $16.9M sold.

Based on aggregated 13F filings for Q3 2017.