We are live on ! Find out more
TBT icon

ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT

87 hedge funds and large institutions have $90.6M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2019 Q4 according to their latest regulatory filings, with 21 funds opening new positions, 12 increasing their positions, 20 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

77% more call options, than puts

Call options by funds: $169M | Put options by funds: $95.6M

24% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 17

14% more capital invested

Capital invested by funds: $79.2M → $90.6M (+$11.4M)

4% more funds holding

Funds holding: 84 → 87 (+3)

1.64% more ownership

Funds ownership: 12.4% → 14.04% (+1.6%)

40% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 20

100% less funds holding in top 10

Funds holding in top 10: 1 → 0 (-1)

Holders
87
Holders Change
+3
Holders Change %
+3.57%
% of All Funds
1.71%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
21
Increased
12
Reduced
20
Closed
17
Calls
$169M
Puts
$95.6M
Net Calls
+$73.3M
Net Calls Change
+$20.1M

Top Buyers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
+$15.3M
2
BI
Bramshill Investments
Florida
+$11.1M
3
IMC Chicago
IMC Chicago
Illinois
+$5.54M
4
TCM
Tuttle Capital Management
Connecticut
+$2.4M
5
IHL
Investment House LLC
California
+$2.13M

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$14.3M
2
RA
Raffles Associates
New York
-$7.67M
3
Simplex Trading
Simplex Trading
Illinois
-$2.67M
4
Parallax Volatility Advisers
Parallax Volatility Advisers
California
-$2.43M
5
CA
Commerzbank Aktiengesellschaft
Germany
-$1.21M
Name Holding Trade Value Shares
Change 		Change in
Stake
LIM
26
Loudon Investment Management
New Hampshire
$361K – – –
JWA
27
JFS Wealth Advisors
Pennsylvania
$358K – – –
IIA
28
IPG Investment Advisors
California
$328K -$54.2K -2,124 -15%
GCM
29
Gables Capital Management
Florida
$227K +$12.1K +475 +6%
HFM
30
Hartford Financial Management
Connecticut
$220K – – –
XS
31
XR Securities
Illinois
$213K +$205K +8,019 New
UBS Group
32
UBS Group
Switzerland
$178K +$169K +6,631 +10,695%
LFASL
33
Lugano Financial Advisors SA (LFA)
Switzerland
$163K +$157K +6,150 New
Bank of America
34
Bank of America
North Carolina
$137K +$88.1K +3,451 +202%
US Bancorp
35
US Bancorp
Minnesota
$133K -$383 -15 -0.3%
FCA
36
FinTrust Capital Advisors
South Carolina
$133K – – –
TRCT
37
Tower Research Capital (TRC)
New York
$132K +$20.9K +819 +20%
William Blair & Company
38
William Blair & Company
Illinois
$113K -$108K -4,239 -50%
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$85K -$12.8K -500 -14%
CLOS
40
Compagnie Lombard Odier SCmA
Switzerland
$72K +$16.1K +630 +30%
MA
41
MUFG Americas
New York
$64K – – –
LTFS
42
Ladenburg Thalmann Financial Services
Florida
$61K -$9.08K -356 -13%
IA
43
IFP Advisors
Florida
$52K -$76.6K -3,000 -60%
OIA
44
Optimum Investment Advisors
Illinois
$48K – – –
TI
45
tru Independence
Oregon
$45K +$70.7K +2,770 New
ASN
46
Advisory Services Network
Georgia
$37K -$25.5K -1,000 -41%
HPC
47
HM Payson & Co
Maine
$33K -$12.8K -500 -28%
RFWA
48
RPg Family Wealth Advisory
Massachusetts
$31.8K – – –
HNB
49
Huntington National Bank
Ohio
$30K – – –
SIM
50
Sonora Investment Management
Arizona
$27K – – –
1
2
3 4 5

TBT Hedge Fund Activity: Q4 2019 in Review

87 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q4 2019, worth a combined $90.6M — up 14% from $79.2M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new TBT positions and 17 closed out — a net gain of 4 holders — while 12 added to existing stakes and 20 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $15.3M. The largest seller was Susquehanna International Group, cutting an estimated $14.3M.

  • 87 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q4 2019, up from 84 in Q3 2019.
  • Funds reported $90.6M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q4 2019, up 14% quarter-over-quarter.
  • 21 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q4 2019 and 17 closed out, a net change of +4 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q4 2019 was Citadel Advisors, an estimated $15.3M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q4 2019 was Susquehanna International Group, an estimated $14.3M sold.

Based on aggregated 13F filings for Q4 2019.