We are live on ! Find out more
TBT icon

ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT

114 hedge funds and large institutions have $309M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2021 Q1 according to their latest regulatory filings, with 47 funds opening new positions, 24 increasing their positions, 18 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

600% more funds holding in top 10

Funds holding in top 10: 1 → 7 (+6)

387% more capital invested

Capital invested by funds: $63.5M → $309M (+$246M)

176% more first-time investments, than exits

New positions opened: 47 | Existing positions closed: 17

91% more call options, than puts

Call options by funds: $355M | Put options by funds: $186M

33% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 18

33% more funds holding

Funds holding: 86 → 114 (+28)

12.04% more ownership

Funds ownership: 12.53% → 24.58% (+12%)

Holders
114
Holders Change
+28
Holders Change %
+32.56%
% of All Funds
2%
Holding in Top 10
7
Holding in Top 10 Change
+6
Holding in Top 10 Change %
+600%
% of All Funds
0.12%
New
47
Increased
24
Reduced
18
Closed
17
Calls
$355M
Puts
$186M
Net Calls
+$169M
Net Calls Change
+$129M

Top Buyers

Rank Fund Capital Flow
1
KCM
Kornitzer Capital Management
Kansas
+$27.5M
2
KIA
KCM Investment Advisors
California
+$27.4M
3
PCP
Proficio Capital Partners
Massachusetts
+$26.7M
4
NSLI
Nan Shan Life Insurance
Taiwan
+$24.7M
5
EW
Evoke Wealth
California
+$19.4M

Top Sellers

Rank Fund Capital Flow
1
MSCM
Marlin Sams Capital Management
New York
-$2.9M
2
Simplex Trading
Simplex Trading
Illinois
-$2.73M
3
BAM
Brave Asset Management
New Jersey
-$1.9M
4
CI
Centerstone Investors
New York
-$985K
5
JP Morgan Chase
JP Morgan Chase
New York
-$408K
Name Holding Trade Value Shares
Change 		Change in
Stake
PFS
51
Prospera Financial Services
Texas
$272K +$242K +12,521 New
JWA
52
JFS Wealth Advisors
Pennsylvania
$264K +$127K +6,550 +117%
CAG
53
Csenge Advisory Group
Florida
$259K -$251K -12,968 -51%
MWM
54
Meridian Wealth Management
Kentucky
$246K +$219K +11,314 New
RHBC
55
R.H. Bluestein & Co
Michigan
$239K -$9.68K -500 -4%
AF
56
Advisornet Financial
Minnesota
$237K -$75.8K -3,912 -26%
CHA
57
Cooper/Haims Advisors
New York
$233K +$207K +10,708 New
KJHP
58
K.J. Harrison & Partners
Ontario, Canada
$221K +$197K +10,165 New
CCM
59
Coe Capital Management
Illinois
$217K +$194K +10,000 New
DA
60
DCF Advisers
Connecticut
$207K +$184K +9,500 New
SWM
61
Spire Wealth Management
Virginia
$195K +$174K +8,960 New
HFM
62
Hartford Financial Management
Connecticut
$180K – – –
Lazard Asset Management
63
Lazard Asset Management
New York
$173K – – –
William Blair & Company
64
William Blair & Company
Illinois
$169K +$31K +1,600 +26%
SAS
65
Stelac Advisory Services
New York
$163K -$48.4K -2,500 -25%
IFAM
66
Institutional & Family Asset Management
Colorado
$159K +$142K +7,309 New
GCM
67
Gables Capital Management
Florida
$157K -$14.5K -750 -9%
Walleye Trading
68
Walleye Trading
New York
$149K +$133K +6,856 New
JP Morgan Chase
69
JP Morgan Chase
New York
$109K -$408K -21,060 -81%
US Bancorp
70
US Bancorp
Minnesota
$109K – – –
RE
71
RBC Europe
United Kingdom
$92K – – –
AAP
72
Ardsley Advisory Partners
Connecticut
$87K +$48.4K +2,500 +167%
RIM
73
Rockbridge Investment Management
New York
$76K +$67.8K +3,500 New
GWM
74
Geneos Wealth Management
Colorado
$56K +$3.25K +168 +7%
OIA
75
Optimum Investment Advisors
Illinois
$48K +$7.75K +400 +22%
1 2
3
4 5

TBT Hedge Fund Activity: Q1 2021 in Review

114 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q1 2021, worth a combined $309M — up 387% from $63.5M a quarter earlier.

Buyers outnumbered sellers: 47 funds opened new TBT positions and 17 closed out — a net gain of 30 holders — while 24 added to existing stakes and 18 trimmed.

The largest buyer was Kornitzer Capital Management, opening a new position worth an estimated $27.5M. The largest seller was Marlin Sams Capital Management, cutting an estimated $2.9M.

  • 114 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q1 2021, up from 86 in Q4 2020.
  • Funds reported $309M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q1 2021, up 387% quarter-over-quarter.
  • 47 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q1 2021 and 17 closed out, a net change of +30 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q1 2021 was Kornitzer Capital Management, an estimated $27.5M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q1 2021 was Marlin Sams Capital Management, an estimated $2.9M sold.

Based on aggregated 13F filings for Q1 2021.