ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
129 hedge funds and large institutions have $320M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2016 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 22 increasing their positions, 32 reducing their positions, and 29 closing their positions.
150% more funds holding in top 10
Funds holding in top 10: 2 → 5 (+3)
54% more capital invested
Capital invested by funds: $208M → $320M (+$113M)
6.59% more ownership
Funds ownership: 10.71% → 17.3% (+6.6%)
3% more call options, than puts
Call options by funds: $173M | Put options by funds: $168M
3% less funds holding
Funds holding: 133 → 129 (-4)
10% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 29
31% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$101M |
| 2 |
FMA
FNY Managed Accounts
New York
|
+$21.4M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$13.5M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$10.3M |
| 5 |
CPA
Columbia Pacific Advisors
Seattle,
Washington
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$7.19M |
| 2 |
CCM
Cobalt Capital Management
Short Hills,
New Jersey
|
-$3.98M |
| 3 |
Walleye Trading
New York
|
-$2.45M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.8M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.7M |
TBT Hedge Fund Activity: Q2 2016 in Review
129 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q2 2016, worth a combined $320M — up 54% from $208M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TBT and 26 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 22 added.
The largest buyer was Nan Shan Life Insurance, adding an estimated $101M. The largest seller was LPL Financial, cutting an estimated $7.19M.
- 129 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q2 2016, down from 133 in Q1 2016.
- Funds reported $320M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q2 2016, up 54% quarter-over-quarter.
- 26 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q2 2016 and 29 closed out, a net change of -3 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q2 2016 was Nan Shan Life Insurance, an estimated $101M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q2 2016 was LPL Financial, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2016.