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.
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$91.7M |
| 2 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
+$8.82M |
| 3 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
+$6.47M |
| 4 |
TB
Terril Brothers
St. Louis,
Missouri
|
+$5.02M |
| 5 |
BI
Bramshill Investments
Naples,
Florida
|
+$3.65M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16.9M |
| 2 |
Barclays
London,
United Kingdom
|
-$5.49M |
| 3 |
Jane Street
New York
|
-$3.54M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$1.25M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.12M |
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.