ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
74 hedge funds and large institutions have $104M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2024 Q4 according to their latest regulatory filings, with 22 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 6 closing their positions.
267% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 6
68% more capital invested
Capital invested by funds: $62.2M → $104M (+$42.1M)
30% more call options, than puts
Call options by funds: $64.3M | Put options by funds: $49.5M
28% more funds holding
Funds holding: 58 → 74 (+16)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
10.58% more ownership
Funds ownership: 23.42% → 34.01% (+11%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FNC
First National Corp
Rockland,
Massachusetts
|
+$5.44M |
| 2 |
CM
Cercano Management
Bellevue,
Washington
|
+$4.58M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$4.01M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$3M |
| 5 |
CFIM
Client First Investment Management
West Bend,
Wisconsin
|
+$2.95M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$3.12M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.35M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$688K |
| 5 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
-$601K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PEA
76
Park Edge Advisors
Cleveland,
Ohio
| – | -$601K | -20,172 | Closed |
|
|
FIM
77
Freedom Investment Management
Hartford,
Connecticut
| – | -$454K | -15,230 | Closed |
|
|
TFA
78
Toth Financial Advisory
Leesburg,
Virginia
| – | -$11.9K | -401 | Closed |
|
|
LCM
79
Logan Capital Management
Newtown Square,
Pennsylvania
| – | -$1.49K | -50 | Closed |
|
80
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$893 | -30 | Closed |
|
TBT Hedge Fund Activity: Q4 2024 in Review
74 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q4 2024, worth a combined $104M — up 68% from $62.2M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TBT positions and 6 closed out — a net gain of 16 holders — while 13 added to existing stakes and 11 trimmed.
The largest buyer was First National Corp, adding an estimated $5.44M. The largest seller was Renaissance Technologies, cutting an estimated $3.12M.
- 74 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q4 2024, up from 58 in Q3 2024.
- Funds reported $104M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q4 2024, up 68% quarter-over-quarter.
- 22 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q4 2024 and 6 closed out, a net change of +16 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q4 2024 was First National Corp, an estimated $5.44M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q4 2024 was Renaissance Technologies, an estimated $3.12M sold.
Based on aggregated 13F filings for Q4 2024.