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ProShares Trust UltraShort Lehman 20+ Year Treasury

143 hedge funds and large institutions have $286M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2016 Q3 according to their latest regulatory filings, with 28 funds opening new positions, 24 increasing their positions, 38 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

115% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 13

11% more funds holding

Funds holding: 129143 (+14)

2% more call options, than puts

Call options by funds: $229M | Put options by funds: $225M

2.42% less ownership

Funds ownership: 17.3%14.89% (-2.4%)

11% less capital invested

Capital invested by funds: $320M → $286M (-$34.6M)

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

37% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 38

Holders
143
Holders Change
+14
Holders Change %
+10.85%
% of All Funds
3.82%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.11%
New
28
Increased
24
Reduced
38
Closed
13
Calls
$229M
Puts
$225M
Net Calls
+$4.32M
Net Calls Change
-$739K
Name Holding Trade Value Shares
Change
Change in
Stake
LCM
126
Liberty Capital Management
Michigan
$4K +$3.6K +115 New
MFS
127
MSI Financial Services
Massachusetts
$4K +$3.91K +125 New
HR
128
Howe & Rusling
New York
$4K +$4.23K +135 New
AWM
129
Avior Wealth Management
Nebraska
$3K
TCM
130
Tradewinds Capital Management
Washington
$3K +$3.13K +100 New
CDIA
131
Capital Directions Investment Advisors
Georgia
$2K
DBT
132
Dubuque Bank & Trust
Iowa
$2K
IF
133
Ironwood Financial
Arizona
$2K
OC
134
Oakworth Capital
Alabama
$2K
JFA
135
JNBA Financial Advisors
Minnesota
$2K +$2.19K +70 New
S
136
SignatureFD
Georgia
$2K +$2.19K +70 New
FNYS
137
First New York Securities
New York
$1.9K -$2.5K -80 -57%
HI
138
Hudock Inc
Pennsylvania
$1K -$5.57K -178 -76%
First Manhattan
139
First Manhattan
New York
$1K
GI
140
Gradient Investments
Minnesota
$1K
PCTC
141
Perkins Coie Trust Company
Washington
$1K
PSC
142
Prentiss Smith & Co
Vermont
$1K
TFA
143
Transamerica Financial Advisors
Florida
$1K +$31 +1 New
Neuberger Berman Group
144
Neuberger Berman Group
New York
-$1.49M -47,042 Closed
CCP
145
Cyrus Capital Partners
New York
-$792K -25,000 Closed
TH
146
Timber Hill
Connecticut
-$570K -17,987 Closed
TSS
147
Two Sigma Securities
New York
-$490K -15,467 Closed
UAS
148
United Asset Strategies
New York
-$392K -12,370 Closed
MHP
149
Manatuck Hill Partners
Connecticut
-$301K -9,500 Closed
Cambridge Investment Research Advisors
150
Cambridge Investment Research Advisors
Iowa
-$292K -9,210 Closed

TBT Hedge Fund Activity: Q3 2016 in Review

143 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2016, worth a combined $286M — down 11% from $320M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new TBT positions and 13 closed out — a net gain of 15 holders — while 24 added to existing stakes and 38 trimmed.

The largest buyer was Cobalt Capital Management, opening a new position worth an estimated $11.3M. The largest seller was FNY Managed Accounts, cutting an estimated $18.8M.

  • 143 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2016, up from 129 in Q2 2016.
  • Funds reported $286M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2016, down 11% quarter-over-quarter.
  • 28 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2016 and 13 closed out, a net change of +15 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2016 was Cobalt Capital Management, an estimated $11.3M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2016 was FNY Managed Accounts, an estimated $18.8M sold.

Based on aggregated 13F filings for Q3 2016.