ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
106 hedge funds and large institutions have $242M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2022 Q3 according to their latest regulatory filings, with 24 funds opening new positions, 25 increasing their positions, 31 reducing their positions, and 29 closing their positions.
60% more funds holding in top 10
Funds holding in top 10: 5 → 8 (+3)
24% more call options, than puts
Call options by funds: $405M | Put options by funds: $326M
0.7% more ownership
Funds ownership: 19.14% → 19.84% (+0.7%)
5% less funds holding
Funds holding: 112 → 106 (-6)
6% less capital invested
Capital invested by funds: $258M → $242M (-$15.9M)
17% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 29
19% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 31
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$5.92M |
| 2 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$4.34M |
| 3 |
Renaissance Technologies
New York
|
+$3.1M |
| 4 |
MFS
Mirabella Financial Services
London,
United Kingdom
|
+$2.74M |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
-$33.9M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$18.3M |
| 3 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
-$9.62M |
| 4 |
Jane Street
New York
|
-$5.14M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$3.29M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWAF
126
Core Wealth Advisors (Florida)
Lakeland,
Florida
| – | -$8K | -300 | Closed |
|
|
TCWM
127
Total Clarity Wealth Management
St. Charles,
Illinois
| – | -$8K | -300 | Closed |
|
|
PH
128
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$5.23K | -200 | Closed |
|
|
HCM
129
Highlander Capital Management
Short Hills,
New Jersey
| – | -$3K | -125 | Closed |
|
|
PFGIA
130
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| – | -$2K | -69 | Closed |
|
|
HWMA
131
Heritage Wealth Management (Arizona)
Phoenix,
Arizona
| – | -$785 | -30 | Closed |
|
|
CA
132
CoreCap Advisors
Southfield,
Michigan
| – | -$1K | -20 | Closed |
|
133
Fidelity Investments
Boston,
Massachusetts
| – | +$27 | +1 | New |
|
TBT Hedge Fund Activity: Q3 2022 in Review
106 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2022, worth a combined $242M — down 6.2% from $258M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of TBT and 24 opened new positions — a net loss of 5 holders — while 31 trimmed existing stakes and 25 added.
The largest buyer was Bullseye Investment Management, opening a new position worth an estimated $5.92M. The largest seller was Parallax Volatility Advisers, cutting an estimated $33.9M.
- 106 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2022, down from 112 in Q2 2022.
- Funds reported $242M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2022, down 6.2% quarter-over-quarter.
- 24 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2022 and 29 closed out, a net change of -5 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2022 was Bullseye Investment Management, an estimated $5.92M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2022 was Parallax Volatility Advisers, an estimated $33.9M sold.
Based on aggregated 13F filings for Q3 2022.