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ProShares Trust UltraShort Lehman 20+ Year Treasury

147 hedge funds and large institutions have $366M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2013 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 41 increasing their positions, 50 reducing their positions, and 30 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 30

1% less funds holding

Funds holding: 149147 (-2)

6.78% less ownership

Funds ownership: 16.17%9.39% (-6.8%)

18% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 50

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

28% less call options, than puts

Call options by funds: $740M | Put options by funds: $1.03B

42% less capital invested

Capital invested by funds: $637M → $366M (-$270M)

Holders
147
Holders Change
-2
Holders Change %
-1.34%
% of All Funds
4.77%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.19%
New
29
Increased
41
Reduced
50
Closed
30
Calls
$740M
Puts
$1.03B
Net Calls
-$290M
Net Calls Change
-$116M
Name Holding Trade Value Shares
Change
Change in
Stake
MAA
151
Managed Account Advisors
New Jersey
-$9.39M -129,696 Closed
AUIM
152
Aegon USA Investment Management
Iowa
-$8.54M -117,890 Closed
RJFSA
153
Raymond James Financial Services Advisors
Florida
-$2.7M -37,221 Closed
SCMF
154
Sage Capital Management (Florida)
Florida
-$2.69M -37,124 Closed
BFIC
155
Bedell Frazier Investment Counselling
California
-$2.31M -30,271 Closed
ST
156
Spot Trading
Illinois
-$2.2M -28,485 Closed
EM
157
EnTrustPermal Management
New York
-$1.88M -25,909 Closed
DT
158
Diversified Trust
Tennessee
-$1.18M -16,275 Closed
BTS
159
BB&T Securities
Virginia
-$10.1K -13,985 Closed
DC
160
Davenport & Co
Virginia
-$834K -11,515 Closed
SAG
161
Sterne Agee Group
Alabama
-$789K -10,900 Closed
TFA
162
Toth Financial Advisory
Virginia
-$783K -10,816 Closed
CPA
163
Columbia Pacific Advisors
Washington
-$652K -9,000 Closed
UR
164
USCA RIA
Texas
-$305K -4,205 Closed
HCM
165
Horrell Capital Management
Arkansas
-$272K -3,750 Closed
AC
166
Addenda Capital
Quebec, Canada
-$214K -3,125 Closed
SNC
167
Stifel Nicolaus & Co
Missouri
-$201K -2,774 Closed
TI
168
Turner Investments
Pennsylvania
-$157K -2,170 Closed
CCA
169
Catalyst Capital Advisors
New York
-$145K -2,000 Closed
FBC
170
Fairfield, Bush & Co
Connecticut
-$103K -1,416 Closed
KPCM
171
Kings Point Capital Management
New York
-$91K -1,250 Closed
OCM
172
Osterweis Capital Management
California
-$18K -250 Closed
BAM
173
BTS Asset Management
Massachusetts
-$10K -136 Closed
SFSIG
174
San Francisco Sentry Investment Group
California
-$9K -125 Closed
SMA
175
Simply Money Advisors
Ohio
-$9K -125 Closed

TBT Hedge Fund Activity: Q3 2013 in Review

147 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2013, worth a combined $366M — down 42% from $637M a quarter earlier.

Sellers outnumbered buyers: 30 funds closed out of TBT and 29 opened new positions — a net loss of 1 holder — while 50 trimmed existing stakes and 41 added.

The largest buyer was UBS, adding an estimated $10.3M. The largest seller was Susquehanna International Group, cutting an estimated $190M.

  • 147 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2013, down from 149 in Q2 2013.
  • Funds reported $366M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2013, down 42% quarter-over-quarter.
  • 29 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2013 and 30 closed out, a net change of -1 holder.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2013 was UBS, an estimated $10.3M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2013 was Susquehanna International Group, an estimated $190M sold.

Based on aggregated 13F filings for Q3 2013.