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ProShares Trust UltraShort Lehman 20+ Year Treasury

167 hedge funds and large institutions have $478M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2014 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 44 increasing their positions, 56 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more funds holding in top 10

Funds holding in top 10: 89 (+1)

1.18% less ownership

Funds ownership: 12.48%11.3% (-1.2%)

3% less funds holding

Funds holding: 173167 (-6)

7% less capital invested

Capital invested by funds: $517M → $478M (-$38.2M)

21% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 56

23% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 26

34% less call options, than puts

Call options by funds: $597M | Put options by funds: $911M

Holders
167
Holders Change
-6
Holders Change %
-3.47%
% of All Funds
4.85%
Holding in Top 10
9
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+12.5%
% of All Funds
0.26%
New
20
Increased
44
Reduced
56
Closed
26
Calls
$597M
Puts
$911M
Net Calls
-$313M
Net Calls Change
+$141M
Name Holding Trade Value Shares
Change
Change in
Stake
DADC
151
D.A. Davidson & Co
Montana
$30K
BAM
152
Brave Asset Management
New Jersey
$28K
SGC
153
South Georgia Capital
Illinois
$28K +$14.6K +250 +100%
HI
154
Hudock Inc
Pennsylvania
$24K +$10.9K +187 +80%
PAI
155
Pittenger & Anderson Inc
Nebraska
$20K
LFR
156
Lehman Financial Resources
Pennsylvania
$11K
AP
157
Atwood & Palmer
Missouri
$5K
OIA
158
Optimum Investment Advisors
Illinois
$5K +$5.82K +100 New
GAM
159
Gemmer Asset Management
California
$4K
CDIA
160
Capital Directions Investment Advisors
Georgia
$4K +$4.37K +75 New
JAM
161
Jolley Asset Management
North Carolina
$3K
PCTC
162
Perkins Coie Trust Company
Washington
$2K
TCM
163
Tradewinds Capital Management
Washington
$2K
TFA
164
Transamerica Financial Advisors
Florida
$1K -$582 -10 -91%
GI
165
Gradient Investments
Minnesota
$1K
WRM
166
Westport Resources Management
Connecticut
$1K
Manulife (Manufacturers Life Insurance)
167
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$111 -$23.7K -407 -17%
DS
168
DRW Securities
Illinois
-$1.67M -27,491 Closed
ICMC
169
Intrepid Capital Management (Connecticut)
Connecticut
-$1.52M -25,000 Closed
ACI
170
Alpha Cubed Investments
California
-$1.29M -21,218 Closed
PGIM
171
Pacific Global Investment Management
California
-$1.1M -18,045 Closed
KC
172
Kingfisher Capital
North Carolina
-$1.06M -17,480 Closed
PWPCM
173
Perella Weinberg Partners Capital Management
New York
-$911K -15,000 Closed
GC
174
Gruss & Co
Florida
-$607K -10,000 Closed
BAAM
175
Baker Avenue Asset Management
California
-$523K -8,610 Closed

TBT Hedge Fund Activity: Q3 2014 in Review

167 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2014, worth a combined $478M — down 7.4% from $517M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of TBT and 20 opened new positions — a net loss of 6 holders — while 56 trimmed existing stakes and 44 added.

The largest buyer was Susquehanna International Group, adding an estimated $22M. The largest seller was Deutsche Bank, cutting an estimated $27.4M.

  • 167 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2014, down from 173 in Q2 2014.
  • Funds reported $478M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2014, down 7.4% quarter-over-quarter.
  • 20 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2014 and 26 closed out, a net change of -6 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2014 was Susquehanna International Group, an estimated $22M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2014 was Deutsche Bank, an estimated $27.4M sold.

Based on aggregated 13F filings for Q3 2014.