ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
151 hedge funds and large institutions have $306M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2015 Q3 according to their latest regulatory filings, with 26 funds opening new positions, 30 increasing their positions, 45 reducing their positions, and 24 closing their positions.
75% more funds holding in top 10
Funds holding in top 10: 4 → 7 (+3)
33% more call options, than puts
Call options by funds: $469M | Put options by funds: $354M
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
0.26% more ownership
Funds ownership: 10.45% → 10.71% (+0.26%)
0% more funds holding
Funds holding: 151 → 151 (0)
13% less capital invested
Capital invested by funds: $350M → $306M (-$44.7M)
33% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 45
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$5.74M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.03M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$4.06M |
| 4 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$3.76M |
| 5 |
SG Americas Securities
New York
|
+$3.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$16.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.85M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.83M |
| 4 |
Barclays
London,
United Kingdom
|
-$3.72M |
| 5 |
Jane Street
New York
|
-$3.67M |
TBT Hedge Fund Activity: Q3 2015 in Review
151 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q3 2015, worth a combined $306M — down 13% from $350M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new TBT positions and 24 closed out — a net gain of 2 holders — while 30 added to existing stakes and 45 trimmed.
The largest buyer was UBS Group, adding an estimated $5.74M. The largest seller was Nan Shan Life Insurance, cutting an estimated $16.8M.
- 151 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q3 2015, unchanged from Q2 2015.
- Funds reported $306M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q3 2015, down 13% quarter-over-quarter.
- 26 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q3 2015 and 24 closed out, a net change of +2 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q3 2015 was UBS Group, an estimated $5.74M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q3 2015 was Nan Shan Life Insurance, an estimated $16.8M sold.
Based on aggregated 13F filings for Q3 2015.