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ProShares Trust UltraShort Lehman 20+ Year Treasury

151 hedge funds and large institutions have $350M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2015 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 25 increasing their positions, 50 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $756M | Put options by funds: $468M

22% more capital invested

Capital invested by funds: $287M → $350M (+$63.6M)

8% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 24

1% more funds holding

Funds holding: 150151 (+1)

0.21% less ownership

Funds ownership: 10.66%10.45% (-0.21%)

33% less funds holding in top 10

Funds holding in top 10: 64 (-2)

50% less repeat investments, than reductions

Existing positions increased: 25 | Existing positions reduced: 50

Holders
151
Holders Change
+1
Holders Change %
+0.67%
% of All Funds
4.07%
Holding in Top 10
4
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-33.33%
% of All Funds
0.11%
New
26
Increased
25
Reduced
50
Closed
24
Calls
$756M
Puts
$468M
Net Calls
+$288M
Net Calls Change
+$214M
Name Holding Trade Value Shares
Change
Change in
Stake
NSLI
1
Nan Shan Life Insurance
Taiwan
$139M +$81.5M +1,741,226 +166%
Bank of America
2
Bank of America
North Carolina
$23.1M +$1.65M +35,353 +8%
IWC
3
Integrated Wealth Counsel
California
$22.8M -$2.69M -57,425 -11%
LPL Financial
4
LPL Financial
California
$17.1M -$1.54M -32,998 -9%
Barclays
5
Barclays
United Kingdom
$11.8M +$8.64M +184,602 +328%
TAM
6
Trust Asset Management
Texas
$10.9M
Morgan Stanley
7
Morgan Stanley
New York
$10.2M -$122K -2,616 -1%
Goldman Sachs
8
Goldman Sachs
New York
$8.77M -$11.9M -254,128 -59%
Parallax Volatility Advisers
9
Parallax Volatility Advisers
California
$6.76M +$6.35M +135,699 +13,569,900%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$6.67M -$3.18M -67,887 -34%
CS
11
Credit Suisse
Switzerland
$5.21M -$32.8M -699,990 -87%
SG Americas Securities
12
SG Americas Securities
New York
$4.86M +$3.87M +82,603 +551%
Jane Street
13
Jane Street
New York
$4.65M -$330K -7,047 -7%
KCM
14
Key Colony Management
Arkansas
$4.28M
RJA
15
Raymond James & Associates
Florida
$4.08M +$903K +19,300 +31%
Neuberger Berman Group
16
Neuberger Berman Group
New York
$4.03M +$499K +10,665 +15%
11A
17
10-15 Associates
New York
$3.38M -$173K -3,702 -5%
MFS
18
Monetta Financial Services
Illinois
$3.24M +$2.39M +51,000 +364%
IIA
19
IPG Investment Advisors
California
$3.01M -$270K -5,770 -9%
CA
20
Commerzbank Aktiengesellschaft
Germany
$2.82M -$643K -13,745 -20%
JP Morgan Chase
21
JP Morgan Chase
New York
$2.66M -$17.8M -379,760 -88%
WPIC
22
White Pine Investment Company
Michigan
$2.46M -$43.3K -925 -2%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$2.15M -$1.02M -21,700 -33%
CICI
24
Capital Investment Counsel Inc
North Carolina
$2.13M +$37.4K +800 +2%
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$2.08M -$55.2K -1,180 -3%

TBT Hedge Fund Activity: Q2 2015 in Review

151 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q2 2015, worth a combined $350M — up 22% from $287M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new TBT positions and 24 closed out — a net gain of 2 holders — while 25 added to existing stakes and 50 trimmed.

The largest buyer was Nan Shan Life Insurance, adding an estimated $81.5M. The largest seller was Credit Suisse, cutting an estimated $32.8M.

  • 151 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q2 2015, up from 150 in Q1 2015.
  • Funds reported $350M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q2 2015, up 22% quarter-over-quarter.
  • 26 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q2 2015 and 24 closed out, a net change of +2 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q2 2015 was Nan Shan Life Insurance, an estimated $81.5M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q2 2015 was Credit Suisse, an estimated $32.8M sold.

Based on aggregated 13F filings for Q2 2015.