ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
136 hedge funds and large institutions have $169M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 25 increasing their positions, 38 reducing their positions, and 21 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
22% more capital invested
Capital invested by funds: $139M → $169M (+$30M)
1.29% more ownership
Funds ownership: 6.31% → 7.6% (+1.3%)
10% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 21
7% more call options, than puts
Call options by funds: $260M | Put options by funds: $242M
0% more funds holding
Funds holding: 136 → 136 (0)
34% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 38
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$9.74M |
| 3 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$6.99M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$6M |
| 5 |
Jane Street
New York
|
+$5.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Antipodes Partners
Royal Exchange,
Australia
|
-$2.8M |
| 2 |
Millennium Management
New York
|
-$2.72M |
| 3 |
Goldman Sachs
New York
|
-$2.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.05M |
| 5 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$2.04M |
TBT Hedge Fund Activity: Q1 2017 in Review
136 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q1 2017, worth a combined $169M — up 22% from $139M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new TBT positions and 21 closed out — a net gain of 2 holders — while 25 added to existing stakes and 38 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $10.5M. The largest seller was Antipodes Partners, exiting entirely with an estimated $2.8M sold.
- 136 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $169M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q1 2017, up 22% quarter-over-quarter.
- 23 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q1 2017 and 21 closed out, a net change of +2 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q1 2017 was Susquehanna International Group, an estimated $10.5M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q1 2017 was Antipodes Partners, an estimated $2.8M sold.
Based on aggregated 13F filings for Q1 2017.