ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
143 hedge funds and large institutions have $280M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2017 Q4 according to their latest regulatory filings, with 35 funds opening new positions, 26 increasing their positions, 39 reducing their positions, and 26 closing their positions.
35% more first-time investments, than exits
New positions opened: 35 | Existing positions closed: 26
27% more call options, than puts
Call options by funds: $295M | Put options by funds: $232M
7% more funds holding
Funds holding: 134 → 143 (+9)
1.09% more ownership
Funds ownership: 12.85% → 13.94% (+1.1%)
4% more capital invested
Capital invested by funds: $269M → $280M (+$10.7M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
33% less repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 39
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
Bramshill Investments
Naples,
Florida
|
+$10.1M |
| 2 |
QFA
Quattro Financial Advisors
The Woodlands,
Texas
|
+$7.33M |
| 3 |
PSCM
Prince Street Capital Management
New York
|
+$5.92M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$3.65M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Ardsley Advisory Partners
Stamford,
Connecticut
|
-$6.65M |
| 2 |
AIP
Almanack Investment Partners
Wayne,
Pennsylvania
|
-$5.73M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$4.91M |
| 4 |
CI
Conning Inc
Hartford,
Connecticut
|
-$1.82M |
| 5 |
SCM
Southport Capital Management
Chattanooga,
Tennessee
|
-$1.25M |
TBT Hedge Fund Activity: Q4 2017 in Review
143 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q4 2017, worth a combined $280M — up 4% from $269M a quarter earlier.
Buyers outnumbered sellers: 35 funds opened new TBT positions and 26 closed out — a net gain of 9 holders — while 26 added to existing stakes and 39 trimmed.
The largest buyer was Bramshill Investments, adding an estimated $10.1M. The largest seller was Ardsley Advisory Partners, cutting an estimated $6.65M.
- 143 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q4 2017, up from 134 in Q3 2017.
- Funds reported $280M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q4 2017, up 4% quarter-over-quarter.
- 35 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q4 2017 and 26 closed out, a net change of +9 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q4 2017 was Bramshill Investments, an estimated $10.1M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q4 2017 was Ardsley Advisory Partners, an estimated $6.65M sold.
Based on aggregated 13F filings for Q4 2017.