ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
86 hedge funds and large institutions have $63.5M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 16 increasing their positions, 17 reducing their positions, and 11 closing their positions.
118% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 11
66% more capital invested
Capital invested by funds: $38.3M → $63.5M (+$25.2M)
64% more call options, than puts
Call options by funds: $104M | Put options by funds: $63.5M
18% more funds holding
Funds holding: 73 → 86 (+13)
3.91% more ownership
Funds ownership: 8.62% → 12.53% (+3.9%)
6% less repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
+$19.7M |
| 2 |
BAM
Brave Asset Management
Summit,
New Jersey
|
+$4.34M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$1.56M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$1.35M |
| 5 |
CI
Centerstone Investors
New York
|
+$984K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.57M |
| 2 |
AssetMark Inc
Concord,
California
|
-$3.46M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.8M |
| 4 |
Jane Street
New York
|
-$1.59M |
| 5 |
Goldman Sachs
New York
|
-$1.24M |
TBT Hedge Fund Activity: Q4 2020 in Review
86 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q4 2020, worth a combined $63.5M — up 66% from $38.3M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new TBT positions and 11 closed out — a net gain of 13 holders — while 16 added to existing stakes and 17 trimmed.
The largest buyer was Nan Shan Life Insurance, opening a new position worth an estimated $19.7M. The largest seller was Citadel Advisors, cutting an estimated $5.57M.
- 86 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q4 2020, up from 73 in Q3 2020.
- Funds reported $63.5M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q4 2020, up 66% quarter-over-quarter.
- 24 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q4 2020 and 11 closed out, a net change of +13 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q4 2020 was Nan Shan Life Insurance, an estimated $19.7M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q4 2020 was Citadel Advisors, an estimated $5.57M sold.
Based on aggregated 13F filings for Q4 2020.