ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
121 hedge funds and large institutions have $346M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2021 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 38 increasing their positions, 16 reducing their positions, and 25 closing their positions.
138% more repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 16
43% more call options, than puts
Call options by funds: $335M | Put options by funds: $234M
28% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 25
12% more capital invested
Capital invested by funds: $309M → $346M (+$36.8M)
6% more funds holding
Funds holding: 114 → 121 (+7)
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
1.42% less ownership
Funds ownership: 24.58% → 23.16% (-1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$29.3M |
| 2 |
KCM
Kornitzer Capital Management
Shawnee Mission,
Kansas
|
+$15.5M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$13.3M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$11.4M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$53.8M |
| 2 |
SAM
Scion Asset Management
Saratoga,
California
|
-$6.11M |
| 3 |
NAG
Northstar Advisory Group
Northfield,
New Jersey
|
-$5.07M |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$2.14M |
| 5 |
SFSIG
San Francisco Sentry Investment Group
San Francisco,
California
|
-$1.42M |
TBT Hedge Fund Activity: Q2 2021 in Review
121 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q2 2021, worth a combined $346M — up 12% from $309M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new TBT positions and 25 closed out — a net gain of 7 holders — while 38 added to existing stakes and 16 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $29.3M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $53.8M sold.
- 121 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q2 2021, up from 114 in Q1 2021.
- Funds reported $346M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q2 2021, up 12% quarter-over-quarter.
- 32 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q2 2021 and 25 closed out, a net change of +7 holders.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q2 2021 was Susquehanna International Group, an estimated $29.3M added.
- The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q2 2021 was Nan Shan Life Insurance, an estimated $53.8M sold.
Based on aggregated 13F filings for Q2 2021.