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ProShares Trust UltraShort Lehman 20+ Year Treasury

112 hedge funds and large institutions have $258M invested in ProShares Trust UltraShort Lehman 20+ Year Treasury in 2022 Q2 according to their latest regulatory filings, with 32 funds opening new positions, 14 increasing their positions, 31 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

85% more call options, than puts

Call options by funds: $530M | Put options by funds: $287M

23% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 26

15% more capital invested

Capital invested by funds: $224M → $258M (+$33.2M)

4% more funds holding

Funds holding: 108112 (+4)

2.02% more ownership

Funds ownership: 17.12%19.14% (+2%)

29% less funds holding in top 10

Funds holding in top 10: 75 (-2)

55% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 31

Holders
112
Holders Change
+4
Holders Change %
+3.7%
% of All Funds
1.89%
Holding in Top 10
5
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-28.57%
% of All Funds
0.08%
New
32
Increased
14
Reduced
31
Closed
26
Calls
$530M
Puts
$287M
Net Calls
+$243M
Net Calls Change
+$172M
Name Holding Trade Value Shares
Change
Change in
Stake
Parallax Volatility Advisers
1
Parallax Volatility Advisers
California
$37.2M +$7.16M +281,726 +25%
MSR
2
Main Street Research
Connecticut
$30.3M +$29.5M +1,159,060 New
BNP Paribas Financial Markets
3
BNP Paribas Financial Markets
France
$26.1M +$10.2M +399,735 +67%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$19.6M -$36.8M -1,449,081 -66%
Simplex Trading
5
Simplex Trading
Illinois
$18.3M +$17.8M +699,821 New
SIM
6
Seaview Investment Managers
Florida
$14M +$1.41M +55,469 +12%
KCM
7
Kornitzer Capital Management
Kansas
$12.9M -$9.33M -367,229 -43%
Jane Street
8
Jane Street
New York
$11.6M +$10.5M +411,258 +1,264%
CM
9
CastleKnight Management
New York
$9.88M -$1.27M -49,800 -12%
Bank of America
10
Bank of America
North Carolina
$7.88M
Wolverine Trading
11
Wolverine Trading
Illinois
$7.77M -$6.06M -238,255 -45%
PP
12
Peconic Partners
New York
$6.54M
KIA
13
KCM Investment Advisors
California
$5.65M -$9.03M -355,458 -62%
Goldman Sachs
14
Goldman Sachs
New York
$3.8M
AWM
15
Axxcess Wealth Management
California
$3.42M +$3.32M +130,782 New
SM
16
Southport Management
Wyoming
$3.27M -$1.27M -50,000 -29%
CFA
17
Camarda Financial Advisors
Florida
$2.51M +$2.44M +95,850 New
Bank Julius Baer & Co
18
Bank Julius Baer & Co
Switzerland
$1.9M -$392K -15,427 -17%
CAG
19
Crestwood Advisors Group
Massachusetts
$1.87M +$16.5K +650 +0.9%
FTUS
20
Flow Traders U.S.
New York
$1.87M +$1.82M +71,425 New
EAM
21
Evanson Asset Management
California
$1.8M +$1.75M +68,872 New
GC
22
Gruss & Co
Florida
$1.57M -$1.21M -47,500 -44%
EA
23
Ellsworth Advisors
Ohio
$1.57M -$343K -13,500 -18%
AWS
24
AJ Wealth Strategies
New York
$1.43M -$1.48M -58,410 -52%
PFO
25
Pathstone Family Office
New Jersey
$1.29M

TBT Hedge Fund Activity: Q2 2022 in Review

112 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) for Q2 2022, worth a combined $258M — up 15% from $224M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new TBT positions and 26 closed out — a net gain of 6 holders — while 14 added to existing stakes and 31 trimmed.

The largest buyer was Main Street Research, opening a new position worth an estimated $29.5M. The largest seller was Susquehanna International Group, cutting an estimated $36.8M.

  • 112 institutional investors held ProShares Trust UltraShort Lehman 20+ Year Treasury (TBT) as of Q2 2022, up from 108 in Q1 2022.
  • Funds reported $258M of ProShares Trust UltraShort Lehman 20+ Year Treasury stock for Q2 2022, up 15% quarter-over-quarter.
  • 32 funds opened new ProShares Trust UltraShort Lehman 20+ Year Treasury positions in Q2 2022 and 26 closed out, a net change of +6 holders.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury buyer in Q2 2022 was Main Street Research, an estimated $29.5M added.
  • The largest ProShares Trust UltraShort Lehman 20+ Year Treasury seller in Q2 2022 was Susquehanna International Group, an estimated $36.8M sold.

Based on aggregated 13F filings for Q2 2022.