US Treasury 6 Month Bill ETF
XBIL
84 hedge funds and large institutions have $413M invested in US Treasury 6 Month Bill ETF in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 35 increasing their positions, 23 reducing their positions, and 13 closing their positions.
62% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 13
52% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 23
18% more capital invested
Capital invested by funds: $348M → $413M (+$64.3M)
8% more funds holding
Funds holding: 78 → 84 (+6)
2.45% more ownership
Funds ownership: 55.52% → 57.97% (+2.5%)
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$18.3M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$12.8M |
| 3 |
AFAS
Acorn Financial Advisory Services
Reston,
Virginia
|
+$7.63M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$5.45M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Milestone Asset Management
Pittsburgh,
Pennsylvania
|
-$14.3M |
| 2 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$1.59M |
| 3 |
DWM
Denver Wealth Management
Denver,
Colorado
|
-$1.23M |
| 4 |
FFA
Farther Finance Advisors
San Francisco,
California
|
-$1.14M |
| 5 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
-$671K |
XBIL Hedge Fund Activity: Q1 2025 in Review
84 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in US Treasury 6 Month Bill ETF (XBIL) for Q1 2025, worth a combined $413M — up 18% from $348M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new XBIL positions and 13 closed out — a net gain of 8 holders — while 35 added to existing stakes and 23 trimmed.
The largest buyer was LPL Financial, adding an estimated $18.3M. The largest seller was Milestone Asset Management, cutting an estimated $14.3M.
- 84 institutional investors held US Treasury 6 Month Bill ETF (XBIL) as of Q1 2025, up from 78 in Q4 2024.
- Funds reported $413M of US Treasury 6 Month Bill ETF stock for Q1 2025, up 18% quarter-over-quarter.
- 21 funds opened new US Treasury 6 Month Bill ETF positions in Q1 2025 and 13 closed out, a net change of +8 holders.
- The largest US Treasury 6 Month Bill ETF buyer in Q1 2025 was LPL Financial, an estimated $18.3M added.
- The largest US Treasury 6 Month Bill ETF seller in Q1 2025 was Milestone Asset Management, an estimated $14.3M sold.
Based on aggregated 13F filings for Q1 2025.