ProShares Short 20+ Year Treasury logo

ProShares Short 20+ Year Treasury

TBFARCA

ProShares Short 20+ Year Treasury is an exchange-traded fund on ARCA. As of Q3 2025, 28 institutional investors hold shares in this ETF, with total holdings valued at $10.3M. Sepio Capital, LLC is the largest holder with a position valued at $3.1M.

Overview

Overview of institutional ownership in TBF as of Q3 2025

All Institutions

Institutions
28
Value Held
$10.3M
Shares Held
435.0K
Avg Position
$368.5K
Median Position
$87.8K

Hedge Funds

Hedge Funds
1
Value Held
$201.5K
Shares Held
8.5K
Avg Position
$201.5K
Median Position
$201.5K

Biggest Investors

Institutions with the largest positions in TBF as of Q3 2025

InstitutionPosition Value
$3.1M
0.20% of portfolio
$2.2M
0.03% of portfolio
MORGAN STANLEY logo
MORGAN STANLEY
RIA/Wealth
$1.3M
0.00% of portfolio
$498.1K
0.01% of portfolio
$475.6K
0.01% of portfolio
$448.3K
0.09% of portfolio
$407.1K
0.33% of portfolio
$399.6K
0.10% of portfolio
$278.7K
0.00% of portfolio
$237.2K
0.10% of portfolio

Net Capital Flow

Institutional buying and selling activity for TBF in Q3 2025

Traded
$12.8M
Buyers
9
Sellers
16
Total Bought
+$1.2M
Total Sold
$14.0M
Avg Position
$264.6K

Biggest Buyers

InstitutionNet Bought
+$475.6K
+20.1K shares
+$407.1K
+17.2K shares
CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
+$201.5K
+8.5K shares
+$119.8K
+5.1K shares
+$6.5K
+275.0 shares
+$1.4K
+-31.7K shares
UBS Group AG logo
UBS Group AG
Institution
+$356.0
+-1.6K shares
+$23.7
+1.0 shares
+$0.0
+0.0 shares

Biggest Sellers

InstitutionNet Sold
$4.4M
183.6K shares
$2.2M
92.0K shares
$2.0M
81.0K shares
L
$1.6M
65.1K shares
$1.2M
47.7K shares
$701.6K
29.6K shares
$580.1K
24.0K shares
MORGAN STANLEY logo
MORGAN STANLEY
RIA/Wealth
$366.7K
15.5K shares
$365.0K
15.1K shares
G
$364.8K
15.1K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited TBF in Q3 2025

New Positions
0
New Value
-
Exited Positions
11
Exited Value
$13.0M

New Positions

InstitutionPosition Value
No new positions found

Exited Positions

InstitutionPrevious Position
$4.4M
183.6K shares
$2.2M
92.0K shares
$2.0M
81.0K shares
L
$1.6M
65.1K shares
$1.2M
47.7K shares
$580.1K
24.0K shares
$365.0K
15.1K shares
G
$364.8K
15.1K shares
$201.2K
8.3K shares
$72.5K
3.0K shares

Options Activity

Institutions with the largest Call and Put options positions in TBF as of Q3 2025

Call Positions
1
Call Value
$308.4K
Put Positions
1
Put Value
$851.5K

Call Positions

InstitutionPosition Value
$308.4K
130.0 contracts

Put Positions

InstitutionPosition Value
$851.5K
359.0 contracts

Most Committed Institutions

Institutions with TBF as the highest % of their portfolio as of Q3 2025

InstitutionPortfolio Weight
0.33%
$407.1K
0.20%
$3.1M
0.10%
$399.6K
0.10%
$237.2K
0.09%
$448.3K
0.03%
$2.2M
0.02%
$237.2K
0.01%
$498.1K
0.01%
$475.6K
0.00%
$104.4K

Hedge Fund Spotlight

Discover hedge funds investing in TBF

CITADEL ADVISORS LLC logo
CITADEL ADVISORS LLC
Hedge FundMulti-Strategy
Portfolio ManagerKenneth Cordele Griffin
Portfolio Value
$122.08B
Positions
5,531
Last Reported
Q3 2025
AddressMiami, FL
Sector Allocation
Technology: 19.30%TechnologyHealthcare: 13.00%HealthcareFinancial Services: 12.00%Financial ServicesIndustrials: 10.80%IndustrialsConsumer Cyclical: 10.30%Consumer CyclicalConsumer Defensive: 5.70%ETF: 5.70%Communication Services: 4.90%Real Estate: 3.40%Energy: 3.30%Basic Materials: 3.00%Utilities: 2.70%
ProShares Short 20+ Year Treasury logo

Position in ProShares Short 20+ Year Treasury

Market Value
$201.5K
Shares Held
8.5K
Portfolio Weight
0.00%
Owned Since
2021-Q4
Top HoldingSectorMarket ValueWeight
Software - Infrastructure
Technology
$2.1B1.68%
2
Nvidia logo
Nvidia
NVDA
Semiconductors
Technology
$1.8B1.50%
Internet Content & Information
Communication Services
$1.4B1.18%

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