F/M US Treasury 3 Month BillTBILETF
13F holders, Q4 2025 (December 31)306holders +19
31new positions
23sold out
1famous investor
$49.86avg. 13F price*
At the end of Q4 2025, 306 institutions reported holding F/M US Treasury 3 Month Bill (TBIL) in their 13F filings, up 19 from Q3 2025. 31 opened new positions and 23 sold out. The largest holders were LPL Financial LLC ($489.8M), Morgan Stanley ($489.6M) and Raymond James Financial Inc. ($119.4M). One famous investor held it Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- F/M US Treasury 3 Month Bill
- Filed as
- RBB FD INC (Q4 2025)
- CUSIP
- 74933W452
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 31 | $26.7M |
| Exits | 23 | $38.4M |
All 13F filers, Q3 2025 → Q4 2025: 7,117,477 shares bought and 2,309,425 shares sold, net +4,808,052 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 306 holders
| LPL Financial LLC | 0.13% | Add +2.5% | 9,819,617 | $489.8M |
| Morgan Stanley | 0.03% | Add +11.8% | 9,814,951 | $489.6M |
| Raymond James Financial Inc. | 0.04% | Add +6.9% | 2,393,143 | $119.4M |
| Stifel Financial Corp. | 0.09% | Add +2.4% | 2,069,647 | $103.2M |
| Wells Fargo & Company | 0.02% | Add +30.1% | 1,872,884 | $93.4M |
| Wealth Enhancement Advisory Services, LLC | 0.13% | Add +6.5% | 1,855,333 | $92.6M |
| Obermeyer Wealth Partners | 3.03% | Add +16.4% | 1,328,849 | $66.3M |
| MML Investors Services, LLC | 0.15% | Add +64.4% | 1,253,832 | $62.5M |
| Journey Strategic Wealth LLC | 1.40% | Reduce -2.8% | 1,066,396 | $53.2M |
| Mariner, LLC | 0.06% | Add +112.5% | 1,051,968 | $52.5M |
| Benjamin Edwards Inc. | 0.58% | Add +9.1% | 1,042,588 | $52.0M |
| Total Investment Management Inc. | 6.35% | Reduce -1.3% | 992,874 | $49.5M |
| Envestnet Asset Management Inc. | 0.01% | Add +5.6% | 914,342 | $45.6M |
| Commonwealth Equity Services, LLC | 0.06% | Add +4.9% | 856,000 | $42.7M |
| F/m Investments LLC | 1.52% | Add +3.2% | 802,428 | $40.0M |
| Private Advisor Group, LLC | 0.19% | Add +15.7% | 802,494 | $40.0M |
| AQR Capital Management | 0.02% | Add +1301.5% | 754,771 | $37.6M |
| Mirae Asset Global Investments Co., Ltd. | 0.10% | Add +174.2% | 713,000 | $35.6M |
| UBS Group AG | 0.01% | Reduce -7.1% | 679,664 | $33.9M |
| Cambridge Investment Research Advisors, Inc. | 0.07% | Add +0.5% | 506,130 | $25.2M |
| Revolve Wealth Partners, LLC | 2.85% | Reduce -4.9% | 485,572 | $24.2M |
| CENTRAL TRUST Co | 0.42% | Reduce -9.5% | 428,929 | $21.4M |
| Cetera Investment Advisers | 0.02% | Add +2.7% | 409,700 | $20.4M |
| Scotia Capital Inc. | 0.08% | Reduce -25.3% | 389,023 | $19.4M |
| Steward Partners Investment Advisory, LLC | 0.09% | Add +11.5% | 334,528 | $16.7M |
| Ibex Wealth Advisors | 1.60% | Add +11.3% | 326,600 | $16.3M |
| Avidian Wealth Enterprises, LLC | 0.54% | Add +65.9% | 299,095 | $14.9M |
| VanWeelden Wealth Management, LLC | 11.11% | Add +1.2% | 283,618 | $14.1M |
| Kestra Private Wealth Services, LLC | 0.17% | Reduce -3.0% | 269,250 | $13.4M |
| Family Office Research LLC | 5.48% | Reduce -22.3% | 268,080 | $13.4M |
| Capital Investment Counsel, Inc | 1.53% | Add +72.0% | 261,385 | $13.0M |
| Generation Capital Management LLC | 8.43% | Add +3.5% | 260,693 | $13.0M |
| Lido Advisors, LLC | 0.05% | No change | 252,419 | $12.6M |
| Wealthquest Corp | 0.94% | Add +10.9% | 250,202 | $12.5M |
| Sterling Group Wealth Management, LLC | 5.52% | Add +26.2% | 228,481 | $11.4M |
| Divergent Planning, LLC | 2.90% | Add +9.4% | 227,379 | $11.3M |
| Alpine Bank Wealth Management | 1.57% | Add +28.5% | 222,955 | $11.1M |
| Strait & Sound Wealth Management LLC | 4.11% | Reduce -6.7% | 221,664 | $11.1M |
| Kestra Advisory Services, LLC | 0.04% | Reduce -6.2% | 217,108 | $10.8M |
| Equitable Holdings, Inc. | 0.07% | Add +0.1% | 216,101 | $10.8M |
| JPMorgan Chase & Co. | 0.00% | Reduce -19.8% | 212,606 | $10.6M |
| Pinnacle Financial Partners, Inc. | 0.08% | — | 200,980 | $10.0M |
| Baird Financial Group, Inc. | 0.01% | New | 190,010 | $9.5M |
| Coign Capital Advisors LLC | 4.92% | Reduce -13.7% | 188,365 | $9.4M |
| IFG Advisory, LLC | 0.41% | Add +12.7% | 187,990 | $9.4M |
| Integrated Wealth Concepts LLC | 0.11% | Reduce -63.7% | 177,905 | $8.9M |
| B & T Capital Management DBA Alpha Capital Management | 1.25% | Add +17.4% | 177,742 | $8.9M |
| Money Concepts Capital Corp. | 0.48% | Reduce -2.0% | 170,524 | $8.5M |
| Pinnacle Wealth Management Group, Inc. | 4.19% | Add +2.0% | 167,991 | $8.4M |
| MBL Wealth, LLC | 0.61% | Add +283.8% | 151,497 | $7.6M |
| Neuberger Berman Group LLC | 0.01% | Add +18.9% | 150,872 | $7.5M |
| Susquehanna International Group, LLP | 0.01% | Add +332.8% | 150,315 | $7.5M |
| Northwestern Mutual Wealth Management Co. | 0.00% | Add +49.6% | 149,747 | $7.5M |
| RFG Advisory, LLC | 0.14% | Add +13.9% | 149,543 | $7.5M |
| Boyum Wealth Architects LLC | 3.44% | Add +34.5% | 147,117 | $7.4M |
| Flputnam Investment Management Co. | 0.11% | Add +19.7% | 145,634 | $7.3M |
| Proactive Wealth Strategies LLC | 2.86% | Add +9.3% | 144,655 | $7.2M |
| Clear Creek Financial Management, LLC | 0.58% | Add +22.6% | 142,242 | $7.1M |
| Manchester Financial Inc. | 1.19% | Add +0.6% | 127,331 | $6.4M |
| Stratos Wealth Partners, LTD. | 0.07% | Reduce -7.9% | 123,499 | $6.2M |
| Fiduciary Alliance LLC | 0.40% | Reduce -4.1% | 122,839 | $6.1M |
| Vision Financial Markets LLC | 6.12% | Add +2.9% | 120,088 | $6.0M |
| Sovereign Financial Group, Inc. | 1.05% | Add +9.4% | 117,907 | $5.9M |
| First Heartland Consultants, Inc. | 0.44% | Add +9.3% | 116,159 | $5.8M |
| Sunrise Financial Services, LLC | 4.19% | — | 111,467 | $5.6M |
| Flagship Harbor Advisors, LLC | 0.25% | Reduce -15.3% | 105,865 | $5.3M |
| Copia Wealth Management | 3.76% | Reduce -10.2% | 105,623 | $5.3M |
| Cypress Capital, LLC | 1.47% | Add +59.7% | 105,243 | $5.2M |
| Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors | 0.63% | Add +1.2% | 104,654 | $5.2M |
| Creative Planning | 0.00% | Add +1854.2% | 103,708 | $5.2M |
| Spinnaker Investment Group, LLC | 0.93% | Add +1370.0% | 103,207 | $5.1M |
| Tidal Investments LLC | 0.02% | Add +6.0% | 101,428 | $5.1M |
| Jaffetilchin Investment Partners, LLC | 0.29% | Add +8.3% | 100,353 | $5.0M |
| Founders Financial Alliance, LLC | 0.93% | Add +29.1% | 99,066 | $4.9M |
| Hilton Capital Management, LLC | 0.37% | Reduce -2.4% | 97,635 | $4.9M |
| Forum Financial Management, LP | 0.06% | Reduce -5.7% | 95,989 | $4.8M |
| Wealthcare Advisory Partners LLC | 0.09% | Reduce -1.9% | 95,676 | $4.8M |
| &partners | 0.02% | Add +6.3% | 94,503 | $4.7M |
| World Investment Advisors | 0.08% | Add +162.8% | 92,667 | $4.6M |
| Formidable Asset Management, LLC | 0.65% | Reduce -20.6% | 89,170 | $4.5M |
| DAVENPORT & Co LLC | 0.02% | Reduce -1.2% | 86,143 | $4.3M |
| Ashton Thomas Private Wealth, LLC | 0.10% | Reduce -7.2% | 85,059 | $4.2M |
| Flow Traders U.S. LLC | 0.14% | Add +67.9% | 83,634 | $4.2M |
| Global View Capital Management LLC | 0.76% | Reduce -8.0% | 81,795 | $4.1M |
| Farther Finance Advisors, LLC | 0.04% | Add +7.0% | 80,270 | $4.0M |
| Concurrent Investment Advisors, LLC | 0.04% | Add +15.2% | 76,863 | $3.8M |
| Beacon Pointe Advisors, LLC | 0.02% | Add +1.6% | 70,684 | $3.5M |
| Kraft, Davis & Associates, LLC | 0.79% | Reduce -3.0% | 70,228 | $3.5M |
| Independent Financial Group, LLC | 0.08% | Add +9.3% | 70,059 | $3.5M |
| Crew Capital Management, Ltd | 2.10% | Add +7.1% | 66,863 | $3.3M |
| Matauro, LLC | 0.47% | Add +23.5% | 63,217 | $3.2M |
| HighTower Advisors, LLC | 0.00% | Reduce -6.8% | 61,767 | $3.1M |
| AdvisorNet Financial, Inc | 0.15% | Reduce -34.6% | 57,696 | $2.9M |
| Captrust Financial Advisors | 0.01% | Add +494.5% | 57,683 | $2.9M |
| Parallel Advisors, LLC | 0.05% | Reduce -16.6% | 57,634 | $2.9M |
| Great Valley Advisor Group, Inc. | 0.05% | Add +7.4% | 57,274 | $2.9M |
| KW Wealth Management LLC | 4.33% | Add +137.9% | 57,160 | $2.9M |
| Orion Porfolio Solutions, LLC | 0.02% | Reduce -2.1% | 56,481 | $2.8M |
| Fortis Group Advisors, LLC | 0.46% | Add +3.6% | 55,317 | $2.8M |
| Longview Financial Advisors, Inc. | 1.83% | Reduce -10.2% | 53,944 | $2.7M |
"% of holder's portfolio" is TBIL's weight in each manager's 13F, not the share of F/M US Treasury 3 Month Bill the manager owns.