MD Financial Management’s Invesco DB Commodity Index Tracking Fund DBC Stock Holding History

MD Financial Management’s Portfolio DBC Stock Details DBC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q1	–	Sell	-1,777,773	Closed	-$25.8M	–	35
2018 Q4	$25.8M	Buy	1,777,773 +65,101	+4%	+$1.07M	1.28%	25
2018 Q3	$30.8M	Sell	1,712,672 -5,565	-0.3%	-$95.8K	1.4%	24
2018 Q2	$30.4M	Sell	1,718,237 -141,116	-8%	-$2.48M	1.41%	25
2018 Q1	$31.6M	Sell	1,859,353 -330,020	-15%	-$5.53M	1.51%	26
2017 Q4	$36.4M	Buy	+2,189,373	New	+$35M	1.78%	25

Other funds holding DBC

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

JPC

Jabodon PT Co Reno, Nevada $1.02B AUM 22.14% 1-Year Est. Return

Northern Trust Chicago, Illinois $860B AUM 41.15% 1-Year Est. Return

BCI

Brinker Capital Investments Berwyn, Pennsylvania $13.1B AUM 28.37% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

GLI

Guardian Life Insurance New York $199K AUM

NextCapital Advisers Chicago, Illinois $5.15B AUM 14.37% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

FWM

FFT Wealth Management Philadelphia, Pennsylvania $638M AUM 21.7% 1-Year Est. Return

MD Financial Management's DBC Position: Q1 2019 in Review

MD Financial Management sold out of Invesco DB Commodity Index Tracking Fund (DBC) in Q1 2019, closing a stake of 1,777,773 shares — an estimated $25.8M sold.

MD Financial Management first reported a position in DBC in Q4 2017 and held it in 5 quarters. The position peaked at $36.4M in Q4 2017. 199 funds tracked by Wall St. Rank hold DBC as of Q1 2019.

MD Financial Management reported no remaining Invesco DB Commodity Index Tracking Fund position as of Q1 2019 after selling out during the quarter.
MD Financial Management sold 1,777,773 Invesco DB Commodity Index Tracking Fund shares in Q1 2019, an estimated $25.8M.
MD Financial Management first reported a position in Invesco DB Commodity Index Tracking Fund in Q4 2017 and held it in 5 quarters.
MD Financial Management's Invesco DB Commodity Index Tracking Fund position peaked at $36.4M in Q4 2017.
199 funds tracked by Wall St. Rank held Invesco DB Commodity Index Tracking Fund as of Q1 2019.

Based on MD Financial Management's 13F filing for Q1 2019, filed 10 May 2019.