United States Copper Index Fund
CPER
46 hedge funds and large institutions have $26.5M invested in United States Copper Index Fund in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 16 reducing their positions, and 7 closing their positions.
30% more call options, than puts
Call options by funds: $4.96M | Put options by funds: $3.81M
3% less capital invested
Capital invested by funds: $27.3M → $26.5M (-$855K)
1.52% less ownership
Funds ownership: 21.03% → 19.5% (-1.5%)
2% less funds holding
Funds holding: 47 → 46 (-1)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bienville Capital Management
New York
|
+$3.84M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.13M |
| 3 |
Morgan Stanley
New York
|
+$449K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$272K |
| 5 |
TWC
TD Waterhouse Canada
Toronto,
Ontario, Canada
|
+$185K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.79M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
-$739K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$706K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$686K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFGS
51
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$37.3K | -1,592 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$1.18K | -51 | Closed |
|
53
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -42 | Closed |
|
CPER Hedge Fund Activity: Q3 2023 in Review
46 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in United States Copper Index Fund (CPER) for Q3 2023, worth a combined $26.5M — down 3.1% from $27.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of CPER and 6 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 8 added.
The largest buyer was Bienville Capital Management, opening a new position worth an estimated $3.84M. The largest seller was Ameriprise, cutting an estimated $1.79M.
- 46 institutional investors held United States Copper Index Fund (CPER) as of Q3 2023, down from 47 in Q2 2023.
- Funds reported $26.5M of United States Copper Index Fund stock for Q3 2023, down 3.1% quarter-over-quarter.
- 6 funds opened new United States Copper Index Fund positions in Q3 2023 and 7 closed out, a net change of -1 holder.
- The largest United States Copper Index Fund buyer in Q3 2023 was Bienville Capital Management, an estimated $3.84M added.
- The largest United States Copper Index Fund seller in Q3 2023 was Ameriprise, an estimated $1.79M sold.
Based on aggregated 13F filings for Q3 2023.