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Invesco DB Agriculture Fund

118 hedge funds and large institutions have $310M invested in Invesco DB Agriculture Fund in 2013 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 14 increasing their positions, 53 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

60% more first-time investments, than exits

New positions opened: 24 | Existing positions closed: 15

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

8% more funds holding

Funds holding: 109118 (+9)

2.04% less ownership

Funds ownership: 26.7%24.66% (-2%)

15% less call options, than puts

Call options by funds: $7.03M | Put options by funds: $8.22M

25% less capital invested

Capital invested by funds: $414M → $310M (-$104M)

74% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 53

Holders
118
Holders Change
+9
Holders Change %
+8.26%
% of All Funds
3.43%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.15%
New
24
Increased
14
Reduced
53
Closed
15
Calls
$7.03M
Puts
$8.22M
Net Calls
-$1.2M
Net Calls Change
-$2.77M
Name Holding Trade Value Shares
Change
Change in
Stake
Neuberger Berman Group
26
Neuberger Berman Group
New York
$1.72M -$474K -18,962 -21%
RA
27
Rational Advisors
New York
$1.58M
Bank of New York Mellon
28
Bank of New York Mellon
New York
$1.43M -$5.37K -215 -0.4%
VKH
29
Virtu KCG Holdings
New York
$1.2M +$1.04M +41,443 +519%
VF
30
Virtu Financial
New York
$1.19M +$1.23M +49,179 New
AssetMark Inc
31
AssetMark Inc
California
$1.15M +$100K +4,012 +9%
Royal Bank of Canada
32
Royal Bank of Canada
Ontario, Canada
$1.13M -$379K -15,162 -25%
HNB
33
Huntington National Bank
Ohio
$1.12M
PI
34
Placemark Investments
Illinois
$1.11M +$911K +36,453 +395%
Barclays
35
Barclays
United Kingdom
$1.03M -$755K -30,209 -41%
OL
36
Orbitronix LP
California
$970K +$1,000K +40,000 New
LPL Financial
37
LPL Financial
California
$963K -$402K -16,095 -29%
HSBC Holdings
38
HSBC Holdings
United Kingdom
$932K -$34.3K -1,372 -3%
JP Morgan Chase
39
JP Morgan Chase
New York
$909K -$141K -5,629 -13%
WA
40
WFG Advisors
Texas
$810K -$3.92K -157 -0.5%
Deutsche Bank
41
Deutsche Bank
Germany
$807K -$211K -8,449 -20%
Nomura Asset Management
42
Nomura Asset Management
Japan
$778K +$137K +5,500 +21%
LTFS
43
Ladenburg Thalmann Financial Services
Florida
$717K -$190K -7,593 -21%
RCA
44
Rex Capital Advisors
Rhode Island
$691K -$1.7M -68,171 -71%
CS
45
Credit Suisse
Switzerland
$636K -$45K -1,800 -6%
TSW
46
Thompson Siegel & Walmsley
Virginia
$578K +$18.7K +750 +3%
BA
47
Bard Associates
Illinois
$573K -$5K -200 -0.8%
Commonwealth Equity Services
48
Commonwealth Equity Services
Massachusetts
$572K -$343K -13,705 -37%
BCM
49
Brookstone Capital Management
Illinois
$551K +$568K +22,736 New
SF
50
Synovus Financial
Georgia
$527K

DBA Hedge Fund Activity: Q4 2013 in Review

118 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2013, worth a combined $310M — down 25% from $414M a quarter earlier.

Buyers outnumbered sellers: 24 funds opened new DBA positions and 15 closed out — a net gain of 9 holders — while 14 added to existing stakes and 53 trimmed.

The largest buyer was Virtu Financial, opening a new position worth an estimated $1.23M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $18.9M.

  • 118 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2013, up from 109 in Q3 2013.
  • Funds reported $310M of Invesco DB Agriculture Fund stock for Q4 2013, down 25% quarter-over-quarter.
  • 24 funds opened new Invesco DB Agriculture Fund positions in Q4 2013 and 15 closed out, a net change of +9 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q4 2013 was Virtu Financial, an estimated $1.23M added.
  • The largest Invesco DB Agriculture Fund seller in Q4 2013 was Charles Schwab Investment Advisory, an estimated $18.9M sold.

Based on aggregated 13F filings for Q4 2013.