Invesco DB Agriculture Fund
113 hedge funds and large institutions have $322M invested in Invesco DB Agriculture Fund in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
8% more funds holding
Funds holding: 105 → 113 (+8)
1.49% more ownership
Funds ownership: 29.21% → 30.7% (+1.5%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
6% less capital invested
Capital invested by funds: $341M → $322M (-$19.6M)
18% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 34
21% less call options, than puts
Call options by funds: $8.07M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$11.4M |
| 2 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
+$4.48M |
| 3 |
Jane Street
New York
|
+$3.71M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.26M |
| 5 |
QI
QS Investors
New York
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
-$22.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$7.94M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
-$4.42M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
-$4.19M |
| 5 |
Morgan Stanley
New York
|
-$3.75M |
DBA Hedge Fund Activity: Q4 2014 in Review
113 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2014, worth a combined $322M — down 5.7% from $341M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DBA positions and 18 closed out — a net gain of 9 holders — while 28 added to existing stakes and 34 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $11.4M. The largest seller was Guardian Life Insurance, cutting an estimated $22.3M.
- 113 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2014, up from 105 in Q3 2014.
- Funds reported $322M of Invesco DB Agriculture Fund stock for Q4 2014, down 5.7% quarter-over-quarter.
- 27 funds opened new Invesco DB Agriculture Fund positions in Q4 2014 and 18 closed out, a net change of +9 holders.
- The largest Invesco DB Agriculture Fund buyer in Q4 2014 was Susquehanna International Group, an estimated $11.4M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2014 was Guardian Life Insurance, an estimated $22.3M sold.
Based on aggregated 13F filings for Q4 2014.