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Invesco DB Agriculture Fund

96 hedge funds and large institutions have $224M invested in Invesco DB Agriculture Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

227% more call options, than puts

Call options by funds: $27.3M | Put options by funds: $8.36M

25% more repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 24

0.18% less ownership

Funds ownership: 30.98%30.81% (-0.18%)

2% less capital invested

Capital invested by funds: $229M → $224M (-$4.74M)

10% less funds holding

Funds holding: 10796 (-11)

48% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 21

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
96
Holders Change
-11
Holders Change %
-10.28%
% of All Funds
2.39%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
11
Increased
30
Reduced
24
Closed
21
Calls
$27.3M
Puts
$8.36M
Net Calls
+$19M
Net Calls Change
+$23M
Name Holding Trade Value Shares
Change
Change in
Stake
BPC
26
Banque Pictet & Cie
Switzerland
$941K
Ameriprise
27
Ameriprise
Minnesota
$887K +$371K +18,227 +68%
Parallax Volatility Advisers
28
Parallax Volatility Advisers
California
$853K +$79.8K +3,916 +10%
SI
29
Stephens Inc
Arkansas
$817K -$815 -40 -0.1%
RJFSA
30
Raymond James Financial Services Advisors
Florida
$816K -$51.1K -2,510 -6%
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$726K +$492K +24,167 +192%
Goldman Sachs
32
Goldman Sachs
New York
$702K -$28.5K -1,400 -4%
SI
33
Sprott Inc
Ontario, Canada
$633K
Prudential Financial
34
Prudential Financial
New Jersey
$613K +$631K +31,000 New
Fidelity Investments
35
Fidelity Investments
Massachusetts
$597K
BA
36
Boston Advisors
Massachusetts
$507K +$17.2K +846 +3%
Wolverine Trading
37
Wolverine Trading
Illinois
$466K -$242K -11,869 -33%
Truist Financial
38
Truist Financial
North Carolina
$466K
FDCDDQ
39
Federation des caisses Desjardins du Quebec
Quebec, Canada
$415K +$427K +20,971 New
HMC
40
Harvard Management Company
Massachusetts
$375K -$3.53M -173,294 -90%
Neuberger Berman Group
41
Neuberger Berman Group
New York
$370K -$29.9K -1,467 -7%
BWM
42
BigSur Wealth Management
Florida
$369K -$61.1K -3,000 -14%
RG
43
Rathbones Group
United Kingdom
$367K +$28K +1,375 +8%
LPL Financial
44
LPL Financial
California
$366K -$18.8K -924 -5%
HNB
45
Huntington National Bank
Ohio
$366K
PAG
46
Private Advisor Group
New Jersey
$362K +$15.7K +773 +4%
BA
47
Bard Associates
Illinois
$357K -$8.45K -415 -2%
LFAS
48
Level Four Advisory Services
Texas
$348K +$20.1K +985 +6%
Simplex Trading
49
Simplex Trading
Illinois
$340K +$345K +16,916 +5,528%
NPC
50
National Planning Corporation
California
$338K +$27.7K +1,360 +9%

DBA Hedge Fund Activity: Q1 2017 in Review

96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q1 2017, worth a combined $224M — down 2.1% from $229M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of DBA and 11 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 30 added.

The largest buyer was Guardian Life Insurance, adding an estimated $23.8M. The largest seller was Manchester Capital Management, exiting entirely with an estimated $15.2M sold.

  • 96 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q1 2017, down from 107 in Q4 2016.
  • Funds reported $224M of Invesco DB Agriculture Fund stock for Q1 2017, down 2.1% quarter-over-quarter.
  • 11 funds opened new Invesco DB Agriculture Fund positions in Q1 2017 and 21 closed out, a net change of -10 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q1 2017 was Guardian Life Insurance, an estimated $23.8M added.
  • The largest Invesco DB Agriculture Fund seller in Q1 2017 was Manchester Capital Management, an estimated $15.2M sold.

Based on aggregated 13F filings for Q1 2017.