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Invesco DB Agriculture Fund

103 hedge funds and large institutions have $244M invested in Invesco DB Agriculture Fund in 2018 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 29 increasing their positions, 28 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more repeat investments, than reductions

Existing positions increased: 29 | Existing positions reduced: 28

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less call options, than puts

Call options by funds: $9.83M | Put options by funds: $10.7M

9% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 22

2% less funds holding

Funds holding: 105103 (-2)

3.33% less ownership

Funds ownership: 38.53%35.2% (-3.3%)

16% less capital invested

Capital invested by funds: $291M → $244M (-$47.3M)

Holders
103
Holders Change
-2
Holders Change %
-1.9%
% of All Funds
2.36%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
20
Increased
29
Reduced
28
Closed
22
Calls
$9.83M
Puts
$10.7M
Net Calls
-$833K
Net Calls Change
+$373K
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
26
Royal Bank of Canada
Ontario, Canada
$997K -$83K -4,413 -7%
AAP
27
Ardsley Advisory Partners
Connecticut
$902K +$282K +15,000 +43%
BA
28
Boston Advisors
Massachusetts
$894K +$62.2K +3,311 +7%
IIA
29
IPG Investment Advisors
California
$826K +$861K +45,820 New
IC
30
InterOcean Capital
Illinois
$823K -$35K -1,861 -4%
Nomura Asset Management
31
Nomura Asset Management
Japan
$757K -$1.02M -54,100 -56%
Manulife (Manufacturers Life Insurance)
32
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$723K +$1.77K +94 +0.2%
Daiwa Securities Group
33
Daiwa Securities Group
Japan
$716K +$52.6K +2,800 +8%
JP Morgan Chase
34
JP Morgan Chase
New York
$643K +$18.8K +1,000 +3%
BPC
35
Banque Pictet & Cie
Switzerland
$616K
Walleye Trading
36
Walleye Trading
New York
$501K -$52.6K -2,800 -9%
EWM
37
Elmwood Wealth Management
California
$464K +$148K +7,860 +44%
VF
38
Virtu Financial
New York
$457K -$203K -10,790 -30%
IA
39
IFG Advisory
Georgia
$424K +$442K +23,526 New
Susquehanna International Group
40
Susquehanna International Group
Pennsylvania
$409K -$1.09M -57,728 -72%
AssetMark Inc
41
AssetMark Inc
California
$406K +$113K +6,011 +36%
SG Americas Securities
42
SG Americas Securities
New York
$403K -$72K -3,830 -15%
FIA
43
FNY Investment Advisers
New York
$396K +$414K +21,999 New
PAG
44
Private Advisor Group
New Jersey
$321K -$244K -12,999 -42%
BA
45
Bard Associates
Illinois
$308K
HT
46
HAP Trading
New York
$305K +$318K +16,917 New
HJMC
47
Hellman Jordan Management Company
Massachusetts
$301K +$314K +16,700 New
TCOT
48
Trust Company of Toledo
Ohio
$293K +$306K +16,265 New
BWM
49
BigSur Wealth Management
Florida
$292K -$5.64K -300 -2%
RJFSA
50
Raymond James Financial Services Advisors
Florida
$280K -$13.2K -703 -4%

DBA Hedge Fund Activity: Q2 2018 in Review

103 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2018, worth a combined $244M — down 16% from $291M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of DBA and 20 opened new positions — a net loss of 2 holders — while 28 trimmed existing stakes and 29 added.

The largest buyer was Commonwealth Equity Services, adding an estimated $4.28M. The largest seller was Millennium Management, exiting entirely with an estimated $14.1M sold.

  • 103 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2018, down from 105 in Q1 2018.
  • Funds reported $244M of Invesco DB Agriculture Fund stock for Q2 2018, down 16% quarter-over-quarter.
  • 20 funds opened new Invesco DB Agriculture Fund positions in Q2 2018 and 22 closed out, a net change of -2 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q2 2018 was Commonwealth Equity Services, an estimated $4.28M added.
  • The largest Invesco DB Agriculture Fund seller in Q2 2018 was Millennium Management, an estimated $14.1M sold.

Based on aggregated 13F filings for Q2 2018.