Invesco DB Agriculture Fund
90 hedge funds and large institutions have $186M invested in Invesco DB Agriculture Fund in 2020 Q3 according to their latest regulatory filings, with 27 funds opening new positions, 32 increasing their positions, 10 reducing their positions, and 14 closing their positions.
220% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 10
184% more call options, than puts
Call options by funds: $8.78M | Put options by funds: $3.1M
129% more capital invested
Capital invested by funds: $81M → $186M (+$105M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
93% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 14
17% more funds holding
Funds holding: 77 → 90 (+13)
6.38% more ownership
Funds ownership: 24.66% → 31.04% (+6.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMA
Graticule Asia Macro Advisors
New York
|
+$15M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.6M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$10.3M |
| 4 |
Morgan Stanley
New York
|
+$9.07M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.76M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$5.64M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$2.57M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.37M |
| 4 |
BCM
Bienville Capital Management
New York
|
-$1.48M |
| 5 |
KJHP
K.J. Harrison & Partners
Toronto,
Ontario, Canada
|
-$621K |
DBA Hedge Fund Activity: Q3 2020 in Review
90 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q3 2020, worth a combined $186M — up 129% from $81M a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new DBA positions and 14 closed out — a net gain of 13 holders — while 32 added to existing stakes and 10 trimmed.
The largest buyer was Graticule Asia Macro Advisors, opening a new position worth an estimated $15M. The largest seller was MD Financial Management, exiting entirely with an estimated $5.64M sold.
- 90 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q3 2020, up from 77 in Q2 2020.
- Funds reported $186M of Invesco DB Agriculture Fund stock for Q3 2020, up 129% quarter-over-quarter.
- 27 funds opened new Invesco DB Agriculture Fund positions in Q3 2020 and 14 closed out, a net change of +13 holders.
- The largest Invesco DB Agriculture Fund buyer in Q3 2020 was Graticule Asia Macro Advisors, an estimated $15M added.
- The largest Invesco DB Agriculture Fund seller in Q3 2020 was MD Financial Management, an estimated $5.64M sold.
Based on aggregated 13F filings for Q3 2020.