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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
FIM
51
Freedom Investment Management
Connecticut
$506K +$185K +7,383 +55%
NIA
52
Northstar Investment Advisors
Colorado
$485K +$500K +20,000 New
EAM
53
Evanson Asset Management
California
$480K +$495K +19,811 New
AW
54
ACG Wealth
Georgia
$478K +$493K +19,713 New
Cambridge Investment Research Advisors
55
Cambridge Investment Research Advisors
Iowa
$460K -$94.7K -3,790 -17%
PBT
56
Pictet Bank & Trust
Bahamas
$450K +$464K +18,550 New
PAG
57
Private Advisor Group
New Jersey
$430K +$443K +17,731 New
EP
58
Elkhorn Partners
Nebraska
$403K +$82.5K +3,300 +25%
NPC
59
National Planning Corporation
California
$394K -$44.2K -1,770 -10%
HTHT
60
Hemenway Trust Hemenway Trust
New Hampshire
$390K
WF
61
Welch & Forbes
Massachusetts
$387K -$356K -14,237 -47%
Nomura Holdings
62
Nomura Holdings
Japan
$383K -$72.4K -2,896 -16%
DWT
63
Dorsey & Whitney Trust
South Dakota
$376K -$6.37K -255 -2%
V
64
Veritable
Delaware
$362K
Fiera Capital (Canada)
65
Fiera Capital (Canada)
Quebec, Canada
$351K +$362K +14,475 New
WAM
66
Weatherly Asset Management
California
$330K -$94.3K -3,775 -22%
WBG
67
Wharton Business Group
Pennsylvania
$301K -$346K -13,845 -53%
CNB
68
City National Bank
California
$291K +$88K +3,520 +41%
HC
69
HHG & Company
Connecticut
$284K
WAM
70
Wolverine Asset Management
Illinois
$283K -$120K -4,800 -29%
NPIT
71
National Penn Investors Trust
Pennsylvania
$261K +$30.9K +1,236 +13%
Fifth Third Bancorp
72
Fifth Third Bancorp
Ohio
$252K -$2.5K -100 -1%
ST
73
Spot Trading
Illinois
$210K -$252K -10,078 -54%
AIG
74
American International Group
New York
$180K -$12.3K -494 -6%
Walleye Trading
75
Walleye Trading
New York
$179K +$184K +7,376 New

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.