Invesco DB Agriculture Fund
95 hedge funds and large institutions have $227M invested in Invesco DB Agriculture Fund in 2017 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 23 increasing their positions, 26 reducing their positions, and 24 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
52% more call options, than puts
Call options by funds: $28.9M | Put options by funds: $18.9M
0.03% less ownership
Funds ownership: 35.82% → 35.79% (-0.03%)
9% less funds holding
Funds holding: 104 → 95 (-9)
12% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 26
12% less capital invested
Capital invested by funds: $258M → $227M (-$30.7M)
38% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 24
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$19.1M |
| 2 |
Jane Street
New York
|
+$6.03M |
| 3 |
SG Americas Securities
New York
|
+$3.23M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.57M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
-$22.7M |
| 2 |
Barclays
London,
United Kingdom
|
-$9.6M |
| 3 |
HT
HAP Trading
New York
|
-$7.51M |
| 4 |
CI
Cowen Inc
New York
|
-$5.05M |
| 5 |
Morgan Stanley
New York
|
-$3.37M |
DBA Hedge Fund Activity: Q4 2017 in Review
95 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2017, worth a combined $227M — down 12% from $258M a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of DBA and 15 opened new positions — a net loss of 9 holders — while 26 trimmed existing stakes and 23 added.
The largest buyer was Polianta Ltd, opening a new position worth an estimated $19.1M. The largest seller was QS Investors, exiting entirely with an estimated $22.7M sold.
- 95 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2017, down from 104 in Q3 2017.
- Funds reported $227M of Invesco DB Agriculture Fund stock for Q4 2017, down 12% quarter-over-quarter.
- 15 funds opened new Invesco DB Agriculture Fund positions in Q4 2017 and 24 closed out, a net change of -9 holders.
- The largest Invesco DB Agriculture Fund buyer in Q4 2017 was Polianta Ltd, an estimated $19.1M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2017 was QS Investors, an estimated $22.7M sold.
Based on aggregated 13F filings for Q4 2017.