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Invesco DB Agriculture Fund

69 hedge funds and large institutions have $100M invested in Invesco DB Agriculture Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $7.96M | Put options by funds: $4.95M

2.21% less ownership

Funds ownership: 25.81%23.59% (-2.2%)

15% less funds holding

Funds holding: 8169 (-12)

16% less capital invested

Capital invested by funds: $119M → $100M (-$18.6M)

48% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 23

50% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
69
Holders Change
-12
Holders Change %
-14.81%
% of All Funds
1.5%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
12
Reduced
23
Closed
18
Calls
$7.96M
Puts
$4.95M
Net Calls
+$3.01M
Net Calls Change
+$792K
Name Holding Trade Value Shares
Change
Change in
Stake
EWM
51
Elmwood Wealth Management
California
$30K -$71.2K -4,330 -70%
Simplex Trading
52
Simplex Trading
Illinois
$27K +$26.9K +1,639 New
AIM
53
Advantage Investment Management
Iowa
$22K
JCM
54
Jacobi Capital Management
Pennsylvania
$22K
Fidelity Investments
55
Fidelity Investments
Massachusetts
$22K +$21.4K +1,300 New
CCM
56
Cribstone Capital Management
Maine
$20K
FWM
57
Focused Wealth Management
New York
$17K
IAS
58
IMA Advisory Services
Colorado
$7K +$7.26K +442 New
NFG
59
Next Financial Group
Texas
$5K +$4.93K +300 +3,000%
Bessemer Group
60
Bessemer Group
New Jersey
$4K
POIA
61
Pin Oak Investment Advisors
Texas
$4K
PA
62
Parallel Advisors
California
$3K
QCIG
63
Quad-Cities Investment Group
Iowa
$3K
RE
64
RBC Europe
United Kingdom
$2.98K
RFA
65
Reilly Financial Advisors
California
$2K
Carson Wealth (CWM LLC)
66
Carson Wealth (CWM LLC)
Nebraska
$1K
WIM
67
Westside Investment Management
California
$304 +$302K +18,373 New
PL
68
Polianta Ltd
Jersey
-$12M -729,300 Closed
Wolverine Trading
69
Wolverine Trading
Illinois
-$359K -21,805 Closed
HJMC
70
Hellman Jordan Management Company
Massachusetts
-$329K -20,000 Closed
Macquarie Group
71
Macquarie Group
Australia
-$322K -19,556 Closed
VF
72
Virtu Financial
New York
-$288K -17,465 Closed
Janney Montgomery Scott
73
Janney Montgomery Scott
Pennsylvania
-$272K -16,495 Closed
Cambridge Investment Research Advisors
74
Cambridge Investment Research Advisors
Iowa
-$182K -11,037 Closed
PAG
75
Private Advisor Group
New Jersey
-$173K -10,478 Closed

DBA Hedge Fund Activity: Q2 2019 in Review

69 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2019, worth a combined $100M — down 16% from $119M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of DBA and 9 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 12 added.

The largest buyer was Invesco, adding an estimated $4.18M. The largest seller was Polianta Ltd, exiting entirely with an estimated $12M sold.

  • 69 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2019, down from 81 in Q1 2019.
  • Funds reported $100M of Invesco DB Agriculture Fund stock for Q2 2019, down 16% quarter-over-quarter.
  • 9 funds opened new Invesco DB Agriculture Fund positions in Q2 2019 and 18 closed out, a net change of -9 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q2 2019 was Invesco, an estimated $4.18M added.
  • The largest Invesco DB Agriculture Fund seller in Q2 2019 was Polianta Ltd, an estimated $12M sold.

Based on aggregated 13F filings for Q2 2019.