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.
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: 81 → 69 (-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: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$4.18M |
| 2 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
+$3.1M |
| 3 |
Jane Street
New York
|
+$1.17M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$883K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$12M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.8M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$3.5M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.04M |
| 5 |
GLI
Guardian Life Insurance
New York
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
SG Americas Securities
New York
| – | -$153K | -9,267 | Closed |
|
|
FIA
77
FNY Investment Advisers
New York
| – | -$123K | -7,500 | Closed |
|
|
CIAS
78
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$121K | -7,350 | Closed |
|
|
RFC
79
Regions Financial Corp
Birmingham,
Alabama
| – | -$29K | -1,750 | Closed |
|
|
SPL
80
Smart Portfolios LLC
Seattle,
Washington
| – | -$4K | -230 | Closed |
|
|
AIC
81
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$3K | -205 | Closed |
|
|
SWM
82
SeaCrest Wealth Management
Purchase,
New York
| – | -$3K | -200 | Closed |
|
|
BAM
83
Bruderman Asset Management
Locust Valley,
New York
| – | -$2K | -150 | Closed |
|
|
PCMK
84
Paragon Capital Management (Kansas)
Overland Park,
Kansas
| – | -$2K | -101 | Closed |
|
|
APC
85
Aspire Private Capital
Cornelius,
North Carolina
| – | -$1K | -56 | 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.