Invesco DB Agriculture Fund
77 hedge funds and large institutions have $81M invested in Invesco DB Agriculture Fund in 2020 Q2 according to their latest regulatory filings, with 25 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 12 closing their positions.
108% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 12
35% more capital invested
Capital invested by funds: $60.1M → $81M (+$20.9M)
18% more funds holding
Funds holding: 65 → 77 (+12)
3.81% more ownership
Funds ownership: 20.85% → 24.66% (+3.8%)
7% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 15
17% less call options, than puts
Call options by funds: $2.06M | Put options by funds: $2.47M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
+$6.75M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.94M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.44M |
| 4 |
Morgan Stanley
New York
|
+$2.05M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.91M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$1.37M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$1.2M |
| 3 |
IC
InterOcean Capital
Chicago,
Illinois
|
-$943K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$350K |
| 5 |
EWM
Elmwood Wealth Management
Berkeley,
California
|
-$336K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIM
76
Westside Investment Management
Santa Monica,
California
| $147 | -$101K | -7,425 | -40% |
|
|
IC
77
InterOcean Capital
Chicago,
Illinois
| – | -$943K | -67,017 | Closed |
|
78
Nomura Asset Management
Tokyo,
Japan
| – | -$333K | -23,700 | Closed |
|
|
EWM
79
Elmwood Wealth Management
Berkeley,
California
| – | -$336K | -17,855 | Closed |
|
|
USGIU
80
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$53K | -3,800 | Closed |
|
|
CAN
81
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$39K | -2,758 | Closed |
|
|
FWM
82
Focused Wealth Management
Newburgh,
New York
| – | -$14K | -1,000 | Closed |
|
|
WQ
83
Wealth Quarterback
Toms River,
New Jersey
| – | -$4.95K | -352 | Closed |
|
|
NFG
84
Next Financial Group
Houston,
Texas
| – | -$4K | -300 | Closed |
|
|
POIA
85
Pin Oak Investment Advisors
Houston,
Texas
| – | -$3K | -240 | Closed |
|
|
CCM
86
Cribstone Capital Management
Augusta,
Maine
| – | -$3K | -225 | Closed |
|
|
AIC
87
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$1K | -105 | Closed |
|
88
Fidelity Investments
Boston,
Massachusetts
| – | -$14 | -1 | -50% |
|
DBA Hedge Fund Activity: Q2 2020 in Review
77 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2020, worth a combined $81M — up 35% from $60.1M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new DBA positions and 12 closed out — a net gain of 13 holders — while 14 added to existing stakes and 15 trimmed.
The largest buyer was Private Wealth Advisors (California), opening a new position worth an estimated $6.75M. The largest seller was MD Financial Management, cutting an estimated $1.37M.
- 77 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2020, up from 65 in Q1 2020.
- Funds reported $81M of Invesco DB Agriculture Fund stock for Q2 2020, up 35% quarter-over-quarter.
- 25 funds opened new Invesco DB Agriculture Fund positions in Q2 2020 and 12 closed out, a net change of +13 holders.
- The largest Invesco DB Agriculture Fund buyer in Q2 2020 was Private Wealth Advisors (California), an estimated $6.75M added.
- The largest Invesco DB Agriculture Fund seller in Q2 2020 was MD Financial Management, an estimated $1.37M sold.
Based on aggregated 13F filings for Q2 2020.