Invesco DB Agriculture Fund
105 hedge funds and large institutions have $341M invested in Invesco DB Agriculture Fund in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 27 increasing their positions, 39 reducing their positions, and 33 closing their positions.
17% more call options, than puts
Call options by funds: $12.6M | Put options by funds: $10.8M
3.3% less ownership
Funds ownership: 32.5% → 29.21% (-3.3%)
20% less funds holding
Funds holding: 131 → 105 (-26)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
25% less capital invested
Capital invested by funds: $458M → $341M (-$117M)
31% less repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 39
76% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 33
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$15.4M |
| 2 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$4.54M |
| 3 |
QI
QS Investors
New York
|
+$2.58M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
+$1.61M |
| 5 |
GLI
Guardian Life Insurance
New York
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$48M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$7.84M |
| 3 |
Jane Street
New York
|
-$7.51M |
| 4 |
LPL Financial
San Diego,
California
|
-$7.14M |
| 5 |
SWM
Strategic Wealth Management
Kirkland,
Washington
|
-$7.09M |
DBA Hedge Fund Activity: Q3 2014 in Review
105 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q3 2014, worth a combined $341M — down 25% from $458M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of DBA and 8 opened new positions — a net loss of 25 holders — while 39 trimmed existing stakes and 27 added.
The largest buyer was Bank of America, adding an estimated $15.4M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $48M sold.
- 105 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q3 2014, down from 131 in Q2 2014.
- Funds reported $341M of Invesco DB Agriculture Fund stock for Q3 2014, down 25% quarter-over-quarter.
- 8 funds opened new Invesco DB Agriculture Fund positions in Q3 2014 and 33 closed out, a net change of -25 holders.
- The largest Invesco DB Agriculture Fund buyer in Q3 2014 was Bank of America, an estimated $15.4M added.
- The largest Invesco DB Agriculture Fund seller in Q3 2014 was Charles Schwab Investment Advisory, an estimated $48M sold.
Based on aggregated 13F filings for Q3 2014.