Invesco DB Agriculture Fund
96 hedge funds and large institutions have $224M invested in Invesco DB Agriculture Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 30 increasing their positions, 24 reducing their positions, and 21 closing their positions.
227% more call options, than puts
Call options by funds: $27.3M | Put options by funds: $8.36M
25% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 24
0.18% less ownership
Funds ownership: 30.98% → 30.81% (-0.18%)
2% less capital invested
Capital invested by funds: $229M → $224M (-$4.74M)
10% less funds holding
Funds holding: 107 → 96 (-11)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
+$23.8M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$9.86M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.91M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$4.31M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
-$15.2M |
| 2 |
SCM
Sandler Capital Management
New York
|
-$13.6M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.6M |
| 4 |
Citigroup
New York
|
-$4.65M |
| 5 |
SG Americas Securities
New York
|
-$4.44M |
DBA Hedge Fund Activity: Q1 2017 in Review
96 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q1 2017, worth a combined $224M — down 2.1% from $229M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of DBA and 11 opened new positions — a net loss of 10 holders — while 24 trimmed existing stakes and 30 added.
The largest buyer was Guardian Life Insurance, adding an estimated $23.8M. The largest seller was Manchester Capital Management, exiting entirely with an estimated $15.2M sold.
- 96 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q1 2017, down from 107 in Q4 2016.
- Funds reported $224M of Invesco DB Agriculture Fund stock for Q1 2017, down 2.1% quarter-over-quarter.
- 11 funds opened new Invesco DB Agriculture Fund positions in Q1 2017 and 21 closed out, a net change of -10 holders.
- The largest Invesco DB Agriculture Fund buyer in Q1 2017 was Guardian Life Insurance, an estimated $23.8M added.
- The largest Invesco DB Agriculture Fund seller in Q1 2017 was Manchester Capital Management, an estimated $15.2M sold.
Based on aggregated 13F filings for Q1 2017.