Invesco DB Agriculture Fund
92 hedge funds and large institutions have $179M invested in Invesco DB Agriculture Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 12 closing their positions.
44% more call options, than puts
Call options by funds: $26.7M | Put options by funds: $18.5M
4% less funds holding
Funds holding: 96 → 92 (-4)
5.04% less ownership
Funds ownership: 30.81% → 25.76% (-5%)
20% less capital invested
Capital invested by funds: $224M → $179M (-$45.5M)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$10.9M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$5.12M |
| 3 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$3.31M |
| 4 |
Citigroup
New York
|
+$2.66M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLI
Guardian Life Insurance
New York
|
-$45.7M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$8.83M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$4.22M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.77M |
| 5 |
Morgan Stanley
New York
|
-$2.69M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
101
Cutler Group
San Francisco,
California
| – | -$110K | -5,585 | Closed |
|
|
CFD
102
Creative Financial Designs
Kokomo,
Indiana
| – | -$23K | -1,168 | Closed |
|
|
WA
103
WFG Advisors
Dallas,
Texas
| – | -$20K | -1,000 | Closed |
|
104
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -900 | Closed |
|
|
ACS
105
Archford Capital Strategies
Swansea,
Illinois
| – | -$2K | -120 | Closed |
|
DBA Hedge Fund Activity: Q2 2017 in Review
92 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2017, worth a combined $179M — down 20% from $224M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of DBA and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 19 added.
The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $10.9M. The largest seller was Guardian Life Insurance, exiting entirely with an estimated $45.7M sold.
- 92 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2017, down from 96 in Q1 2017.
- Funds reported $179M of Invesco DB Agriculture Fund stock for Q2 2017, down 20% quarter-over-quarter.
- 9 funds opened new Invesco DB Agriculture Fund positions in Q2 2017 and 12 closed out, a net change of -3 holders.
- The largest Invesco DB Agriculture Fund buyer in Q2 2017 was Brinker Capital Investments, an estimated $10.9M added.
- The largest Invesco DB Agriculture Fund seller in Q2 2017 was Guardian Life Insurance, an estimated $45.7M sold.
Based on aggregated 13F filings for Q2 2017.