Invesco DB Agriculture Fund
93 hedge funds and large institutions have $144M invested in Invesco DB Agriculture Fund in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 22 closing their positions.
16% more call options, than puts
Call options by funds: $11M | Put options by funds: $9.53M
9.27% less ownership
Funds ownership: 35.2% → 25.94% (-9.3%)
10% less funds holding
Funds holding: 103 → 93 (-10)
15% less repeat investments, than reductions
Existing positions increased: 23 | Existing positions reduced: 27
41% less capital invested
Capital invested by funds: $244M → $144M (-$100M)
45% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$2.95M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.95M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.22M |
| 4 |
VF
Virtu Financial
New York
|
+$2.01M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$18.7M |
| 2 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$16.3M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$14.6M |
| 4 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$12.7M |
| 5 |
Citigroup
New York
|
-$11.5M |
DBA Hedge Fund Activity: Q3 2018 in Review
93 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q3 2018, worth a combined $144M — down 41% from $244M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of DBA and 12 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 23 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.95M. The largest seller was Wells Fargo, cutting an estimated $18.7M.
- 93 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q3 2018, down from 103 in Q2 2018.
- Funds reported $144M of Invesco DB Agriculture Fund stock for Q3 2018, down 41% quarter-over-quarter.
- 12 funds opened new Invesco DB Agriculture Fund positions in Q3 2018 and 22 closed out, a net change of -10 holders.
- The largest Invesco DB Agriculture Fund buyer in Q3 2018 was Flow Traders U.S., an estimated $2.95M added.
- The largest Invesco DB Agriculture Fund seller in Q3 2018 was Wells Fargo, an estimated $18.7M sold.
Based on aggregated 13F filings for Q3 2018.