Invesco DB Agriculture Fund
101 hedge funds and large institutions have $189M invested in Invesco DB Agriculture Fund in 2020 Q4 according to their latest regulatory filings, with 20 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 8 closing their positions.
150% more call options, than puts
Call options by funds: $9.75M | Put options by funds: $3.9M
150% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 8
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
12% more funds holding
Funds holding: 90 → 101 (+11)
2% more capital invested
Capital invested by funds: $186M → $189M (+$3.26M)
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
1.93% less ownership
Funds ownership: 31.04% → 29.11% (-1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CM
Caption Management
Oklahoma City,
Oklahoma
|
+$10.8M |
| 2 |
BCM
Bluefin Capital Management
New York
|
+$6.36M |
| 3 |
SL
Savior LLC
Wellesley Hills,
Massachusetts
|
+$5.74M |
| 4 |
Barclays
London,
United Kingdom
|
+$5.43M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GAMA
Graticule Asia Macro Advisors
New York
|
-$15.5M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$12.4M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.1M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.9M |
| 5 |
Morgan Stanley
New York
|
-$6.24M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GAMA
101
Graticule Asia Macro Advisors
New York
| – | -$15.5M | -1,052,860 | Closed |
|
|
SC
102
Scotia Capital
Toronto,
Ontario, Canada
| – | -$2.95M | -200,339 | Closed |
|
|
RWP
103
RWA Wealth Partners
Newton,
Massachusetts
| – | -$874K | -59,316 | Closed |
|
|
RWB
104
RMR Wealth Builders
Montclair,
New Jersey
| – | -$545K | -37,000 | Closed |
|
|
OC
105
Oppenheimer & Co
New York
| – | -$318K | -21,546 | Closed |
|
106
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$92K | -6,257 | Closed |
|
|
FHA
107
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$14K | -950 | Closed |
|
|
PFS
108
Prospera Financial Services
Dallas,
Texas
| – | -$1K | -50 | Closed |
|
DBA Hedge Fund Activity: Q4 2020 in Review
101 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2020, worth a combined $189M — up 1.8% from $186M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new DBA positions and 8 closed out — a net gain of 12 holders — while 24 added to existing stakes and 26 trimmed.
The largest buyer was Caption Management, opening a new position worth an estimated $10.8M. The largest seller was Graticule Asia Macro Advisors, exiting entirely with an estimated $15.5M sold.
- 101 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2020, up from 90 in Q3 2020.
- Funds reported $189M of Invesco DB Agriculture Fund stock for Q4 2020, up 1.8% quarter-over-quarter.
- 20 funds opened new Invesco DB Agriculture Fund positions in Q4 2020 and 8 closed out, a net change of +12 holders.
- The largest Invesco DB Agriculture Fund buyer in Q4 2020 was Caption Management, an estimated $10.8M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2020 was Graticule Asia Macro Advisors, an estimated $15.5M sold.
Based on aggregated 13F filings for Q4 2020.