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Invesco DB Agriculture Fund

113 hedge funds and large institutions have $322M invested in Invesco DB Agriculture Fund in 2014 Q4 according to their latest regulatory filings, with 27 funds opening new positions, 28 increasing their positions, 34 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 18

8% more funds holding

Funds holding: 105113 (+8)

1.49% more ownership

Funds ownership: 29.21%30.7% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

6% less capital invested

Capital invested by funds: $341M → $322M (-$19.6M)

18% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 34

21% less call options, than puts

Call options by funds: $8.07M | Put options by funds: $10.2M

Holders
113
Holders Change
+8
Holders Change %
+7.62%
% of All Funds
3.01%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
27
Increased
28
Reduced
34
Closed
18
Calls
$8.07M
Puts
$10.2M
Net Calls
-$2.09M
Net Calls Change
-$3.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$69.6M +$2M +78,090 +3%
Invesco
2
Invesco
Georgia
$40.7M -$7.94M -309,600 -16%
GLI
3
Guardian Life Insurance
New York
$29.3M -$22.3M -867,455 -42%
BCI
4
Brinker Capital Investments
Pennsylvania
$21.2M +$1.21K +47 +0%
Morgan Stanley
5
Morgan Stanley
New York
$21M -$3.75M -146,178 -15%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$18.7M +$3.26M +127,221 +20%
QI
7
QS Investors
New York
$16M +$2.99M +116,617 +22%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$14M +$11.4M +444,037 +377%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$9.06M -$1.44M -56,020 -13%
UBS Group
10
UBS Group
Switzerland
$5.79M +$5.96M +232,428 New
SI
11
Stephens Inc
Arkansas
$5.42M -$627K -24,445 -10%
Wells Fargo
12
Wells Fargo
California
$5.19M -$1.07M -41,733 -17%
HMC
13
Harvard Management Company
Massachusetts
$4.5M -$207K -8,085 -4%
MCM
14
Manchester Capital Management
Vermont
$4.5M +$4.48M +174,635 +2,834%
Jane Street
15
Jane Street
New York
$3.6M +$3.71M +144,510 New
EA
16
Evanston Advisors
Illinois
$3.52M +$115K +4,488 +3%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.42M +$1.88M +73,145 +114%
LPL Financial
18
LPL Financial
California
$3.37M -$463K -18,053 -12%
RCA
19
Rex Capital Advisors
Rhode Island
$2.56M
VF
20
Virtu Financial
New York
$2.44M +$2.51M +97,926 New
GF
21
Gerstein Fisher
New York
$2.03M +$2.09M +81,477 New
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$1.77M -$144K -5,617 -7%
QA
23
Quintium Advisors
Tennessee
$1.59M
Citigroup
24
Citigroup
New York
$1.46M +$481K +18,741 +47%
IP
25
Investment Partners
Ohio
$1.44M +$1.49M +57,950 New

DBA Hedge Fund Activity: Q4 2014 in Review

113 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2014, worth a combined $322M — down 5.7% from $341M a quarter earlier.

Buyers outnumbered sellers: 27 funds opened new DBA positions and 18 closed out — a net gain of 9 holders — while 28 added to existing stakes and 34 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $11.4M. The largest seller was Guardian Life Insurance, cutting an estimated $22.3M.

  • 113 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2014, up from 105 in Q3 2014.
  • Funds reported $322M of Invesco DB Agriculture Fund stock for Q4 2014, down 5.7% quarter-over-quarter.
  • 27 funds opened new Invesco DB Agriculture Fund positions in Q4 2014 and 18 closed out, a net change of +9 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q4 2014 was Susquehanna International Group, an estimated $11.4M added.
  • The largest Invesco DB Agriculture Fund seller in Q4 2014 was Guardian Life Insurance, an estimated $22.3M sold.

Based on aggregated 13F filings for Q4 2014.