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Invesco DB Agriculture Fund

104 hedge funds and large institutions have $284M invested in Invesco DB Agriculture Fund in 2015 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 15 increasing their positions, 45 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

27% more call options, than puts

Call options by funds: $8.17M | Put options by funds: $6.42M

2.2% more ownership

Funds ownership: 30.7%32.9% (+2.2%)

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

8% less funds holding

Funds holding: 113104 (-9)

12% less capital invested

Capital invested by funds: $322M → $284M (-$37.6M)

32% less first-time investments, than exits

New positions opened: 17 | Existing positions closed: 25

67% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 45

Holders
104
Holders Change
-9
Holders Change %
-7.96%
% of All Funds
2.77%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
17
Increased
15
Reduced
45
Closed
25
Calls
$8.17M
Puts
$6.42M
Net Calls
+$1.75M
Net Calls Change
+$3.84M
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$56.9M +$59.8M +2,571,702 New
Bank of America
2
Bank of America
North Carolina
$55.6M -$6.64M -285,524 -10%
Invesco
3
Invesco
Georgia
$28.2M -$8.42M -361,900 -22%
GLI
4
Guardian Life Insurance
New York
$25.7M -$409K -17,594 -1%
QI
5
QS Investors
New York
$16.8M +$2.74M +117,654 +18%
Morgan Stanley
6
Morgan Stanley
New York
$14.8M -$4.05M -174,100 -21%
BCI
7
Brinker Capital Investments
Pennsylvania
$13.5M -$5.63M -242,196 -28%
PNC Financial Services Group
8
PNC Financial Services Group
Pennsylvania
$11.7M -$5.14M -221,218 -29%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$5.5M -$7.29M -313,607 -56%
UBS Group
10
UBS Group
Switzerland
$5.27M +$132K +5,687 +2%
SI
11
Stephens Inc
Arkansas
$4.83M
HMC
12
Harvard Management Company
Massachusetts
$4.04M +$36.7K +1,577 +0.9%
MCM
13
Manchester Capital Management
Vermont
$3.86M -$150K -6,467 -4%
Wells Fargo
14
Wells Fargo
California
$3.69M -$967K -41,578 -20%
EA
15
Evanston Advisors
Illinois
$3.43M +$314K +13,508 +10%
RCA
16
Rex Capital Advisors
Rhode Island
$2.31M +$39.5K +1,700 +2%
RBC
17
Roble Belko & Company
Pennsylvania
$1.99M +$2.09M +90,004 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$1.95M -$1.15M -49,265 -36%
QA
19
Quintium Advisors
Tennessee
$1.6M +$195K +8,385 +13%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$1.56M -$6.83M -293,862 -81%
IP
21
Investment Partners
Ohio
$1.28M
ATIA
22
American Trust Investment Advisors
New Hampshire
$1.16M +$56.4K +2,425 +5%
GP
23
GLG Partners
United Kingdom
$977K +$1.03M +44,137 New
American Century Companies
24
American Century Companies
Missouri
$829K -$402K -17,282 -32%
Neuberger Berman Group
25
Neuberger Berman Group
New York
$754K -$195K -8,400 -20%

DBA Hedge Fund Activity: Q1 2015 in Review

104 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q1 2015, worth a combined $284M — down 12% from $322M a quarter earlier.

Sellers outnumbered buyers: 25 funds closed out of DBA and 17 opened new positions — a net loss of 8 holders — while 45 trimmed existing stakes and 15 added.

The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $59.8M. The largest seller was Invesco, cutting an estimated $8.42M.

  • 104 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q1 2015, down from 113 in Q4 2014.
  • Funds reported $284M of Invesco DB Agriculture Fund stock for Q1 2015, down 12% quarter-over-quarter.
  • 17 funds opened new Invesco DB Agriculture Fund positions in Q1 2015 and 25 closed out, a net change of -8 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q1 2015 was Charles Schwab Investment Advisory, an estimated $59.8M added.
  • The largest Invesco DB Agriculture Fund seller in Q1 2015 was Invesco, an estimated $8.42M sold.

Based on aggregated 13F filings for Q1 2015.