Invesco DB Agriculture Fund
93 hedge funds and large institutions have $180M invested in Invesco DB Agriculture Fund in 2015 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 16 closing their positions.
176% more call options, than puts
Call options by funds: $18.2M | Put options by funds: $6.59M
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
3.78% less ownership
Funds ownership: 30.61% → 26.83% (-3.8%)
6% less funds holding
Funds holding: 99 → 93 (-6)
29% less capital invested
Capital invested by funds: $253M → $180M (-$72.6M)
34% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 32
38% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
+$9.66M |
| 2 |
QI
QS Investors
New York
|
+$4.27M |
| 3 |
Jane Street
New York
|
+$2.31M |
| 4 |
VF
Virtu Financial
New York
|
+$1.17M |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$55.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$12.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.85M |
| 4 |
EA
Evanston Advisors
Schaumburg,
Illinois
|
-$3.13M |
| 5 |
Morgan Stanley
New York
|
-$3.03M |
DBA Hedge Fund Activity: Q4 2015 in Review
93 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2015, worth a combined $180M — down 29% from $253M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DBA and 10 opened new positions — a net loss of 6 holders — while 32 trimmed existing stakes and 21 added.
The largest buyer was Manchester Capital Management, adding an estimated $9.66M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $55.5M sold.
- 93 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2015, down from 99 in Q3 2015.
- Funds reported $180M of Invesco DB Agriculture Fund stock for Q4 2015, down 29% quarter-over-quarter.
- 10 funds opened new Invesco DB Agriculture Fund positions in Q4 2015 and 16 closed out, a net change of -6 holders.
- The largest Invesco DB Agriculture Fund buyer in Q4 2015 was Manchester Capital Management, an estimated $9.66M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2015 was Charles Schwab Investment Advisory, an estimated $55.5M sold.
Based on aggregated 13F filings for Q4 2015.