Invesco DB Agriculture Fund
107 hedge funds and large institutions have $229M invested in Invesco DB Agriculture Fund in 2016 Q4 according to their latest regulatory filings, with 23 funds opening new positions, 27 increasing their positions, 27 reducing their positions, and 11 closing their positions.
109% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 11
10% more funds holding
Funds holding: 97 → 107 (+10)
8% more capital invested
Capital invested by funds: $212M → $229M (+$16.8M)
3.62% more ownership
Funds ownership: 27.36% → 30.98% (+3.6%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 27
28% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $14.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
+$13.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.63M |
| 3 |
SG Americas Securities
New York
|
+$5.61M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$2.64M |
| 5 |
Jane Street
New York
|
+$2.61M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.13M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$3.89M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.77M |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
-$2.02M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$1.39M |
DBA Hedge Fund Activity: Q4 2016 in Review
107 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2016, worth a combined $229M — up 7.9% from $212M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new DBA positions and 11 closed out — a net gain of 12 holders — while 27 added to existing stakes and 27 trimmed.
The largest buyer was Sandler Capital Management, opening a new position worth an estimated $13.7M. The largest seller was Invesco, cutting an estimated $9.13M.
- 107 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2016, up from 97 in Q3 2016.
- Funds reported $229M of Invesco DB Agriculture Fund stock for Q4 2016, up 7.9% quarter-over-quarter.
- 23 funds opened new Invesco DB Agriculture Fund positions in Q4 2016 and 11 closed out, a net change of +12 holders.
- The largest Invesco DB Agriculture Fund buyer in Q4 2016 was Sandler Capital Management, an estimated $13.7M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2016 was Invesco, an estimated $9.13M sold.
Based on aggregated 13F filings for Q4 2016.