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Invesco DB Agriculture Fund

92 hedge funds and large institutions have $179M invested in Invesco DB Agriculture Fund in 2017 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

44% more call options, than puts

Call options by funds: $26.7M | Put options by funds: $18.5M

4% less funds holding

Funds holding: 9692 (-4)

5.04% less ownership

Funds ownership: 30.81%25.76% (-5%)

20% less capital invested

Capital invested by funds: $224M → $179M (-$45.5M)

25% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 12

39% less repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 31

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
92
Holders Change
-4
Holders Change %
-4.17%
% of All Funds
2.29%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
19
Reduced
31
Closed
12
Calls
$26.7M
Puts
$18.5M
Net Calls
+$8.18M
Net Calls Change
-$10.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$36.3M -$8.83M -447,300 -20%
Bank of America
2
Bank of America
North Carolina
$25.2M +$1.16M +58,514 +5%
QI
3
QS Investors
New York
$20.2M +$60.6K +3,071 +0.3%
Citigroup
4
Citigroup
New York
$12.8M +$2.66M +134,666 +26%
BCI
5
Brinker Capital Investments
Pennsylvania
$11M +$10.9M +552,746 New
Morgan Stanley
6
Morgan Stanley
New York
$9.45M -$2.69M -136,440 -22%
Commonwealth Equity Services
7
Commonwealth Equity Services
Massachusetts
$9.36M +$5.12M +259,430 +122%
SG Americas Securities
8
SG Americas Securities
New York
$7.86M +$158K +8,000 +2%
FTI
9
Fiduciary Trust International
Massachusetts
$3.32M +$3.31M +167,448 New
FTUS
10
Flow Traders U.S.
New York
$2.95M +$1.5M +76,234 +105%
HSBC Holdings
11
HSBC Holdings
United Kingdom
$2.83M
Wells Fargo
12
Wells Fargo
California
$2.82M -$529K -26,797 -16%
UBS Group
13
UBS Group
Switzerland
$2.53M -$4.22M -213,571 -63%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$2.32M -$43.3K -2,192 -2%
Barclays
15
Barclays
United Kingdom
$2.19M +$1.08M +54,643 +99%
Mackenzie Financial
16
Mackenzie Financial
Ontario, Canada
$1.61M
Federated Hermes
17
Federated Hermes
Pennsylvania
$1.59M -$1.97M -100,000 -56%
ZIG
18
Zurich Insurance Group
Switzerland
$1.55M
LPL Financial
19
LPL Financial
California
$1.53M +$1.16M +58,721 +316%
PP
20
Prudential plc
United Kingdom
$1.47M +$451K +22,839 +45%
Manulife (Manufacturers Life Insurance)
21
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1.3M +$1.2M +60,803 +1,298%
ACP
22
Arcus Capital Partners
Georgia
$1.08M +$13.2K +669 +1%
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$1.08M -$585K -29,618 -35%
AAP
24
Ardsley Advisory Partners
Connecticut
$992K
Ameriprise
25
Ameriprise
Minnesota
$921K +$30.1K +1,527 +3%

DBA Hedge Fund Activity: Q2 2017 in Review

92 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2017, worth a combined $179M — down 20% from $224M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of DBA and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 19 added.

The largest buyer was Brinker Capital Investments, opening a new position worth an estimated $10.9M. The largest seller was Guardian Life Insurance, exiting entirely with an estimated $45.7M sold.

  • 92 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2017, down from 96 in Q1 2017.
  • Funds reported $179M of Invesco DB Agriculture Fund stock for Q2 2017, down 20% quarter-over-quarter.
  • 9 funds opened new Invesco DB Agriculture Fund positions in Q2 2017 and 12 closed out, a net change of -3 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q2 2017 was Brinker Capital Investments, an estimated $10.9M added.
  • The largest Invesco DB Agriculture Fund seller in Q2 2017 was Guardian Life Insurance, an estimated $45.7M sold.

Based on aggregated 13F filings for Q2 2017.