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Invesco DB Agriculture Fund

93 hedge funds and large institutions have $144M invested in Invesco DB Agriculture Fund in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 23 increasing their positions, 27 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

16% more call options, than puts

Call options by funds: $11M | Put options by funds: $9.53M

9.27% less ownership

Funds ownership: 35.2%25.94% (-9.3%)

10% less funds holding

Funds holding: 10393 (-10)

15% less repeat investments, than reductions

Existing positions increased: 23 | Existing positions reduced: 27

41% less capital invested

Capital invested by funds: $244M → $144M (-$100M)

45% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 22

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
93
Holders Change
-10
Holders Change %
-9.71%
% of All Funds
2.13%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
12
Increased
23
Reduced
27
Closed
22
Calls
$11M
Puts
$9.53M
Net Calls
+$1.51M
Net Calls Change
+$2.35M
Name Holding Trade Value Shares
Change
Change in
Stake
GLI
1
Guardian Life Insurance
New York
$38.5M
Invesco
2
Invesco
Georgia
$26.1M -$5.3M -306,700 -17%
Morgan Stanley
3
Morgan Stanley
New York
$8.6M -$537K -31,112 -6%
Commonwealth Equity Services
4
Commonwealth Equity Services
Massachusetts
$8.53M -$72.2K -4,180 -0.8%
BCI
5
Brinker Capital Investments
Pennsylvania
$8.46M -$14.6M -845,000 -63%
Bank of America
6
Bank of America
North Carolina
$7.87M +$1.49M +86,543 +23%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$3.27M +$2.95M +170,935 +753%
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$3.11M +$2.22M +128,332 +232%
FTUS
9
Flow Traders U.S.
New York
$2.89M +$2.95M +171,084 New
Wells Fargo
10
Wells Fargo
California
$2.44M -$18.7M -1,085,132 -88%
VF
11
Virtu Financial
New York
$2.4M +$2.01M +116,443 +459%
GEM
12
Global Endowment Management
North Carolina
$2.37M
PL
13
Polianta Ltd
Jersey
$1.99M -$16.3M -943,500 -89%
Citadel Advisors
14
Citadel Advisors
Florida
$1.6M -$1.12M -64,953 -41%
ZIG
15
Zurich Insurance Group
Switzerland
$1.58M
Barclays
16
Barclays
United Kingdom
$1.44M -$2.81M -162,563 -66%
PP
17
Prudential plc
United Kingdom
$1.33M -$702K -40,680 -34%
Citigroup
18
Citigroup
New York
$1.27M -$11.5M -666,862 -90%
IC
19
InterOcean Capital
Illinois
$1.25M +$484K +28,020 +61%
UBS Group
20
UBS Group
Switzerland
$1.2M +$160K +9,283 +15%
Group One Trading
21
Group One Trading
Illinois
$1.16M -$862K -49,923 -42%
Ameriprise
22
Ameriprise
Minnesota
$1.1M -$188K -10,907 -14%
SG Americas Securities
23
SG Americas Securities
New York
$1.06M +$692K +40,100 +179%
Wolverine Trading
24
Wolverine Trading
Illinois
$1.02M +$92.9K +5,380 +10%
LPL Financial
25
LPL Financial
California
$968K -$522K -30,232 -35%

DBA Hedge Fund Activity: Q3 2018 in Review

93 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q3 2018, worth a combined $144M — down 41% from $244M a quarter earlier.

Sellers outnumbered buyers: 22 funds closed out of DBA and 12 opened new positions — a net loss of 10 holders — while 27 trimmed existing stakes and 23 added.

The largest buyer was Flow Traders U.S., opening a new position worth an estimated $2.95M. The largest seller was Wells Fargo, cutting an estimated $18.7M.

  • 93 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q3 2018, down from 103 in Q2 2018.
  • Funds reported $144M of Invesco DB Agriculture Fund stock for Q3 2018, down 41% quarter-over-quarter.
  • 12 funds opened new Invesco DB Agriculture Fund positions in Q3 2018 and 22 closed out, a net change of -10 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q3 2018 was Flow Traders U.S., an estimated $2.95M added.
  • The largest Invesco DB Agriculture Fund seller in Q3 2018 was Wells Fargo, an estimated $18.7M sold.

Based on aggregated 13F filings for Q3 2018.