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Invesco DB Agriculture Fund

87 hedge funds and large institutions have $137M invested in Invesco DB Agriculture Fund in 2018 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 20 increasing their positions, 25 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

84% more call options, than puts

Call options by funds: $18.1M | Put options by funds: $9.84M

1.35% more ownership

Funds ownership: 25.94%27.28% (+1.3%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

5% less capital invested

Capital invested by funds: $144M → $137M (-$6.99M)

6% less funds holding

Funds holding: 9387 (-6)

20% less repeat investments, than reductions

Existing positions increased: 20 | Existing positions reduced: 25

26% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 19

Holders
87
Holders Change
-6
Holders Change %
-6.45%
% of All Funds
1.94%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
14
Increased
20
Reduced
25
Closed
19
Calls
$18.1M
Puts
$9.84M
Net Calls
+$8.22M
Net Calls Change
+$6.71M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$33.8M +$7.75M +446,500 +29%
GLI
2
Guardian Life Insurance
New York
$20.7M -$18.3M -1,055,345 -46%
PL
3
Polianta Ltd
Jersey
$12.4M +$10.6M +611,600 +520%
BCI
4
Brinker Capital Investments
Pennsylvania
$10M +$1.61M +93,000 +19%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$9.14M +$6M +345,822 +179%
Bank of America
6
Bank of America
North Carolina
$7.41M -$481K -27,699 -6%
Morgan Stanley
7
Morgan Stanley
New York
$6.13M -$2.54M -146,195 -29%
FTUS
8
Flow Traders U.S.
New York
$3.69M +$814K +46,942 +27%
Jane Street
9
Jane Street
New York
$3.14M +$2.62M +151,011 +440%
Ameriprise
10
Ameriprise
Minnesota
$2.35M +$1.27M +73,478 +113%
VF
11
Virtu Financial
New York
$1.7M -$723K -41,661 -29%
ZIG
12
Zurich Insurance Group
Switzerland
$1.59M
Wells Fargo
13
Wells Fargo
California
$1.35M -$1.12M -64,664 -45%
PP
14
Prudential plc
United Kingdom
$1.33M
IC
15
InterOcean Capital
Illinois
$1.23M -$17.7K -1,018 -1%
UBS Group
16
UBS Group
Switzerland
$1.15M -$49.3K -2,839 -4%
Group One Trading
17
Group One Trading
Illinois
$1.15M -$17.3K -995 -1%
WCA
18
Windsor Creek Advisors
Vermont
$996K +$1.02M +58,800 New
SG Americas Securities
19
SG Americas Securities
New York
$963K -$97.2K -5,600 -9%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$935K -$2.23M -128,479 -70%
OFW
21
Omnia Family Wealth
Florida
$920K +$942K +54,317 New
LPL Financial
22
LPL Financial
California
$865K -$108K -6,199 -11%
LTFS
23
Ladenburg Thalmann Financial Services
Florida
$850K -$34.7K -2,002 -4%
Daiwa Securities Group
24
Daiwa Securities Group
Japan
$820K +$12.1K +700 +1%
Citigroup
25
Citigroup
New York
$757K -$528K -30,444 -41%

DBA Hedge Fund Activity: Q4 2018 in Review

87 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2018, worth a combined $137M — down 4.9% from $144M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of DBA and 14 opened new positions — a net loss of 5 holders — while 25 trimmed existing stakes and 20 added.

The largest buyer was Polianta Ltd, adding an estimated $10.6M. The largest seller was Guardian Life Insurance, cutting an estimated $18.3M.

  • 87 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2018, down from 93 in Q3 2018.
  • Funds reported $137M of Invesco DB Agriculture Fund stock for Q4 2018, down 4.9% quarter-over-quarter.
  • 14 funds opened new Invesco DB Agriculture Fund positions in Q4 2018 and 19 closed out, a net change of -5 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q4 2018 was Polianta Ltd, an estimated $10.6M added.
  • The largest Invesco DB Agriculture Fund seller in Q4 2018 was Guardian Life Insurance, an estimated $18.3M sold.

Based on aggregated 13F filings for Q4 2018.