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Invesco DB Agriculture Fund

69 hedge funds and large institutions have $100M invested in Invesco DB Agriculture Fund in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 23 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

61% more call options, than puts

Call options by funds: $7.96M | Put options by funds: $4.95M

2.21% less ownership

Funds ownership: 25.81%23.59% (-2.2%)

15% less funds holding

Funds holding: 8169 (-12)

16% less capital invested

Capital invested by funds: $119M → $100M (-$18.6M)

48% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 23

50% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 18

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
69
Holders Change
-12
Holders Change %
-14.81%
% of All Funds
1.5%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
12
Reduced
23
Closed
18
Calls
$7.96M
Puts
$4.95M
Net Calls
+$3.01M
Net Calls Change
+$792K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$29.8M +$4.18M +254,300 +17%
GLI
2
Guardian Life Insurance
New York
$21.7M -$1.88M -114,665 -8%
BCI
3
Brinker Capital Investments
Pennsylvania
$10.8M -$657K -40,000 -7%
Morgan Stanley
4
Morgan Stanley
New York
$5.93M +$307K +18,683 +6%
Bank of America
5
Bank of America
North Carolina
$4.8M -$2.04M -124,084 -30%
MFM
6
MD Financial Management
Ontario, Canada
$3.13M +$3.1M +188,865 New
Wells Fargo
7
Wells Fargo
California
$1.83M -$3.5M -213,051 -66%
WCA
8
Windsor Creek Advisors
Vermont
$1.46M -$549K -33,400 -28%
Jane Street
9
Jane Street
New York
$1.46M +$1.17M +71,030 +424%
ZIG
10
Zurich Insurance Group
Switzerland
$1.33M -$222K -13,537 -14%
PP
11
Prudential plc
United Kingdom
$1.25M
IC
12
InterOcean Capital
Illinois
$1.19M -$23.8K -1,449 -2%
LTFS
13
Ladenburg Thalmann Financial Services
Florida
$1.01M +$71.5K +4,353 +8%
Ameriprise
14
Ameriprise
Minnesota
$899K -$1.23M -74,966 -58%
OFW
15
Omnia Family Wealth
Florida
$890K -$247K -15,000 -22%
BA
16
Boston Advisors
Massachusetts
$890K -$44.1K -2,686 -5%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$890K +$883K +53,716 New
Royal Bank of Canada
18
Royal Bank of Canada
Ontario, Canada
$873K -$103K -6,251 -11%
Daiwa Securities Group
19
Daiwa Securities Group
Japan
$872K -$23K -1,400 -3%
UBS Group
20
UBS Group
Switzerland
$771K -$3.8M -231,041 -83%
LPL Financial
21
LPL Financial
California
$731K -$113K -6,876 -13%
AssetMark Inc
22
AssetMark Inc
California
$637K +$81.2K +4,943 +15%
JP Morgan Chase
23
JP Morgan Chase
New York
$620K
Citigroup
24
Citigroup
New York
$571K -$641K -39,000 -53%
BPC
25
Banque Pictet & Cie
Switzerland
$530K

DBA Hedge Fund Activity: Q2 2019 in Review

69 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q2 2019, worth a combined $100M — down 16% from $119M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of DBA and 9 opened new positions — a net loss of 9 holders — while 23 trimmed existing stakes and 12 added.

The largest buyer was Invesco, adding an estimated $4.18M. The largest seller was Polianta Ltd, exiting entirely with an estimated $12M sold.

  • 69 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q2 2019, down from 81 in Q1 2019.
  • Funds reported $100M of Invesco DB Agriculture Fund stock for Q2 2019, down 16% quarter-over-quarter.
  • 9 funds opened new Invesco DB Agriculture Fund positions in Q2 2019 and 18 closed out, a net change of -9 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q2 2019 was Invesco, an estimated $4.18M added.
  • The largest Invesco DB Agriculture Fund seller in Q2 2019 was Polianta Ltd, an estimated $12M sold.

Based on aggregated 13F filings for Q2 2019.