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Invesco DB Agriculture Fund

155 hedge funds and large institutions have $350M invested in Invesco DB Agriculture Fund in 2023 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 30 increasing their positions, 65 reducing their positions, and 33 closing their positions.

New
Increased
Maintained
Reduced
Closed

192% more call options, than puts

Call options by funds: $10.1M | Put options by funds: $3.44M

0.48% more ownership

Funds ownership: 38.08%38.55% (+0.48%)

9% less funds holding

Funds holding: 171155 (-16)

16% less capital invested

Capital invested by funds: $416M → $350M (-$66.2M)

17% less funds holding in top 10

Funds holding in top 10: 65 (-1)

42% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 33

54% less repeat investments, than reductions

Existing positions increased: 30 | Existing positions reduced: 65

Holders
155
Holders Change
-16
Holders Change %
-9.36%
% of All Funds
2.47%
Holding in Top 10
5
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-16.67%
% of All Funds
0.08%
New
19
Increased
30
Reduced
65
Closed
33
Calls
$10.1M
Puts
$3.44M
Net Calls
+$6.62M
Net Calls Change
-$118M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$39.5M +$817K +40,923 +2%
Wells Fargo
2
Wells Fargo
California
$23.3M -$2.73M -136,797 -11%
Bank of America
3
Bank of America
North Carolina
$21.2M -$3.11M -155,613 -13%
Invesco
4
Invesco
Georgia
$19.7M +$3.08M +154,201 +19%
PWAC
5
Private Wealth Advisors (California)
California
$17.2M -$164K -8,219 -1%
WHAM
6
Windmill Hill Asset Management
United Kingdom
$17.1M
JP Morgan Chase
7
JP Morgan Chase
New York
$14.7M +$2.82M +141,393 +24%
1832 Asset Management
8
1832 Asset Management
Ontario, Canada
$12.8M +$12.5M +627,925 New
PP
9
Passaic Partners
New Jersey
$12.1M +$54.9K +2,746 +0.5%
CI
10
Cavalier Investments
Georgia
$11.3M +$646K +32,363 +6%
HighTower Advisors
11
HighTower Advisors
Illinois
$10.1M -$25.7K -1,289 -0.3%
LPL Financial
12
LPL Financial
California
$9.15M -$4.32M -216,459 -33%
Ameriprise
13
Ameriprise
Minnesota
$9.03M -$4.79M -239,612 -35%
OCBCO
14
Oversea-Chinese Banking Corp (OCBC)
Singapore
$7.57M -$1.45M -72,558 -16%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$7.13M -$1.11M -55,388 -14%
Osaic Holdings
16
Osaic Holdings
Arizona
$7.06M -$65.4K -3,273 -0.9%
Susquehanna International Group
17
Susquehanna International Group
Pennsylvania
$5.95M -$24.3M -1,215,187 -81%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$5.33M +$707K +35,418 +16%
UBS Group
19
UBS Group
Switzerland
$4.52M +$423K +21,166 +11%
Lazard Asset Management
20
Lazard Asset Management
New York
$4.19M -$479K -23,996 -10%
PCIG
21
Partners Capital Investment Group
Massachusetts
$4.15M +$4.06M +203,177 New
Jane Street
22
Jane Street
New York
$3.95M +$3.06M +153,247 +381%
CWA
23
Capital Wealth Alliance
Arizona
$3.6M -$711K -35,606 -17%
MML Investors Services
24
MML Investors Services
Massachusetts
$3.1M -$202K -10,122 -6%
TI
25
Tidal Investments
Wisconsin
$2.87M +$803K +40,183 +40%

DBA Hedge Fund Activity: Q1 2023 in Review

155 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q1 2023, worth a combined $350M — down 16% from $416M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of DBA and 19 opened new positions — a net loss of 14 holders — while 65 trimmed existing stakes and 30 added.

The largest buyer was 1832 Asset Management, opening a new position worth an estimated $12.5M. The largest seller was Susquehanna International Group, cutting an estimated $24.3M.

  • 155 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q1 2023, down from 171 in Q4 2022.
  • Funds reported $350M of Invesco DB Agriculture Fund stock for Q1 2023, down 16% quarter-over-quarter.
  • 19 funds opened new Invesco DB Agriculture Fund positions in Q1 2023 and 33 closed out, a net change of -14 holders.
  • The largest Invesco DB Agriculture Fund buyer in Q1 2023 was 1832 Asset Management, an estimated $12.5M added.
  • The largest Invesco DB Agriculture Fund seller in Q1 2023 was Susquehanna International Group, an estimated $24.3M sold.

Based on aggregated 13F filings for Q1 2023.