Invesco DB Agriculture Fund
152 hedge funds and large institutions have $263M invested in Invesco DB Agriculture Fund in 2023 Q4 according to their latest regulatory filings, with 25 funds opening new positions, 40 increasing their positions, 56 reducing their positions, and 24 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
4% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 24
1% less funds holding
Funds holding: 153 → 152 (-1)
0.69% less ownership
Funds ownership: 37.34% → 36.65% (-0.69%)
14% less capital invested
Capital invested by funds: $306M → $263M (-$42.7M)
15% less call options, than puts
Call options by funds: $11.6M | Put options by funds: $13.7M
29% less repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 56
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$10M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
+$9.3M |
| 3 |
CFG
Citizens Financial Group
Providence,
Rhode Island
|
+$2.93M |
| 4 |
1832 Asset Management
Toronto,
Ontario, Canada
|
+$1.86M |
| 5 |
IUHSA
Itau Unibanco Holding S.A.
Sao Paulo,
Brazil
|
+$1.75M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WHAM
Windmill Hill Asset Management
Waddesdon,
United Kingdom
|
-$15.1M |
| 2 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
-$9.96M |
| 3 |
OFW
Omnia Family Wealth
Aventura,
Florida
|
-$4.37M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$3.68M |
| 5 |
Goldman Sachs
New York
|
-$3.34M |
DBA Hedge Fund Activity: Q4 2023 in Review
152 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Agriculture Fund (DBA) for Q4 2023, worth a combined $263M — down 14% from $306M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new DBA positions and 24 closed out — a net gain of 1 holder — while 40 added to existing stakes and 56 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $10M. The largest seller was Windmill Hill Asset Management, cutting an estimated $15.1M.
- 152 institutional investors held Invesco DB Agriculture Fund (DBA) as of Q4 2023, down from 153 in Q3 2023.
- Funds reported $263M of Invesco DB Agriculture Fund stock for Q4 2023, down 14% quarter-over-quarter.
- 25 funds opened new Invesco DB Agriculture Fund positions in Q4 2023 and 24 closed out, a net change of +1 holder.
- The largest Invesco DB Agriculture Fund buyer in Q4 2023 was Cambria Investment Management, an estimated $10M added.
- The largest Invesco DB Agriculture Fund seller in Q4 2023 was Windmill Hill Asset Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q4 2023.