Invesco DB Base Metals Fund
DBB
85 hedge funds and large institutions have $135M invested in Invesco DB Base Metals Fund in 2026 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 28 increasing their positions, 25 reducing their positions, and 7 closing their positions.
4,908% more call options, than puts
Call options by funds: $22.7M | Put options by funds: $453K
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
17% more capital invested
Capital invested by funds: $115M → $135M (+$20M)
12% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 25
9.82% more ownership
Funds ownership: 35.23% → 45.05% (+9.8%)
4% more funds holding
Funds holding: 82 → 85 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$8.04M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.84M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.81M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$4.22M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$3.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$9.13M |
| 2 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$3.84M |
| 3 |
CIA
Concurrent Investment Advisors
Tampa,
Florida
|
-$2.91M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$1.58M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$738K |
DBB Hedge Fund Activity: Q2 2026 in Review
85 of the 8,318 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2026, worth a combined $135M — up 17% from $115M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DBB positions and 7 closed out — a net gain of 6 holders — while 28 added to existing stakes and 25 trimmed.
The largest buyer was Wells Fargo, adding an estimated $8.04M. The largest seller was Tidal Investments, cutting an estimated $9.13M.
- 85 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2026, up from 82 in Q1 2026.
- Funds reported $135M of Invesco DB Base Metals Fund stock for Q2 2026, up 17% quarter-over-quarter.
- 13 funds opened new Invesco DB Base Metals Fund positions in Q2 2026 and 7 closed out, a net change of +6 holders.
- The largest Invesco DB Base Metals Fund buyer in Q2 2026 was Wells Fargo, an estimated $8.04M added.
- The largest Invesco DB Base Metals Fund seller in Q2 2026 was Tidal Investments, an estimated $9.13M sold.
Based on aggregated 13F filings for Q2 2026.