Invesco DB Base Metals Fund
DBB
44 hedge funds and large institutions have $102M invested in Invesco DB Base Metals Fund in 2015 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 18 reducing their positions, and 21 closing their positions.
6.36% more ownership
Funds ownership: 43.69% → 50.05% (+6.4%)
20% less funds holding
Funds holding: 55 → 44 (-11)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
48% less capital invested
Capital invested by funds: $195M → $102M (-$92.9M)
67% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 18
81% less call options, than puts
Call options by funds: $16K | Put options by funds: $83K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$34.3M |
| 2 |
Goldman Sachs
New York
|
+$5.36M |
| 3 |
QI
QS Investors
New York
|
+$853K |
| 4 |
PP
Prudential plc
London, England,
United Kingdom
|
+$697K |
| 5 |
EA
Evanston Advisors
Schaumburg,
Illinois
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Americafirst Capital Management
Roseville,
California
|
-$94.6M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$10.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.84M |
| 4 |
Jane Street
New York
|
-$3.34M |
| 5 |
LPL Financial
San Diego,
California
|
-$3.01M |
DBB Hedge Fund Activity: Q1 2015 in Review
44 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q1 2015, worth a combined $102M — down 48% from $195M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of DBB and 11 opened new positions — a net loss of 10 holders — while 18 trimmed existing stakes and 6 added.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $34.3M. The largest seller was Americafirst Capital Management, exiting entirely with an estimated $94.6M sold.
- 44 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q1 2015, down from 55 in Q4 2014.
- Funds reported $102M of Invesco DB Base Metals Fund stock for Q1 2015, down 48% quarter-over-quarter.
- 11 funds opened new Invesco DB Base Metals Fund positions in Q1 2015 and 21 closed out, a net change of -10 holders.
- The largest Invesco DB Base Metals Fund buyer in Q1 2015 was Charles Schwab Investment Advisory, an estimated $34.3M added.
- The largest Invesco DB Base Metals Fund seller in Q1 2015 was Americafirst Capital Management, an estimated $94.6M sold.
Based on aggregated 13F filings for Q1 2015.