Invesco DB Base Metals Fund
DBB
52 hedge funds and large institutions have $168M invested in Invesco DB Base Metals Fund in 2017 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 17 increasing their positions, 12 reducing their positions, and 13 closing their positions.
46% more capital invested
Capital invested by funds: $115M → $168M (+$53.2M)
42% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 12
4.06% more ownership
Funds ownership: 53.97% → 58.03% (+4.1%)
7% less funds holding
Funds holding: 56 → 52 (-4)
11% less call options, than puts
Call options by funds: $690K | Put options by funds: $779K
23% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 13
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$16.5M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$11.8M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$6.73M |
| 4 |
VF
Virtu Financial
New York
|
+$3.83M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$3.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$2.57M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$2.13M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.66M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$572K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$503K |
DBB Hedge Fund Activity: Q3 2017 in Review
52 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q3 2017, worth a combined $168M — up 46% from $115M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DBB and 10 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 17 added.
The largest buyer was Wells Fargo, adding an estimated $16.5M. The largest seller was SG Americas Securities, cutting an estimated $2.57M.
- 52 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q3 2017, down from 56 in Q2 2017.
- Funds reported $168M of Invesco DB Base Metals Fund stock for Q3 2017, up 46% quarter-over-quarter.
- 10 funds opened new Invesco DB Base Metals Fund positions in Q3 2017 and 13 closed out, a net change of -3 holders.
- The largest Invesco DB Base Metals Fund buyer in Q3 2017 was Wells Fargo, an estimated $16.5M added.
- The largest Invesco DB Base Metals Fund seller in Q3 2017 was SG Americas Securities, an estimated $2.57M sold.
Based on aggregated 13F filings for Q3 2017.