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Invesco DB Base Metals Fund

65 hedge funds and large institutions have $71.5M invested in Invesco DB Base Metals Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

529% more call options, than puts

Call options by funds: $5.21M | Put options by funds: $829K

3.95% less ownership

Funds ownership: 46.98%43.03% (-3.9%)

14% less funds holding

Funds holding: 7665 (-11)

32% less capital invested

Capital invested by funds: $105M → $71.5M (-$33.5M)

42% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 26

56% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 18

Holders
65
Holders Change
-11
Holders Change %
-14.47%
% of All Funds
1.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
15
Reduced
26
Closed
18
Calls
$5.21M
Puts
$829K
Net Calls
+$4.38M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
26
AE Wealth Management
Kansas
$628K +$69.4K +3,715 +12%
TIM
27
Thornburg Investment Management
New Mexico
$618K
SC
28
Scotia Capital
Ontario, Canada
$471K +$12.7K +680 +3%
SW
29
SMART Wealth
Nebraska
$457K +$68.2K +3,650 +17%
AR
30
Apeiron RIA
Texas
$434K +$20.9K +1,119 +5%
FTUS
31
Flow Traders U.S.
New York
$398K -$321K -17,176 -44%
Cambridge Investment Research Advisors
32
Cambridge Investment Research Advisors
Iowa
$356K -$1.63K -87 -0.4%
Commonwealth Equity Services
33
Commonwealth Equity Services
Massachusetts
$332K -$25K -1,336 -7%
GS
34
GTS Securities
New York
$299K +$311K +16,649 New
DIP
35
Davis Investment Partners
North Carolina
$280K
CAN
36
Cetera Advisor Networks
California
$267K +$278K +14,884 New
IWM
37
IHT Wealth Management
Illinois
$247K -$22.4K -1,200 -8%
ASBI
38
American State Bank (Iowa)
Iowa
$247K +$50.5K +2,700 +24%
BCM
39
Barometer Capital Management
Ontario, Canada
$246K -$559K -29,900 -69%
PA
40
PFG Advisors
Arizona
$244K -$26.1K -1,394 -9%
LB
41
Leo Brokerage
Texas
$218K -$90.1K -4,822 -28%
Citadel Advisors
42
Citadel Advisors
Florida
$213K -$333K -17,841 -60%
Cerity Partners
43
Cerity Partners
New York
$201K -$26.7K -1,426 -11%
Envestnet Asset Management
44
Envestnet Asset Management
Illinois
$194K -$38.1K -2,038 -16%
GRP
45
Global Retirement Partners
California
$111K
NA
46
NewEdge Advisors
Louisiana
$104K -$985K -52,708 -90%
CPG
47
Cornerstone Planning Group
New Jersey
$46.1K +$48K +2,567 New
Bank of Montreal
48
Bank of Montreal
Ontario, Canada
$37.4K
Citigroup
49
Citigroup
New York
$26.9K
National Bank of Canada
50
National Bank of Canada
Quebec, Canada
$14.3K

DBB Hedge Fund Activity: Q2 2023 in Review

65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2023, worth a combined $71.5M — down 32% from $105M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of DBB and 8 opened new positions — a net loss of 10 holders — while 26 trimmed existing stakes and 15 added.

The largest buyer was Susquehanna International Group, adding an estimated $3.97M. The largest seller was Nilsine Partners, exiting entirely with an estimated $8.28M sold.

  • 65 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2023, down from 76 in Q1 2023.
  • Funds reported $71.5M of Invesco DB Base Metals Fund stock for Q2 2023, down 32% quarter-over-quarter.
  • 8 funds opened new Invesco DB Base Metals Fund positions in Q2 2023 and 18 closed out, a net change of -10 holders.
  • The largest Invesco DB Base Metals Fund buyer in Q2 2023 was Susquehanna International Group, an estimated $3.97M added.
  • The largest Invesco DB Base Metals Fund seller in Q2 2023 was Nilsine Partners, an estimated $8.28M sold.

Based on aggregated 13F filings for Q2 2023.