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Invesco DB Base Metals Fund

62 hedge funds and large institutions have $51.5M invested in Invesco DB Base Metals Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

13% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 16

0.38% less ownership

Funds ownership: 42.68%42.3% (-0.38%)

7% less first-time investments, than exits

New positions opened: 13 | Existing positions closed: 14

2% less funds holding

Funds holding: 6362 (-1)

23% less capital invested

Capital invested by funds: $67M → $51.5M (-$15.6M)

37% less call options, than puts

Call options by funds: $749K | Put options by funds: $1.19M

Holders
62
Holders Change
-1
Holders Change %
-1.59%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
13
Increased
18
Reduced
16
Closed
14
Calls
$749K
Puts
$1.19M
Net Calls
-$439K
Net Calls Change
-$3.15M
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
26
Ameriprise
Minnesota
$395K -$956K -52,041 -71%
PMAM
27
Picton Mahoney Asset Management
Ontario, Canada
$346K +$107K +5,800 +44%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$334K +$335K +18,230 New
Belvedere Trading
29
Belvedere Trading
Illinois
$298K +$300K +16,307 New
ASBI
30
American State Bank (Iowa)
Iowa
$281K +$29.4K +1,600 +12%
DIP
31
Davis Investment Partners
North Carolina
$272K
CAN
32
Cetera Advisor Networks
California
$259K +$34K +1,852 +15%
Citadel Advisors
33
Citadel Advisors
Florida
$258K +$260K +14,123 New
Stifel Financial
34
Stifel Financial
Missouri
$256K +$257K +13,998 New
LWL
35
Leo Wealth LLC
Texas
$220K +$221K +12,026 New
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$194K +$195K +10,621 New
UBS Group
37
UBS Group
Switzerland
$144K -$1.81M -98,563 -93%
CAS
38
Coppell Advisory Solutions
Texas
$133K +$134K +7,278 New
Carson Wealth (CWM LLC)
39
Carson Wealth (CWM LLC)
Nebraska
$118K +$82.2K +4,471 +228%
BTI
40
Blue Trust Inc
Georgia
$85K
National Bank of Canada
41
National Bank of Canada
Quebec, Canada
$70K +$57K +3,100 +390%
Comerica Bank
42
Comerica Bank
Texas
$52.2K
CPG
43
Cornerstone Planning Group
New Jersey
$50.4K +$3.46K +188 +7%
CAL
44
Capital Analysts LLC
Pennsylvania
$44K +$43.8K +2,384 New
NA
45
NewEdge Advisors
Louisiana
$43.5K -$14.5K -789 -25%
Citigroup
46
Citigroup
New York
$27.4K
WA
47
WestEnd Advisors
North Carolina
$26.8K -$937 -51 -3%
GRP
48
Global Retirement Partners
California
$26.1K -$85.7K -4,664 -76%
ASN
49
Advisory Services Network
Georgia
$22.7K +$22.8K +1,238 New
HI
50
Harbour Investments
Wisconsin
$16.8K +$15.3K +835 +994%

DBB Hedge Fund Activity: Q4 2023 in Review

62 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2023, worth a combined $51.5M — down 23% from $67M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of DBB and 13 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 18 added.

The largest buyer was Morgan Stanley, adding an estimated $1.38M. The largest seller was Private Wealth Advisors (California), exiting entirely with an estimated $3.47M sold.

  • 62 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2023, down from 63 in Q3 2023.
  • Funds reported $51.5M of Invesco DB Base Metals Fund stock for Q4 2023, down 23% quarter-over-quarter.
  • 13 funds opened new Invesco DB Base Metals Fund positions in Q4 2023 and 14 closed out, a net change of -1 holder.
  • The largest Invesco DB Base Metals Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.38M added.
  • The largest Invesco DB Base Metals Fund seller in Q4 2023 was Private Wealth Advisors (California), an estimated $3.47M sold.

Based on aggregated 13F filings for Q4 2023.