Invesco DB Base Metals Fund
DBB
48 hedge funds and large institutions have $116M invested in Invesco DB Base Metals Fund in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 6 closing their positions.
362% more call options, than puts
Call options by funds: $60K | Put options by funds: $13K
33% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 6
2% more funds holding
Funds holding: 47 → 48 (+1)
1.53% less ownership
Funds ownership: 44.35% → 42.82% (-1.5%)
21% less capital invested
Capital invested by funds: $146M → $116M (-$30.2M)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSBC Holdings
London,
United Kingdom
|
+$6.17M |
| 2 |
SG Americas Securities
New York
|
+$887K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$638K |
| 4 |
GLI
Guardian Life Insurance
New York
|
+$615K |
| 5 |
RG
Rathbones Group
Liverpool,
United Kingdom
|
+$241K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$16.4M |
| 2 |
BUB
BBVA USA Bancshares
Houston,
Texas
|
-$5.16M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$4.37M |
| 4 |
NYLIM
New York Life Investment Management
New York
|
-$4.1M |
| 5 |
Jane Street
New York
|
-$2.05M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.72M | -106,360 | Closed |
|
52
William Blair & Company
Chicago,
Illinois
| – | -$409K | -25,354 | Closed |
|
|
CFA
53
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$287K | -17,784 | Closed |
|
|
OWP
54
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$4K | -249 | Closed |
|
DBB Hedge Fund Activity: Q3 2013 in Review
48 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q3 2013, worth a combined $116M — down 21% from $146M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DBB positions and 6 closed out — a net gain of 2 holders — while 8 added to existing stakes and 15 trimmed.
The largest buyer was HSBC Holdings, opening a new position worth an estimated $6.17M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $16.4M.
- 48 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q3 2013, up from 47 in Q2 2013.
- Funds reported $116M of Invesco DB Base Metals Fund stock for Q3 2013, down 21% quarter-over-quarter.
- 8 funds opened new Invesco DB Base Metals Fund positions in Q3 2013 and 6 closed out, a net change of +2 holders.
- The largest Invesco DB Base Metals Fund buyer in Q3 2013 was HSBC Holdings, an estimated $6.17M added.
- The largest Invesco DB Base Metals Fund seller in Q3 2013 was Charles Schwab Investment Advisory, an estimated $16.4M sold.
Based on aggregated 13F filings for Q3 2013.