Invesco DB Base Metals Fund
DBB
48 hedge funds and large institutions have $94.6M invested in Invesco DB Base Metals Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 20 reducing their positions, and 9 closing their positions.
0% more funds holding
Funds holding: 48 → 48 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
3.31% less ownership
Funds ownership: 42.82% → 39.51% (-3.3%)
18% less capital invested
Capital invested by funds: $116M → $94.6M (-$21.5M)
38% less call options, than puts
Call options by funds: $21K | Put options by funds: $34K
70% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$1.38M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 3 |
Axa
Paris,
France
|
+$360K |
| 4 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
+$335K |
| 5 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$162K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$21.1M |
| 2 |
GLI
Guardian Life Insurance
New York
|
-$3.87M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$802K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$745K |
| 5 |
Jane Street
New York
|
-$738K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCI
51
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$368K | -22,000 | Closed |
|
|
OC
52
Oppenheimer & Co
New York
| – | -$236K | -14,100 | Closed |
|
|
WF
53
Welch & Forbes
Boston,
Massachusetts
| – | -$176K | -10,510 | Closed |
|
54
Ameriprise
Minneapolis,
Minnesota
| – | -$31K | -1,839 | Closed |
|
55
US Bancorp
Minneapolis,
Minnesota
| – | -$17K | -1,000 | Closed |
|
|
MFS
56
MSI Financial Services
Springfield,
Massachusetts
| – | -$8K | -500 | Closed |
|
|
FANJ
57
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$3K | -156 | Closed |
|
DBB Hedge Fund Activity: Q4 2013 in Review
48 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2013, worth a combined $94.6M — down 18% from $116M a quarter earlier.
Fund positioning in DBB was balanced in Q4 2013: 9 funds opened new positions, 9 closed out, 6 added to existing stakes and 20 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $1.38M. The largest seller was Invesco, cutting an estimated $21.1M.
- 48 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2013, unchanged from Q3 2013.
- Funds reported $94.6M of Invesco DB Base Metals Fund stock for Q4 2013, down 18% quarter-over-quarter.
- 9 funds opened new Invesco DB Base Metals Fund positions in Q4 2013 and 9 closed out, a net change of 0 holders.
- The largest Invesco DB Base Metals Fund buyer in Q4 2013 was Charles Schwab Investment Advisory, an estimated $1.38M added.
- The largest Invesco DB Base Metals Fund seller in Q4 2013 was Invesco, an estimated $21.1M sold.
Based on aggregated 13F filings for Q4 2013.