Invesco DB Base Metals Fund
DBB
46 hedge funds and large institutions have $162M invested in Invesco DB Base Metals Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 11 closing their positions.
72% more capital invested
Capital invested by funds: $94.6M → $162M (+$67.8M)
13.78% more ownership
Funds ownership: 39.51% → 53.28% (+14%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 48 → 46 (-2)
17% less call options, than puts
Call options by funds: $20K | Put options by funds: $24K
18% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 11
43% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$60M |
| 2 |
QI
QS Investors
New York
|
+$8.3M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$7.24M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$2.67M |
| 5 |
Goldman Sachs
New York
|
+$2.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$1.92M |
| 2 |
QA
Quintium Advisors
Knoxville,
Tennessee
|
-$1.19M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$934K |
| 5 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
-$579K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
51
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$115K | -6,845 | Closed |
|
|
ASN
52
Advisory Services Network
Atlanta,
Georgia
| – | -$17K | -1,000 | Closed |
|
53
Envestnet Asset Management
Chicago,
Illinois
| – | -$11K | -664 | Closed |
|
|
FTUS
54
Flow Traders U.S.
New York
| – | -$2K | -136 | Closed |
|
|
FBT
55
Founders Bank & Trust
Grand Rapids,
Michigan
| – | -$1K | -86 | Closed |
|
|
HR
56
Howe & Rusling
Rochester,
New York
| – | -$1K | -45 | Closed |
|
|
ECM
57
Estabrook Capital Management
New York
| – | -$354 | -21 | Closed |
|
DBB Hedge Fund Activity: Q1 2014 in Review
46 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q1 2014, worth a combined $162M — up 72% from $94.6M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DBB and 9 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 8 added.
The largest buyer was Wells Fargo, adding an estimated $60M. The largest seller was UBS, cutting an estimated $1.92M.
- 46 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q1 2014, down from 48 in Q4 2013.
- Funds reported $162M of Invesco DB Base Metals Fund stock for Q1 2014, up 72% quarter-over-quarter.
- 9 funds opened new Invesco DB Base Metals Fund positions in Q1 2014 and 11 closed out, a net change of -2 holders.
- The largest Invesco DB Base Metals Fund buyer in Q1 2014 was Wells Fargo, an estimated $60M added.
- The largest Invesco DB Base Metals Fund seller in Q1 2014 was UBS, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2014.