Invesco DB Base Metals Fund
DBB
51 hedge funds and large institutions have $156M invested in Invesco DB Base Metals Fund in 2014 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 7 closing their positions.
450% more call options, than puts
Call options by funds: $1.49M | Put options by funds: $270K
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
11% more funds holding
Funds holding: 46 → 51 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less capital invested
Capital invested by funds: $162M → $156M (-$6.41M)
3.37% less ownership
Funds ownership: 53.28% → 49.92% (-3.4%)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$13.1M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$13M |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$9.68M |
| 4 |
LPL Financial
San Diego,
California
|
+$3.78M |
| 5 |
CC
Curian Capital
Denver,
Colorado
|
+$3.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$60.5M |
| 2 |
Goldman Sachs
New York
|
-$2.69M |
| 3 |
QI
QS Investors
New York
|
-$1.73M |
| 4 |
SG Americas Securities
New York
|
-$846K |
| 5 |
Wellington Management Group
Boston,
Massachusetts
|
-$497K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Goldman Sachs
New York
| – | -$2.69M | -169,648 | Closed |
|
|
52
SG Americas Securities
New York
| – | -$846K | -53,298 | Closed |
|
|
53
Wellington Management Group
Boston,
Massachusetts
| – | -$497K | -31,288 | Closed |
|
|
M
54
MOTCO
San Antonio,
Texas
| – | -$74K | -4,635 | Closed |
|
55
Barclays
London,
United Kingdom
| – | -$10.6K | -650 | -98% |
|
56
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$6K | -350 | Closed |
|
57
Parallax Volatility Advisers
San Francisco,
California
| – | -$3K | -204 | Closed |
|
58
Ameriprise
Minneapolis,
Minnesota
| – | -$1K | -59 | Closed |
|
DBB Hedge Fund Activity: Q2 2014 in Review
51 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2014, worth a combined $156M — down 4% from $162M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new DBB positions and 7 closed out — a net gain of 6 holders — while 11 added to existing stakes and 16 trimmed.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $13.1M. The largest seller was Wells Fargo, cutting an estimated $60.5M.
- 51 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2014, up from 46 in Q1 2014.
- Funds reported $156M of Invesco DB Base Metals Fund stock for Q2 2014, down 4% quarter-over-quarter.
- 13 funds opened new Invesco DB Base Metals Fund positions in Q2 2014 and 7 closed out, a net change of +6 holders.
- The largest Invesco DB Base Metals Fund buyer in Q2 2014 was Envestnet Asset Management, an estimated $13.1M added.
- The largest Invesco DB Base Metals Fund seller in Q2 2014 was Wells Fargo, an estimated $60.5M sold.
Based on aggregated 13F filings for Q2 2014.