Invesco DB Base Metals Fund
DBB
56 hedge funds and large institutions have $116M invested in Invesco DB Base Metals Fund in 2016 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 2 closing their positions.
850% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 2
115% more capital invested
Capital invested by funds: $53.7M → $116M (+$62M)
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
44% more funds holding
Funds holding: 39 → 56 (+17)
15.88% more ownership
Funds ownership: 46.55% → 62.42% (+16%)
38% less call options, than puts
Call options by funds: $221K | Put options by funds: $354K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$18.3M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$15.9M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
+$10.7M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$3.64M |
| 5 |
LPL Financial
San Diego,
California
|
+$2.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QI
QS Investors
New York
|
-$1.1M |
| 2 |
Wellington Management Group
Boston,
Massachusetts
|
-$736K |
| 3 |
AIP
Ameritas Investment Partners
Lincoln,
Nebraska
|
-$488K |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
-$309K |
| 5 |
Barclays
London,
United Kingdom
|
-$269K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
PWM
52
Perigon Wealth Management
San Francisco,
California
| $4K | – | – | – |
|
|
EWM
53
Endurance Wealth Management
Providence,
Rhode Island
| $3K | – | – | – |
|
|
AG
54
Advisor Group
Phoenix,
Arizona
| $1K | – | – | – |
|
|
HR
55
Howe & Rusling
Rochester,
New York
| $1K | – | – | – |
|
|
AIP
56
Ameritas Investment Partners
Lincoln,
Nebraska
| – | -$488K | -36,400 | Closed |
|
|
PP
57
Prudential plc
London, England,
United Kingdom
| – | -$161K | -12,000 | Closed |
|
DBB Hedge Fund Activity: Q3 2016 in Review
56 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q3 2016, worth a combined $116M — up 115% from $53.7M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new DBB positions and 2 closed out — a net gain of 17 holders — while 14 added to existing stakes and 8 trimmed.
The largest buyer was Wells Fargo, adding an estimated $18.3M. The largest seller was QS Investors, cutting an estimated $1.1M.
- 56 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q3 2016, up from 39 in Q2 2016.
- Funds reported $116M of Invesco DB Base Metals Fund stock for Q3 2016, up 115% quarter-over-quarter.
- 19 funds opened new Invesco DB Base Metals Fund positions in Q3 2016 and 2 closed out, a net change of +17 holders.
- The largest Invesco DB Base Metals Fund buyer in Q3 2016 was Wells Fargo, an estimated $18.3M added.
- The largest Invesco DB Base Metals Fund seller in Q3 2016 was QS Investors, an estimated $1.1M sold.
Based on aggregated 13F filings for Q3 2016.