Invesco DB Base Metals Fund
DBB
73 hedge funds and large institutions have $185M invested in Invesco DB Base Metals Fund in 2016 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 25 increasing their positions, 13 reducing their positions, and 8 closing their positions.
2,742% more call options, than puts
Call options by funds: $341K | Put options by funds: $12K
250% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 8
92% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 13
60% more capital invested
Capital invested by funds: $116M → $185M (+$68.9M)
30% more funds holding
Funds holding: 56 → 73 (+17)
3.32% more ownership
Funds ownership: 62.42% → 65.74% (+3.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$24.6M |
| 2 |
Morgan Stanley
New York
|
+$6.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6M |
| 4 |
Citigroup
New York
|
+$3.53M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wellington Management Group
Boston,
Massachusetts
|
-$3.26M |
| 2 |
QI
QS Investors
New York
|
-$2.01M |
| 3 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$1.47M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$571K |
| 5 |
MCM
Manchester Capital Management
Manchester,
Vermont
|
-$543K |
DBB Hedge Fund Activity: Q4 2016 in Review
73 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2016, worth a combined $185M — up 60% from $116M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new DBB positions and 8 closed out — a net gain of 20 holders — while 25 added to existing stakes and 13 trimmed.
The largest buyer was Wells Fargo, adding an estimated $24.6M. The largest seller was Wellington Management Group, exiting entirely with an estimated $3.26M sold.
- 73 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2016, up from 56 in Q3 2016.
- Funds reported $185M of Invesco DB Base Metals Fund stock for Q4 2016, up 60% quarter-over-quarter.
- 28 funds opened new Invesco DB Base Metals Fund positions in Q4 2016 and 8 closed out, a net change of +20 holders.
- The largest Invesco DB Base Metals Fund buyer in Q4 2016 was Wells Fargo, an estimated $24.6M added.
- The largest Invesco DB Base Metals Fund seller in Q4 2016 was Wellington Management Group, an estimated $3.26M sold.
Based on aggregated 13F filings for Q4 2016.