Invesco DB Base Metals Fund
DBB
50 hedge funds and large institutions have $68M invested in Invesco DB Base Metals Fund in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 8 closing their positions.
209% more call options, than puts
Call options by funds: $1.21M | Put options by funds: $390K
13% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 8
2.74% more ownership
Funds ownership: 38.19% → 40.93% (+2.7%)
2% more funds holding
Funds holding: 49 → 50 (+1)
8% less capital invested
Capital invested by funds: $73.6M → $68M (-$5.6M)
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$7.66M |
| 2 |
GLI
Guardian Life Insurance
New York
|
+$5.53M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.05M |
| 5 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$11.9M |
| 2 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$4.15M |
| 3 |
VF
Virtu Financial
New York
|
-$1.81M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.38M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.1M |
DBB Hedge Fund Activity: Q4 2018 in Review
50 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2018, worth a combined $68M — down 7.6% from $73.6M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new DBB positions and 8 closed out — a net gain of 1 holder — while 14 added to existing stakes and 16 trimmed.
The largest buyer was Invesco, adding an estimated $7.66M. The largest seller was MD Financial Management, cutting an estimated $11.9M.
- 50 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2018, up from 49 in Q3 2018.
- Funds reported $68M of Invesco DB Base Metals Fund stock for Q4 2018, down 7.6% quarter-over-quarter.
- 9 funds opened new Invesco DB Base Metals Fund positions in Q4 2018 and 8 closed out, a net change of +1 holder.
- The largest Invesco DB Base Metals Fund buyer in Q4 2018 was Invesco, an estimated $7.66M added.
- The largest Invesco DB Base Metals Fund seller in Q4 2018 was MD Financial Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q4 2018.