Invesco DB Base Metals Fund
DBB
82 hedge funds and large institutions have $115M invested in Invesco DB Base Metals Fund in 2026 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 28 increasing their positions, 12 reducing their positions, and 5 closing their positions.
360% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 5
245% more call options, than puts
Call options by funds: $8.51M | Put options by funds: $2.47M
133% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 12
89% more capital invested
Capital invested by funds: $60.7M → $115M (+$54M)
24% more funds holding
Funds holding: 66 → 82 (+16)
3.38% more ownership
Funds ownership: 31.85% → 35.23% (+3.4%)
Top Buyers
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$10.4M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$9.14M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$9.11M |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$5.67M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$5.31M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
76
CoreCap Advisors
Southfield,
Michigan
| $8.41K | – | – | – |
|
|
TCM
77
Triumph Capital Management
Denver,
Colorado
| $7.05K | – | – | – |
|
|
ME
78
McIlrath & Eck
Arlington,
Washington
| $6.82K | – | – | – |
|
|
SIS
79
Sound Income Strategies
Ft Lauderdale,
Florida
| $5.7K | – | – | – |
|
|
WIM
80
Westside Investment Management
Santa Monica,
California
| $2.35K | – | – | – |
|
|
AIC
81
Archer Investment Corporation
Carmel,
Indiana
| $1.31K | – | – | – |
|
|
SFG
82
Strive Financial Group
Carmel,
Indiana
| $1K | – | – | – |
|
83
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.86M | -77,901 | Closed |
|
|
PWM
84
Pines Wealth Management
Southern Pines,
North Carolina
| – | -$611K | -26,634 | Closed |
|
|
KAS
85
Kestra Advisory Services
Austin,
Texas
| – | -$103K | -4,491 | Closed |
|
|
DT
86
DV Trading
Chicago,
Illinois
| – | -$50.5K | -2,200 | Closed |
|
|
CJ
87
Caitlin John
Brighton,
Michigan
| – | -$4.33K | -189 | Closed |
|
DBB Hedge Fund Activity: Q1 2026 in Review
82 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q1 2026, worth a combined $115M — up 89% from $60.7M a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new DBB positions and 5 closed out — a net gain of 18 holders — while 28 added to existing stakes and 12 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $10.4M. The largest seller was Manulife (Manufacturers Life Insurance), cutting an estimated $6.03M.
- 82 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q1 2026, up from 66 in Q4 2025.
- Funds reported $115M of Invesco DB Base Metals Fund stock for Q1 2026, up 89% quarter-over-quarter.
- 23 funds opened new Invesco DB Base Metals Fund positions in Q1 2026 and 5 closed out, a net change of +18 holders.
- The largest Invesco DB Base Metals Fund buyer in Q1 2026 was Cambria Investment Management, an estimated $10.4M added.
- The largest Invesco DB Base Metals Fund seller in Q1 2026 was Manulife (Manufacturers Life Insurance), an estimated $6.03M sold.
Based on aggregated 13F filings for Q1 2026.