Invesco DB Base Metals Fund
DBB
65 hedge funds and large institutions have $71.5M invested in Invesco DB Base Metals Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 18 closing their positions.
529% more call options, than puts
Call options by funds: $5.21M | Put options by funds: $829K
3.95% less ownership
Funds ownership: 46.98% → 43.03% (-3.9%)
14% less funds holding
Funds holding: 76 → 65 (-11)
32% less capital invested
Capital invested by funds: $105M → $71.5M (-$33.5M)
42% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 26
56% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.97M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$2.69M |
| 3 |
Jane Street
New York
|
+$1.41M |
| 4 |
PCM
Prelude Capital Management
New York
|
+$374K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$278K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NP
Nilsine Partners
Greenwood Village,
Colorado
|
-$8.28M |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$4.99M |
| 3 |
GCA
Genesee Capital Advisors
Auburn,
New York
|
-$2.79M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$2.25M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.93M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Goldman Sachs
New York
| – | -$362K | -17,917 | Closed |
|
77
Stifel Financial
St. Louis,
Missouri
| – | -$301K | -14,887 | Closed |
|
|
EA
78
Eudaimonia Advisors
Winchester,
Tennessee
| – | -$203K | -10,039 | Closed |
|
|
BTI
79
Blue Trust Inc
Alpharetta,
Georgia
| – | -$119K | -6,094 | Closed |
|
|
CG
80
Cutler Group
San Francisco,
California
| – | -$80K | -3,971 | Closed |
|
|
USGIU
81
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$40.4K | -2,000 | Closed |
|
|
BAM
82
Belpointe Asset Management
Reno,
Nevada
| – | -$37.1K | -1,835 | Closed |
|
83
Fidelity Investments
Boston,
Massachusetts
| – | -$20 | -1 | Closed |
|
DBB Hedge Fund Activity: Q2 2023 in Review
65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2023, worth a combined $71.5M — down 32% from $105M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of DBB and 8 opened new positions — a net loss of 10 holders — while 26 trimmed existing stakes and 15 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.97M. The largest seller was Nilsine Partners, exiting entirely with an estimated $8.28M sold.
- 65 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2023, down from 76 in Q1 2023.
- Funds reported $71.5M of Invesco DB Base Metals Fund stock for Q2 2023, down 32% quarter-over-quarter.
- 8 funds opened new Invesco DB Base Metals Fund positions in Q2 2023 and 18 closed out, a net change of -10 holders.
- The largest Invesco DB Base Metals Fund buyer in Q2 2023 was Susquehanna International Group, an estimated $3.97M added.
- The largest Invesco DB Base Metals Fund seller in Q2 2023 was Nilsine Partners, an estimated $8.28M sold.
Based on aggregated 13F filings for Q2 2023.