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Invesco DB Base Metals Fund

46 hedge funds and large institutions have $162M invested in Invesco DB Base Metals Fund in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

72% more capital invested

Capital invested by funds: $94.6M → $162M (+$67.8M)

13.78% more ownership

Funds ownership: 39.51%53.28% (+14%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 4846 (-2)

17% less call options, than puts

Call options by funds: $20K | Put options by funds: $24K

18% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 11

43% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 14

Holders
46
Holders Change
-2
Holders Change %
-4.17%
% of All Funds
1.33%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
8
Reduced
14
Closed
11
Calls
$20K
Puts
$24K
Net Calls
-$4K
Net Calls Change
+$9K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$60.7M +$60M +3,711,775 +3,302%
Invesco
2
Invesco
Georgia
$28.7M +$7.24M +447,900 +33%
CSIA
3
Charles Schwab Investment Advisory
California
$25.2M +$2.67M +165,209 +12%
GLI
4
Guardian Life Insurance
New York
$12.2M +$773K +47,829 +7%
QI
5
QS Investors
New York
$8.15M +$8.3M +513,498 New
HSBC Holdings
6
HSBC Holdings
United Kingdom
$5.96M -$67.7K -4,190 -1%
Morgan Stanley
7
Morgan Stanley
New York
$3.24M -$154K -9,513 -4%
EA
8
Evanston Advisors
Illinois
$2.93M -$220K -13,581 -7%
SI
9
Stephens Inc
Arkansas
$2.93M -$99.1K -6,130 -3%
Goldman Sachs
10
Goldman Sachs
New York
$2.69M +$2.52M +155,648 +1,112%
HMC
11
Harvard Management Company
Massachusetts
$2.09M -$579K -35,813 -21%
QA
12
Quintium Advisors
Tennessee
$2.01M -$1.19M -73,755 -37%
U
13
UBS
Switzerland
$875K -$1.92M -118,675 -68%
SG Americas Securities
14
SG Americas Securities
New York
$846K
Wellington Management Group
15
Wellington Management Group
Massachusetts
$497K +$506K +31,288 New
SI
16
SII Investments
Wisconsin
$445K -$8.89K -550 -2%
Axa
17
Axa
France
$416K +$70.2K +4,340 +20%
BCM
18
Brookstone Capital Management
Illinois
$402K -$148K -9,157 -27%
CS
19
Credit Suisse
Switzerland
$307K -$498K -30,777 -61%
HI
20
Hudock Inc
Pennsylvania
$261K -$38K -2,350 -13%
PAG
21
Private Advisor Group
New Jersey
$229K +$1.62K +100 +0.7%
WI
22
WrapManager Inc
California
$185K +$188K +11,651 New
MCM
23
Manchester Capital Management
Vermont
$172K -$154K -9,500 -47%
AssetMark Inc
24
AssetMark Inc
California
$115K -$202K -12,484 -63%
Citigroup
25
Citigroup
New York
$112K -$1.39K -86 -1%

DBB Hedge Fund Activity: Q1 2014 in Review

46 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q1 2014, worth a combined $162M — up 72% from $94.6M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of DBB and 9 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 8 added.

The largest buyer was Wells Fargo, adding an estimated $60M. The largest seller was UBS, cutting an estimated $1.92M.

  • 46 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q1 2014, down from 48 in Q4 2013.
  • Funds reported $162M of Invesco DB Base Metals Fund stock for Q1 2014, up 72% quarter-over-quarter.
  • 9 funds opened new Invesco DB Base Metals Fund positions in Q1 2014 and 11 closed out, a net change of -2 holders.
  • The largest Invesco DB Base Metals Fund buyer in Q1 2014 was Wells Fargo, an estimated $60M added.
  • The largest Invesco DB Base Metals Fund seller in Q1 2014 was UBS, an estimated $1.92M sold.

Based on aggregated 13F filings for Q1 2014.