Invesco DB Base Metals Fund
DBB
66 hedge funds and large institutions have $176M invested in Invesco DB Base Metals Fund in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 17 increasing their positions, 21 reducing their positions, and 16 closing their positions.
1,833% more call options, than puts
Call options by funds: $290K | Put options by funds: $15K
5% less capital invested
Capital invested by funds: $185M → $176M (-$9.03M)
3.93% less ownership
Funds ownership: 65.74% → 61.81% (-3.9%)
10% less funds holding
Funds holding: 73 → 66 (-7)
19% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 21
31% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$8.63M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$5.19M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.64M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$994K |
| 5 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$885K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.71M |
| 2 |
PL
Polianta Ltd
St Helier,
Jersey
|
-$8.82M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$3.71M |
| 4 |
Morgan Stanley
New York
|
-$2.94M |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.2M |
DBB Hedge Fund Activity: Q1 2017 in Review
66 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q1 2017, worth a combined $176M — down 4.9% from $185M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DBB and 11 opened new positions — a net loss of 5 holders — while 21 trimmed existing stakes and 17 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $8.63M. The largest seller was Wells Fargo, cutting an estimated $9.71M.
- 66 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q1 2017, down from 73 in Q4 2016.
- Funds reported $176M of Invesco DB Base Metals Fund stock for Q1 2017, down 4.9% quarter-over-quarter.
- 11 funds opened new Invesco DB Base Metals Fund positions in Q1 2017 and 16 closed out, a net change of -5 holders.
- The largest Invesco DB Base Metals Fund buyer in Q1 2017 was SG Americas Securities, an estimated $8.63M added.
- The largest Invesco DB Base Metals Fund seller in Q1 2017 was Wells Fargo, an estimated $9.71M sold.
Based on aggregated 13F filings for Q1 2017.