Invesco DB Base Metals Fund
DBB
56 hedge funds and large institutions have $115M invested in Invesco DB Base Metals Fund in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 18 increasing their positions, 20 reducing their positions, and 17 closing their positions.
44% more call options, than puts
Call options by funds: $23K | Put options by funds: $16K
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7.83% less ownership
Funds ownership: 61.81% → 53.97% (-7.8%)
10% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 20
15% less funds holding
Funds holding: 66 → 56 (-10)
35% less capital invested
Capital invested by funds: $176M → $115M (-$61.1M)
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PL
Polianta Ltd
St Helier,
Jersey
|
+$7.67M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$4.24M |
| 3 |
SG Americas Securities
New York
|
+$3.06M |
| 4 |
QI
QS Investors
New York
|
+$1.79M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$32.9M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$11.2M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$9.1M |
| 4 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$5.27M |
| 5 |
Morgan Stanley
New York
|
-$3.24M |
DBB Hedge Fund Activity: Q2 2017 in Review
56 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2017, worth a combined $115M — down 35% from $176M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of DBB and 7 opened new positions — a net loss of 10 holders — while 20 trimmed existing stakes and 18 added.
The largest buyer was Polianta Ltd, opening a new position worth an estimated $7.67M. The largest seller was Wells Fargo, cutting an estimated $32.9M.
- 56 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2017, down from 66 in Q1 2017.
- Funds reported $115M of Invesco DB Base Metals Fund stock for Q2 2017, down 35% quarter-over-quarter.
- 7 funds opened new Invesco DB Base Metals Fund positions in Q2 2017 and 17 closed out, a net change of -10 holders.
- The largest Invesco DB Base Metals Fund buyer in Q2 2017 was Polianta Ltd, an estimated $7.67M added.
- The largest Invesco DB Base Metals Fund seller in Q2 2017 was Wells Fargo, an estimated $32.9M sold.
Based on aggregated 13F filings for Q2 2017.