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Invesco DB Base Metals Fund

64 hedge funds and large institutions have $145M invested in Invesco DB Base Metals Fund in 2018 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 16 increasing their positions, 20 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

188% more call options, than puts

Call options by funds: $1.9M | Put options by funds: $661K

11% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 9

2% more funds holding

Funds holding: 6364 (+1)

2.57% less ownership

Funds ownership: 49.39%46.82% (-2.6%)

16% less capital invested

Capital invested by funds: $173M → $145M (-$27.7M)

20% less repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 20

Holders
64
Holders Change
+1
Holders Change %
+1.59%
% of All Funds
1.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
16
Reduced
20
Closed
9
Calls
$1.9M
Puts
$661K
Net Calls
+$1.24M
Net Calls Change
-$246K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$36.9M -$12.1M -646,132 -24%
Wells Fargo
2
Wells Fargo
California
$22M -$1.09M -57,974 -4%
MFM
3
MD Financial Management
Ontario, Canada
$18.2M -$892K -47,671 -4%
AIM
4
Astor Investment Management
Illinois
$12.4M +$1.02M +54,526 +8%
PL
5
Polianta Ltd
Jersey
$8.97M
Citigroup
6
Citigroup
New York
$6.31M -$315K -16,854 -4%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$3.85M +$9.68K +517 +0.2%
Bank of America
8
Bank of America
North Carolina
$3.7M -$23.8K -1,270 -0.6%
Allianz Asset Management
9
Allianz Asset Management
Germany
$3.15M +$3.35M +178,994 New
PCP
10
Proficio Capital Partners
Massachusetts
$2.88M +$1.13M +60,525 +59%
Manulife (Manufacturers Life Insurance)
11
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$2.74M +$2.18M +116,282 +293%
UBS Group
12
UBS Group
Switzerland
$2.34M -$815K -43,528 -25%
VF
13
Virtu Financial
New York
$2.29M +$2.43M +129,996 New
Jane Street
14
Jane Street
New York
$2.23M -$2.25M -120,165 -49%
Morgan Stanley
15
Morgan Stanley
New York
$1.64M +$11.7K +626 +0.7%
SS
16
Simplicity Solutions
Minnesota
$1.56M +$80.5K +4,299 +5%
FTUS
17
Flow Traders U.S.
New York
$1.53M -$2.95M -157,824 -64%
AWM
18
AE Wealth Management
Kansas
$1.53M +$20.2K +1,081 +1%
LPL Financial
19
LPL Financial
California
$1.06M -$67.8K -3,621 -6%
SPL
20
Smart Portfolios LLC
Washington
$835K +$42.5K +2,272 +5%
Mirae Asset Global Investments
21
Mirae Asset Global Investments
South Korea
$782K -$842K -45,000 -50%
AGA
22
Accuvest Global Advisors
Utah
$609K +$649K +34,650 New
G
23
GenTrust
Florida
$607K
Axa
24
Axa
France
$540K +$7.11K +380 +1%
EAMA
25
EFG Asset Management (Americas)
Florida
$530K

DBB Hedge Fund Activity: Q2 2018 in Review

64 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2018, worth a combined $145M — down 16% from $173M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new DBB positions and 9 closed out — a net gain of 1 holder — while 16 added to existing stakes and 20 trimmed.

The largest buyer was Allianz Asset Management, opening a new position worth an estimated $3.35M. The largest seller was Invesco, cutting an estimated $12.1M.

  • 64 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2018, up from 63 in Q1 2018.
  • Funds reported $145M of Invesco DB Base Metals Fund stock for Q2 2018, down 16% quarter-over-quarter.
  • 10 funds opened new Invesco DB Base Metals Fund positions in Q2 2018 and 9 closed out, a net change of +1 holder.
  • The largest Invesco DB Base Metals Fund buyer in Q2 2018 was Allianz Asset Management, an estimated $3.35M added.
  • The largest Invesco DB Base Metals Fund seller in Q2 2018 was Invesco, an estimated $12.1M sold.

Based on aggregated 13F filings for Q2 2018.