Invesco DB Base Metals Fund
DBB
49 hedge funds and large institutions have $73.6M invested in Invesco DB Base Metals Fund in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 23 closing their positions.
525% more call options, than puts
Call options by funds: $1.45M | Put options by funds: $232K
8.63% less ownership
Funds ownership: 46.82% → 38.19% (-8.6%)
23% less funds holding
Funds holding: 64 → 49 (-15)
26% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 19
49% less capital invested
Capital invested by funds: $145M → $73.6M (-$71.3M)
65% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
+$2.48M |
| 2 |
PP
Prudential plc
London, England,
United Kingdom
|
+$1.37M |
| 3 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$838K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$322K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$18.6M |
| 2 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$12.4M |
| 3 |
Invesco
Atlanta,
Georgia
|
-$8.75M |
| 4 |
Citigroup
New York
|
-$5.85M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.85M |
DBB Hedge Fund Activity: Q3 2018 in Review
49 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q3 2018, worth a combined $73.6M — down 49% from $145M a quarter earlier.
Sellers outnumbered buyers: 23 funds closed out of DBB and 8 opened new positions — a net loss of 15 holders — while 19 trimmed existing stakes and 14 added.
The largest buyer was MD Financial Management, adding an estimated $2.48M. The largest seller was Wells Fargo, cutting an estimated $18.6M.
- 49 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q3 2018, down from 64 in Q2 2018.
- Funds reported $73.6M of Invesco DB Base Metals Fund stock for Q3 2018, down 49% quarter-over-quarter.
- 8 funds opened new Invesco DB Base Metals Fund positions in Q3 2018 and 23 closed out, a net change of -15 holders.
- The largest Invesco DB Base Metals Fund buyer in Q3 2018 was MD Financial Management, an estimated $2.48M added.
- The largest Invesco DB Base Metals Fund seller in Q3 2018 was Wells Fargo, an estimated $18.6M sold.
Based on aggregated 13F filings for Q3 2018.