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Invesco DB Base Metals Fund

50 hedge funds and large institutions have $68M invested in Invesco DB Base Metals Fund in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 16 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

209% more call options, than puts

Call options by funds: $1.21M | Put options by funds: $390K

13% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 8

2.74% more ownership

Funds ownership: 38.19%40.93% (+2.7%)

2% more funds holding

Funds holding: 4950 (+1)

8% less capital invested

Capital invested by funds: $73.6M → $68M (-$5.6M)

13% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 16

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
50
Holders Change
+1
Holders Change %
+2.04%
% of All Funds
1.11%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
14
Reduced
16
Closed
8
Calls
$1.21M
Puts
$390K
Net Calls
+$816K
Net Calls Change
-$401K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$31.3M +$7.66M +470,667 +30%
MFM
2
MD Financial Management
Ontario, Canada
$7.01M -$11.9M -733,120 -62%
GLI
3
Guardian Life Insurance
New York
$5.23M +$5.53M +339,714 New
PL
4
Polianta Ltd
Jersey
$3.92M -$4.15M -255,300 -50%
Ameriprise
5
Ameriprise
Minnesota
$3.31M +$3.22M +198,055 +1,154%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$3.1M +$3.05M +187,584 +1,337%
PP
7
Prudential plc
United Kingdom
$2.54M +$1.12M +68,600 +71%
UBS Group
8
UBS Group
Switzerland
$2.25M +$179K +10,996 +8%
Morgan Stanley
9
Morgan Stanley
New York
$802K -$461K -28,303 -35%
LPL Financial
10
LPL Financial
California
$756K -$102K -6,250 -11%
SC
11
Scotia Capital
Ontario, Canada
$739K -$53.4K -3,282 -6%
Wells Fargo
12
Wells Fargo
California
$655K -$1.1M -67,374 -61%
FTUS
13
Flow Traders U.S.
New York
$653K +$131K +8,024 +23%
AGA
14
Accuvest Global Advisors
Utah
$626K
Bank of America
15
Bank of America
North Carolina
$566K +$2.02K +124 +0.3%
Citadel Advisors
16
Citadel Advisors
Florida
$550K +$371K +22,804 +176%
Axa
17
Axa
France
$544K +$13K +800 +2%
PMAM
18
Picton Mahoney Asset Management
Ontario, Canada
$533K +$27K +1,660 +5%
G
19
GenTrust
Florida
$515K -$16.3K -1,000 -3%
JP Morgan Chase
20
JP Morgan Chase
New York
$479K +$47.2K +2,900 +10%
1IA
21
1834 Investment Advisors
Wisconsin
$423K
SG Americas Securities
22
SG Americas Securities
New York
$410K -$4.23K -260 -1%
AssetMark Inc
23
AssetMark Inc
California
$361K +$185K +11,363 +94%
VF
24
Virtu Financial
New York
$178K -$1.81M -111,266 -91%
BOTW
25
Bank of the West
California
$155K +$164K +10,093 New

DBB Hedge Fund Activity: Q4 2018 in Review

50 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2018, worth a combined $68M — down 7.6% from $73.6M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DBB positions and 8 closed out — a net gain of 1 holder — while 14 added to existing stakes and 16 trimmed.

The largest buyer was Invesco, adding an estimated $7.66M. The largest seller was MD Financial Management, cutting an estimated $11.9M.

  • 50 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2018, up from 49 in Q3 2018.
  • Funds reported $68M of Invesco DB Base Metals Fund stock for Q4 2018, down 7.6% quarter-over-quarter.
  • 9 funds opened new Invesco DB Base Metals Fund positions in Q4 2018 and 8 closed out, a net change of +1 holder.
  • The largest Invesco DB Base Metals Fund buyer in Q4 2018 was Invesco, an estimated $7.66M added.
  • The largest Invesco DB Base Metals Fund seller in Q4 2018 was MD Financial Management, an estimated $11.9M sold.

Based on aggregated 13F filings for Q4 2018.