Invesco DB Base Metals Fund
DBB
42 hedge funds and large institutions have $52.1M invested in Invesco DB Base Metals Fund in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 8 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
28% more capital invested
Capital invested by funds: $40.7M → $52.1M (+$11.4M)
25% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 8
2% more funds holding
Funds holding: 41 → 42 (+1)
2% more call options, than puts
Call options by funds: $724K | Put options by funds: $711K
0.74% more ownership
Funds ownership: 38.4% → 39.14% (+0.74%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$5.03M |
| 2 |
Jane Street
New York
|
+$2.52M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
+$987K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$402K |
| 5 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$399K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
-$1.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$911K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$882K |
| 4 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$286K |
| 5 |
SG Americas Securities
New York
|
-$169K |
DBB Hedge Fund Activity: Q3 2020 in Review
42 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q3 2020, worth a combined $52.1M — up 28% from $40.7M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new DBB positions and 8 closed out — a net gain of 2 holders — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $5.03M. The largest seller was Private Wealth Advisors (California), cutting an estimated $1.44M.
- 42 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q3 2020, up from 41 in Q2 2020.
- Funds reported $52.1M of Invesco DB Base Metals Fund stock for Q3 2020, up 28% quarter-over-quarter.
- 10 funds opened new Invesco DB Base Metals Fund positions in Q3 2020 and 8 closed out, a net change of +2 holders.
- The largest Invesco DB Base Metals Fund buyer in Q3 2020 was Cambria Investment Management, an estimated $5.03M added.
- The largest Invesco DB Base Metals Fund seller in Q3 2020 was Private Wealth Advisors (California), an estimated $1.44M sold.
Based on aggregated 13F filings for Q3 2020.