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Invesco DB Base Metals Fund

65 hedge funds and large institutions have $71.5M invested in Invesco DB Base Metals Fund in 2023 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 15 increasing their positions, 26 reducing their positions, and 18 closing their positions.

New
Increased
Maintained
Reduced
Closed

529% more call options, than puts

Call options by funds: $5.21M | Put options by funds: $829K

3.95% less ownership

Funds ownership: 46.98%43.03% (-3.9%)

14% less funds holding

Funds holding: 7665 (-11)

32% less capital invested

Capital invested by funds: $105M → $71.5M (-$33.5M)

42% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 26

56% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 18

Holders
65
Holders Change
-11
Holders Change %
-14.47%
% of All Funds
1.02%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
15
Reduced
26
Closed
18
Calls
$5.21M
Puts
$829K
Net Calls
+$4.38M
Net Calls Change
-$3.28M
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$13.5M +$2.69M +143,900 +24%
Susquehanna International Group
2
Susquehanna International Group
Pennsylvania
$7.25M +$3.97M +212,378 +111%
Ameriprise
3
Ameriprise
Minnesota
$3.8M -$1.93M -103,326 -33%
Bank of America
4
Bank of America
North Carolina
$3.78M +$125K +6,701 +3%
PI
5
PineBridge Investments
New York
$3.53M -$1.84M -98,641 -33%
HighTower Advisors
6
HighTower Advisors
Illinois
$3.34M -$25.3K -1,355 -0.7%
PWAC
7
Private Wealth Advisors (California)
California
$3.28M +$28.4K +1,522 +0.8%
PCIG
8
Partners Capital Investment Group
Massachusetts
$3.13M
Jane Street
9
Jane Street
New York
$3.1M +$1.41M +75,243 +77%
UBS Group
10
UBS Group
Switzerland
$2.81M -$521K -27,902 -15%
G
11
GenTrust
Florida
$2.14M
LPL Financial
12
LPL Financial
California
$1.97M +$235K +12,600 +13%
BRWA
13
B. Riley Wealth Advisors
Florida
$1.74M -$54.3K -2,906 -3%
Morgan Stanley
14
Morgan Stanley
New York
$1.7M -$298K -15,955 -14%
LSAG
15
Lake Street Advisors Group
New Hampshire
$1.65M
Wells Fargo
16
Wells Fargo
California
$1.1M -$2.25M -120,490 -66%
KIA
17
Knollwood Investment Advisory
Maryland
$1.02M -$509K -27,250 -33%
Osaic Holdings
18
Osaic Holdings
Arizona
$941K -$328K -17,564 -25%
JP Morgan Chase
19
JP Morgan Chase
New York
$804K -$36K -1,925 -4%
Daiwa Securities Group
20
Daiwa Securities Group
Japan
$772K +$146K +7,800 +22%
PCM
21
Prelude Capital Management
New York
$718K +$374K +20,000 +100%
PMAM
22
Picton Mahoney Asset Management
Ontario, Canada
$667K -$1.37M -73,070 -66%
RJA
23
Raymond James & Associates
Florida
$658K +$26.2K +1,402 +4%
Mirae Asset Global Investments
24
Mirae Asset Global Investments
South Korea
$646K +$37.4K +2,000 +6%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$640K -$100K -5,364 -13%

DBB Hedge Fund Activity: Q2 2023 in Review

65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q2 2023, worth a combined $71.5M — down 32% from $105M a quarter earlier.

Sellers outnumbered buyers: 18 funds closed out of DBB and 8 opened new positions — a net loss of 10 holders — while 26 trimmed existing stakes and 15 added.

The largest buyer was Susquehanna International Group, adding an estimated $3.97M. The largest seller was Nilsine Partners, exiting entirely with an estimated $8.28M sold.

  • 65 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q2 2023, down from 76 in Q1 2023.
  • Funds reported $71.5M of Invesco DB Base Metals Fund stock for Q2 2023, down 32% quarter-over-quarter.
  • 8 funds opened new Invesco DB Base Metals Fund positions in Q2 2023 and 18 closed out, a net change of -10 holders.
  • The largest Invesco DB Base Metals Fund buyer in Q2 2023 was Susquehanna International Group, an estimated $3.97M added.
  • The largest Invesco DB Base Metals Fund seller in Q2 2023 was Nilsine Partners, an estimated $8.28M sold.

Based on aggregated 13F filings for Q2 2023.