Invesco DB Base Metals Fund
DBB
62 hedge funds and large institutions have $51.5M invested in Invesco DB Base Metals Fund in 2023 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 18 increasing their positions, 16 reducing their positions, and 14 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 16
0.38% less ownership
Funds ownership: 42.68% → 42.3% (-0.38%)
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
2% less funds holding
Funds holding: 63 → 62 (-1)
23% less capital invested
Capital invested by funds: $67M → $51.5M (-$15.6M)
37% less call options, than puts
Call options by funds: $749K | Put options by funds: $1.19M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.38M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.04M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$335K |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$300K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
-$3.47M |
| 2 |
PI
PineBridge Investments
New York
|
-$3.01M |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.46M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.81M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.49M |
DBB Hedge Fund Activity: Q4 2023 in Review
62 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2023, worth a combined $51.5M — down 23% from $67M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of DBB and 13 opened new positions — a net loss of 1 holder — while 16 trimmed existing stakes and 18 added.
The largest buyer was Morgan Stanley, adding an estimated $1.38M. The largest seller was Private Wealth Advisors (California), exiting entirely with an estimated $3.47M sold.
- 62 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2023, down from 63 in Q3 2023.
- Funds reported $51.5M of Invesco DB Base Metals Fund stock for Q4 2023, down 23% quarter-over-quarter.
- 13 funds opened new Invesco DB Base Metals Fund positions in Q4 2023 and 14 closed out, a net change of -1 holder.
- The largest Invesco DB Base Metals Fund buyer in Q4 2023 was Morgan Stanley, an estimated $1.38M added.
- The largest Invesco DB Base Metals Fund seller in Q4 2023 was Private Wealth Advisors (California), an estimated $3.47M sold.
Based on aggregated 13F filings for Q4 2023.