Invesco DB Base Metals Fund
DBB
66 hedge funds and large institutions have $60.7M invested in Invesco DB Base Metals Fund in 2025 Q4 according to their latest regulatory filings, with 17 funds opening new positions, 22 increasing their positions, 14 reducing their positions, and 6 closing their positions.
183% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 6
57% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 14
34% more capital invested
Capital invested by funds: $45.3M → $60.7M (+$15.4M)
20% more funds holding
Funds holding: 55 → 66 (+11)
3.41% less ownership
Funds ownership: 35.27% → 31.85% (-3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$3.18M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.9M |
| 3 |
LWL
Leo Wealth LLC
Hurst,
Texas
|
+$1.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.2M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
+$531K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$1.82M |
| 2 |
Neuberger Berman Group
New York
|
-$952K |
| 3 |
WWM
WT Wealth Management
Scottsdale,
Arizona
|
-$714K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$283K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$203K |
DBB Hedge Fund Activity: Q4 2025 in Review
66 of the 8,269 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Base Metals Fund (DBB) for Q4 2025, worth a combined $60.7M — up 34% from $45.3M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new DBB positions and 6 closed out — a net gain of 11 holders — while 22 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $3.18M. The largest seller was Tidal Investments, exiting entirely with an estimated $1.82M sold.
- 66 institutional investors held Invesco DB Base Metals Fund (DBB) as of Q4 2025, up from 55 in Q3 2025.
- Funds reported $60.7M of Invesco DB Base Metals Fund stock for Q4 2025, up 34% quarter-over-quarter.
- 17 funds opened new Invesco DB Base Metals Fund positions in Q4 2025 and 6 closed out, a net change of +11 holders.
- The largest Invesco DB Base Metals Fund buyer in Q4 2025 was Wells Fargo, an estimated $3.18M added.
- The largest Invesco DB Base Metals Fund seller in Q4 2025 was Tidal Investments, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2025.