Invesco DB Commodity Index Tracking Fund
200 hedge funds and large institutions have $1.28B invested in Invesco DB Commodity Index Tracking Fund in 2015 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 50 increasing their positions, 79 reducing their positions, and 34 closing their positions.
25% more call options, than puts
Call options by funds: $3.21M | Put options by funds: $2.56M
1.06% less ownership
Funds ownership: 53.93% → 52.87% (-1.1%)
6% less funds holding
Funds holding: 213 → 200 (-13)
24% less capital invested
Capital invested by funds: $1.69B → $1.28B (-$408M)
25% less funds holding in top 10
Funds holding in top 10: 8 → 6 (-2)
32% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 34
37% less repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 79
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCC
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
|
+$28.6M |
| 2 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$28.2M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
+$14.2M |
| 4 |
IG
ING Group
Amsterdam,
Netherlands
|
+$12.6M |
| 5 |
SFS
Strategic Financial Services
Utica,
New York
|
+$10.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FEG
Fund Evaluation Group
Cincinnati,
Ohio
|
-$63.2M |
| 2 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$46.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$40.8M |
| 4 |
Bank of New York Mellon
New York
|
-$20.7M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16.5M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
226
Walleye Trading
New York
| – | -$57.5K | -3,658 | Closed |
|
|
RTIM
227
Round Table Investment Management
Charlotte,
North Carolina
| – | -$46K | -2,538 | Closed |
|
228
Parallax Volatility Advisers
San Francisco,
California
| – | -$29.7K | -1,892 | -100% |
|
|
SSB
229
Sandy Spring Bank
Olney,
Maryland
| – | -$25K | -1,400 | Closed |
|
|
PMFA
230
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$19K | -1,065 | Closed |
|
|
BRWM
231
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$15K | -866 | Closed |
|
|
HCMT
232
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$15K | -850 | Closed |
|
|
PSI
233
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$14K | -765 | Closed |
|
|
IF
234
Ironwood Financial
Tucson,
Arizona
| – | -$5K | -300 | Closed |
|
|
FANJ
235
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$4K | -225 | Closed |
|
|
TFA
236
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$4K | -200 | Closed |
|
DBC Hedge Fund Activity: Q3 2015 in Review
200 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q3 2015, worth a combined $1.28B — down 24% from $1.69B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of DBC and 23 opened new positions — a net loss of 11 holders — while 79 trimmed existing stakes and 50 added.
The largest buyer was Hirtle Callaghan & Co, adding an estimated $28.6M. The largest seller was Fund Evaluation Group, cutting an estimated $63.2M.
- 200 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q3 2015, down from 213 in Q2 2015.
- Funds reported $1.28B of Invesco DB Commodity Index Tracking Fund stock for Q3 2015, down 24% quarter-over-quarter.
- 23 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q3 2015 and 34 closed out, a net change of -11 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q3 2015 was Hirtle Callaghan & Co, an estimated $28.6M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q3 2015 was Fund Evaluation Group, an estimated $63.2M sold.
Based on aggregated 13F filings for Q3 2015.