Invesco DB Commodity Index Tracking Fund
DBC
227 hedge funds and large institutions have $1.71B invested in Invesco DB Commodity Index Tracking Fund in 2015 Q1 according to their latest regulatory filings, with 43 funds opening new positions, 67 increasing their positions, 87 reducing their positions, and 37 closing their positions.
25% more funds holding in top 10
Funds holding in top 10: 8 → 10 (+2)
16% more first-time investments, than exits
New positions opened: 43 | Existing positions closed: 37
5% more call options, than puts
Call options by funds: $2.59M | Put options by funds: $2.46M
1% more funds holding
Funds holding: 225 → 227 (+2)
5.14% less ownership
Funds ownership: 62.37% → 57.22% (-5.1%)
23% less repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 87
32% less capital invested
Capital invested by funds: $2.52B → $1.71B (-$816M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
+$56.3M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$36.2M |
| 3 |
FEG
Fund Evaluation Group
Cincinnati,
Ohio
|
+$20.6M |
| 4 |
PCA
Personal Capital Advisors
Redwood City,
California
|
+$14.7M |
| 5 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
+$13.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$633M |
| 2 |
Jane Street
New York
|
-$83.6M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$69.8M |
| 4 |
JP Morgan Chase
New York
|
-$32M |
| 5 |
Northern Trust
Chicago,
Illinois
|
-$19.6M |
DBC Hedge Fund Activity: Q1 2015 in Review
227 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2015, worth a combined $1.71B — down 32% from $2.52B a quarter earlier.
Buyers outnumbered sellers: 43 funds opened new DBC positions and 37 closed out — a net gain of 6 holders — while 67 added to existing stakes and 87 trimmed.
The largest buyer was Bank of New York Mellon, adding an estimated $56.3M. The largest seller was Windhaven Investment Management, cutting an estimated $633M.
- 227 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2015, up from 225 in Q4 2014.
- Funds reported $1.71B of Invesco DB Commodity Index Tracking Fund stock for Q1 2015, down 32% quarter-over-quarter.
- 43 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2015 and 37 closed out, a net change of +6 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2015 was Bank of New York Mellon, an estimated $56.3M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2015 was Windhaven Investment Management, an estimated $633M sold.
Based on aggregated 13F filings for Q1 2015.