Invesco DB Commodity Index Tracking Fund
DBC
291 hedge funds and large institutions have $1.79B invested in Invesco DB Commodity Index Tracking Fund in 2022 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 81 increasing their positions, 107 reducing their positions, and 51 closing their positions.
276% more call options, than puts
Call options by funds: $34.1M | Put options by funds: $9.07M
22% more capital invested
Capital invested by funds: $1.46B → $1.79B (+$325M)
1.14% more ownership
Funds ownership: 38.86% → 40% (+1.1%)
5% less funds holding
Funds holding: 307 → 291 (-16)
18% less first-time investments, than exits
New positions opened: 42 | Existing positions closed: 51
24% less repeat investments, than reductions
Existing positions increased: 81 | Existing positions reduced: 107
60% less funds holding in top 10
Funds holding in top 10: 15 → 6 (-9)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
+$30.2M |
| 2 |
Jane Street
New York
|
+$15.2M |
| 3 |
VanEck Associates
New York
|
+$14M |
| 4 |
SL
Systelligence LLC
Bloomington,
Minnesota
|
+$10.3M |
| 5 |
Franklin Resources
San Mateo,
California
|
+$4.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$38M |
| 2 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$24.8M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$24.4M |
| 4 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$24M |
| 5 |
SG Americas Securities
New York
|
-$18.8M |
DBC Hedge Fund Activity: Q4 2022 in Review
291 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q4 2022, worth a combined $1.79B — up 22% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 51 funds closed out of DBC and 42 opened new positions — a net loss of 9 holders — while 107 trimmed existing stakes and 81 added.
The largest buyer was Hawk Ridge Capital Management, opening a new position worth an estimated $30.2M. The largest seller was Goldman Sachs, cutting an estimated $38M.
- 291 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q4 2022, down from 307 in Q3 2022.
- Funds reported $1.79B of Invesco DB Commodity Index Tracking Fund stock for Q4 2022, up 22% quarter-over-quarter.
- 42 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q4 2022 and 51 closed out, a net change of -9 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q4 2022 was Hawk Ridge Capital Management, an estimated $30.2M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q4 2022 was Goldman Sachs, an estimated $38M sold.
Based on aggregated 13F filings for Q4 2022.