Invesco DB Commodity Index Tracking Fund
186 hedge funds and large institutions have $1.19B invested in Invesco DB Commodity Index Tracking Fund in 2017 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 57 increasing their positions, 65 reducing their positions, and 24 closing their positions.
170% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $5.25M
0% more funds holding in top 10
Funds holding in top 10: 7 → 7 (0)
4% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 24
2.34% less ownership
Funds ownership: 55.21% → 52.87% (-2.3%)
4% less funds holding
Funds holding: 193 → 186 (-7)
12% less repeat investments, than reductions
Existing positions increased: 57 | Existing positions reduced: 65
16% less capital invested
Capital invested by funds: $1.41B → $1.19B (-$224M)
Top Buyers
| 1 |
JP Morgan Chase
New York
|
+$111M |
| 2 |
Goldman Sachs
New York
|
+$31.8M |
| 3 |
Northern Trust
Chicago,
Illinois
|
+$14.1M |
| 4 |
Citigroup
New York
|
+$14M |
| 5 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
+$10.9M |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$79K | -4,995 | Closed |
|
|
AA
202
Ancora Advisors
Cleveland,
Ohio
| – | -$66K | -4,210 | Closed |
|
|
AIM
203
Advantage Investment Management
Cedar Rapids,
Iowa
| – | -$10K | -640 | Closed |
|
|
WAM
204
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$6K | -400 | Closed |
|
|
GI
205
Gradient Investments
Arden Hills,
Minnesota
| – | -$2K | -128 | Closed |
|
|
CFD
206
Creative Financial Designs
Kokomo,
Indiana
| – | -$1K | -77 | Closed |
|
|
EF
207
Empirical Finance
Havertown,
Pennsylvania
| – | -$1K | -44 | Closed |
|
|
IPC
208
Independent Portfolio Consultants
Boca Raton,
Florida
| – | -$544 | -35 | -54% |
|
DBC Hedge Fund Activity: Q1 2017 in Review
186 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2017, worth a combined $1.19B — down 16% from $1.41B a quarter earlier.
Sellers outnumbered buyers: 24 funds closed out of DBC and 23 opened new positions — a net loss of 1 holder — while 65 trimmed existing stakes and 57 added.
The largest buyer was JP Morgan Chase, adding an estimated $111M. The largest seller was Wells Fargo, cutting an estimated $234M.
- 186 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2017, down from 193 in Q4 2016.
- Funds reported $1.19B of Invesco DB Commodity Index Tracking Fund stock for Q1 2017, down 16% quarter-over-quarter.
- 23 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2017 and 24 closed out, a net change of -1 holder.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2017 was JP Morgan Chase, an estimated $111M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2017 was Wells Fargo, an estimated $234M sold.
Based on aggregated 13F filings for Q1 2017.