Invesco DB Commodity Index Tracking Fund
190 hedge funds and large institutions have $661M invested in Invesco DB Commodity Index Tracking Fund in 2019 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 37 increasing their positions, 70 reducing their positions, and 28 closing their positions.
195% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $594K
1.69% more ownership
Funds ownership: 35.69% → 37.38% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
5% less funds holding
Funds holding: 199 → 190 (-9)
11% less capital invested
Capital invested by funds: $742M → $661M (-$81.1M)
18% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 28
47% less repeat investments, than reductions
Existing positions increased: 37 | Existing positions reduced: 70
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NextCapital Advisers
Chicago,
Illinois
|
+$4.92M |
| 2 |
GLI
Guardian Life Insurance
New York
|
+$3.02M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.68M |
| 4 |
Mariner
Overland Park,
Kansas
|
+$1.63M |
| 5 |
FTI
Fiduciary Trust International
Lincoln,
Massachusetts
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$27.7M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$11.3M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$8.25M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
-$5.52M |
| 5 |
Morgan Stanley
New York
|
-$5.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
201
Stifel Financial
St. Louis,
Missouri
| – | -$180K | -11,361 | Closed |
|
|
MAS
202
Madden Advisory Services
Jacksonville,
Florida
| – | -$169K | -10,631 | Closed |
|
|
KM
203
Kalos Management
Alpharetta,
Georgia
| – | -$152K | -9,571 | Closed |
|
|
ANBT
204
American National Bank & Trust
Wichita Falls,
Texas
| – | -$109K | -6,863 | Closed |
|
|
KL
205
KWMG LLC
Overland Park,
Kansas
| – | -$90K | -5,689 | Closed |
|
|
NWM
206
Northwest Wealth Management
Spencer,
Iowa
| – | -$68K | -4,275 | Closed |
|
|
FHB
207
First Hawaiian Bank
Honolulu,
Hawaii
| – | -$53K | -3,356 | Closed |
|
|
MFW
208
Mosaic Family Wealth
St. Louis,
Missouri
| – | -$24K | -1,510 | Closed |
|
|
TRCT
209
Tower Research Capital (TRC)
New York
| – | -$10.9K | -692 | -98% |
|
|
BBNA
210
Bremer Bank National Association
St Paul,
Minnesota
| – | -$10K | -641 | Closed |
|
|
AWP
211
Ascent Wealth Partners
New Hartford,
New York
| – | -$2K | -100 | Closed |
|
|
LWA
212
Lenox Wealth Advisors
New York
| – | -$2K | -100 | Closed |
|
|
MF
213
Manchester Financial
Westlake Village,
California
| – | +$205 | +13 | New |
|
DBC Hedge Fund Activity: Q2 2019 in Review
190 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q2 2019, worth a combined $661M — down 11% from $742M a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DBC and 23 opened new positions — a net loss of 5 holders — while 70 trimmed existing stakes and 37 added.
The largest buyer was NextCapital Advisers, adding an estimated $4.92M. The largest seller was Bank of America, cutting an estimated $27.7M.
- 190 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q2 2019, down from 199 in Q1 2019.
- Funds reported $661M of Invesco DB Commodity Index Tracking Fund stock for Q2 2019, down 11% quarter-over-quarter.
- 23 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q2 2019 and 28 closed out, a net change of -5 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q2 2019 was NextCapital Advisers, an estimated $4.92M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q2 2019 was Bank of America, an estimated $27.7M sold.
Based on aggregated 13F filings for Q2 2019.