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Invesco DB Commodity Index Tracking Fund

234 hedge funds and large institutions have $3.13B invested in Invesco DB Commodity Index Tracking Fund in 2014 Q1 according to their latest regulatory filings, with 23 funds opening new positions, 72 increasing their positions, 102 reducing their positions, and 31 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more call options, than puts

Call options by funds: $3.85M | Put options by funds: $2.98M

0.65% less ownership

Funds ownership: 55.78%55.14% (-0.65%)

2% less capital invested

Capital invested by funds: $3.2B → $3.13B (-$68.3M)

4% less funds holding

Funds holding: 243234 (-9)

26% less first-time investments, than exits

New positions opened: 23 | Existing positions closed: 31

29% less funds holding in top 10

Funds holding in top 10: 1410 (-4)

29% less repeat investments, than reductions

Existing positions increased: 72 | Existing positions reduced: 102

Holders
234
Holders Change
-9
Holders Change %
-3.7%
% of All Funds
6.76%
Holding in Top 10
10
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-28.57%
% of All Funds
0.29%
New
23
Increased
72
Reduced
102
Closed
31
Calls
$3.85M
Puts
$2.98M
Net Calls
+$869K
Net Calls Change
+$346K
Name Holding Trade Value Shares
Change
Change in
Stake
WIM
1
Windhaven Investment Management
Massachusetts
$689M +$30.8M +1,204,217 +5%
Bank of America
2
Bank of America
North Carolina
$586M +$8.03M +313,953 +1%
Wells Fargo
3
Wells Fargo
California
$409M -$39.1M -1,527,353 -9%
Morgan Stanley
4
Morgan Stanley
New York
$222M +$5.07M +198,190 +2%
JP Morgan Chase
5
JP Morgan Chase
New York
$118M -$70.3M -2,748,644 -38%
CC
6
Curian Capital
Colorado
$111M -$1.03M -40,082 -0.9%
WCM
7
Windham Capital Management
Massachusetts
$104M +$9.03M +353,025 +10%
SONJCPFE
8
State of New Jersey Common Pension Fund E
New Jersey
$102M -$32.6M -1,275,400 -25%
FEG
9
Fund Evaluation Group
Ohio
$77.1M +$1.71M +66,764 +2%
Northern Trust
10
Northern Trust
Illinois
$50.2M -$5.75M -224,708 -10%
U
11
UBS
Switzerland
$48.5M +$5.3M +207,129 +13%
Wellington Management Group
12
Wellington Management Group
Massachusetts
$44.6M +$266K +10,379 +0.6%
State Street
13
State Street
Massachusetts
$33.8M +$9.39M +366,896 +40%
V
14
Veritable
Delaware
$30.9M -$148K -5,766 -0.5%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$30.8M +$4.45M +173,764 +17%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$20.3M +$1.35M +52,611 +7%
QI
17
QS Investors
New York
$19M -$27.5M -1,076,495 -60%
EA
18
Euclid Advisors
Connecticut
$16.1M -$558K -21,800 -3%
DCC
19
Dow Chemical Company
Michigan
$14.6M +$14.3M +560,000 New
Barclays
20
Barclays
United Kingdom
$14.5M +$1.03M +40,454 +8%
Cambridge Investment Research Advisors
21
Cambridge Investment Research Advisors
Iowa
$13.3M +$5.92M +231,329 +83%
KeyBank National Association
22
KeyBank National Association
Ohio
$12.9M +$1.65M +64,347 +15%
Deutsche Bank
23
Deutsche Bank
Germany
$12M -$12.8M -501,048 -52%
SCM
24
Sterling Capital Management
North Carolina
$11.8M +$1.33M +52,000 +13%
PCA
25
Personal Capital Advisors
California
$11.6M +$3.41M +133,115 +43%

DBC Hedge Fund Activity: Q1 2014 in Review

234 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2014, worth a combined $3.13B — down 2.1% from $3.2B a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of DBC and 23 opened new positions — a net loss of 8 holders — while 102 trimmed existing stakes and 72 added.

The largest buyer was Windhaven Investment Management, adding an estimated $30.8M. The largest seller was JP Morgan Chase, cutting an estimated $70.3M.

  • 234 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2014, down from 243 in Q4 2013.
  • Funds reported $3.13B of Invesco DB Commodity Index Tracking Fund stock for Q1 2014, down 2.1% quarter-over-quarter.
  • 23 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2014 and 31 closed out, a net change of -8 holders.
  • The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2014 was Windhaven Investment Management, an estimated $30.8M added.
  • The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2014 was JP Morgan Chase, an estimated $70.3M sold.

Based on aggregated 13F filings for Q1 2014.