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Invesco DB Commodity Index Tracking Fund

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.

New
Increased
Maintained
Reduced
Closed

25% more funds holding in top 10

Funds holding in top 10: 810 (+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: 225227 (+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)

Holders
227
Holders Change
+2
Holders Change %
+0.89%
% of All Funds
6.05%
Holding in Top 10
10
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+25%
% of All Funds
0.27%
New
43
Increased
67
Reduced
87
Closed
37
Calls
$2.59M
Puts
$2.46M
Net Calls
+$129K
Net Calls Change
-$63K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$368M -$69.8M -3,968,063 -16%
Wells Fargo
2
Wells Fargo
California
$234M -$12.9M -733,036 -5%
Morgan Stanley
3
Morgan Stanley
New York
$94.1M +$6.47M +367,682 +7%
FEG
4
Fund Evaluation Group
Ohio
$86.1M +$20.6M +1,168,913 +30%
Vanguard Group
5
Vanguard Group
Pennsylvania
$77.9M +$10.6M +605,000 +15%
JP Morgan Chase
6
JP Morgan Chase
New York
$75.8M -$32M -1,815,571 -29%
WCM
7
Windham Capital Management
Massachusetts
$73.6M +$13.7M +780,814 +22%
Bank of New York Mellon
8
Bank of New York Mellon
New York
$67.2M +$56.3M +3,199,504 +434%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$61.2M +$36.2M +2,055,581 +134%
State of New Jersey Common Pension Fund D
10
State of New Jersey Common Pension Fund D
New Jersey
$46.1M
State Street
11
State Street
Massachusetts
$42.7M +$12.2M +694,387 +38%
Northern Trust
12
Northern Trust
Illinois
$42.4M -$19.6M -1,113,354 -31%
UBS Group
13
UBS Group
Switzerland
$32.7M +$6.52M +370,241 +24%
COPPSERS
14
Commonwealth of Pennsylvania Public School Employees Retirement System
Pennsylvania
$31.4M +$13.1M +743,638 +68%
CC
15
Curian Capital
Colorado
$29.3M -$11.9M -678,067 -28%
PCA
16
Personal Capital Advisors
California
$25.5M +$14.7M +837,660 +131%
PAS
17
Park Avenue Securities
New York
$24.2M +$8.06M +457,848 +48%
MWAN
18
Mariner Wealth Advisors (NYC)
Kansas
$16.9M +$17.5M +992,125 New
M&T Bank
19
M&T Bank
New York
$16.7M +$4.52M +257,026 +36%
USAA
20
United Services Automobile Association
Texas
$15.9M +$505K +28,700 +3%
First Eagle Investment Management
21
First Eagle Investment Management
New York
$14.6M
DCC
22
Dow Chemical Company
Michigan
$13.3M +$2.34M +132,950 +21%
EA
23
Euclid Advisors
Connecticut
$10.8M +$2.46M +139,900 +28%
V
24
Veritable
Delaware
$10.3M -$1.66M -94,496 -13%
IG
25
ING Group
Netherlands
$8.54M +$8.8M +500,000 New

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.