Invesco DB Commodity Index Tracking Fund
194 hedge funds and large institutions have $1.17B invested in Invesco DB Commodity Index Tracking Fund in 2016 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 56 increasing their positions, 71 reducing their positions, and 32 closing their positions.
65% more call options, than puts
Call options by funds: $9.14M | Put options by funds: $5.53M
3.28% more ownership
Funds ownership: 55.19% → 58.47% (+3.3%)
3% more capital invested
Capital invested by funds: $1.13B → $1.17B (+$34.4M)
5% less funds holding
Funds holding: 204 → 194 (-10)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
21% less repeat investments, than reductions
Existing positions increased: 56 | Existing positions reduced: 71
31% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$121M |
| 2 |
WAMC
Western Asset Management Company
Pasadena,
California
|
+$24.9M |
| 3 |
QI
QS Investors
New York
|
+$23.3M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$17.3M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$7.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$51.5M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$21M |
| 3 |
COPPSERS
Commonwealth of Pennsylvania Public School Employees Retirement System
Harrisburg,
Pennsylvania
|
-$19.9M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$15.5M |
| 5 |
PI
PineBridge Investments
New York
|
-$11.4M |
DBC Hedge Fund Activity: Q1 2016 in Review
194 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2016, worth a combined $1.17B — up 3% from $1.13B a quarter earlier.
Sellers outnumbered buyers: 32 funds closed out of DBC and 22 opened new positions — a net loss of 10 holders — while 71 trimmed existing stakes and 56 added.
The largest buyer was Wells Fargo, adding an estimated $121M. The largest seller was Morgan Stanley, cutting an estimated $51.5M.
- 194 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2016, down from 204 in Q4 2015.
- Funds reported $1.17B of Invesco DB Commodity Index Tracking Fund stock for Q1 2016, up 3% quarter-over-quarter.
- 22 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2016 and 32 closed out, a net change of -10 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2016 was Wells Fargo, an estimated $121M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2016 was Morgan Stanley, an estimated $51.5M sold.
Based on aggregated 13F filings for Q1 2016.