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Invesco DB Commodity Index Tracking Fund

209 hedge funds and large institutions have $1.07B invested in Invesco DB Commodity Index Tracking Fund in 2017 Q4 according to their latest regulatory filings, with 51 funds opening new positions, 48 increasing their positions, 67 reducing their positions, and 25 closing their positions.

New
Increased
Maintained
Reduced
Closed

104% more first-time investments, than exits

New positions opened: 51 | Existing positions closed: 25

14% more funds holding

Funds holding: 184209 (+25)

11% more capital invested

Capital invested by funds: $959M → $1.07B (+$109M)

0% more funds holding in top 10

Funds holding in top 10: 66 (0)

2.57% less ownership

Funds ownership: 49.57%47% (-2.6%)

28% less repeat investments, than reductions

Existing positions increased: 48 | Existing positions reduced: 67

58% less call options, than puts

Call options by funds: $5.91M | Put options by funds: $14M

Holders
209
Holders Change
+25
Holders Change %
+13.59%
% of All Funds
4.74%
Holding in Top 10
6
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.14%
New
51
Increased
48
Reduced
67
Closed
25
Calls
$5.91M
Puts
$14M
Net Calls
-$8.1M
Net Calls Change
-$4.39M
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$249M +$8.31M +520,268 +4%
JP Morgan Chase
2
JP Morgan Chase
New York
$111M +$106M +6,625,454 +10,866%
Northern Trust
3
Northern Trust
Illinois
$52.6M -$6.13M -383,512 -11%
Russell Investments Group
4
Russell Investments Group
United Kingdom
$52.4M -$546K -34,200 -1%
Wells Fargo
5
Wells Fargo
California
$51.1M -$62.1M -3,888,357 -56%
Morgan Stanley
6
Morgan Stanley
New York
$49.3M -$7.35M -459,836 -13%
MFM
7
MD Financial Management
Ontario, Canada
$36.4M +$35M +2,189,373 New
PAS
8
Park Avenue Securities
New York
$32.1M +$83.7K +5,237 +0.3%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$31.8M +$84.3K +5,276 +0.3%
BCI
10
Brinker Capital Investments
Pennsylvania
$30.2M +$4.15M +260,000 +17%
State Street
11
State Street
Massachusetts
$27.3M -$211K -13,182 -0.8%
Citigroup
12
Citigroup
New York
$24.2M +$1.59M +99,607 +7%
PL
13
Polianta Ltd
Jersey
$22.3M +$5.25M +328,900 +32%
Goldman Sachs
14
Goldman Sachs
New York
$20.4M +$19.5M +1,218,334 +10,195%
AHSSHC
15
Adventist Health System Sunbelt Healthcare Corp
Florida
$19.5M -$825K -51,650 -4%
AP
16
AHL Partners
United Kingdom
$17.6M +$8.32M +520,851 +96%
DCC
17
Dow Chemical Company
Michigan
$12.9M
UBS Group
18
UBS Group
Switzerland
$11.4M -$3.48M -217,676 -24%
Manulife (Manufacturers Life Insurance)
19
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$10.2M +$190K +11,903 +2%
BCMIO
20
Beacon Capital Management Inc (Ohio)
Ohio
$9.19M +$8.72M +545,906 +7,589%
VIA
21
Virtus Investment Advisers
Connecticut
$9.13M -$588K -36,812 -6%
BlackRock
22
BlackRock
New York
$8.98M +$135K +8,438 +2%
Creative Planning
23
Creative Planning
Kansas
$8.47M -$63.9K -3,999 -0.8%
GAG
24
GM Advisory Group
New York
$8.19M -$517K -32,380 -6%
USAA
25
United Services Automobile Association
Texas
$7.23M

DBC Hedge Fund Activity: Q4 2017 in Review

209 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q4 2017, worth a combined $1.07B — up 11% from $959M a quarter earlier.

Buyers outnumbered sellers: 51 funds opened new DBC positions and 25 closed out — a net gain of 26 holders — while 48 added to existing stakes and 67 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $106M. The largest seller was Wells Fargo, cutting an estimated $62.1M.

  • 209 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q4 2017, up from 184 in Q3 2017.
  • Funds reported $1.07B of Invesco DB Commodity Index Tracking Fund stock for Q4 2017, up 11% quarter-over-quarter.
  • 51 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q4 2017 and 25 closed out, a net change of +26 holders.
  • The largest Invesco DB Commodity Index Tracking Fund buyer in Q4 2017 was JP Morgan Chase, an estimated $106M added.
  • The largest Invesco DB Commodity Index Tracking Fund seller in Q4 2017 was Wells Fargo, an estimated $62.1M sold.

Based on aggregated 13F filings for Q4 2017.