Invesco DB Commodity Index Tracking Fund
212 hedge funds and large institutions have $875M invested in Invesco DB Commodity Index Tracking Fund in 2018 Q2 according to their latest regulatory filings, with 48 funds opening new positions, 62 increasing their positions, 51 reducing their positions, and 46 closing their positions.
82% more call options, than puts
Call options by funds: $5.91M | Put options by funds: $3.25M
22% more repeat investments, than reductions
Existing positions increased: 62 | Existing positions reduced: 51
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
4% more first-time investments, than exits
New positions opened: 48 | Existing positions closed: 46
0% less funds holding
Funds holding: 213 → 212 (-1)
27.51% less ownership
Funds ownership: 54.65% → 27.14% (-28%)
36% less capital invested
Capital invested by funds: $1.36B → $875M (-$482M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$54.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$24.6M |
| 3 |
Mariner
Overland Park,
Kansas
|
+$13.1M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$10.7M |
| 5 |
PI
PineBridge Investments
New York
|
+$8.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$445M |
| 2 |
State Street
Boston,
Massachusetts
|
-$68.8M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
-$63.4M |
| 4 |
PAS
Park Avenue Securities
New York
|
-$33.2M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$33M |
DBC Hedge Fund Activity: Q2 2018 in Review
212 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q2 2018, worth a combined $875M — down 36% from $1.36B a quarter earlier.
Buyers outnumbered sellers: 48 funds opened new DBC positions and 46 closed out — a net gain of 2 holders — while 62 added to existing stakes and 51 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $54.6M. The largest seller was Bank of America, cutting an estimated $445M.
- 212 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q2 2018, down from 213 in Q1 2018.
- Funds reported $875M of Invesco DB Commodity Index Tracking Fund stock for Q2 2018, down 36% quarter-over-quarter.
- 48 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q2 2018 and 46 closed out, a net change of +2 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q2 2018 was JP Morgan Chase, an estimated $54.6M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q2 2018 was Bank of America, an estimated $445M sold.
Based on aggregated 13F filings for Q2 2018.