Invesco DB Commodity Index Tracking Fund
179 hedge funds and large institutions have $300M invested in Invesco DB Commodity Index Tracking Fund in 2020 Q1 according to their latest regulatory filings, with 37 funds opening new positions, 39 increasing their positions, 63 reducing their positions, and 40 closing their positions.
5% less call options, than puts
Call options by funds: $978K | Put options by funds: $1.03M
8% less first-time investments, than exits
New positions opened: 37 | Existing positions closed: 40
5% less funds holding
Funds holding: 188 → 179 (-9)
9.53% less ownership
Funds ownership: 39.09% → 29.56% (-9.5%)
38% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 63
49% less capital invested
Capital invested by funds: $587M → $300M (-$287M)
83% less funds holding in top 10
Funds holding in top 10: 6 → 1 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Victory Capital Management
San Antonio,
Texas
|
+$5.9M |
| 2 |
Jane Street
New York
|
+$5.12M |
| 3 |
Russell Investments Group
London,
United Kingdom
|
+$4.82M |
| 4 |
F
Filament
Seattle,
Washington
|
+$4.32M |
| 5 |
MWA
MFA Wealth Advisors
Pittsburgh,
Pennsylvania
|
+$3.21M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JPC
Jabodon PT Co
Reno,
Nevada
|
-$51.7M |
| 2 |
JP Morgan Chase
New York
|
-$33.1M |
| 3 |
NA
NextCapital Advisers
Chicago,
Illinois
|
-$22.3M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$12.8M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$10.1M |
DBC Hedge Fund Activity: Q1 2020 in Review
179 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2020, worth a combined $300M — down 49% from $587M a quarter earlier.
Sellers outnumbered buyers: 40 funds closed out of DBC and 37 opened new positions — a net loss of 3 holders — while 63 trimmed existing stakes and 39 added.
The largest buyer was Victory Capital Management, adding an estimated $5.9M. The largest seller was Jabodon PT Co, exiting entirely with an estimated $51.7M sold.
- 179 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2020, down from 188 in Q4 2019.
- Funds reported $300M of Invesco DB Commodity Index Tracking Fund stock for Q1 2020, down 49% quarter-over-quarter.
- 37 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2020 and 40 closed out, a net change of -3 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2020 was Victory Capital Management, an estimated $5.9M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2020 was Jabodon PT Co, an estimated $51.7M sold.
Based on aggregated 13F filings for Q1 2020.