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Invesco DB Commodity Index Tracking Fund

173 hedge funds and large institutions have $522M invested in Invesco DB Commodity Index Tracking Fund in 2020 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 38 increasing their positions, 44 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

121% more first-time investments, than exits

New positions opened: 42 | Existing positions closed: 19

85% more call options, than puts

Call options by funds: $2.06M | Put options by funds: $1.11M

46% more capital invested

Capital invested by funds: $358M → $522M (+$164M)

13% more funds holding

Funds holding: 153173 (+20)

4.97% more ownership

Funds ownership: 38.81%43.78% (+5%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

14% less repeat investments, than reductions

Existing positions increased: 38 | Existing positions reduced: 44

Holders
173
Holders Change
+20
Holders Change %
+13.07%
% of All Funds
3.06%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
42
Increased
38
Reduced
44
Closed
19
Calls
$2.06M
Puts
$1.11M
Net Calls
+$946K
Net Calls Change
-$790K
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$92.6M -$988K -72,371 -1%
JP Morgan Chase
2
JP Morgan Chase
New York
$87.1M +$79M +5,783,183 +4,147%
Morgan Stanley
3
Morgan Stanley
New York
$50.8M +$3.04M +222,355 +7%
Wells Fargo
4
Wells Fargo
California
$34.3M -$2.31M -169,178 -7%
BCI
5
Brinker Capital Investments
Pennsylvania
$27.1M
Creative Planning
6
Creative Planning
Kansas
$25.9M +$12.2M +893,734 +103%
Russell Investments Group
7
Russell Investments Group
United Kingdom
$13.1M
BCMIO
8
Beacon Capital Management Inc (Ohio)
Ohio
$12.6M +$197K +14,400 +2%
Man Group
9
Man Group
United Kingdom
$12.3M +$11.4M +835,016 New
State Street
10
State Street
Massachusetts
$11.4M +$8.04M +588,850 +315%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$8.71M +$6.13M +448,868 +313%
AllianceBernstein
12
AllianceBernstein
Tennessee
$7.63M
Mirae Asset Global Investments
13
Mirae Asset Global Investments
South Korea
$7.57M +$6.26M +458,615 +816%
Victory Capital Management
14
Victory Capital Management
Texas
$6.21M
CI
15
Cordant Inc
Oregon
$5.67M -$14.3K -1,050 -0.3%
Goldman Sachs
16
Goldman Sachs
New York
$5.62M -$97.4K -7,133 -2%
Nomura Asset Management
17
Nomura Asset Management
Japan
$5.51M -$3.4M -249,300 -40%
LPL Financial
18
LPL Financial
California
$5.34M -$7.48M -547,668 -60%
EC
19
Estate Counselors
Wisconsin
$4.49M +$4.17M +305,400 New
LNWTC
20
Laird Norton Wetherby Trust Company
Washington
$4.42M +$4.11M +301,025 New
AFS
21
Axiom Financial Strategies
Indiana
$4.03M
UBS Group
22
UBS Group
Switzerland
$3.96M +$1.38M +100,740 +60%
LMIM
23
Lockheed Martin Investment Management
Maryland
$3.75M
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$3.54M +$1.21M +88,480 +58%
Stifel Financial
25
Stifel Financial
Missouri
$3.33M +$26.2K +1,916 +0.9%

DBC Hedge Fund Activity: Q4 2020 in Review

173 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q4 2020, worth a combined $522M — up 46% from $358M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new DBC positions and 19 closed out — a net gain of 23 holders — while 38 added to existing stakes and 44 trimmed.

The largest buyer was JP Morgan Chase, adding an estimated $79M. The largest seller was LPL Financial, cutting an estimated $7.48M.

  • 173 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q4 2020, up from 153 in Q3 2020.
  • Funds reported $522M of Invesco DB Commodity Index Tracking Fund stock for Q4 2020, up 46% quarter-over-quarter.
  • 42 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q4 2020 and 19 closed out, a net change of +23 holders.
  • The largest Invesco DB Commodity Index Tracking Fund buyer in Q4 2020 was JP Morgan Chase, an estimated $79M added.
  • The largest Invesco DB Commodity Index Tracking Fund seller in Q4 2020 was LPL Financial, an estimated $7.48M sold.

Based on aggregated 13F filings for Q4 2020.