Invesco DB Commodity Index Tracking Fund
246 hedge funds and large institutions have $1.13B invested in Invesco DB Commodity Index Tracking Fund in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 53 increasing their positions, 99 reducing their positions, and 64 closing their positions.
299% more call options, than puts
Call options by funds: $15.3M | Put options by funds: $3.84M
6.36% more ownership
Funds ownership: 39.99% → 46.34% (+6.4%)
9% less capital invested
Capital invested by funds: $1.24B → $1.13B (-$118M)
15% less funds holding
Funds holding: 291 → 246 (-45)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
46% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 99
59% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 64
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$37.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$30M |
| 3 |
Goldman Sachs
New York
|
+$21.5M |
| 4 |
SCM
SCS Capital Management
Boston,
Massachusetts
|
+$17.6M |
| 5 |
LMIM
Lockheed Martin Investment Management
Bethesda,
Maryland
|
+$7.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$29.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$19.8M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$14.9M |
| 4 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
-$13.9M |
| 5 |
VanEck Associates
New York
|
-$13.8M |
DBC Hedge Fund Activity: Q1 2023 in Review
246 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2023, worth a combined $1.13B — down 9.5% from $1.24B a quarter earlier.
Sellers outnumbered buyers: 64 funds closed out of DBC and 26 opened new positions — a net loss of 38 holders — while 99 trimmed existing stakes and 53 added.
The largest buyer was Morgan Stanley, adding an estimated $37.7M. The largest seller was Hawk Ridge Capital Management, exiting entirely with an estimated $29.7M sold.
- 246 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2023, down from 291 in Q4 2022.
- Funds reported $1.13B of Invesco DB Commodity Index Tracking Fund stock for Q1 2023, down 9.5% quarter-over-quarter.
- 26 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2023 and 64 closed out, a net change of -38 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2023 was Morgan Stanley, an estimated $37.7M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2023 was Hawk Ridge Capital Management, an estimated $29.7M sold.
Based on aggregated 13F filings for Q1 2023.