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Invesco DB Commodity Index Tracking Fund

240 hedge funds and large institutions have $1.01B invested in Invesco DB Commodity Index Tracking Fund in 2023 Q3 according to their latest regulatory filings, with 32 funds opening new positions, 50 increasing their positions, 83 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

289% more call options, than puts

Call options by funds: $13.6M | Put options by funds: $3.49M

40% more funds holding in top 10

Funds holding in top 10: 57 (+2)

33% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 24

3% more funds holding

Funds holding: 233240 (+7)

2% more capital invested

Capital invested by funds: $991M → $1.01B (+$17.9M)

1.81% less ownership

Funds ownership: 47.84%46.03% (-1.8%)

40% less repeat investments, than reductions

Existing positions increased: 50 | Existing positions reduced: 83

Holders
240
Holders Change
+7
Holders Change %
+3%
% of All Funds
3.81%
Holding in Top 10
7
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+40%
% of All Funds
0.11%
New
32
Increased
50
Reduced
83
Closed
24
Calls
$13.6M
Puts
$3.49M
Net Calls
+$10.1M
Net Calls Change
+$279K
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$128M -$7.89M -322,848 -6%
Bank of America
2
Bank of America
North Carolina
$125M -$33.6M -1,373,623 -22%
Morgan Stanley
3
Morgan Stanley
New York
$115M -$63.3M -2,590,196 -36%
Deutsche Bank
4
Deutsche Bank
Germany
$111M -$101K -4,129 -0.1%
LMIM
5
Lockheed Martin Investment Management
Maryland
$44.6M
HS
6
HighVista Strategies
Massachusetts
$35.8M
IGAM
7
iA Global Asset Management
Quebec, Canada
$25.2M +$24.6M +1,007,729 New
SCM
8
SCS Capital Management
Massachusetts
$24.9M -$353K -14,459 -1%
MSAM
9
Moloney Securities Asset Management
Missouri
$20.9M +$19.9M +815,349 +3,985%
Man Group
10
Man Group
United Kingdom
$20.7M
Northwestern Mutual Wealth Management
11
Northwestern Mutual Wealth Management
Wisconsin
$19.2M +$2.04M +83,465 +12%
EC
12
Estate Counselors
Wisconsin
$16.6M -$502K -20,550 -3%
LPL Financial
13
LPL Financial
California
$16.5M +$2.2M +89,953 +16%
Creative Planning
14
Creative Planning
Kansas
$14.3M -$790K -32,359 -5%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$14M -$2.45M -100,415 -15%
PWM
16
Palumbo Wealth Management
New York
$11.2M +$88.8K +3,634 +0.8%
Victory Capital Management
17
Victory Capital Management
Texas
$10.5M
Ameriprise
18
Ameriprise
Minnesota
$10.2M -$6.68M -273,507 -40%
AAM
19
Augustine Asset Management
Florida
$9.38M -$250K -10,250 -3%
CI
20
Cordant Inc
Oregon
$8.33M +$185K +7,589 +2%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$7.98M +$4.99M +204,099 +177%
UBS Group
22
UBS Group
Switzerland
$7.53M -$5M -204,602 -40%
LNWTC
23
Laird Norton Wetherby Trust Company
Washington
$6.56M -$2.27M -93,089 -26%
AWA
24
Arkadios Wealth Advisors
Georgia
$6.2M +$5.77M +236,398 +1,965%
JP Morgan Chase
25
JP Morgan Chase
New York
$6.09M -$2.97M -121,561 -33%

DBC Hedge Fund Activity: Q3 2023 in Review

240 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q3 2023, worth a combined $1.01B — up 1.8% from $991M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new DBC positions and 24 closed out — a net gain of 8 holders — while 50 added to existing stakes and 83 trimmed.

The largest buyer was iA Global Asset Management, opening a new position worth an estimated $24.6M. The largest seller was Morgan Stanley, cutting an estimated $63.3M.

  • 240 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q3 2023, up from 233 in Q2 2023.
  • Funds reported $1.01B of Invesco DB Commodity Index Tracking Fund stock for Q3 2023, up 1.8% quarter-over-quarter.
  • 32 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q3 2023 and 24 closed out, a net change of +8 holders.
  • The largest Invesco DB Commodity Index Tracking Fund buyer in Q3 2023 was iA Global Asset Management, an estimated $24.6M added.
  • The largest Invesco DB Commodity Index Tracking Fund seller in Q3 2023 was Morgan Stanley, an estimated $63.3M sold.

Based on aggregated 13F filings for Q3 2023.