Invesco DB Commodity Index Tracking Fund
209 hedge funds and large institutions have $561M invested in Invesco DB Commodity Index Tracking Fund in 2025 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 48 increasing their positions, 59 reducing their positions, and 33 closing their positions.
36% more call options, than puts
Call options by funds: $1.76M | Put options by funds: $1.29M
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% more capital invested
Capital invested by funds: $530M → $561M (+$30.6M)
3.97% more ownership
Funds ownership: 36.69% → 40.66% (+4%)
2% less funds holding
Funds holding: 214 → 209 (-5)
12% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 33
19% less repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 59
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Man Group
London,
United Kingdom
|
+$16.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$16.2M |
| 3 |
JP Morgan Chase
New York
|
+$7.16M |
| 4 |
ACM
Avos Capital Management
Seattle,
Washington
|
+$5.63M |
| 5 |
Goldman Sachs
New York
|
+$5.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$27.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.64M |
| 3 |
Jane Street
New York
|
-$3.36M |
| 4 |
WC
Wexford Capital
West Palm Beach,
Florida
|
-$3.09M |
| 5 |
LHWM
Lake Hills Wealth Management
Austin,
Texas
|
-$3.03M |
DBC Hedge Fund Activity: Q1 2025 in Review
209 of the 7,457 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2025, worth a combined $561M — up 5.8% from $530M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of DBC and 29 opened new positions — a net loss of 4 holders — while 59 trimmed existing stakes and 48 added.
The largest buyer was Man Group, opening a new position worth an estimated $16.6M. The largest seller was Deutsche Bank, cutting an estimated $27.7M.
- 209 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2025, down from 214 in Q4 2024.
- Funds reported $561M of Invesco DB Commodity Index Tracking Fund stock for Q1 2025, up 5.8% quarter-over-quarter.
- 29 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2025 and 33 closed out, a net change of -4 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2025 was Man Group, an estimated $16.6M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2025 was Deutsche Bank, an estimated $27.7M sold.
Based on aggregated 13F filings for Q1 2025.