Invesco DB Commodity Index Tracking Fund
DBC
223 hedge funds and large institutions have $661M invested in Invesco DB Commodity Index Tracking Fund in 2026 Q1 according to their latest regulatory filings, with 36 funds opening new positions, 53 increasing their positions, 67 reducing their positions, and 18 closing their positions.
166% more call options, than puts
Call options by funds: $27.7M | Put options by funds: $10.4M
100% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 18
32% more capital invested
Capital invested by funds: $503M → $661M (+$159M)
20% more funds holding in top 10
Funds holding in top 10: 5 → 6 (+1)
7% more funds holding
Funds holding: 209 → 223 (+14)
1.44% less ownership
Funds ownership: 41.11% → 39.67% (-1.4%)
21% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 67
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$12.7M |
| 2 |
Morgan Stanley
New York
|
+$7.58M |
| 3 |
Jane Street
New York
|
+$5.26M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$4.83M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$4.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$17.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$5.54M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.94M |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$4.62M |
| 5 |
Lido Advisors
Los Angeles,
California
|
-$4.21M |
DBC Hedge Fund Activity: Q1 2026 in Review
223 institutional investors reported a position in Invesco DB Commodity Index Tracking Fund (DBC) for Q1 2026, worth a combined $661M — up 32% from $503M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new DBC positions and 18 closed out — a net gain of 18 holders — while 53 added to existing stakes and 67 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $12.7M. The largest seller was JP Morgan Chase, cutting an estimated $17.3M.
- 223 institutional investors held Invesco DB Commodity Index Tracking Fund (DBC) as of Q1 2026, up from 209 in Q4 2025.
- Funds reported $661M of Invesco DB Commodity Index Tracking Fund stock for Q1 2026, up 32% quarter-over-quarter.
- 36 funds opened new Invesco DB Commodity Index Tracking Fund positions in Q1 2026 and 18 closed out, a net change of +18 holders.
- The largest Invesco DB Commodity Index Tracking Fund buyer in Q1 2026 was Goldman Sachs, an estimated $12.7M added.
- The largest Invesco DB Commodity Index Tracking Fund seller in Q1 2026 was JP Morgan Chase, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2026.