iMGP DBi Managed Futures Strategy ETF
DBMF
136 hedge funds and large institutions have $442M invested in iMGP DBi Managed Futures Strategy ETF in 2023 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 45 increasing their positions, 55 reducing their positions, and 24 closing their positions.
21% more capital invested
Capital invested by funds: $367M → $442M (+$75.2M)
18% more call options, than puts
Call options by funds: $284K | Put options by funds: $240K
13.33% more ownership
Funds ownership: 49.23% → 62.56% (+13%)
0% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 24
2% less funds holding
Funds holding: 139 → 136 (-3)
11% less funds holding in top 10
Funds holding in top 10: 9 → 8 (-1)
18% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 55
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
+$56.9M |
| 2 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
+$20.9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$16.5M |
| 4 |
NW
Naviter Wealth
Little Rock,
Arkansas
|
+$15.8M |
| 5 |
SWRP
Summit Wealth & Retirement Planning
San Ramon,
California
|
+$4.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$20.9M |
| 2 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$9.62M |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$8.3M |
| 4 |
CRC
Catawba River Capital
Lake Wylie,
South Carolina
|
-$6.76M |
| 5 |
PA
PFG Advisors
Phoenix,
Arizona
|
-$6.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FAG
151
Fortitude Advisory Group
Gig Harbor,
Washington
| – | -$349K | -13,256 | Closed |
|
|
AC
152
Avestar Capital
New York
| – | -$293K | -11,128 | Closed |
|
153
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$247K | -9,400 | Closed |
|
|
IWM
154
Iams Wealth Management
Omaha,
Nebraska
| – | -$241K | -9,093 | Closed |
|
|
MWPCG
155
Measured Wealth Private Client Group
Portsmouth,
New Hampshire
| – | -$222K | -8,455 | Closed |
|
|
MC
156
Moors & Cabot
Boston,
Massachusetts
| – | -$210K | -8,000 | Closed |
|
|
TWC
157
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$105K | -4,018 | Closed |
|
|
FCA
158
Fortis Capital Advisors
Prairie Village,
Kansas
| – | -$64.8K | -2,463 | Closed |
|
|
CFGS
159
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$18.7K | -700 | Closed |
|
160
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$321 | +12 | New |
|
DBMF Hedge Fund Activity: Q2 2023 in Review
136 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in iMGP DBi Managed Futures Strategy ETF (DBMF) for Q2 2023, worth a combined $442M — up 21% from $367M a quarter earlier.
Fund positioning in DBMF was balanced in Q2 2023: 24 funds opened new positions, 24 closed out, 45 added to existing stakes and 55 trimmed.
The largest buyer was Miracle Mile Advisors, adding an estimated $56.9M. The largest seller was State Street, exiting entirely with an estimated $20.9M sold.
- 136 institutional investors held iMGP DBi Managed Futures Strategy ETF (DBMF) as of Q2 2023, down from 139 in Q1 2023.
- Funds reported $442M of iMGP DBi Managed Futures Strategy ETF stock for Q2 2023, up 21% quarter-over-quarter.
- 24 funds opened new iMGP DBi Managed Futures Strategy ETF positions in Q2 2023 and 24 closed out, a net change of 0 holders.
- The largest iMGP DBi Managed Futures Strategy ETF buyer in Q2 2023 was Miracle Mile Advisors, an estimated $56.9M added.
- The largest iMGP DBi Managed Futures Strategy ETF seller in Q2 2023 was State Street, an estimated $20.9M sold.
Based on aggregated 13F filings for Q2 2023.