iMGP DBi Managed Futures Strategy ETF
DBMF
139 hedge funds and large institutions have $373M invested in iMGP DBi Managed Futures Strategy ETF in 2023 Q1 according to their latest regulatory filings, with 29 funds opening new positions, 46 increasing their positions, 55 reducing their positions, and 36 closing their positions.
1,197% more call options, than puts
Call options by funds: $428K | Put options by funds: $33K
4.28% less ownership
Funds ownership: 53.52% → 49.23% (-4.3%)
9% less funds holding
Funds holding: 153 → 139 (-14)
16% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 55
19% less first-time investments, than exits
New positions opened: 29 | Existing positions closed: 36
25% less capital invested
Capital invested by funds: $495M → $373M (-$122M)
36% less funds holding in top 10
Funds holding in top 10: 14 → 9 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$9.16M |
| 2 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$4.32M |
| 3 |
EH
Equitable Holdings
New York
|
+$3.58M |
| 4 |
CCM
Canal Capital Management
Richmond,
Virginia
|
+$3.17M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$2.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RWRC
R.W. Roge & Company
Bohemia,
New York
|
-$16.5M |
| 2 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
-$14.4M |
| 3 |
LGWM
Litman Gregory Wealth Management
Larkspur,
California
|
-$12.1M |
| 4 |
NW
Naviter Wealth
Little Rock,
Arkansas
|
-$11.4M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$9.17M |
DBMF Hedge Fund Activity: Q1 2023 in Review
139 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in iMGP DBi Managed Futures Strategy ETF (DBMF) for Q1 2023, worth a combined $373M — down 25% from $495M a quarter earlier.
Sellers outnumbered buyers: 36 funds closed out of DBMF and 29 opened new positions — a net loss of 7 holders — while 55 trimmed existing stakes and 46 added.
The largest buyer was Northwestern Mutual Wealth Management, opening a new position worth an estimated $9.16M. The largest seller was R.W. Roge & Company, cutting an estimated $16.5M.
- 139 institutional investors held iMGP DBi Managed Futures Strategy ETF (DBMF) as of Q1 2023, down from 153 in Q4 2022.
- Funds reported $373M of iMGP DBi Managed Futures Strategy ETF stock for Q1 2023, down 25% quarter-over-quarter.
- 29 funds opened new iMGP DBi Managed Futures Strategy ETF positions in Q1 2023 and 36 closed out, a net change of -7 holders.
- The largest iMGP DBi Managed Futures Strategy ETF buyer in Q1 2023 was Northwestern Mutual Wealth Management, an estimated $9.16M added.
- The largest iMGP DBi Managed Futures Strategy ETF seller in Q1 2023 was R.W. Roge & Company, an estimated $16.5M sold.
Based on aggregated 13F filings for Q1 2023.