iMGP DBi Managed Futures Strategy ETF
DBMF
190 hedge funds and large institutions have $817M invested in iMGP DBi Managed Futures Strategy ETF in 2025 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 84 increasing their positions, 65 reducing their positions, and 24 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 84 | Existing positions reduced: 65
8% more first-time investments, than exits
New positions opened: 26 | Existing positions closed: 24
1% more funds holding
Funds holding: 189 → 190 (+1)
7% less capital invested
Capital invested by funds: $877M → $817M (-$59.8M)
9.02% less ownership
Funds ownership: 77.02% → 68% (-9%)
33% less funds holding in top 10
Funds holding in top 10: 15 → 10 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James Financial
St Petersburg,
Florida
|
+$11.5M |
| 2 |
Morgan Stanley
New York
|
+$8.11M |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$7.41M |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$6.73M |
| 5 |
LPL Financial
San Diego,
California
|
+$6.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$65.4M |
| 2 |
NW
Naviter Wealth
Little Rock,
Arkansas
|
-$47.2M |
| 3 |
FIC
Family Investment Center
Saint Joseph,
Missouri
|
-$8.28M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
-$8.01M |
| 5 |
ARC
Advisor Resource Council
Dallas,
Texas
|
-$6.7M |
DBMF Hedge Fund Activity: Q2 2025 in Review
190 of the 7,612 institutional investors tracked by Wall St. Rank reported a position in iMGP DBi Managed Futures Strategy ETF (DBMF) for Q2 2025, worth a combined $817M — down 6.8% from $877M a quarter earlier.
Buyers outnumbered sellers: 26 funds opened new DBMF positions and 24 closed out — a net gain of 2 holders — while 84 added to existing stakes and 65 trimmed.
The largest buyer was Raymond James Financial, adding an estimated $11.5M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $65.4M.
- 190 institutional investors held iMGP DBi Managed Futures Strategy ETF (DBMF) as of Q2 2025, up from 189 in Q1 2025.
- Funds reported $817M of iMGP DBi Managed Futures Strategy ETF stock for Q2 2025, down 6.8% quarter-over-quarter.
- 26 funds opened new iMGP DBi Managed Futures Strategy ETF positions in Q2 2025 and 24 closed out, a net change of +2 holders.
- The largest iMGP DBi Managed Futures Strategy ETF buyer in Q2 2025 was Raymond James Financial, an estimated $11.5M added.
- The largest iMGP DBi Managed Futures Strategy ETF seller in Q2 2025 was Carson Wealth (CWM LLC), an estimated $65.4M sold.
Based on aggregated 13F filings for Q2 2025.