iMGP DBi Managed Futures Strategy ETF
DBMF
241 hedge funds and large institutions have $1.62B invested in iMGP DBi Managed Futures Strategy ETF in 2025 Q4 according to their latest regulatory filings, with 64 funds opening new positions, 105 increasing their positions, 58 reducing their positions, and 14 closing their positions.
357% more first-time investments, than exits
New positions opened: 64 | Existing positions closed: 14
81% more repeat investments, than reductions
Existing positions increased: 105 | Existing positions reduced: 58
43% more capital invested
Capital invested by funds: $1.13B → $1.62B (+$489M)
26% more funds holding
Funds holding: 192 → 241 (+49)
25% more funds holding in top 10
Funds holding in top 10: 12 → 15 (+3)
3.91% more ownership
Funds ownership: 76.82% → 80.73% (+3.9%)
20% less call options, than puts
Call options by funds: $805K | Put options by funds: $1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$210M |
| 2 |
TIAA Trust, National Association
Charlotte,
North Carolina
|
+$89M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$26.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.3M |
| 5 |
PCM
Penserra Capital Management
Orinda,
California
|
+$15.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$4.09M |
| 2 |
CLGM
Capitolis Liquid Global Markets
New York
|
-$4.08M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
-$3.72M |
| 4 |
BCMIO
Beacon Capital Management Inc (Ohio)
Dayton,
Ohio
|
-$2.21M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.86M |
DBMF Hedge Fund Activity: Q4 2025 in Review
241 of the 8,267 institutional investors tracked by Wall St. Rank reported a position in iMGP DBi Managed Futures Strategy ETF (DBMF) for Q4 2025, worth a combined $1.62B — up 43% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 64 funds opened new DBMF positions and 14 closed out — a net gain of 50 holders — while 105 added to existing stakes and 58 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $210M. The largest seller was Baird Financial Group, exiting entirely with an estimated $4.09M sold.
- 241 institutional investors held iMGP DBi Managed Futures Strategy ETF (DBMF) as of Q4 2025, up from 192 in Q3 2025.
- Funds reported $1.62B of iMGP DBi Managed Futures Strategy ETF stock for Q4 2025, up 43% quarter-over-quarter.
- 64 funds opened new iMGP DBi Managed Futures Strategy ETF positions in Q4 2025 and 14 closed out, a net change of +50 holders.
- The largest iMGP DBi Managed Futures Strategy ETF buyer in Q4 2025 was JP Morgan Chase, an estimated $210M added.
- The largest iMGP DBi Managed Futures Strategy ETF seller in Q4 2025 was Baird Financial Group, an estimated $4.09M sold.
Based on aggregated 13F filings for Q4 2025.