Invesco DB Oil Fund
DBO
46 hedge funds and large institutions have $45.6M invested in Invesco DB Oil Fund in 2014 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 16 closing their positions.
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
7.15% less ownership
Funds ownership: 23.82% → 16.66% (-7.2%)
8% less funds holding
Funds holding: 50 → 46 (-4)
10% less call options, than puts
Call options by funds: $908K | Put options by funds: $1.01M
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
22% less capital invested
Capital invested by funds: $58.1M → $45.6M (-$12.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.9M |
| 2 |
Jane Street
New York
|
+$5.36M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$3.26M |
| 4 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$2.39M |
| 5 |
GLI
Guardian Life Insurance
New York
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.24M |
| 2 |
SWM
Strategic Wealth Management
Kirkland,
Washington
|
-$2.47M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.44M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$1.23M |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$817K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SB
51
Suntrust Banks
Atlanta,
Georgia
| – | -$629K | -23,205 | Closed |
|
|
CA
52
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$425K | -15,679 | Closed |
|
|
HTHT
53
Hemenway Trust Hemenway Trust
Salem,
New Hampshire
| – | -$361K | -13,300 | Closed |
|
|
FFS
54
Founders Financial Securities
Towson,
Maryland
| – | -$323K | -11,905 | Closed |
|
|
HI
55
Horizon Investments
Charlotte,
North Carolina
| – | -$320K | -11,803 | Closed |
|
56
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$301K | -11,083 | Closed |
|
|
NC
57
NewSquare Capital
Newtown Square,
Pennsylvania
| – | -$158K | -5,810 | Closed |
|
|
AIG
58
American International Group
New York
| – | -$65.6K | -2,419 | Closed |
|
|
PAG
59
Private Advisor Group
Morristown,
New Jersey
| – | -$24K | -876 | Closed |
|
|
PTC
60
Private Trust Company
Cleveland,
Ohio
| – | -$6K | -233 | Closed |
|
61
Envestnet Asset Management
Chicago,
Illinois
| – | -$5K | -180 | Closed |
|
|
MFS
62
MSI Financial Services
Springfield,
Massachusetts
| – | -$3K | -100 | Closed |
|
DBO Hedge Fund Activity: Q4 2014 in Review
46 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q4 2014, worth a combined $45.6M — down 22% from $58.1M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of DBO and 13 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 13 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $10.9M. The largest seller was Susquehanna International Group, cutting an estimated $3.24M.
- 46 institutional investors held Invesco DB Oil Fund (DBO) as of Q4 2014, down from 50 in Q3 2014.
- Funds reported $45.6M of Invesco DB Oil Fund stock for Q4 2014, down 22% quarter-over-quarter.
- 13 funds opened new Invesco DB Oil Fund positions in Q4 2014 and 16 closed out, a net change of -3 holders.
- The largest Invesco DB Oil Fund buyer in Q4 2014 was BNP Paribas Financial Markets, an estimated $10.9M added.
- The largest Invesco DB Oil Fund seller in Q4 2014 was Susquehanna International Group, an estimated $3.24M sold.
Based on aggregated 13F filings for Q4 2014.