Invesco DB Oil Fund
DBO
51 hedge funds and large institutions have $60.1M invested in Invesco DB Oil Fund in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 17 increasing their positions, 13 reducing their positions, and 13 closing their positions.
34% more call options, than puts
Call options by funds: $156K | Put options by funds: $116K
31% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 13
7% less funds holding
Funds holding: 55 → 51 (-4)
7.69% less ownership
Funds ownership: 22.87% → 15.18% (-7.7%)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
47% less capital invested
Capital invested by funds: $114M → $60.1M (-$54.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sandler Capital Management
New York
|
+$23.1M |
| 2 |
GLI
Guardian Life Insurance
New York
|
+$1.86M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.19M |
| 4 |
Wellington Management Group
Boston,
Massachusetts
|
+$1M |
| 5 |
LPL Financial
San Diego,
California
|
+$346K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$61.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.03M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.2M |
| 5 |
MCM
MV Capital Management
Bethesda,
Maryland
|
-$712K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MCM
51
MV Capital Management
Bethesda,
Maryland
| – | -$712K | -62,730 | Closed |
|
52
Jane Street
New York
| – | -$711K | -62,618 | Closed |
|
53
HighTower Advisors
Chicago,
Illinois
| – | -$150K | -13,195 | Closed |
|
|
VKH
54
Virtu KCG Holdings
New York
| – | -$149K | -13,092 | Closed |
|
|
WAM
55
Wolverine Asset Management
Chicago,
Illinois
| – | -$68K | -6,000 | Closed |
|
|
PSI
56
Pinnacle Summer Investments
Fairfax,
Virginia
| – | -$9K | -775 | Closed |
|
|
BCM
57
Brookstone Capital Management
Wheaton,
Illinois
| – | -$5K | -482 | Closed |
|
|
TWA
58
TCI Wealth Advisors
Tucson,
Arizona
| – | -$5K | -408 | Closed |
|
|
RFA
59
Reilly Financial Advisors
La Mesa,
California
| – | -$3.71K | -350 | Closed |
|
|
WAS
60
Winch Advisory Services
Appleton,
Wisconsin
| – | -$2K | -185 | Closed |
|
DBO Hedge Fund Activity: Q4 2015 in Review
51 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q4 2015, worth a combined $60.1M — down 47% from $114M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DBO and 9 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 17 added.
The largest buyer was Sandler Capital Management, opening a new position worth an estimated $23.1M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $61.7M sold.
- 51 institutional investors held Invesco DB Oil Fund (DBO) as of Q4 2015, down from 55 in Q3 2015.
- Funds reported $60.1M of Invesco DB Oil Fund stock for Q4 2015, down 47% quarter-over-quarter.
- 9 funds opened new Invesco DB Oil Fund positions in Q4 2015 and 13 closed out, a net change of -4 holders.
- The largest Invesco DB Oil Fund buyer in Q4 2015 was Sandler Capital Management, an estimated $23.1M added.
- The largest Invesco DB Oil Fund seller in Q4 2015 was Charles Schwab Investment Advisory, an estimated $61.7M sold.
Based on aggregated 13F filings for Q4 2015.