Invesco DB Oil Fund
DBO
48 hedge funds and large institutions have $68M invested in Invesco DB Oil Fund in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 19 reducing their positions, and 10 closing their positions.
1.71% more ownership
Funds ownership: 25.09% → 26.81% (+1.7%)
4% less capital invested
Capital invested by funds: $70.5M → $68M (-$2.57M)
6% less funds holding
Funds holding: 51 → 48 (-3)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
42% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 19
Top Buyers
| 1 |
PI
PineBridge Investments
New York
|
+$5.54M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$510K |
| 3 |
IA
IndexIQ Advisors
New York
|
+$469K |
| 4 |
FNC
First National Corp
Rockland,
Massachusetts
|
+$417K |
| 5 |
Asset Management One
Tokyo,
Japan
|
+$392K |
Top Sellers
| 1 |
GLI
Guardian Life Insurance
New York
|
-$1.67M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$1.57M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
-$1.47M |
| 4 |
Jane Street
New York
|
-$753K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JIC
51
Johnson Investment Counsel
Cincinnati,
Ohio
| – | -$126K | -12,600 | Closed |
|
52
JP Morgan Chase
New York
| – | -$24K | -2,353 | Closed |
|
|
CFGS
53
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$20.4K | -2,086 | Closed |
|
54
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$20K | -2,032 | Closed |
|
|
CG
55
Cutler Group
San Francisco,
California
| – | -$10.8K | -1,099 | Closed |
|
|
CA
56
Crewe Advisors
Salt Lake City,
Utah
| – | -$10K | -1,000 | Closed |
|
DBO Hedge Fund Activity: Q3 2019 in Review
48 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q3 2019, worth a combined $68M — down 3.6% from $70.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DBO and 7 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 11 added.
The largest buyer was PineBridge Investments, opening a new position worth an estimated $5.54M. The largest seller was Guardian Life Insurance, cutting an estimated $1.67M.
- 48 institutional investors held Invesco DB Oil Fund (DBO) as of Q3 2019, down from 51 in Q2 2019.
- Funds reported $68M of Invesco DB Oil Fund stock for Q3 2019, down 3.6% quarter-over-quarter.
- 7 funds opened new Invesco DB Oil Fund positions in Q3 2019 and 10 closed out, a net change of -3 holders.
- The largest Invesco DB Oil Fund buyer in Q3 2019 was PineBridge Investments, an estimated $5.54M added.
- The largest Invesco DB Oil Fund seller in Q3 2019 was Guardian Life Insurance, an estimated $1.67M sold.
Based on aggregated 13F filings for Q3 2019.