Invesco DB Oil Fund
DBO
50 hedge funds and large institutions have $63.4M invested in Invesco DB Oil Fund in 2025 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 13 closing their positions.
5% more capital invested
Capital invested by funds: $60.5M → $63.4M (+$2.91M)
1.82% less ownership
Funds ownership: 29.97% → 28.15% (-1.8%)
11% less funds holding
Funds holding: 56 → 50 (-6)
35% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 17
38% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 13
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $56K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EFM
E Fund Management
Guangzhou,
China
|
+$10.8M |
| 2 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.62M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$353K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$293K |
| 5 |
CWM
Cadence Wealth Management
Westborough,
Massachusetts
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FF
Fluent Financial
Dallas,
Texas
|
-$1.62M |
| 2 |
Jane Street
New York
|
-$1.29M |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$791K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$458K |
| 5 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FF
51
Fluent Financial
Dallas,
Texas
| – | -$1.62M | -113,203 | Closed |
|
|
IAA
52
Independent Advisor Alliance
Charlotte,
North Carolina
| – | -$380K | -26,495 | Closed |
|
|
FTUS
53
Flow Traders U.S.
New York
| – | -$323K | -22,566 | Closed |
|
|
PAG
54
Private Advisor Group
Morristown,
New Jersey
| – | -$251K | -17,500 | Closed |
|
|
ATPW
55
Ashton Thomas Private Wealth
Scottsdale,
Arizona
| – | -$210K | -14,621 | Closed |
|
|
CWM
56
Cornerstone Wealth Management
St. Peters,
Missouri
| – | -$193K | -13,500 | Closed |
|
|
SG
57
StoneX Group
New York
| – | -$162K | -11,293 | Closed |
|
|
QC
58
Quent Capital
New York
| – | -$45.9K | -3,203 | Closed |
|
59
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$31.8K | -2,221 | Closed |
|
|
MG
60
Mather Group
Chicago,
Illinois
| – | -$30.1K | -2,100 | Closed |
|
61
BNP Paribas Financial Markets
Paris,
France
| – | -$10K | -700 | Closed |
|
|
EB
62
Eastern Bank
Boston,
Massachusetts
| – | -$2.87K | -200 | Closed |
|
|
AF
63
Advisornet Financial
Minnetonka,
Minnesota
| – | -$917 | -64 | Closed |
|
DBO Hedge Fund Activity: Q2 2025 in Review
50 of the 7,595 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q2 2025, worth a combined $63.4M — up 4.8% from $60.5M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of DBO and 8 opened new positions — a net loss of 5 holders — while 17 trimmed existing stakes and 11 added.
The largest buyer was E Fund Management, opening a new position worth an estimated $10.8M. The largest seller was Fluent Financial, exiting entirely with an estimated $1.62M sold.
- 50 institutional investors held Invesco DB Oil Fund (DBO) as of Q2 2025, down from 56 in Q1 2025.
- Funds reported $63.4M of Invesco DB Oil Fund stock for Q2 2025, up 4.8% quarter-over-quarter.
- 8 funds opened new Invesco DB Oil Fund positions in Q2 2025 and 13 closed out, a net change of -5 holders.
- The largest Invesco DB Oil Fund buyer in Q2 2025 was E Fund Management, an estimated $10.8M added.
- The largest Invesco DB Oil Fund seller in Q2 2025 was Fluent Financial, an estimated $1.62M sold.
Based on aggregated 13F filings for Q2 2025.