Invesco DB Oil Fund
DBO
66 hedge funds and large institutions have $90M invested in Invesco DB Oil Fund in 2023 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 10 closing their positions.
300% more call options, than puts
Call options by funds: $600K | Put options by funds: $150K
4.03% less ownership
Funds ownership: 36.89% → 32.87% (-4%)
7% less funds holding
Funds holding: 71 → 66 (-5)
20% less capital invested
Capital invested by funds: $113M → $90M (-$23.1M)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.67M |
| 2 |
Jane Street
New York
|
+$1.35M |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$659K |
| 4 |
VCM
Virtue Capital Management
Brentwood,
Tennessee
|
+$530K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$393K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$5.84M |
| 2 |
Prudential Financial
Newark,
New Jersey
|
-$3.41M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.14M |
| 4 |
EFM
E Fund Management
Guangzhou,
China
|
-$1.75M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.75M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Fidelity Investments
Boston,
Massachusetts
| – | -$15 | -1 | Closed |
|
DBO Hedge Fund Activity: Q1 2023 in Review
66 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q1 2023, worth a combined $90M — down 20% from $113M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DBO and 5 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 14 added.
The largest buyer was Empowered Funds, opening a new position worth an estimated $2.67M. The largest seller was Ameriprise, cutting an estimated $5.84M.
- 66 institutional investors held Invesco DB Oil Fund (DBO) as of Q1 2023, down from 71 in Q4 2022.
- Funds reported $90M of Invesco DB Oil Fund stock for Q1 2023, down 20% quarter-over-quarter.
- 5 funds opened new Invesco DB Oil Fund positions in Q1 2023 and 10 closed out, a net change of -5 holders.
- The largest Invesco DB Oil Fund buyer in Q1 2023 was Empowered Funds, an estimated $2.67M added.
- The largest Invesco DB Oil Fund seller in Q1 2023 was Ameriprise, an estimated $5.84M sold.
Based on aggregated 13F filings for Q1 2023.