Invesco DB Oil Fund
DBO
50 hedge funds and large institutions have $58.1M invested in Invesco DB Oil Fund in 2014 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 12 reducing their positions, and 10 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 12
9% less funds holding
Funds holding: 55 → 50 (-5)
21.79% less ownership
Funds ownership: 45.6% → 23.82% (-22%)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
48% less call options, than puts
Call options by funds: $412K | Put options by funds: $794K
59% less capital invested
Capital invested by funds: $143M → $58.1M (-$84.9M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$4.76M |
| 2 |
SWM
Strategic Wealth Management
Kirkland,
Washington
|
+$2.61M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.93M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$948K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$449K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$63.9M |
| 2 |
LPL Financial
San Diego,
California
|
-$5.75M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$5.63M |
| 4 |
GLI
Guardian Life Insurance
New York
|
-$5.31M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$2.41M |
DBO Hedge Fund Activity: Q3 2014 in Review
50 of the 3,455 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Oil Fund (DBO) for Q3 2014, worth a combined $58.1M — down 59% from $143M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DBO and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 11 added.
The largest buyer was United Services Automobile Association, adding an estimated $4.76M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $63.9M sold.
- 50 institutional investors held Invesco DB Oil Fund (DBO) as of Q3 2014, down from 55 in Q2 2014.
- Funds reported $58.1M of Invesco DB Oil Fund stock for Q3 2014, down 59% quarter-over-quarter.
- 6 funds opened new Invesco DB Oil Fund positions in Q3 2014 and 10 closed out, a net change of -4 holders.
- The largest Invesco DB Oil Fund buyer in Q3 2014 was United Services Automobile Association, an estimated $4.76M added.
- The largest Invesco DB Oil Fund seller in Q3 2014 was Charles Schwab Investment Advisory, an estimated $63.9M sold.
Based on aggregated 13F filings for Q3 2014.