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Invesco DB Precious Metals Fund

41 hedge funds and large institutions have $76.1M invested in Invesco DB Precious Metals Fund in 2013 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 19 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

370% more call options, than puts

Call options by funds: $1.25M | Put options by funds: $267K

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

5% more funds holding

Funds holding: 3941 (+2)

0.57% less ownership

Funds ownership: 42.78%42.21% (-0.57%)

22% less capital invested

Capital invested by funds: $97.1M → $76.1M (-$21M)

68% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 19

Holders
41
Holders Change
+2
Holders Change %
+5.13%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
9
Increased
6
Reduced
19
Closed
7
Calls
$1.25M
Puts
$267K
Net Calls
+$987K
Net Calls Change
-$134K
Name Holding Trade Value Shares
Change
Change in
Stake
Invesco
1
Invesco
Georgia
$46.1M -$21.5M -516,500 -31%
RBC
2
Ronald Blue & Co
Georgia
$12.8M +$13.7M +327,881 New
Morgan Stanley
3
Morgan Stanley
New York
$4.05M -$530K -12,701 -11%
VF
4
Virtu Financial
New York
$1.93M +$1.58M +37,949 +338%
Wells Fargo
5
Wells Fargo
California
$1.76M -$1.09M -26,179 -37%
BA
6
Boston Advisors
Massachusetts
$1.25M -$240K -5,762 -15%
PAS
7
Partnervest Advisory Services
California
$1.06M +$113K +2,699 +11%
U
8
UBS
Switzerland
$1.05M -$670K -16,059 -37%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$846K -$313K -7,492 -26%
MCM
10
Murphy Capital Management
New Jersey
$743K -$284K -6,800 -26%
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$596K -$48.6K -1,166 -7%
B
12
Baird
Wisconsin
$556K +$5.92K +142 +1%
Jane Street
13
Jane Street
New York
$554K +$590K +14,140 New
SI
14
Stephens Inc
Arkansas
$355K -$35.5K -850 -9%
LPL Financial
15
LPL Financial
California
$351K -$293K -7,022 -44%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$290K -$16.8K -402 -5%
PAG
17
Private Advisor Group
New Jersey
$270K +$288K +6,900 New
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$257K -$626 -15 -0.2%
Goldman Sachs
19
Goldman Sachs
New York
$251K -$167 -4 -0.1%
AIG
20
American International Group
New York
$161K +$28.9K +692 +20%
LTFS
21
Ladenburg Thalmann Financial Services
Florida
$125K -$46.7K -1,119 -26%
Ameriprise
22
Ameriprise
Minnesota
$111K -$78.7K -1,886 -40%
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$95K
CAL
24
Capital Advisors Ltd
Ohio
$94K +$100K +2,407 New
MCM
25
Manchester Capital Management
Vermont
$91K -$323K -7,733 -77%

DBP Hedge Fund Activity: Q4 2013 in Review

41 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Precious Metals Fund (DBP) for Q4 2013, worth a combined $76.1M — down 22% from $97.1M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new DBP positions and 7 closed out — a net gain of 2 holders — while 6 added to existing stakes and 19 trimmed.

The largest buyer was Ronald Blue & Co, opening a new position worth an estimated $13.7M. The largest seller was Invesco, cutting an estimated $21.5M.

  • 41 institutional investors held Invesco DB Precious Metals Fund (DBP) as of Q4 2013, up from 39 in Q3 2013.
  • Funds reported $76.1M of Invesco DB Precious Metals Fund stock for Q4 2013, down 22% quarter-over-quarter.
  • 9 funds opened new Invesco DB Precious Metals Fund positions in Q4 2013 and 7 closed out, a net change of +2 holders.
  • The largest Invesco DB Precious Metals Fund buyer in Q4 2013 was Ronald Blue & Co, an estimated $13.7M added.
  • The largest Invesco DB Precious Metals Fund seller in Q4 2013 was Invesco, an estimated $21.5M sold.

Based on aggregated 13F filings for Q4 2013.