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Invesco DB Precious Metals Fund

35 hedge funds and large institutions have $103M invested in Invesco DB Precious Metals Fund in 2023 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% more capital invested

Capital invested by funds: $93.3M → $103M (+$9.89M)

1.11% more ownership

Funds ownership: 68.94%70.05% (+1.1%)

10% less funds holding

Funds holding: 3935 (-4)

33% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 12

38% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 13

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $3.96M

Holders
35
Holders Change
-4
Holders Change %
-10.26%
% of All Funds
0.51%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
8
Reduced
13
Closed
12
Calls
Puts
$3.96M
Net Calls
-$3.96M
Net Calls Change
-$3.96M
Name Holding Trade Value Shares
Change
Change in
Stake
Manulife (Manufacturers Life Insurance)
1
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$22.2M -$1.23M -24,509 -5%
EH
2
Equitable Holdings
New York
$20.3M +$1.19M +23,800 +6%
Invesco
3
Invesco
Georgia
$13.7M +$5.09M +101,500 +59%
TYCC
4
Texas Yale Capital Corp
Florida
$11.9M
GVAG
5
Great Valley Advisor Group
Delaware
$10.7M -$91.4K -1,823 -0.8%
CIM
6
Cambria Investment Management
California
$9.99M +$10M +200,049 New
PI
7
PineBridge Investments
New York
$2.72M +$2.73M +54,529 New
Wells Fargo
8
Wells Fargo
California
$1.96M -$24.4K -487 -1%
Envestnet Asset Management
9
Envestnet Asset Management
Illinois
$1.77M +$29.3K +585 +2%
Comerica Bank
10
Comerica Bank
Texas
$1.19M
Morgan Stanley
11
Morgan Stanley
New York
$1.02M +$481K +9,602 +88%
LPL Financial
12
LPL Financial
California
$901K +$14.5K +290 +2%
FTUS
13
Flow Traders U.S.
New York
$864K +$447K +8,909 +106%
WP
14
WealthShield Partners
North Carolina
$464K -$526K -10,493 -53%
PAG
15
Private Advisory Group
Washington
$400K +$402K +8,017 New
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$354K -$116K -2,313 -25%
ASBI
17
American State Bank (Iowa)
Iowa
$310K
CAN
18
Cetera Advisor Networks
California
$266K -$101K -2,024 -28%
Jane Street
19
Jane Street
New York
$265K -$1.16M -23,227 -81%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$259K -$14.5K -289 -5%
S
21
SimplyRich
California
$250K +$251K +5,000 New
CIC
22
Cutler Investment Counsel
Oregon
$248K +$248K +4,955 New
Osaic Holdings
23
Osaic Holdings
Arizona
$227K -$181K -3,604 -44%
SI
24
Stephens Inc
Arkansas
$206K +$207K +4,125 New
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
$169K +$167K +3,335 New

DBP Hedge Fund Activity: Q4 2023 in Review

35 of the 6,860 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Precious Metals Fund (DBP) for Q4 2023, worth a combined $103M — up 11% from $93.3M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of DBP and 8 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 8 added.

The largest buyer was Cambria Investment Management, opening a new position worth an estimated $10M. The largest seller was Advisory Services Network, cutting an estimated $4.76M.

  • 35 institutional investors held Invesco DB Precious Metals Fund (DBP) as of Q4 2023, down from 39 in Q3 2023.
  • Funds reported $103M of Invesco DB Precious Metals Fund stock for Q4 2023, up 11% quarter-over-quarter.
  • 8 funds opened new Invesco DB Precious Metals Fund positions in Q4 2023 and 12 closed out, a net change of -4 holders.
  • The largest Invesco DB Precious Metals Fund buyer in Q4 2023 was Cambria Investment Management, an estimated $10M added.
  • The largest Invesco DB Precious Metals Fund seller in Q4 2023 was Advisory Services Network, an estimated $4.76M sold.

Based on aggregated 13F filings for Q4 2023.