iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
140 hedge funds and large institutions have $889M invested in iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 in 2014 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 41 increasing their positions, 58 reducing their positions, and 28 closing their positions.
50% more call options, than puts
Call options by funds: $682K | Put options by funds: $454K
0% more funds holding in top 10
Funds holding in top 10: 13 → 13 (0)
4.31% less ownership
Funds ownership: 58.76% → 54.45% (-4.3%)
8% less funds holding
Funds holding: 152 → 140 (-12)
19% less capital invested
Capital invested by funds: $1.09B → $889M (-$203M)
29% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 58
39% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 28
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$26.6M |
| 2 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$6.23M |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$5.42M |
| 4 |
TAG
Tactical Allocation Group
Birmingham,
Michigan
|
+$4.07M |
| 5 |
Morgan Stanley
New York
|
+$3.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$230M |
| 2 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
-$19.9M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$19.3M |
| 4 |
WCM
Windham Capital Management
Boston,
Massachusetts
|
-$8.62M |
| 5 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
-$8.48M |
DJP Hedge Fund Activity: Q1 2014 in Review
140 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 (DJP) for Q1 2014, worth a combined $889M — down 19% from $1.09B a quarter earlier.
Sellers outnumbered buyers: 28 funds closed out of DJP and 17 opened new positions — a net loss of 11 holders — while 58 trimmed existing stakes and 41 added.
The largest buyer was Legacy Private Trust, adding an estimated $26.6M. The largest seller was Wells Fargo, cutting an estimated $230M.
- 140 institutional investors held iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 (DJP) as of Q1 2014, down from 152 in Q4 2013.
- Funds reported $889M of iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 stock for Q1 2014, down 19% quarter-over-quarter.
- 17 funds opened new iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 positions in Q1 2014 and 28 closed out, a net change of -11 holders.
- The largest iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 buyer in Q1 2014 was Legacy Private Trust, an estimated $26.6M added.
- The largest iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 seller in Q1 2014 was Wells Fargo, an estimated $230M sold.
Based on aggregated 13F filings for Q1 2014.