iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
130 hedge funds and large institutions have $238M invested in iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 in 2019 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 28 increasing their positions, 54 reducing their positions, and 19 closing their positions.
2.47% less ownership
Funds ownership: 42.26% → 39.78% (-2.5%)
4% less funds holding
Funds holding: 136 → 130 (-6)
20% less capital invested
Capital invested by funds: $297M → $238M (-$59M)
26% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 19
48% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 54
60% less funds holding in top 10
Funds holding in top 10: 5 → 2 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$24.3M |
| 2 |
JCM
Janney Capital Management
Pittsburgh,
Pennsylvania
|
+$8.04M |
| 3 |
Wealth Enhancement Advisory Services
Plymouth,
Minnesota
|
+$4.17M |
| 4 |
JP Morgan Chase
New York
|
+$2.86M |
| 5 |
PCA
Personal Capital Advisors
Redwood City,
California
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WPW
Waldron Private Wealth
Bridgeville,
Pennsylvania
|
-$28.9M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$26.9M |
| 3 |
FA
FDx Advisors
Chicago,
Illinois
|
-$11.3M |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$4.84M |
| 5 |
BBA
BLB&B Advisors
Montgomeryville,
Pennsylvania
|
-$3.75M |
DJP Hedge Fund Activity: Q3 2019 in Review
130 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 (DJP) for Q3 2019, worth a combined $238M — down 20% from $297M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of DJP and 14 opened new positions — a net loss of 5 holders — while 54 trimmed existing stakes and 28 added.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $24.3M. The largest seller was Waldron Private Wealth, cutting an estimated $28.9M.
- 130 institutional investors held iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 (DJP) as of Q3 2019, down from 136 in Q2 2019.
- Funds reported $238M of iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 stock for Q3 2019, down 20% quarter-over-quarter.
- 14 funds opened new iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 positions in Q3 2019 and 19 closed out, a net change of -5 holders.
- The largest iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 buyer in Q3 2019 was Pinnacle Advisory Group, an estimated $24.3M added.
- The largest iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036 seller in Q3 2019 was Waldron Private Wealth, an estimated $28.9M sold.
Based on aggregated 13F filings for Q3 2019.