US Commodity Index
USCI
47 hedge funds and large institutions have $331M invested in US Commodity Index in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 10 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 10
15% more capital invested
Capital invested by funds: $287M → $331M (+$43.9M)
12% more funds holding
Funds holding: 42 → 47 (+5)
1.47% more ownership
Funds ownership: 50.3% → 51.77% (+1.5%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$26.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.12M |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$3.75M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.8M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$965K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$3.95M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$2.79M |
| 3 |
Morgan Stanley
New York
|
-$1.18M |
| 4 |
EMA
Efficient Market Advisors
San Diego,
California
|
-$489K |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$232K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TF
51
Trutina Financial
Bellevue,
Washington
| – | -$28K | -478 | Closed |
|
52
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$6K | -110 | Closed |
|
USCI Hedge Fund Activity: Q2 2014 in Review
47 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q2 2014, worth a combined $331M — up 15% from $287M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new USCI positions and 5 closed out — a net gain of 5 holders — while 14 added to existing stakes and 10 trimmed.
The largest buyer was Bank of America, adding an estimated $26.2M. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $3.95M sold.
- 47 institutional investors held US Commodity Index (USCI) as of Q2 2014, up from 42 in Q1 2014.
- Funds reported $331M of US Commodity Index stock for Q2 2014, up 15% quarter-over-quarter.
- 10 funds opened new US Commodity Index positions in Q2 2014 and 5 closed out, a net change of +5 holders.
- The largest US Commodity Index buyer in Q2 2014 was Bank of America, an estimated $26.2M added.
- The largest US Commodity Index seller in Q2 2014 was Bank of New York Mellon, an estimated $3.95M sold.
Based on aggregated 13F filings for Q2 2014.