US Commodity Index
USCI
43 hedge funds and large institutions have $245M invested in US Commodity Index in 2015 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 14 increasing their positions, 14 reducing their positions, and 17 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 14
10.14% less ownership
Funds ownership: 57.93% → 47.79% (-10%)
19% less funds holding
Funds holding: 53 → 43 (-10)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
44% less capital invested
Capital invested by funds: $436M → $245M (-$191M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$7.54M |
| 2 |
JP Morgan Chase
New York
|
+$2.59M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.91M |
| 4 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$1.37M |
| 5 |
Morgan Stanley
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$159M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.8M |
| 3 |
Jane Street
New York
|
-$5.07M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.75M |
| 5 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$2.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
51
Cetera Advisors
Denver,
Colorado
| – | -$210K | -4,343 | Closed |
|
|
NPC
52
National Planning Corporation
El Segundo,
California
| – | -$147K | -3,048 | Closed |
|
|
BKBG
53
BHF Kleinwort Benson Group
Brussels,
Belgium
| – | -$65K | -1,350 | Closed |
|
54
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$57K | -1,183 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$10K | -207 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$5K | -106 | Closed |
|
|
PAI
57
Pittenger & Anderson Inc
Lincoin,
Nebraska
| – | -$2K | -50 | Closed |
|
|
SSB
58
Sandy Spring Bank
Olney,
Maryland
| – | -$1K | -20 | Closed |
|
USCI Hedge Fund Activity: Q1 2015 in Review
43 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q1 2015, worth a combined $245M — down 44% from $436M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of USCI and 8 opened new positions — a net loss of 9 holders — while 14 trimmed existing stakes and 14 added.
The largest buyer was United Services Automobile Association, opening a new position worth an estimated $7.54M. The largest seller was Charles Schwab Investment Advisory, exiting entirely with an estimated $159M sold.
- 43 institutional investors held US Commodity Index (USCI) as of Q1 2015, down from 53 in Q4 2014.
- Funds reported $245M of US Commodity Index stock for Q1 2015, down 44% quarter-over-quarter.
- 8 funds opened new US Commodity Index positions in Q1 2015 and 17 closed out, a net change of -9 holders.
- The largest US Commodity Index buyer in Q1 2015 was United Services Automobile Association, an estimated $7.54M added.
- The largest US Commodity Index seller in Q1 2015 was Charles Schwab Investment Advisory, an estimated $159M sold.
Based on aggregated 13F filings for Q1 2015.