US Commodity Index
USCI
47 hedge funds and large institutions have $227M invested in US Commodity Index in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 13 reducing their positions, and 11 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
2.02% less ownership
Funds ownership: 46.3% → 44.28% (-2%)
2% less funds holding
Funds holding: 48 → 47 (-1)
6% less capital invested
Capital invested by funds: $241M → $227M (-$14.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$4.93M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$3.27M |
| 3 |
GAG
GM Advisory Group
Melville,
New York
|
+$2.55M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$1.7M |
| 5 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$669K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$12.2M |
| 2 |
Jane Street
New York
|
-$3.17M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.02M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.71M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$1.52M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
51
Virtu Financial
New York
| – | -$292K | -7,214 | Closed |
|
|
CWM
52
Concert Wealth Management
San Jose,
California
| – | -$280K | -6,822 | Closed |
|
|
OMC
53
Old Mission Capital
Chicago,
Illinois
| – | -$256K | -6,332 | Closed |
|
|
SIM
54
Strategic Investment Management
Arlington,
Virginia
| – | -$30K | -760 | Closed |
|
55
First Manhattan
New York
| – | -$2K | -60 | Closed |
|
56
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$159 | +4 | New |
|
USCI Hedge Fund Activity: Q1 2016 in Review
47 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q1 2016, worth a combined $227M — down 5.9% from $241M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of USCI and 10 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 14 added.
The largest buyer was Wells Fargo, adding an estimated $4.93M. The largest seller was United Services Automobile Association, cutting an estimated $12.2M.
- 47 institutional investors held US Commodity Index (USCI) as of Q1 2016, down from 48 in Q4 2015.
- Funds reported $227M of US Commodity Index stock for Q1 2016, down 5.9% quarter-over-quarter.
- 10 funds opened new US Commodity Index positions in Q1 2016 and 11 closed out, a net change of -1 holder.
- The largest US Commodity Index buyer in Q1 2016 was Wells Fargo, an estimated $4.93M added.
- The largest US Commodity Index seller in Q1 2016 was United Services Automobile Association, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2016.