US Commodity Index
USCI
50 hedge funds and large institutions have $202M invested in US Commodity Index in 2017 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
0% more funds holding
Funds holding: 50 → 50 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6.29% less ownership
Funds ownership: 43.77% → 37.47% (-6.3%)
28% less capital invested
Capital invested by funds: $281M → $202M (-$79.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SE
Summit Equities
Parsippany,
New Jersey
|
+$14.4M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$5.03M |
| 3 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
+$3.74M |
| 4 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
+$3.42M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$755K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$71.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.5M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$11M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.71M |
| 5 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$3.6M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Bank of New York Mellon
New York
| – | -$483K | -12,065 | Closed |
|
|
PFS
52
Prospera Financial Services
Dallas,
Texas
| – | -$456K | -11,327 | Closed |
|
|
EF
53
Empirical Finance
Havertown,
Pennsylvania
| – | -$185K | -4,601 | Closed |
|
|
AA
54
Ancora Advisors
Cleveland,
Ohio
| – | -$88K | -2,187 | Closed |
|
|
WA
55
WFG Advisors
Dallas,
Texas
| – | -$8K | -200 | Closed |
|
|
TFA
56
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$2K | -26 | Closed |
|
USCI Hedge Fund Activity: Q1 2017 in Review
50 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q1 2017, worth a combined $202M — down 28% from $281M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new USCI positions and 7 closed out — a net gain of 1 holder — while 17 added to existing stakes and 15 trimmed.
The largest buyer was Summit Equities, opening a new position worth an estimated $14.4M. The largest seller was Wells Fargo, cutting an estimated $71.3M.
- 50 institutional investors held US Commodity Index (USCI) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $202M of US Commodity Index stock for Q1 2017, down 28% quarter-over-quarter.
- 8 funds opened new US Commodity Index positions in Q1 2017 and 7 closed out, a net change of +1 holder.
- The largest US Commodity Index buyer in Q1 2017 was Summit Equities, an estimated $14.4M added.
- The largest US Commodity Index seller in Q1 2017 was Wells Fargo, an estimated $71.3M sold.
Based on aggregated 13F filings for Q1 2017.