US Commodity Index
USCI
75 hedge funds and large institutions have $201M invested in US Commodity Index in 2018 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 25 increasing their positions, 15 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
67% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 15
15% more funds holding
Funds holding: 65 → 75 (+10)
6% more capital invested
Capital invested by funds: $189M → $201M (+$11.9M)
0% more funds holding in top 10
Funds holding in top 10: 4 → 4 (0)
3.64% less ownership
Funds ownership: 33.72% → 30.08% (-3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIM
Cambria Investment Management
Manhattan Beach,
California
|
+$4.54M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.06M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.58M |
| 4 |
G
GenTrust
Miami,
Florida
|
+$1.49M |
| 5 |
BSG
Black Swift Group
Boulder,
Colorado
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
USAA
United Services Automobile Association
San Antonio,
Texas
|
-$5.85M |
| 2 |
ACM
Alpha Capital Management
Austin,
Texas
|
-$1.54M |
| 3 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$1.38M |
| 4 |
Jane Street
New York
|
-$1.34M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$208K | -4,870 | Closed |
|
|
BBHC
77
Brown Brothers Harriman & Co
New York
| – | -$35K | -810 | Closed |
|
|
LYV
78
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$22K | -500 | Closed |
|
|
SIM
79
Sonora Investment Management
Tucson,
Arizona
| – | -$3.21K | -75 | Closed |
|
|
SPIA
80
Steward Partners Investment Advisory
New York
| – | -$2K | -53 | Closed |
|
|
APP
81
Avantax Planning Partners
Dubuque,
Iowa
| – | -$1K | -20 | Closed |
|
|
S
82
SignatureFD
Atlanta,
Georgia
| – | +$440 | +10 | New |
|
USCI Hedge Fund Activity: Q2 2018 in Review
75 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q2 2018, worth a combined $201M — up 6.3% from $189M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new USCI positions and 8 closed out — a net gain of 10 holders — while 25 added to existing stakes and 15 trimmed.
The largest buyer was Cambria Investment Management, opening a new position worth an estimated $4.54M. The largest seller was United Services Automobile Association, cutting an estimated $5.85M.
- 75 institutional investors held US Commodity Index (USCI) as of Q2 2018, up from 65 in Q1 2018.
- Funds reported $201M of US Commodity Index stock for Q2 2018, up 6.3% quarter-over-quarter.
- 18 funds opened new US Commodity Index positions in Q2 2018 and 8 closed out, a net change of +10 holders.
- The largest US Commodity Index buyer in Q2 2018 was Cambria Investment Management, an estimated $4.54M added.
- The largest US Commodity Index seller in Q2 2018 was United Services Automobile Association, an estimated $5.85M sold.
Based on aggregated 13F filings for Q2 2018.