US Commodity Index
USCI
36 hedge funds and large institutions have $270M invested in US Commodity Index in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 10 closing their positions.
3.74% more ownership
Funds ownership: 49.68% → 53.42% (+3.7%)
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
1% less capital invested
Capital invested by funds: $271M → $270M (-$1.53M)
10% less funds holding
Funds holding: 40 → 36 (-4)
40% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$12M |
| 2 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$8.65M |
| 3 |
Bank of New York Mellon
New York
|
+$3.84M |
| 4 |
BWM
Baystate Wealth Management
Boston,
Massachusetts
|
+$1.18M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GT
Glenmede Trust
Philadelphia,
Pennsylvania
|
-$9.45M |
| 2 |
Jane Street
New York
|
-$7.73M |
| 3 |
VF
Virtu Financial
New York
|
-$3.29M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.05M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.11M |
USCI Hedge Fund Activity: Q4 2013 in Review
36 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in US Commodity Index (USCI) for Q4 2013, worth a combined $270M — down 0.56% from $271M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of USCI and 6 opened new positions — a net loss of 4 holders — while 12 trimmed existing stakes and 13 added.
The largest buyer was Bank of America, adding an estimated $12M. The largest seller was Glenmede Trust, cutting an estimated $9.45M.
- 36 institutional investors held US Commodity Index (USCI) as of Q4 2013, down from 40 in Q3 2013.
- Funds reported $270M of US Commodity Index stock for Q4 2013, down 0.56% quarter-over-quarter.
- 6 funds opened new US Commodity Index positions in Q4 2013 and 10 closed out, a net change of -4 holders.
- The largest US Commodity Index buyer in Q4 2013 was Bank of America, an estimated $12M added.
- The largest US Commodity Index seller in Q4 2013 was Glenmede Trust, an estimated $9.45M sold.
Based on aggregated 13F filings for Q4 2013.