Vault-13

INVESCO DB COMMDY INDX TRCK DBC

UNIT · ETP · CUSIP 46138B103

234 institutional holders -13 vs Q1 2023
43,636,69743.6m shares reported held*
$991.3mreported value*
23 new 39 added 95 reduced 38 sold out net sold ≈ $86.3m (-3.8m shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once ($222.0k this quarter). Holder counts are more reliable. Implied quarter-end price ≈ $22.72. Options: 8 managers hold calls ($13.3m notional), 6 hold puts ($3.5m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 307Q4 22: 291Q1 23: 247Q2 23: 234234Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022307
Q4 2022291
Q1 2023247
Q2 2023234

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
2000200Q4 22: 109 bought or addedQ4 22: 157 cut or sold outQ4 22Q1 23: 79 bought or addedQ1 23: 163 cut or sold outQ1 23Q2 23: 62 bought or addedQ2 23: 133 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 2022109157
Q1 202379163
Q2 202362133

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20m$40m$60mQ3 22 calls: $44.7mQ3 22 puts: $16.7mQ3 22P/C 0.37Q4 22 calls: $34.1mQ4 22 puts: $9.1mQ4 22P/C 0.27Q1 23 calls: $15.3mQ1 23 puts: $3.8mQ1 23P/C 0.25Q2 23 calls: $13.3mQ2 23 puts: $3.5mQ2 23P/C 0.26
Numbers
QuarterCallsPutsP/C
Q3 2022$44.7m$16.7m0.37
Q4 2022$34.1m$9.1m0.27
Q1 2023$15.3m$3.8m0.25
Q2 2023$13.3m$3.5m0.26

Biggest buyers

HighVista Strategies LLC Added +1,393,740+1.4m
DEUTSCHE BANK AG\ Added +658,731+658.7k
SCS Capital Management LLC Added +263,877+263.9k
Cresset Asset Management, LLC New +219,655+219.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP New +200,621+200.6k
Estate Counselors, LLC Added +163,130+163.1k
Palumbo Wealth Management LLC Added +121,251+121.3k
SageView Advisory Group, LLC New +29,537+29.5k
BAROMETER CAPITAL MANAGEMENT INC. New +27,800+27.8k
UBS Group AG Added +22,098+22.1k

Biggest sellers

BANK OF AMERICA CORP /DE/ Reduced -1,174,838-1.2m
WELLS FARGO & COMPANY/MN Reduced -1,072,660-1.1m
GOLDMAN SACHS GROUP INC Reduced -900,000-900.0k
MORGAN STANLEY Reduced -790,805-790.8k
AMERIPRISE FINANCIAL INC Reduced -686,659-686.7k
Financial Partners Group, Inc Reduced -345,210-345.2k
Cavalier Investments, LLC Sold out -304,050-304.1k
Systelligence, LLC Reduced -264,194-264.2k
Thrivent Financial for Lutherans Sold out -152,073-152.1k
ENVESTNET ASSET MANAGEMENT INC Reduced -146,686-146.7k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $3.9m171.0k shares
GROUP ONE TRADING LLC Added $3.7m161.7k shares
CITADEL ADVISORS LLC Reduced $3.0m131.2k shares
SIMPLEX TRADING, LLC Reduced $1.3m56.8k shares
JANE STREET GROUP, LLC Reduced $989.7k43.6k shares
WOLVERINE TRADING, LLC Reduced $486.2k21.6k shares
Cutler Group LLC / CA Added $9.0k18.0k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $2.4m105.4k shares
CITADEL ADVISORS LLC Reduced $998.8k44.0k shares
SIMPLEX TRADING, LLC Reduced $102.0k4.5k shares
GROUP ONE TRADING LLC Reduced $2.3k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares
Cutler Group LLC / CA Added $0500 shares

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales in Q2 2023

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported in Q2 2023.

Holders, Q2 2023

#ManagerLocationShares Value% of their portfolioChangeShares change
1 MORGAN STANLEY 0.02% of their portfolio NEW YORK, NY 7,207,7087.2m $163.6m $163.6m 0.02% Reduced -790.8k -790,805
2 BANK OF AMERICA CORP /DE/ 0.02% of their portfolio CHARLOTTE, NC 6,381,6846.4m $144.9m $144.9m 0.02% Reduced -1.2m -1,174,838
3 WELLS FARGO & COMPANY/MN 0.04% of their portfolio SAN FRANCISCO, CA 5,433,9615.4m $123.4m $123.4m 0.04% Reduced -1.1m -1,072,660
4 DEUTSCHE BANK AG\ 0.05% of their portfolio FRANKFURT AM MAIN, 2M 4,437,0074.4m $100.7m $100.7m 0.05% Added +658.7k +658,731
5 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 2.33% of their portfolio BETHESDA, MD 1,787,0001.8m $40.6m $40.6m 2.33% Unchanged
6 Russell Investments Group, Ltd. 0.07% of their portfolio Seattle, WA 1,690,9721.7m $38.4m $38.4m 0.07% Reduced -65.2k -65,200
7 HighVista Strategies LLC 14.92% of their portfolio BOSTON, MA 1,436,1361.4m $32.6m $32.6m 14.92% Added +1.4m +1,393,740
8 SCS Capital Management LLC 0.57% of their portfolio BOSTON, MA 1,013,1771.0m $23.0m $23.0m 0.57% Added +263.9k +263,877
9 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.02% of their portfolio MILWAUKEE, WI 685,841685.8k $15.6m $15.6m 0.02% Added +12.0k +11,984
10 Estate Counselors, LLC 1.97% of their portfolio Thiensville, WI 685,165685.2k $15.6m $15.6m 1.97% Added +163.1k +163,130
11 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 679,581679.6k $15.4m $15.4m 0.00% Reduced -686.7k -686,659
12 ENVESTNET ASSET MANAGEMENT INC 0.01% of their portfolio Berwyn, PA 660,822660.8k $15.0m $15.0m 0.01% Reduced -146.7k -146,686
13 Creative Planning 0.02% of their portfolio OVERLAND PARK, KS 605,313605.3k $13.7m $13.7m 0.02% Added +966 +966
14 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 570,396570.4k $12.9m $12.9m 0.01% Reduced -18.1k -18,108
15 UBS Group AG 0.00% of their portfolio ZURICH, V8 506,173506.2k $11.5m $11.5m 0.00% Added +22.1k +22,098
16 Palumbo Wealth Management LLC 6.16% of their portfolio GREAT NECK, NY 443,613443.6k $10.1m $10.1m 6.16% Added +121.3k +121,251
17 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 422,100422.1k $9.6m $9.6m 0.01% Unchanged
18 AUGUSTINE ASSET MANAGEMENT INC 4.05% of their portfolio JACKSONVILLE, FL 386,115386.1k $8.8m $8.8m 4.05% Reduced -1.9k -1,867
19 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 365,435365.4k $8.3m $8.3m 0.00% Added +1.2k +1,246
20 Laird Norton Wetherby Trust Company, LLC 0.95% of their portfolio Seattle, WA 356,082356.1k $8.1m $8.1m 0.95% Reduced -13.0k -12,982
21 Cordant, Inc. 4.81% of their portfolio PORTLAND, OR 326,152326.2k $7.4m $7.4m 4.81% Added +12.0k +12,006
22 Financial Partners Group, Inc 1.43% of their portfolio Overland Park, KS 289,075289.1k $7.1m $7.1m 1.43% Reduced -345.2k -345,210
23 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 266,249266.2k $6.1m $6.1m 0.01% Reduced -69.2k -69,194
24 OLYMPUS WEALTH MANAGEMENT, LLC 2.84% of their portfolio COTTONWOOD HEIGHTS, UT 231,962232.0k $5.3m $5.3m 2.84% Added +3.6k +3,643
25 Cresset Asset Management, LLC 0.04% of their portfolio Chicago, IL 219,655219.7k $5.0m $5.0m 0.04% New
26 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.01% of their portfolio BALA CYNWYD, PA 200,621200.6k $4.6m $4.6m 0.01% New
27 Systelligence, LLC 1.42% of their portfolio BLOOMINGTON, MN 197,320197.3k $4.5m $4.5m 1.42% Reduced -264.2k -264,194
28 Bank of New York Mellon Corp 0.00% of their portfolio NEW YORK, NY 184,417184.4k $4.2m $4.2m 0.00% Reduced -50.0k -49,979
29 LGL PARTNERS, LLC 0.71% of their portfolio PHILADELPHIA, PA 182,661182.7k $4.1m $4.1m 0.71% Unchanged
30 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 180,463180.5k $4.1m $4.1m 0.01% Reduced -20.0k -20,039
31 COMERICA SECURITIES,INC. 0.28% of their portfolio DETROIT, MI 179,426179.4k $4.1m $4.1m 0.28% Added +14.6k +14,620
32 D.A. DAVIDSON & CO. 0.04% of their portfolio GREAT FALLS, MT 172,236172.2k $3.9m $3.9m 0.04% Added +5.1k +5,087
33 Cetera Advisor Networks LLC 0.03% of their portfolio EL SEGUNDO, CA 159,904159.9k $3.6m $3.6m 0.03% Reduced -7.1k -7,078
34 Mariner, LLC 0.01% of their portfolio Overland Park, KS 156,707156.7k $3.6m $3.6m 0.01% Reduced -33.4k -33,395
35 KEYBANK NATIONAL ASSOCIATION/OH 0.02% of their portfolio BROOKLYN, OH 154,954155.0k $3.5m $3.5m 0.02% Added +12.6k +12,649
36 AVANTAX ADVISORY SERVICES, INC. 0.04% of their portfolio DALLAS, TX 149,780149.8k $3.4m $3.4m 0.04% Reduced -3.4k -3,409
37 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 124,508124.5k $2.8m $2.8m 0.01% Reduced -15.5k -15,546
38 Wellspring Financial Advisors, LLC 0.76% of their portfolio CLEVELAND, OH 118,475118.5k $2.7m $2.7m 0.76% Reduced -32.1k -32,074
39 Hilltop Holdings Inc. 0.33% of their portfolio DALLAS, TX 116,011116.0k $2.6m $2.6m 0.33% Reduced -564 -564
40 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 115,987116.0k $2.6m $2.6m 0.01% Reduced -92.1k -92,110
41 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 115,490115.5k $2.6m $2.6m 0.00% Reduced -7.0k -7,001
42 COMMONWEALTH EQUITY SERVICES, LLC 0.01% of their portfolio WALTHAM, MA 113,637113.6k $2.6m $2.6m 0.01% Reduced -11.4k -11,420
43 Global Endowment Management, LP 0.30% of their portfolio CHARLOTTE, NC 113,000113.0k $2.6m $2.6m 0.30% Added +19.0k +19,000
44 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 103,861103.9k $2.4m $2.4m 0.00% Reduced -3.7k -3,748
45 Maltin Wealth Management, Inc. 1.65% of their portfolio RIDGEWOOD, NJ 102,709102.7k $2.3m $2.3m 1.65% Added +1.1k +1,082
46 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 98,35098.3k $2.2m $2.2m 0.01% Reduced -25.5k -25,504
47 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 94,19494.2k $2.1m $2.1m 0.00% Reduced -2.8k -2,843
48 STEPHENS INC /AR/ 0.04% of their portfolio LITTLE ROCK, AR 93,24193.2k $2.1m $2.1m 0.04% Reduced -2.2k -2,227
49 Kestra Advisory Services, LLC 0.02% of their portfolio AUSTIN, TX 89,29889.3k $2.0m $2.0m 0.02% Reduced -10.7k -10,651
50 Anfield Capital Management, LLC 0.85% of their portfolio IRVINE, CA 86,13886.1k $2.0m $2.0m 0.85% Added +8.2k +8,232
51 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.02% of their portfolio CHICAGO, IL 83,47483.5k $1.9m $1.9m 0.02% Reduced -11.1k -11,100
52 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 82,93582.9k $1.9m $1.9m 0.00% Reduced -22.0k -22,041
53 Fifth Third Securities, Inc. 0.20% of their portfolio Cincinnati, OH 82,85582.9k $1.9m $1.9m 0.20% Added +205 +205
54 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 75,78375.8k $1.7m $1.7m 0.00% Reduced -23.5k -23,541
55 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 74,80174.8k $1.7m $1.7m 0.00% Added +11.9k +11,868
56 Bridge Advisory, LLC 0.61% of their portfolio PASADENA, CA 73,75173.8k $1.7m $1.7m 0.61% Added +1.1k +1,122
57 Aureus Asset Management, LLC 0.12% of their portfolio BOSTON, MA 70,90070.9k $1.6m $1.6m 0.12% Unchanged
58 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 66,37066.4k $1.5m $1.5m 0.02% Reduced -988 -988
59 Integrated Wealth Concepts LLC 0.03% of their portfolio WALTHAM, MA 64,70864.7k $1.5m $1.5m 0.03% Reduced -4.9k -4,863
60 Atria Investments, Inc 0.03% of their portfolio Charlotte, NC 64,62664.6k $1.5m $1.5m 0.03% Reduced -53.5k -53,497
61 Kingsview Wealth Management, LLC 0.06% of their portfolio GRANTS PASS, OR 63,67063.7k $1.4m $1.4m 0.06% Reduced -1.1k -1,100
62 PRUDENTIAL FINANCIAL INC 0.00% of their portfolio NEWARK, NJ 63,49263.5k $1.4m $1.4m 0.00% Reduced -9.0k -9,048
63 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 59,18359.2k $1.3m $1.3m 0.00% Reduced -21.4k -21,391
64 McBroom & Associates, LLC 0.91% of their portfolio LAS VEGAS, NV 50,59150.6k $1.1m $1.1m 0.91% Reduced -3.0k -3,014
65 Advisory Services Network, LLC 0.03% of their portfolio ATLANTA, GA 49,27049.3k $1.1m $1.1m 0.03% Reduced -7.5k -7,511
66 Veritable, L.P. 0.02% of their portfolio Newtown Square, PA 46,97747.0k $1.1m $1.1m 0.02% Unchanged
67 Main Street Financial Solutions, LLC 0.14% of their portfolio NEWTOWN, PA 45,00545.0k $1.0m $1.0m 0.14% Reduced -3.5k -3,500
68 Vestmark Advisory Solutions, Inc. 0.04% of their portfolio Wakefield, MA 44,08344.1k $1.0m $1.0m 0.04% Reduced -4.7k -4,672
69 Sigma Planning Corp 0.04% of their portfolio ANN ARBOR, MI 42,96943.0k $975.4k $975.4k 0.04% Reduced -6.1k -6,082
70 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 42,21642.2k $958.3k $958.3k 0.00% Reduced -2.7k -2,748
71 US BANCORP \DE\ 0.00% of their portfolio MINNEAPOLIS, MN 41,83341.8k $949.6k $949.6k 0.00% Reduced -23.7k -23,656
72 CHOREO, LLC 0.03% of their portfolio ROCKFORD, IL 40,10140.1k $910.3k $910.3k 0.03% Reduced -1.8k -1,833
73 NewEdge Advisors, LLC 0.01% of their portfolio NEW ORLEANS, LA 39,15639.2k $888.8k $888.8k 0.01% Reduced -1.6k -1,598
74 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 37,46637.5k $879.5k $879.5k 0.00% Reduced -540 -540
75 OmniStar Financial Group, Inc. 1.00% of their portfolio Wilmington, NC 37,44237.4k $850.0k $850.0k 1.00% Reduced -126 -126
76 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 37,22837.2k $845.1k $845.1k 0.01% Added +15.8k +15,801
77 Jefferies Financial Group Inc. 0.02% of their portfolio NEW YORK, NY 36,51436.5k $828.9k $828.9k 0.02% Reduced -10.8k -10,850
78 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 35,81535.8k $813.0k $813.0k 0.00% Reduced -6.3k -6,295
79 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 34,93434.9k $793.0k $793.0k 0.01% Reduced -5.6k -5,561
80 ORG Partners LLC 0.13% of their portfolio ROANOKE, IN 34,36834.4k $780.1k $780.1k 0.13% Added +1.9k +1,923
81 Qube Research & Technologies Ltd 0.00% of their portfolio LONDON, X0 34,31134.3k $778.9k $778.9k 0.00% Reduced -21.1k -21,137
82 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 34,11434.1k $774.4k $774.4k 0.00% Reduced -21.2k -21,221
83 IFP Advisors, Inc 0.02% of their portfolio TAMPA, FL 33,84433.8k $687.2k $687.2k 0.02% Added +15.4k +15,397
84 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 33,17933.2k $753.2k $753.2k 0.01% Reduced -2.5k -2,541
85 MATRIX PRIVATE CAPITAL GROUP LLC 0.53% of their portfolio NEW YORK, NY 32,07032.1k $728.0k $728.0k 0.53% Added +780 +780
86 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 30,74530.7k $697.9k $697.9k 0.00% Reduced -900.0k -900,000
87 Bienville Capital Management, LLC 0.26% of their portfolio New York, NY 29,93529.9k $679.5k $679.5k 0.26% Reduced -17.0k -17,000
88 SageView Advisory Group, LLC 0.04% of their portfolio Newport Beach, CA 29,53729.5k $670.5k $670.5k 0.04% New
89 BAROMETER CAPITAL MANAGEMENT INC. 0.17% of their portfolio TORONTO, A6 27,80027.8k $631.1k $631.1k 0.17% New
90 Ashton Thomas Private Wealth, LLC 0.05% of their portfolio SCOTTSDALE, AZ 27,65927.7k $627.9k $627.9k 0.05% Unchanged
91 Joel Isaacson & Co., LLC 0.04% of their portfolio NEW YORK, NY 26,37226.4k $598.6k $598.6k 0.04% Unchanged
92 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 26,35026.4k $598.1k $598.1k 0.00% Reduced -1.3k -1,300
93 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 25,78425.8k $592.5k $592.5k 0.01% Added +50 +50
94 FOUNDERS FINANCIAL SECURITIES LLC 0.08% of their portfolio TOWSON, MD 25,40225.4k $576.6k $576.6k 0.08% Reduced -1.1k -1,100
95 PATHSTONE FAMILY OFFICE, LLC 0.01% of their portfolio ENGLEWOOD, NJ 24,89624.9k $565.1k $565.1k 0.01% Added +7.6k +7,635
96 Cyndeo Wealth Partners, LLC 0.06% of their portfolio ST. PETERSBURG, FL 24,46224.5k $555.3k $555.3k 0.06% Unchanged
97 LBMC INVESTMENT ADVISORS, LLC 0.05% of their portfolio BRENTWOOD, TN 23,89323.9k $542.4k $542.4k 0.05% Unchanged
98 AUA CAPITAL MANAGEMENT, LLC 0.36% of their portfolio MECHANICSBURG, PA 22,77322.8k $516.9k $516.9k 0.36% Unchanged
99 First Horizon Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 22,64022.6k $513.9k $513.9k 0.02% Unchanged
100 FLAGSHIP HARBOR ADVISORS, LLC 0.04% of their portfolio BOSTON, MA 22,50322.5k $510.8k $510.8k 0.04% Reduced -4.8k -4,785