Vault-13

INVESCO DB COMMDY INDX TRCK DBC

UNIT · ETP · CUSIP 46138B103

211 institutional holders -4 vs Q4 2024
24,903,82924.9m shares reported held*
$560.6mreported value*
26 new 46 added 62 reduced 32 sold out net sold ≈ $2.7m (-120.1k 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. Holder counts are more reliable. Implied quarter-end price ≈ $22.51. Options: 7 managers hold calls ($1.8m notional), 5 hold puts ($1.3m).

Trends to Q1 2025

Institutional holders

Managers reporting a position, each quarter

0200400Q3 22: 307Q4 22: 291Q1 23: 247Q2 23: 234Q3 23: 242Q4 23: 240Q1 24: 221Q2 24: 220Q3 24: 203Q4 24: 215Q1 25: 211211Q3 22Q1 23Q3 23Q1 24Q3 24Q1 25
Numbers
QuarterHolders
Q3 2022307
Q4 2022291
Q1 2023247
Q2 2023234
Q3 2023242
Q4 2023240
Q1 2024221
Q2 2024220
Q3 2024203
Q4 2024215
Q1 2025211

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q2 23: 62 bought or addedQ2 23: 133 cut or sold outQ3 23: 80 bought or addedQ3 23: 108 cut or sold outQ3 23Q4 23: 82 bought or addedQ4 23: 129 cut or sold outQ1 24: 73 bought or addedQ1 24: 117 cut or sold outQ1 24Q2 24: 67 bought or addedQ2 24: 110 cut or sold outQ3 24: 59 bought or addedQ3 24: 103 cut or sold outQ3 24Q4 24: 87 bought or addedQ4 24: 82 cut or sold outQ1 25: 72 bought or addedQ1 25: 94 cut or sold outQ1 25
Numbers
QuarterBought or addedCut or sold out
Q2 202362133
Q3 202380108
Q4 202382129
Q1 202473117
Q2 202467110
Q3 202459103
Q4 20248782
Q1 20257294

Calls vs puts

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

CallsPuts
$0$5m$10m$15mQ2 24 calls: $10.9mQ2 24 puts: $2.0mQ2 24P/C 0.18Q3 24 calls: $9.4mQ3 24 puts: $3.5mQ3 24P/C 0.38Q4 24 calls: $2.1mQ4 24 puts: $1.7mQ4 24P/C 0.84Q1 25 calls: $1.8mQ1 25 puts: $1.3mQ1 25P/C 0.73
Numbers
QuarterCallsPutsP/C
Q2 2024$10.9m$2.0m0.18
Q3 2024$9.4m$3.5m0.38
Q4 2024$2.1m$1.7m0.84
Q1 2025$1.8m$1.3m0.73

Biggest buyers

Man Group plc New +748,363+748.4k
AMERIPRISE FINANCIAL INC Added +730,343+730.3k
JPMORGAN CHASE & CO Added +323,174+323.2k
Avos Capital Management, LLC New +254,044+254.0k
GOLDMAN SACHS GROUP INC Added +244,174+244.2k
Quadrature Capital Ltd New +184,477+184.5k
ROYAL BANK OF CANADA Added +56,886+56.9k
CENTAURUS FINANCIAL, INC. New +49,861+49.9k
Atria Wealth Solutions, Inc. Added +41,875+41.9k
MORGAN STANLEY Added +33,542+33.5k

Biggest sellers

DEUTSCHE BANK AG\ Reduced -1,250,475-1.3m
MACKENZIE FINANCIAL CORP Reduced -171,090-171.1k
OSAIC HOLDINGS, INC. Reduced -164,283-164.3k
JANE STREET GROUP, LLC Sold out -157,015-157.0k
WEXFORD CAPITAL LP Sold out -144,447-144.4k
Lake Hills Wealth Management, LLC Sold out -141,586-141.6k
Maltin Wealth Management, Inc. Reduced -110,836-110.8k
OLYMPUS WEALTH MANAGEMENT, LLC Reduced -106,697-106.7k
MML INVESTORS SERVICES, LLC Reduced -99,405-99.4k
Bank of New York Mellon Corp Reduced -73,188-73.2k

Biggest calls

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $787.5k35.0k shares
IMC-Chicago, LLC New $479.2k21.3k shares
CSS LLC/IL New $225.0k10.0k shares
CITADEL ADVISORS LLC Reduced $128.2k5.7k shares
SIMPLEX TRADING, LLC Reduced $92.0k4.1k shares
GROUP ONE TRADING LLC Reduced $49.5k2.2k shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 shares

Biggest puts

SUSQUEHANNA INTERNATIONAL GROUP, LLP Added $1.2m52.0k shares
CITADEL ADVISORS LLC Reduced $114.8k5.1k shares
SIMPLEX TRADING, LLC Reduced $6.0k300 shares
GROUP ONE TRADING LLC Reduced $2.2k100 shares
CONCOURSE FINANCIAL GROUP SECURITIES, INC. Unchanged $00 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 Q1 2025

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 Q1 2025.

Holders, Q1 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 BANK OF AMERICA CORP /DE/ 0.01% of their portfolio CHARLOTTE, NC 4,156,3614.2m $93.5m $93.5m 0.01% Reduced -59.1k -59,079
2 WELLS FARGO & COMPANY/MN 0.02% of their portfolio SAN FRANCISCO, CA 4,043,4274.0m $91.0m $91.0m 0.02% Reduced -31.6k -31,650
3 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 1,592,2521.6m $35.8m $35.8m 0.00% Added +33.5k +33,542
4 HighVista Strategies LLC 12.45% of their portfolio BOSTON, MA 1,436,1361.4m $32.3m $32.3m 12.45% Unchanged
5 DEUTSCHE BANK AG\ 0.01% of their portfolio FRANKFURT AM MAIN, 2M 964,780964.8k $21.7m $21.7m 0.01% Reduced -1.3m -1,250,475
6 AMERIPRISE FINANCIAL INC 0.01% of their portfolio MINNEAPOLIS, MN 932,400932.4k $21.0m $21.0m 0.01% Added +730.3k +730,343
7 LOCKHEED MARTIN INVESTMENT MANAGEMENT CO 0.76% of their portfolio BETHESDA, MD 833,300833.3k $18.7m $18.7m 0.76% Unchanged
8 Man Group plc 0.05% of their portfolio LONDON, X0 748,363748.4k $16.8m $16.8m 0.05% New
9 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 635,312635.3k $14.3m $14.3m 0.00% Reduced -51.1k -51,074
10 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 609,445609.4k $13.7m $13.7m 0.00% Added +323.2k +323,174
11 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 549,632549.6k $12.4m $12.4m 0.00% Reduced -19.6k -19,602
12 Creative Planning 0.01% of their portfolio OVERLAND PARK, KS 545,295545.3k $12.3m $12.3m 0.01% Reduced -710 -710
13 Palumbo Wealth Management LLC 3.64% of their portfolio GREAT NECK, NY 483,691483.7k $10.9m $10.9m 3.64% Reduced -5.1k -5,116
14 VICTORY CAPITAL MANAGEMENT INC 0.01% of their portfolio San Antonio, TX 439,100439.1k $9.9m $9.9m 0.01% Unchanged
15 GOLDMAN SACHS GROUP INC 0.00% of their portfolio NEW YORK, NY 436,068436.1k $9.8m $9.8m 0.00% Added +244.2k +244,174
16 Cordant, Inc. 4.90% of their portfolio PORTLAND, OR 417,989418.0k $9.4m $9.4m 4.90% Reduced -11.7k -11,692
17 NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO 0.01% of their portfolio MILWAUKEE, WI 324,119324.1k $7.3m $7.3m 0.01% Added +3.6k +3,565
18 Avos Capital Management, LLC 3.77% of their portfolio SEATTLE, WA 254,044254.0k $5.7m $5.7m 3.77% New
19 Fund Evaluation Group, LLC 0.24% of their portfolio CINCINNATI, OH 250,691250.7k $5.6m $5.6m 0.24% Reduced -33.8k -33,760
20 UBS Group AG 0.00% of their portfolio ZURICH, V8 243,355243.4k $5.5m $5.5m 0.00% Added +1.1k +1,084
21 Global Endowment Management, LP 0.58% of their portfolio CHARLOTTE, NC 196,736196.7k $4.4m $4.4m 0.58% Reduced -64.4k -64,363
22 Cetera Investment Advisers 0.01% of their portfolio SCHAUMBURG, IL 188,179188.2k $4.2m $4.2m 0.01% Reduced -2.9k -2,909
23 Quadrature Capital Ltd 0.09% of their portfolio LONDON, X0 184,477184.5k $4.2m $4.2m 0.09% New
24 OLYMPUS WEALTH MANAGEMENT, LLC 1.64% of their portfolio COTTONWOOD HEIGHTS, UT 166,177166.2k $3.7m $3.7m 1.64% Reduced -106.7k -106,697
25 KEYBANK NATIONAL ASSOCIATION/OH 0.01% of their portfolio BROOKLYN, OH 142,274142.3k $3.2m $3.2m 0.01% Added +27.5k +27,520
26 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 140,725140.7k $3.2m $3.2m 0.00% Added +56.9k +56,886
27 INSIGNEO ADVISORY SERVICES, LLC 0.32% of their portfolio MIAMI, FL 138,019138.0k $3.1m $3.1m 0.32% Added +3.2k +3,240
28 CSS LLC/IL 0.20% of their portfolio CHICAGO, IL 124,612124.6k $2.8m $2.8m 0.20% Added +18.3k +18,290
29 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 111,443111.4k $2.5m $2.5m 0.00% Added +23.2k +23,239
30 NEUBERGER BERMAN GROUP LLC 0.00% of their portfolio NEW YORK, NY 106,541106.5k $2.4m $2.4m 0.00% Reduced -6.7k -6,718
31 Hilltop Holdings Inc. 0.15% of their portfolio DALLAS, TX 102,223102.2k $2.3m $2.3m 0.15% Added +5 +5
32 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 99,51899.5k $2.2m $2.2m 0.00% First filing
33 MACKENZIE FINANCIAL CORP 0.00% of their portfolio TORONTO ONTARIO, A6 93,06093.1k $2.1m $2.1m 0.00% Reduced -171.1k -171,090
34 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 89,68089.7k $2.0m $2.0m 0.01% Reduced -6.6k -6,625
35 Sanctuary Advisors, LLC 0.01% of their portfolio INDIANAPOLIS, IN 83,10083.1k $1.9m $1.9m 0.01% Reduced -3.2k -3,233
36 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 81,03581.0k $1.8m $1.8m 0.00% Reduced -13.5k -13,483
37 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 79,58879.6k $1.8m $1.8m 0.00% Added +6.7k +6,694
38 Atria Wealth Solutions, Inc. 0.02% of their portfolio NEW YORK, NY 73,20973.2k $1.6m $1.6m 0.02% Added +41.9k +41,875
39 HRT FINANCIAL LP 0.01% of their portfolio NEW YORK, NY 72,48272.5k $1.6m $1.6m 0.01% Reduced -21.8k -21,829
40 Aureus Asset Management, LLC 0.11% of their portfolio BOSTON, MA 70,90070.9k $1.6m $1.6m 0.11% Unchanged
41 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 67,23967.2k $1.5m $1.5m 0.00% Added +11.7k +11,659
42 BANK OF MONTREAL /CAN/ 0.00% of their portfolio TORONTO, A6 66,70766.7k $1.5m $1.5m 0.00% Reduced -5.8k -5,795
43 BKM Wealth Management, LLC 0.61% of their portfolio BROOKFIELD, WI 65,47065.5k $1.5m $1.5m 0.61% Added +1.8k +1,803
44 Integrated Wealth Concepts LLC 0.02% of their portfolio WALTHAM, MA 62,61062.6k $1.4m $1.4m 0.02% Added +216 +216
45 Main Street Financial Solutions, LLC 0.11% of their portfolio NEWTOWN, PA 58,10758.1k $1.3m $1.3m 0.11% Added +150 +150
46 Atria Investments, Inc 0.02% of their portfolio Charlotte, NC 57,22957.2k $1.3m $1.3m 0.02% Reduced -220 -220
47 World Investment Advisors 0.03% of their portfolio LINCROFT, NJ 56,51256.5k $1.3m $1.3m 0.03% Added +3.7k +3,731
48 Pathstone Holdings, LLC 0.01% of their portfolio ENGLEWOOD, NJ 54,32954.3k $1.2m $1.2m 0.01% Added +8.7k +8,661
49 TRUIST FINANCIAL CORP 0.00% of their portfolio CHARLOTTE, NC 51,11851.1k $1.2m $1.2m 0.00% Reduced -197 -197
50 CENTAURUS FINANCIAL, INC. 0.07% of their portfolio ANAHEIM, CA 49,86149.9k $1.1m $1.1m 0.07% New
51 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 48,18848.2k $1.1m $1.1m 0.00% Added +6.0k +5,952
52 CHOREO, LLC 0.02% of their portfolio ROCKFORD, IL 47,50847.5k $1.1m $1.1m 0.02% Reduced -2.5k -2,531
53 Mariner, LLC 0.00% of their portfolio Overland Park, KS 45,99646.0k $1.0m $1.0m 0.00% Reduced -14.3k -14,258
54 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 43,07643.1k $969.5k $969.5k 0.00% Reduced -164.3k -164,283
55 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 42,46942.5k $955.6k $955.6k 0.01% Added +6.4k +6,400
56 FIDUCIARY FINANCIAL GROUP, LLC 0.19% of their portfolio SAN RAFAEL, CA 42,21842.2k $871.0k $871.0k 0.19% Unchanged
57 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 41,39141.4k $931.3k $931.3k 0.03% Reduced -596 -596
58 MML INVESTORS SERVICES, LLC 0.00% of their portfolio SPRINGFIELD, MA 40,14740.1k $903.0k $903.0k 0.00% Reduced -99.4k -99,405
59 HighTower Advisors, LLC 0.00% of their portfolio CHICAGO, IL 36,79636.8k $827.9k $827.9k 0.00% Reduced -5.6k -5,584
60 Kestra Advisory Services, LLC 0.00% of their portfolio AUSTIN, TX 34,66734.7k $780.0k $780.0k 0.00% Reduced -8.8k -8,801
61 Ashton Thomas Private Wealth, LLC 0.03% of their portfolio SCOTTSDALE, AZ 34,29334.3k $771.6k $771.6k 0.03% Added +7.6k +7,572
62 M&T Bank Corp 0.00% of their portfolio BUFFALO, NY 34,23334.2k $770.2k $770.2k 0.00% Reduced -3.6k -3,566
63 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.01% of their portfolio CHICAGO, IL 33,37433.4k $750.9k $750.9k 0.01% Reduced -9.0k -9,000
64 Steward Partners Investment Advisory, LLC 0.01% of their portfolio STAMFORD, CT 32,35632.4k $728.0k $728.0k 0.01% Added +2.4k +2,383
65 Maia Wealth LLC 0.15% of their portfolio DENVER, CO 30,85530.9k $646.1k $646.1k 0.15% Reduced -1.8k -1,764
66 CERTUITY, LLC 0.07% of their portfolio NORTH PALM BEACH, FL 30,27030.3k $681.1k $681.1k 0.07% Reduced -2.6k -2,627
67 IEQ CAPITAL, LLC 0.01% of their portfolio Foster City, CA 29,63529.6k $666.8k $666.8k 0.01% Unchanged
68 Quantum Portfolio Management LLC 0.33% of their portfolio NEW YORK, NY 29,29429.3k $659.1k $659.1k 0.33% Unchanged
69 National Philanthropic Trust 0.01% of their portfolio Jenkintown, PA 28,91228.9k $650.5k $650.5k 0.01% Unchanged
70 Kingsview Wealth Management, LLC 0.01% of their portfolio GRANTS PASS, OR 28,11628.1k $632.6k $632.6k 0.01% Added +6.2k +6,175
71 CreativeOne Wealth, LLC 0.02% of their portfolio OVERLAND PARK, KS 28,01228.0k $630.3k $630.3k 0.02% New
72 Savant Capital, LLC 0.01% of their portfolio ROCKFORD, IL 27,23927.2k $612.9k $612.9k 0.01% Added +2.2k +2,173
73 NewEdge Advisors, LLC 0.00% of their portfolio NEW ORLEANS, LA 25,11825.1k $565.2k $565.2k 0.00% Added +1.0k +1,039
74 BLAIR WILLIAM & CO/IL 0.00% of their portfolio CHICAGO, IL 25,07825.1k $564.2k $564.2k 0.00% Reduced -30 -30
75 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 24,81924.8k $558.4k $558.4k 0.00% Added +26 +26
76 Cyndeo Wealth Partners, LLC 0.04% of their portfolio ST. PETERSBURG, FL 24,46224.5k $550.4k $550.4k 0.04% Unchanged
77 Intellectus Partners, LLC 0.13% of their portfolio SAN FRANCISCO, CA 23,45023.4k $527.6k $527.6k 0.13% Unchanged
78 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 23,14623.1k $520.8k $520.8k 0.00% Unchanged
79 BARCLAYS PLC 0.00% of their portfolio LONDON, X0 22,96323.0k $516.7k $516.7k 0.00% Unchanged
80 Orion Porfolio Solutions, LLC 0.00% of their portfolio OMAHA, NE 22,63922.6k $509.4k $509.4k 0.00% New
81 Orion Portfolio Solutions, LLC 0.00% of their portfolio Omaha, NE 22,63922.6k $509.4k $509.4k 0.00% New
82 American State Bank (Iowa) 0.30% of their portfolio SIOUX CENTER, IA 22,33022.3k $502.4k $502.4k 0.30% Reduced -800 -800
83 Bienville Capital Management, LLC 0.12% of their portfolio New York, NY 21,91121.9k $493.0k $493.0k 0.12% Unchanged
84 Wealthcare Advisory Partners LLC 0.01% of their portfolio WEST CHESTER, PA 21,42421.4k $482.0k $482.0k 0.01% Added +940 +940
85 Arkadios Wealth Advisors 0.02% of their portfolio ATLANTA, GA 21,37821.4k $481.0k $481.0k 0.02% Added +975 +975
86 Atlas Legacy Advisors, LLC 0.12% of their portfolio LOS ANGELES, CA 21,32021.3k $473.9k $473.9k 0.12% Unchanged
87 PFG Investments, LLC 0.03% of their portfolio WOODBURY, NY 21,18721.2k $476.7k $476.7k 0.03% New
88 Sonoma Private Wealth LLC 0.65% of their portfolio San Francisco, CA 20,96321.0k $471.7k $471.7k 0.65% Reduced -259 -259
89 Laird Norton Wetherby Trust Company, LLC 0.07% of their portfolio Seattle, WA 20,71420.7k $466.1k $466.1k 0.07% Unchanged
90 Rockefeller Capital Management L.P. 0.00% of their portfolio NEW YORK, NY 20,49120.5k $461.1k $461.1k 0.00% Reduced -94 -94
91 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 20,28820.3k $456.5k $456.5k 0.00% Reduced -856 -856
92 TORONTO DOMINION BANK 0.00% of their portfolio TORONTO, ONTARIO, A6 20,00020.0k $450.0k $450.0k 0.00% Reduced -939 -939
93 FIRST MANHATTAN CO. LLC. 0.00% of their portfolio NEW YORK, NY 19,20019.2k $432.0k $432.0k 0.00% Unchanged
94 Redhawk Wealth Advisors, Inc. 0.06% of their portfolio MINNEAPOLIS, MN 18,49318.5k $416.1k $416.1k 0.06% Unchanged
95 Brookstone Capital Management 0.01% of their portfolio WHEATON, IL 18,45818.5k $415.3k $415.3k 0.01% Reduced -2.5k -2,531
96 Knollwood Investment Advisory, LLC 0.05% of their portfolio HUNT VALLEY, MD 18,42518.4k $414.6k $414.6k 0.05% Added +140 +140
97 Weaver Consulting Group 0.12% of their portfolio HUNTINGTON BEACH, CA 18,23618.2k $410.3k $410.3k 0.12% Added +55 +55
98 &PARTNERS 0.00% of their portfolio NASHVILLE, TN 18,18318.2k $403.5k $403.5k 0.00% Reduced -1.1k -1,055
99 Callan Family Office, LLC 0.03% of their portfolio RADNOR, PA 18,00018.0k $405.0k $405.0k 0.03% Unchanged
100 Cannell & Spears LLC 0.01% of their portfolio NEW YORK, NY 17,85917.9k $401.8k $401.8k 0.01% Reduced -1.9k -1,928