Vault-13

INVESCO DB MULTI-SECTOR COMM DBA

AGRICULTURE FD · ETP · CUSIP 46140H106

158 institutional holders +1 vs Q1 2023
15,773,97515.8m shares reported held*
$332.5mreported value*
19 new 36 added 57 reduced 22 sold out net sold ≈ $45.7m (-2.2m 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 ≈ $21.08. Options: 11 managers hold calls ($11.9m notional), 8 hold puts ($3.0m).

Trends to Q2 2023

Institutional holders

Managers reporting a position, each quarter

0100200Q3 22: 186Q4 22: 172Q1 23: 157Q2 23: 158158Q3 22Q4 22Q1 23Q2 23
Numbers
QuarterHolders
Q3 2022186
Q4 2022172
Q1 2023157
Q2 2023158

Buyers vs sellers

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

Bought or addedCut or sold out
2000200Q4 22: 71 bought or addedQ4 22: 101 cut or sold outQ4 22Q1 23: 47 bought or addedQ1 23: 99 cut or sold outQ1 23Q2 23: 55 bought or addedQ2 23: 79 cut or sold outQ2 23
Numbers
QuarterBought or addedCut or sold out
Q4 202271101
Q1 20234799
Q2 20235579

Calls vs puts

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

CallsPuts
$0$50m$100m$150m$200mQ3 22 calls: $193.0mQ3 22 puts: $26.4mQ3 22P/C 0.14Q4 22 calls: $150.3mQ4 22 puts: $25.9mQ4 22P/C 0.17Q1 23 calls: $10.1mQ1 23 puts: $3.4mQ1 23P/C 0.34Q2 23 calls: $11.9mQ2 23 puts: $3.0mQ2 23P/C 0.25
Numbers
QuarterCallsPutsP/C
Q3 2022$193.0m$26.4m0.14
Q4 2022$150.3m$25.9m0.17
Q1 2023$10.1m$3.4m0.34
Q2 2023$11.9m$3.0m0.25

Biggest buyers

Nilsine Partners, LLC New +397,851+397.9k
Advisory Services Network, LLC Added +210,464+210.5k
JPMORGAN CHASE & CO Added +155,630+155.6k
Genesee Capital Advisors, LLC New +112,431+112.4k
JANE STREET GROUP, LLC Added +99,014+99.0k
RWA WEALTH PARTNERS, LLC New +86,776+86.8k
Empowered Funds, LLC New +70,256+70.3k
MANUFACTURERS LIFE INSURANCE COMPANY, THE Added +50,933+50.9k
Sigma Planning Corp New +41,925+41.9k
Perigon Wealth Management, LLC New +37,569+37.6k

Biggest sellers

MORGAN STANLEY Reduced -639,558-639.6k
Cavalier Investments, LLC Sold out -551,696-551.7k
Passaic Partners LLC Reduced -287,923-287.9k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced -281,482-281.5k
Invesco Ltd. Reduced -236,901-236.9k
Tidal Investments LLC Reduced -202,456-202.5k
WELLS FARGO & COMPANY/MN Reduced -142,573-142.6k
OVERSEA-CHINESE BANKING Corp Ltd Reduced -129,240-129.2k
UBS Group AG Reduced -105,878-105.9k
LAZARD ASSET MANAGEMENT LLC Reduced -95,176-95.2k

Biggest calls

GROUP ONE TRADING LLC Added $3.5m164.3k shares
CITADEL ADVISORS LLC Added $2.8m135.1k shares
JANE STREET GROUP, LLC Added $2.1m97.8k shares
WOLVERINE TRADING, LLC Added $1.9m89.9k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Reduced $1.6m74.2k shares
Walleye Trading LLC New $82.2k3.9k shares
HAP Trading, LLC Added $23.2k17.5k shares
Cutler Group LLC / CA Added $15.0k21.7k shares
Jefferies Financial Group Inc. New $4.2k200 shares
Parallax Volatility Advisers, L.P. Unchanged $4.2k200 shares

Biggest puts

Jefferies Financial Group Inc. Unchanged $1.1m50.0k shares
GROUP ONE TRADING LLC Reduced $906.0k43.0k shares
CITADEL ADVISORS LLC Reduced $514.1k24.4k shares
JANE STREET GROUP, LLC Added $252.8k12.0k shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP New $223.3k10.6k shares
Walleye Trading LLC Unchanged $56.9k2.7k shares
Cutler Group LLC / CA Added $6.0k31.9k 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 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 0.00% of their portfolio NEW YORK, NY 1,296,2351.3m $27.3m $27.3m 0.00% Reduced -639.6k -639,558
2 WELLS FARGO & COMPANY/MN 0.01% of their portfolio SAN FRANCISCO, CA 999,500999.5k $21.1m $21.1m 0.01% Reduced -142.6k -142,573
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 958,394958.4k $20.2m $20.2m 0.00% Reduced -78.0k -77,980
4 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 875,387875.4k $18.4m $18.4m 0.00% Added +155.6k +155,630
5 Private Wealth Advisors, LLC 7.68% of their portfolio Fresno, CA 865,918865.9k $18.2m $18.2m 7.68% Added +21.7k +21,677
6 Windmill Hill Asset Management Ltd 7.89% of their portfolio WADDESDON, X0 834,900834.9k $17.6m $17.6m 7.89% Unchanged
7 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 728,600728.6k $15.4m $15.4m 0.00% Reduced -236.9k -236,901
8 1832 Asset Management L.P. 0.03% of their portfolio TORONTO, A6 627,925627.9k $13.2m $13.2m 0.03% Unchanged
9 HighTower Advisors, LLC 0.02% of their portfolio CHICAGO, IL 501,685501.7k $10.6m $10.6m 0.02% Added +8.4k +8,355
10 LPL Financial LLC 0.01% of their portfolio FORT MILL, SC 482,863482.9k $10.2m $10.2m 0.01% Added +34.9k +34,924
11 Nilsine Partners, LLC 1.23% of their portfolio GREENWOOD VILLAGE, CO 397,851397.9k $8.4m $8.4m 1.23% New
12 AMERIPRISE FINANCIAL INC 0.00% of their portfolio MINNEAPOLIS, MN 395,544395.5k $8.3m $8.3m 0.00% Reduced -46.4k -46,393
13 Passaic Partners LLC 1.10% of their portfolio NEWARK, NJ 304,460304.5k $6.4m $6.4m 1.10% Reduced -287.9k -287,923
14 JANE STREET GROUP, LLC 0.01% of their portfolio NEW YORK, NY 292,441292.4k $6.2m $6.2m 0.01% Added +99.0k +99,014
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 283,601283.6k $6.0m $6.0m 0.00% Reduced -65.2k -65,179
16 Rockefeller Capital Management L.P. 0.02% of their portfolio NEW YORK, NY 274,617274.6k $5.8m $5.8m 0.02% First filing
17 ENVESTNET ASSET MANAGEMENT INC 0.00% of their portfolio Berwyn, PA 271,569271.6k $5.7m $5.7m 0.00% Added +10.6k +10,644
18 OSAIC HOLDINGS, INC. 0.01% of their portfolio SCOTTSDALE, AZ 256,952257.0k $5.4m $5.4m 0.01% Reduced -88.8k -88,836
19 OVERSEA-CHINESE BANKING Corp Ltd 0.25% of their portfolio SINGAPORE, U0 241,513241.5k $5.1m $5.1m 0.25% Reduced -129.2k -129,240
20 Advisory Services Network, LLC 0.13% of their portfolio ATLANTA, GA 237,901237.9k $5.0m $5.0m 0.13% Added +210.5k +210,464
21 PARTNERS CAPITAL INVESTMENT GROUP, LLP 0.09% of their portfolio BOSTON, MA 203,177203.2k $4.3m $4.3m 0.09% Unchanged
22 Capital Wealth Alliance, LLC 2.29% of their portfolio Scottsdale, AZ 144,751144.8k $3.0m $3.0m 2.29% Reduced -31.7k -31,687
23 GTS SECURITIES LLC 0.09% of their portfolio NEW YORK, NY 141,393141.4k $3.0m $3.0m 0.09% First filing
24 Mid-American Wealth Advisory Group, Inc. 2.28% of their portfolio KANSAS CITY, MO 137,790137.8k $2.9m $2.9m 2.28% First filing
25 Daiwa Securities Group Inc. 0.02% of their portfolio CHIYODA-KU,TOKYO, M0 130,900130.9k $2.8m $2.8m 0.02% Added +6.0k +6,000
26 CITIZENS FINANCIAL GROUP INC/RI 0.10% of their portfolio PROVIDENCE, RI 127,693127.7k $2.7m $2.7m 0.10% Reduced -393 -393
27 MML INVESTORS SERVICES, LLC 0.01% of their portfolio SPRINGFIELD, MA 123,305123.3k $2.6m $2.6m 0.01% Reduced -28.4k -28,429
28 AE Wealth Management LLC 0.02% of their portfolio TOPEKA, KS 122,524122.5k $2.6m $2.6m 0.02% Added +28.7k +28,669
29 INDEPENDENT FINANCIAL GROUP, LLC 0.18% of their portfolio SAN DIEGO, CA 120,631120.6k $2.5m $2.5m 0.18% Added +35 +35
30 UBS Group AG 0.00% of their portfolio ZURICH, V8 115,307115.3k $2.4m $2.4m 0.00% Reduced -105.9k -105,878
31 Genesee Capital Advisors, LLC 1.62% of their portfolio AUBURN, NY 112,431112.4k $2.4m $2.4m 1.62% New
32 LAZARD ASSET MANAGEMENT LLC 0.00% of their portfolio NEW YORK, NY 109,866109.9k $2.3m $2.3m 0.00% Reduced -95.2k -95,176
33 Savior LLC 8.86% of their portfolio WELLESLEY HILLS, MA 103,789103.8k $2.2m $2.2m 8.86% Reduced -17.5k -17,463
34 COMMONWEALTH EQUITY SERVICES, LLC 0.00% of their portfolio WALTHAM, MA 99,85999.9k $2.1m $2.1m 0.00% Reduced -3.4k -3,382
35 Sowa Financial Group, Inc. 1.33% of their portfolio LINCOLN, RI 92,35992.4k $1.9m $1.9m 1.33% Reduced -1.7k -1,669
36 LAKE STREET ADVISORS GROUP, LLC 0.10% of their portfolio PORTSMOUTH, NH 87,15687.2k $1.8m $1.8m 0.10% Unchanged
37 RWA WEALTH PARTNERS, LLC 0.04% of their portfolio BOSTON, MA 86,77686.8k $1.8m $1.8m 0.04% New
38 IHT Wealth Management, LLC 0.09% of their portfolio Chicago, IL 78,89678.9k $1.7m $1.7m 0.09% Reduced -4.1k -4,112
39 Tidal Investments LLC 0.05% of their portfolio Milwaukee, WI 78,69078.7k $1.7m $1.7m 0.05% Reduced -202.5k -202,456
40 Cetera Advisor Networks LLC 0.01% of their portfolio EL SEGUNDO, CA 78,27978.3k $1.6m $1.6m 0.01% Added +269 +269
41 DARK FOREST CAPITAL MANAGEMENT LP 0.17% of their portfolio NEW YORK, NY 76,09476.1k $1.6m $1.6m 0.17% Added +8.9k +8,938
42 Raymond James Financial Services Advisors, Inc. 0.00% of their portfolio ST. PETERSBURG, FL 75,30475.3k $1.6m $1.6m 0.00% Reduced -46.4k -46,376
43 Empowered Funds, LLC 0.05% of their portfolio NEWTOWN SQUARE, PA 70,25670.3k $1.5m $1.5m 0.05% New
44 EA Series Trust 0.05% of their portfolio HAVERTOWN, PA 70,25670.3k $1.5m $1.5m 0.05% First filing
45 Equitable Holdings, Inc. 0.02% of their portfolio NEW YORK, NY 69,94869.9k $1.5m $1.5m 0.02% Reduced -6.7k -6,686
46 Cambridge Investment Research Advisors, Inc. 0.01% of their portfolio FAIRFIELD, IA 65,14065.1k $1.4m $1.4m 0.01% Added +26.2k +26,195
47 MANUFACTURERS LIFE INSURANCE COMPANY, THE 0.00% of their portfolio Toronto, A6 64,67364.7k $1.4m $1.4m 0.00% Added +50.9k +50,933
48 Spire Wealth Management 0.04% of their portfolio MCLEAN, VA 56,27656.3k $1.2m $1.2m 0.04% Unchanged
49 Prospera Financial Services Inc 0.04% of their portfolio Dallas, TX 54,55754.6k $1.1m $1.1m 0.04% Reduced -1.5k -1,451
50 Financial Advocates Investment Management 0.08% of their portfolio OLYMPIA, WA 53,37853.4k $1.1m $1.1m 0.08% Reduced -2.5k -2,528
51 Kestra Advisory Services, LLC 0.01% of their portfolio AUSTIN, TX 53,35253.4k $1.1m $1.1m 0.01% Reduced -2.2k -2,233
52 Parallax Volatility Advisers, L.P. 0.04% of their portfolio San Francisco, CA 51,92151.9k $1.1m $1.1m 0.04% Reduced -100 -100
53 BOS Asset Management, LLC 0.84% of their portfolio SPRINGFIELD, IL 51,62251.6k $1.1m $1.1m 0.84% Added +193 +193
54 OPPENHEIMER & CO INC 0.02% of their portfolio NEW YORK, NY 50,01950.0k $1.1m $1.1m 0.02% Reduced -306 -306
55 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 49,72649.7k $1.0m $1.0m 0.00% Reduced -9.4k -9,398
56 Cetera Advisors LLC 0.02% of their portfolio DENVER, CO 48,92248.9k $1.0m $1.0m 0.02% Added +104 +104
57 B. Riley Wealth Advisors, Inc. 0.02% of their portfolio MEMPHIS, TN 48,08848.1k $1.0m $1.0m 0.02% Reduced -300 -300
58 SCOTIA CAPITAL INC. 0.01% of their portfolio TORONTO, A6 46,86246.9k $987.4k $987.4k 0.01% Reduced -945 -945
59 Westside Investment Management, Inc. 0.25% of their portfolio SANTA MONICA, CA 42,86242.9k $903.1k $903.1k 0.25% Reduced -1.8k -1,750
60 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 42,40042.4k $893.4k $893.4k 0.00% Reduced -21.8k -21,816
61 Sigma Planning Corp 0.03% of their portfolio ANN ARBOR, MI 41,92541.9k $883.4k $883.4k 0.03% New
62 HUB Investment Partners, LLC 0.15% of their portfolio AUSTIN, TX 41,53741.5k $875.2k $875.2k 0.15% Reduced -611 -611
63 Perigon Wealth Management, LLC 0.03% of their portfolio SAN FRANCISCO, CA 37,56937.6k $791.6k $791.6k 0.03% New
64 CITADEL ADVISORS LLC 0.00% of their portfolio MIAMI, FL 37,00137.0k $779.6k $779.6k 0.00% Reduced -50.4k -50,409
65 TRUST CO OF OKLAHOMA 0.28% of their portfolio TULSA, OK 35,65335.7k $751.2k $751.2k 0.28% New
66 DUFF & PHELPS INVESTMENT MANAGEMENT CO 0.01% of their portfolio CHICAGO, IL 32,50032.5k $684.8k $684.8k 0.01% Added +4.5k +4,500
67 Plan Group Financial, LLC 0.57% of their portfolio OKLAHOMA CITY, OK 31,66431.7k $679.0k $679.0k 0.57% First filing
68 AVANTAX ADVISORY SERVICES, INC. 0.01% of their portfolio DALLAS, TX 31,58631.6k $665.5k $665.5k 0.01% Reduced -11.0k -10,974
69 BAROMETER CAPITAL MANAGEMENT INC. 0.17% of their portfolio TORONTO, A6 31,10031.1k $655.3k $655.3k 0.17% Reduced -11.7k -11,700
70 Intellectus Partners, LLC 0.20% of their portfolio SAN FRANCISCO, CA 31,06631.1k $654.6k $654.6k 0.20% Added +2.7k +2,684
71 MGO ONE SEVEN LLC 0.06% of their portfolio Beachwood, OH 30,47230.5k $642.0k $642.0k 0.06% Reduced -999 -999
72 Altus Wealth Group LLC 0.39% of their portfolio COLORADO SPRINGS, CO 30,28530.3k $638.1k $638.1k 0.39% Reduced -5.5k -5,490
73 GROUP ONE TRADING LLC 0.03% of their portfolio CHICAGO, IL 28,47628.5k $600.0k $600.0k 0.03% Added +17.5k +17,471
74 RAYMOND JAMES & ASSOCIATES 0.00% of their portfolio ST PETERSBURG, FL 27,27927.3k $574.8k $574.8k 0.00% Reduced -18.1k -18,132
75 Foundations Investment Advisors, LLC 0.02% of their portfolio PHOENIX, AZ 27,08327.1k $570.6k $570.6k 0.02% New
76 NATIONAL BANK OF CANADA /FI/ 0.00% of their portfolio MONTREAL, A8 25,14225.1k $529.6k $529.6k 0.00% Added +135 +135
77 Atria Wealth Solutions, Inc. 0.01% of their portfolio NEW YORK, NY 24,43524.4k $514.8k $514.8k 0.01% Reduced -5.5k -5,550
78 WCG Wealth Advisors LLC 0.06% of their portfolio LAS VEGAS, NV 24,00024.0k $506.0k $506.0k 0.06% Reduced -400 -400
79 Apollon Wealth Management, LLC 0.02% of their portfolio MOUNT PLEASANT, SC 23,79423.8k $501.3k $501.3k 0.02% Reduced -4.6k -4,564
80 LEAVELL INVESTMENT MANAGEMENT, INC. 0.03% of their portfolio MOBILE, AL 23,01023.0k $485.0k $485.0k 0.03% Added +560 +560
81 FLAGSHIP HARBOR ADVISORS, LLC 0.04% of their portfolio BOSTON, MA 22,94122.9k $483.4k $483.4k 0.04% New
82 WADE G W & INC 0.02% of their portfolio Wellesley, MA 22,93522.9k $483.0k $483.0k 0.02% Reduced -201 -201
83 PNC Financial Services Group, Inc. 0.00% of their portfolio Pittsburgh, PA 21,10421.1k $444.7k $444.7k 0.00% Reduced -100 -100
84 Castleview Partners, LLC 0.39% of their portfolio DALLAS, TX 20,64320.6k $434.9k $434.9k 0.39% Reduced -40.5k -40,506
85 Jefferies Financial Group Inc. 0.01% of their portfolio NEW YORK, NY 20,00020.0k $421.4k $421.4k 0.01% Reduced -525 -525
86 THORNBURG INVESTMENT MANAGEMENT INC 0.01% of their portfolio SANTA FE, NM 19,82219.8k $418.0k $418.0k 0.01% Unchanged
87 PFG Investments, LLC 0.07% of their portfolio WOODBURY, NY 19,65219.7k $414.1k $414.1k 0.07% Reduced -6.8k -6,804
88 Pekin Hardy Strauss, Inc. 0.06% of their portfolio CHICAGO, IL 18,00018.0k $379.3k $379.3k 0.06% New
89 Geneos Wealth Management Inc. 0.02% of their portfolio ENGLEWOOD, CO 17,59817.6k $370.8k $370.8k 0.02% Reduced -50 -50
90 American State Bank (Iowa) 0.26% of their portfolio SIOUX CENTER, IA 17,42017.4k $367.0k $367.0k 0.26% Added +3.5k +3,500
91 Cresset Asset Management, LLC 0.00% of their portfolio Chicago, IL 16,95717.0k $357.3k $357.3k 0.00% New
92 PICTON MAHONEY ASSET MANAGEMENT 0.02% of their portfolio Toronto, A6 16,50016.5k $348.0k $348.0k 0.02% Reduced -78.3k -78,310
93 Sepio Capital, LP 0.03% of their portfolio Salt Lake City, UT 16,08616.1k $338.9k $338.9k 0.03% New
94 Moors & Cabot, Inc. 0.02% of their portfolio BOSTON, MA 16,04516.0k $338.1k $338.1k 0.02% Added +5.6k +5,647
95 INSIGNEO ADVISORY SERVICES, LLC 0.06% of their portfolio MIAMI, FL 16,02016.0k $337.5k $337.5k 0.06% New
96 Weaver Consulting Group 0.15% of their portfolio HUNTINGTON BEACH, CA 15,76215.8k $332.1k $332.1k 0.15% Unchanged
97 Sweet Financial Partners, LLC 0.08% of their portfolio FAIRMONT, MN 15,00015.0k $316.1k $316.1k 0.08% Unchanged
98 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 14,99615.0k $316.0k $316.0k 0.00% Added +2 +2
99 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 12,80012.8k $269.7k $269.7k 0.00% Added +300 +300
100 COMERICA SECURITIES,INC. 0.02% of their portfolio DETROIT, MI 11,55211.6k $243.4k $243.4k 0.02% Unchanged