Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Db Commdy Indx Trck (DBC)

218 + Investors. Track Smart Money conviction in DBC. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↑ +14
Streak
2Q ▲
Buyers last Q
51%

Smart Money Signals — DBC

Based on 220 hedge funds · latest filing: 2026 Q1 · updated quarterly

📈

Buying streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds added DBC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.
🏔️

At the ownership peak (97% of max)

97% of all-time peak
220 hedge funds hold DBC right now — the highest count in 3.0 years. When ownership is this concentrated, any bad news can trigger a chain reaction: one big fund sells, others follow. This is a classic 'crowded trade' — high popularity doesn't equal safety.
📶

Steady growth — +7% more funds vs a year ago

fund count last 6Q
+14 new funds entered over the past year (+7% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🟡

Slight buying edge — 51% buying

92 buying90 selling
Last quarter: 92 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.
➡️

Steady new buyers — ~39 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 21 → 16 → 36 → 39. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

59% of holders stayed for 2+ years

■ 59% conviction (2yr+) ■ 20% medium ■ 21% new
130 out of 220 hedge funds have held DBC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
💰

Value +27% but shares only +3% — price-driven

Value
+26%
Shares
+3%
Last quarter: the total dollar value of institutional holdings rose +27%, but actual share count only changed +3%. The gap is explained by the stock's price rising — not new buying. Strong value growth with weak share growth means the rally is price momentum, not fresh institutional demand.
🚀

Acceleration phase — new buyers rushing in

29 → 21 → 16 → 36 → 39 new funds/Q
New funds entering each quarter: 21 → 16 → 36 → 39. The pace of institutional discovery is accelerating sharply. This is the 'hot idea' phase — the thesis is being passed from fund to fund. You are not late — the accumulation wave is still building.
🏛️

Veteran-anchored — 64% veterans vs 24% newcomers

■ 64% veterans ■ 12% 1-2yr ■ 24% new
Entry-cohort mix of 227 holders: 146 (64%) are 2+ year veterans, 27 entered 1–2 years ago, and 54 (24%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 62% AUM from top-100 funds

62% from top-100 AUM funds
25 of 220 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in DBC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.5
out of 10
Low Exit Risk
Exit risk score 3.5/10 — low institutional crowding. Ownership is below peak levels, holder base is relatively sticky, and buying momentum is positive.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — DBC

In 2026 Q1, 92 hedge funds were net buyers of DBC (39 opened a new position, 53 added to an existing one), while 90 reduced or exited (65 trimmed, 25 sold completely) — a 51% buyer ratio, indicating a slight buying edge. Net buying has persisted for two consecutive quarters, a positive momentum signal. 62% of total institutional value in DBC is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: +14 funds (more new holders than closures). Total institutional holders: 220.

Hedge Fund Ownership: DBC

How many hedge funds hold DBC — quarterly history vs. share price
Quarterly hedge fund ownership of DBC vs. share price

Market Analysis: DBC

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DBC

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Is It Too Late to Buy Invesco Db Commdy Indx Trck (DBC) Based on Hedge Fund 13F Filings?

Signal Freshness measures how much DBC has moved relative to its sector benchmark (SPY) since the 2026 Q2 13F filing. A stock that has barely outrun its sector is still a relatively fresh entry point — the fund's thesis has not yet been priced in by the broader market.

Since Quarter End June 30, 2026 · 46d ago
DBC
+12.5%
SPY
+4.0%

DBC outperformed SPY by +8.5% since June 30, 2026.

Since 13F Filing Date August 14, 2026 · 1d ago
DBC
+0.0%
SPY
+0.0%

Since the filing became public, DBC outperformed SPY by +0.0% .

Interpretation: The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference. Learn more →

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 3 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
2.6
/ 10
conviction
Hedge Fund Positioning: DBC
2026 Q2 Stats Unlock in 4 days 218 + Investors

Track Smart Money conviction in DBC. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q1) Prior (2025 Q4) Change
Funds Holding 218 205 6.34%
13F Shares 24M 23M 2.85%
Total Value $680M $537M 26.69%
New Positions 38 36 +2
Increased Positions 53 69 -16
Closed Positions 25 18 +7
Reduced Positions 63 54 +9
Total Calls 4 4 -
Total Puts 3 2 50.0%
PUT/CALL Ratio 0.75 0.5 Neutral

Statistics: DBC

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Enterprise Value/EBITDA --
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Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

218 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in DBC. Verified SEC 13F-HR filings.

QUARTER:
2026 Q2 filings are still coming in. Only funds that have filed so far are shown — top holders may not have reported yet. Full 13F data typically settles by ~50 days after quarter-end.
Top 25 DBC holders by conviction (% of portfolio weight) — 2026 Q1 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Mizuho Bank, Ltd. 11.98% 2,100,000 $56.0M
2 HighVista Strategies LLC 6.43% 1,057,238 $28.2M
3 Avos Capital Management, LLC 4.91% 443,021 $11.8M
4 Cordant, Inc. 4.02% 418,903 $11.2M
5 Gladwyn Financial Advisors, Inc. 2.94% 176,058 $4.7M
6 Palumbo Wealth Management LLC 2.66% 475,810 $12.7M
7 Arrow Investment Advisors, LLC 1.20% 46,410 $1.2M
8 Redhawk Wealth Advisors, Inc. 1.05% 401,415 $10.7M
9 Marino Management, LLC 0.86% 155,962 $4.1M
10 Sonoma Private Wealth LLC 0.58% 20,313 $542K
11 BKM Wealth Management, LLC 0.52% 55,042 $1.5M
12 Archvest Wealth Advisors, Inc. 0.30% 19,350 $516K
13 Lockheed Martin Investment Management Co 0.30% 280,000 $7.5M
14 Global Endowment Management, LP 0.29% 107,752 $2.9M
15 Northland Securities, INC. 0.28% 18,153 $484K
16 Opus Financial Solutions LLC 0.28% 13,003 $347K
17 Clientfirst Wealth Management, LLC 0.27% 12,520 $334K
18 Raffa Wealth Management, LLC 0.26% 12,622 $335K
19 Index Technologies Group LLC 0.25% 11,664 $311K
20 Sunpointe, LLC 0.24% 31,914 $851K
21 Runnymede Capital Advisors, Inc. 0.19% 12,202 $325K
22 American State Bank (Iowa) 0.17% 15,280 $407K
23 IFG Advisory, LLC 0.16% 171,160 $4.6M
24 Atlas Legacy Advisors, LLC 0.16% 40,225 $1.1M
25 Basecamp Wealth Advisors LLC 0.16% 31,873 $850K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Invesco Db Commdy Indx Trck (DBC)

What does the Smart Money Trend signal show for DBC?

Buying streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds added DBC than sold it. That's a consistent pattern of professional buying — not a one-time trade. When institutions keep buying quarter after quarter, it usually means they see a multi-year opportunity, not just a short-term momentum flip.

What is the institutional breadth score for DBC?

Slight buying edge — 51% buying: Last quarter: 92 funds bought or added vs 90 that reduced or exited. It's nearly a 50/50 split — some institutions are convinced, others are taking profits. This mixed picture is normal near price highs.

What is the fund quality score for DBC holders?

Elite ownership — 62% AUM from top-100 funds: 25 of 220 holders are among the 100 largest funds by AUM, controlling 62% of total institutional value in DBC. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.

How long have hedge funds held DBC?

59% of holders stayed for 2+ years: 130 out of 220 hedge funds have held DBC for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Is it too late to buy Invesco Db Commdy Indx Trck (DBC) following the 2026 Q2 hedge fund 13F filings?

As of today, DBC has moved +0.0% since the 2026 Q2 13F filing date (August 14, 2026), compared to +0.0% for the SPY sector ETF — an outperformance of +0.0%. Since the quarter end (June 30, 2026), DBC has gained +12.5% vs +4.0% for SPY. The stock is tracking its sector benchmark closely. The signal remains fresh and the entry point is still near the fund's implied reference.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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