Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Db Multi-Sector Comm (DBO)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -8
Streak
1Q ▼
Buyers last Q
26%

Smart Money Signals — DBO

Based on 54 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their DBO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 73% of 3.0Y peak

73% of all-time peak
54 funds currently hold this stock — 73% of the 3.0-year high of 74 funds (reached 2023 Q4). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +8% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+8% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 26% buying

16 buying45 selling
Last quarter: 45 funds sold vs only 16 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-11 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 10 → 11 → 20 → 9. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

63% of holders stayed for 2+ years

■ 63% conviction (2yr+) ■ 17% medium ■ 20% new
34 out of 54 hedge funds have held DBO 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.
➡️

Steady discovery — ~9 new funds/quarter

8 → 10 → 11 → 20 → 9 new funds/Q
New funds entering each quarter: 10 → 11 → 20 → 9. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 70% veterans vs 22% newcomers

■ 70% veterans ■ 8% 1-2yr ■ 22% new
Entry-cohort mix of 60 holders: 42 (70%) are 2+ year veterans, 5 entered 1–2 years ago, and 13 (22%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
🏆

Elite ownership — 51% AUM from top-100 funds

51% from top-100 AUM funds
13 of 54 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in DBO. When the biggest players dominate the cap table, it signifies deep institutional support — since mega-funds deploy the most rigorous due diligence and capital.
3.6
out of 10
Low Exit Risk
Exit risk score 3.6/10 — 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 — DBO

In 2026 Q2, 16 hedge funds were net buyers of DBO (9 opened a new position, 7 added to an existing one), while 45 reduced or exited (28 trimmed, 17 sold completely) — a 26% buyer ratio, indicating net institutional distribution. 51% of total institutional value in DBO is held by top-100 AUM funds, reflecting elite-tier ownership quality. Net fund flow last quarter: -8 funds (more exits than new entries). Total institutional holders: 54.

Hedge Fund Ownership: DBO

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

Market Analysis: DBO

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DBO

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

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

1 top-rated funds 0 high-conviction
Consensus
1.3
/ 10
breadth
×
Elite
0.2
/ 10
conviction
Hedge Fund Positioning: DBO
54 + Investors

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

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 54 62 -12.9%
13F Shares 5M 6M -22.31%
Total Value $80M $114M -30.2%
New Positions 9 20 -11
Increased Positions 4 19 -15
Closed Positions 17 11 +6
Reduced Positions 27 13 +14
Total Calls 3 4 -25.0%
Total Puts 3 3 -
PUT/CALL Ratio 1.0 0.75 Neutral

Statistics: DBO

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Financial Highlights

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Institutional Holders (2026 Q2)

54 + investors

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

QUARTER:
Top 25 DBO holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Narus Financial Partners, LLC 0.60% 131,344 $2.3M
2 E Fund Management Co., Ltd. 0.39% 979,736 $17.3M
3 Rik Saylor Financial, INC. 0.14% 12,378 $218K
4 Forty-three Eighteen Advisors, LLC 0.13% 11,270 $199K
5 Cadence Wealth Management LLC 0.09% 10,943 $193K
6 BankPlus Wealth Management LLC 0.08% 10,525 $186K
7 Quadrature Capital Ltd 0.04% 241,007 $4.3M
8 Allegheny Financial Group 0.03% 15,970 $282K
9 Private Wealth Asset Management, LLC 0.03% 16,385 $289K
10 Prudential plc 0.02% 248,610 $4.4M
11 Two Sigma Securities, LLC 0.02% 15,276 $270K
12 B. Riley Wealth Advisors, Inc. 0.01% 13,800 $245K
13 Asset Planning,Inc 0.01% 1,000 $18K
14 StoneX Group Inc. 0.01% 11,747 $230K
15 Cornerstone Wealth Management, LLC 0.01% 10,000 $176K
16 Ashton Thomas Private Wealth, LLC 0.01% 14,621 $258K
17 Davis Capital Management 0.00% 450 $8K
18 Wells Fargo & Company/Mn 0.00% 1,627,302 $28.7M
19 Asset Management One Co., Ltd. 0.00% 64,500 $1.1M
20 Moneta Group Investment Advisors LLC 0.00% 14,847 $262K
21 Kestra Advisory Services, LLC 0.00% 20,455 $361K
22 Osaic Holdings, INC. 0.00% 55,548 $980K
23 Envestnet Asset Management Inc 0.00% 192,896 $3.4M
24 Cetera Investment Advisers 0.00% 48,814 $862K
25 International Assets Investment Management, LLC 0.00% 700 $12K
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 Multi-Sector Comm (DBO)

What does the Smart Money Trend signal show for DBO?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their DBO positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for DBO?

Heavy selling pressure — only 26% buying: Last quarter: 45 funds sold vs only 16 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for DBO holders?

Elite ownership — 51% AUM from top-100 funds: 13 of 54 holders are among the 100 largest funds by AUM, controlling 51% of total institutional value in DBO. 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 DBO?

63% of holders stayed for 2+ years: 34 out of 54 hedge funds have held DBO 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.

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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