Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

INVESCO DB MULTI-SECTOR COMM (DBA)

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

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -3
Streak
2Q ▼
Buyers last Q
54%

Smart Money Signals — DBA

Based on 135 hedge funds · latest filing: 2025 Q4 · updated quarterly

📉

Selling streak — 2 quarters in a row

last 6Q
For 2 consecutive quarters, more hedge funds reduced or closed their DBA 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 — 94% of 3.0Y peak

94% of all-time peak
135 funds currently hold this stock — 94% of the 3.0-year high of 144 funds (reached 2024 Q2). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
〰️

Stable — ownership unchanged year-over-year

fund count last 6Q
The number of hedge funds holding DBA is almost the same as a year ago (-4 funds, -3% change). No significant rush to buy or sell — institutional backing is holding steady.
🟡

Slight buying edge — 54% buying

68 buying58 selling
Last quarter: 68 funds bought or added vs 58 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 — ~19 new funds per quarter

new funds entering per quarter
Funds opening this position for the first time: 17 → 23 → 16 → 19. A stable flow of new institutional buyers suggests ongoing interest without signs of either acceleration or slowdown.
🔒

64% of holders stayed for 2+ years

■ 64% conviction (2yr+) ■ 21% medium ■ 15% new
86 out of 135 hedge funds have held DBA 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 — ~19 new funds/quarter

20 → 17 → 23 → 16 → 19 new funds/Q
New funds entering each quarter: 17 → 23 → 16 → 19. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Deep conviction — 70% of holders stayed 2+ years

■ 70% veterans ■ 11% 1-2yr ■ 19% new
Of 135 current holders: 95 (70%) have held for over 2 years without selling. These are not momentum buyers — they have lived through drawdowns and stayed. A large veteran base acts as a stabilizing force during selloffs.
✅

Strong quality — 38% AUM from major funds

38% from top-100 AUM funds
13 of 135 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.
3.1
out of 10
Low Exit Risk
Exit risk score 3.1/10 — 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 — DBA

In 2025 Q4, 68 hedge funds were net buyers of DBA (19 opened a new position, 49 added to an existing one), while 58 reduced or exited (36 trimmed, 22 sold completely) — a 54% buyer ratio, indicating a slight buying edge. Net selling has persisted for two consecutive quarters. 38% of total institutional value in DBA is held by top-100 AUM funds, reflecting strong institutional quality. Net fund flow last quarter: -3 funds (more exits than new entries). Total institutional holders: 135.

Hedge Fund Ownership: DBA

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

Market Analysis: DBA

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: DBA

-- --

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

Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

11 top-rated funds 0 high-conviction
Consensus
4.7
/ 10
breadth
×
Elite
0.9
/ 10
conviction
Hedge Fund Positioning: DBA
2026 Q1 Stats Unlock in 7 days 135 + Investors

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

Metric All 13F Filers (2025 Q4) Prior (2025 Q3) Change
Funds Holding 135 141 -4.26%
13F Shares 8M 9M -8.08%
Total Value $216M $246M -12.32%
New Positions 19 16 +3
Increased Positions 49 41 +8
Closed Positions 22 17 +5
Reduced Positions 38 47 -9
Total Calls 1 2 -50.0%
Total Puts 0 1 -100.0%
PUT/CALL Ratio 0.0 0.5 Bullish

Statistics: DBA

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Valuation Measures Data as of: --

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PEG Ratio (5yr expected) --
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Enterprise Value/EBITDA --
Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q1)

135 + investors

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

Top 25 institutional holders of DBA — 2025 Q4 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 Savior LLC 7.57% 77,644 $2.1M
2 Private Wealth Advisors, LLC 1.05% 136,397 $3.7M
3 South Shore Capital Advisors 0.54% 27,000 $738K
4 CAMELOT TECHNOLOGY ADVISORS, INC. 0.46% 23,438 $640K
5 Lansing Street Advisors 0.41% 59,222 $1.6M
6 Wakefield Asset Management LLLP 0.22% 30,877 $844K
7 COMPASS CAPITAL CORP /MA/ /ADV 0.20% 20,042 $556K
8 Sharp Wealth Advisory, LLC 0.19% 14,450 $395K
9 Intellectus Partners, LLC 0.19% 33,775 $923K
10 NEW YORK LIFE INVESTMENT MANAGEMENT LLC 0.16% 688,702 $18.8M
11 OVERSEA-CHINESE BANKING Corp Ltd 0.16% 214,188 $5.8M
12 Hillcrest Wealth Advisors - NY, LLC 0.13% 11,400 $311K
13 NWAM LLC 0.12% 78,075 $2.1M
14 Bluesphere Advisors LLC 0.12% 12,160 $332K
15 Verity Asset Management, Inc. 0.11% 9,688 $265K
16 Ignite Planners, LLC 0.09% 22,235 $607K
17 Dorsey Wright & Associates 0.08% 23,888 $653K
18 PFG Investments, LLC 0.08% 63,485 $1.7M
19 Pekin Hardy Strauss, Inc. 0.08% 27,655 $756K
20 Clare Market Investments LLC 0.08% 13,428 $367K
21 Game Plan Financial Advisors, LLC 0.07% 6,000 $164K
22 Tyche Wealth Partners LLC 0.06% 14,206 $388K
23 BOS Asset Management, LLC 0.06% 8,489 $232K
24 CITIZENS FINANCIAL GROUP INC/RI 0.05% 143,847 $3.9M
25 Mesirow Financial Investment Management, Inc. 0.05% 108,628 $3.0M
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 (DBA)

What does the Smart Money Trend signal show for DBA?

Selling streak — 2 quarters in a row: For 2 consecutive quarters, more hedge funds reduced or closed their DBA 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 DBA?

Slight buying edge — 54% buying: Last quarter: 68 funds bought or added vs 58 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 DBA holders?

Strong quality — 38% AUM from major funds: 13 of 135 holders rank in the top 100 by AUM, accounting for 38% of total institutional value held. A meaningful share of the ownership value comes from the most well-resourced institutions.

How long have hedge funds held DBA?

64% of holders stayed for 2+ years: 86 out of 135 hedge funds have held DBA 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.