Who Owns Invesco DB Commodity Index Tracking Fund (DBC)?Hedge Fund & Institutional Holders
Institutional Holders
50
as of Q4 2025
Total Institutional Value
$7.100044000270003e+204T
% of Float Held
—
QoQ Change in Holders
+15 / -1
Price History
DBC — Biggest New Institutional Buyers This Quarter
| Fund | Action | Shares Added | Value Added |
|---|---|---|---|
| TD Capital Management LLC | New Position | +960 | +$21.5M |
| ENVESTNET ASSET MANAGEMENT INC | New Position | +463K | +$10.0M |
| Cordant, Inc. | New Position | +443K | +$9.9M |
| LOCKHEED MARTIN INVESTMENT MANAGEMENT CO | New Position | +430K | +$9.6M |
| Sanctuary Advisors, LLC | New Position | +358K | +$8.0M |
| JANE STREET GROUP, LLC | New Position | +332K | +$7.0M |
| Gladwyn Financial Advisors, Inc. | New Position | +201K | +$4.5M |
| Marino Management, LLC | New Position | +156K | +$3.5M |
| IFG Advisory, LLC | New Position | +172K | +$3.0M |
| KEYBANK NATIONAL ASSOCIATION/OH | New Position | +131K | +$2.9M |
| BKM Wealth Management, LLC | New Position | +71K | +$1.6M |
| Ashton Thomas Private Wealth, LLC | New Position | +49K | +$1.1M |
| TRUIST FINANCIAL CORP | New Position | +48K | +$1.1M |
| Bank of New York Mellon Corp | New Position | +115K | +$1.0M |
| COMMONWEALTH EQUITY SERVICES, LLC | New Position | +71K | +$1.0M |
DBC — Institutions Reducing or Closing Positions
| Fund | Action | Shares Sold | Value Sold |
|---|---|---|---|
| BANK OF AMERICA CORP /DE/ | Decreased | -2K | -$92.8B |
| WELLS FARGO & COMPANY/MN | Decreased | -304K | -$85.8B |
| HighVista Strategies LLC | Decreased | -379K | -$32.3B |
| MORGAN STANLEY | Decreased | -15K | -$29.2B |
| DEUTSCHE BANK AG\ | Decreased | -45K | -$23.5B |
| LPL Financial LLC | Decreased | -4K | -$13.1B |
| Lido Advisors, LLC | Decreased | -186 | -$6.8B |
| Cetera Investment Advisers | Decreased | -3K | -$5.6B |
| Quadrature Capital Ltd | Closed Position | -240K | -$5.4B |
| Corient Private Wealth LLC | Decreased | -2K | -$5.3B |
| GOLDMAN SACHS GROUP INC | Decreased | -157K | -$4.3B |
| UBS Group AG | Decreased | -5K | -$3.5B |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | Decreased | -3K | -$3.2B |
| INSIGNEO ADVISORY SERVICES, LLC | Decreased | -368 | -$3.1B |
| Global Endowment Management, LP | Decreased | -36K | -$2.8B |
Top Institutional Holders(Q4 2025)
| # | Fund | Shares | Value | % of Portfolio | Type |
|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP /DE/ | 3,191,094 | $71.0M | 0.01% | Share |
| 2 | WELLS FARGO & COMPANY/MN | 1,992,815 | $44.0M | 0.01% | Share |
| 3 | MORGAN STANLEY | 1,210,799 | $27.0M | 0.00% | Share |
| 4 | NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO | 494,207 | $23.4M | 0.01% | Share |
| 5 | HighVista Strategies LLC | 1,057,238 | $23.0M | 5.93% | Share |
| 6 | TD Capital Management LLC | 960 | $21.5M | 0.00% | Share |
| 7 | WELLS FARGO & COMPANY/MN | 834,863 | $18.0M | 0.00% | Share |
| 8 | BANK OF AMERICA CORP /DE/ | 719,618 | $16.0M | 0.00% | Share |
| 9 | JPMORGAN CHASE & CO | 720,376 | $16.0M | 0.00% | Share |
| 10 | LPL Financial LLC | 579,877 | $12.0M | 0.00% | Share |
| 11 | DEUTSCHE BANK AG\ | 568,519 | $12.0M | 0.00% | Share |
| 12 | Palumbo Wealth Management LLC | 485,566 | $10.9M | 2.68% | Share |
| 13 | ENVESTNET ASSET MANAGEMENT INC | 463,482 | $10.0M | 0.00% | Share |
| 14 | WELLS FARGO & COMPANY/MN | 458,086 | $10.0M | 0.00% | Share |
| 15 | Cordant, Inc. | 442,987 | $9.9M | 4.15% | Share |
| 16 | LOCKHEED MARTIN INVESTMENT MANAGEMENT CO | 430,000 | $9.6M | 0.32% | Share |
| 17 | Avos Capital Management, LLC | 410,393 | $9.2M | 4.01% | Share |
| 18 | VICTORY CAPITAL MANAGEMENT INC | 439,100 | $9.0M | 0.01% | Share |
| 19 | Man Group plc | 438,269 | $9.0M | 0.02% | Share |
| 20 | JANE STREET GROUP, LLC | 331,744 | $7.0M | 0.00% | Share |
| 21 | Lido Advisors, LLC | 303,470 | $6.0M | 0.02% | Share |
| 22 | DEUTSCHE BANK AG\ | 274,048 | $6.0M | 0.00% | Share |
| 23 | Corient Private Wealth LLC | 234,484 | $5.2M | 0.01% | Share |
| 24 | Cetera Investment Advisers | 247,774 | $5.0M | 0.01% | Share |
| 25 | Creative Planning | 224,265 | $5.0M | 0.00% | Share |
| 26 | Gladwyn Financial Advisors, Inc. | 190,195 | $4.3M | 2.99% | Share |
| 27 | Fund Evaluation Group, LLC | 185,314 | $4.1M | 0.14% | Share |
| 28 | M&T BANK CORP | 20,872 | $4.1M | 0.01% | Share |
| 29 | M&T BANK CORP | 20,763 | $4.0M | 0.01% | Share |
| 30 | BANK OF AMERICA CORP /DE/ | 211,358 | $4.0M | 0.00% | Share |
| 31 | WELLS FARGO & COMPANY/MN | 221,717 | $4.0M | 0.00% | Share |
| 32 | Advisory Services Network, LLC | 182,373 | $4.0M | 0.06% | Share |
| 33 | Marino Management, LLC | 155,962 | $3.5M | 0.70% | Share |
| 34 | UBS Group AG | 150,339 | $3.4M | 0.00% | Share |
| 35 | CSS LLC/IL | 140,422 | $3.1M | 0.14% | Share |
| 36 | INSIGNEO ADVISORY SERVICES, LLC | 137,425 | $3.1M | 0.22% | Share |
| 37 | IFG Advisory, LLC | 172,390 | $3.0M | 0.13% | Share |
| 38 | MANUFACTURERS LIFE INSURANCE COMPANY, THE | 138,449 | $3.0M | 0.00% | Share |
| 39 | KEYBANK NATIONAL ASSOCIATION/OH | 131,445 | $2.9M | 0.01% | Share |
| 40 | Cinctive Capital Management LP | 100,000 | $2.2M | 0.12% | Call |
| 41 | Sanctuary Advisors, LLC | 99,157 | $2.2M | 0.01% | Share |
| 42 | M&T BANK CORP | 10,771 | $2.1M | 0.01% | Share |
| 43 | Sanctuary Advisors, LLC | 92,856 | $2.0M | 0.01% | Share |
| 44 | Neuberger Berman Group LLC | 122,209 | $2.0M | 0.00% | Share |
| 45 | Laird Norton Wetherby Trust Company, LLC | 127,667 | $2.0M | 0.04% | Share |
| 46 | Global Endowment Management, LP | 87,862 | $2.0M | 0.25% | Share |
| 47 | Sanctuary Advisors, LLC | 83,100 | $1.9M | 0.01% | Share |
| 48 | Sanctuary Advisors, LLC | 83,100 | $1.9M | 0.01% | Share |
| 49 | BKM Wealth Management, LLC | 70,750 | $1.6M | 0.58% | Share |
| 50 | LOM Asset Management Ltd | 58,700 | $1.3M | 0.38% | Share |
DBC Institutional Ownership History
| Quarter | Holders | Total Value | Change |
|---|---|---|---|
| Q4 2025 | 205 | $511.5M | +76 |
| Q3 2025 | 129 | $428.2B | -41 |
| Q2 2025 | 170 | $384.0B | -36 |
| Q1 2025 | 206 | $547.1B | +27 |
| Q4 2024 | 179 | $24.9T | +28 |
| Q3 2024 | 151 | $421.7T | -6 |
| Q2 2024 | 157 | $505.8T | -1 |
| Q1 2024 | 158 | $420.3T | — |
Similar Stocks by Institutional Ownership
As of Q4 2025, 50 institutional investors hold DBC (Invesco DB Commodity Index Tracking Fund). The largest holder is BANK OF AMERICA CORP /DE/ with $71.0M in shares. This quarter, 15 institutions opened new positions and 1 closed their positions.
Frequently Asked Questions
How many hedge funds own DBC?
As of Q4 2025, 50 institutional investors report holding DBC (Invesco DB Commodity Index Tracking Fund) in their 13F filings.
Who is the largest institutional holder of DBC?
The largest institutional holder of DBC is BANK OF AMERICA CORP /DE/ with $71.0M in shares.
Is institutional ownership of DBC increasing or decreasing?
This quarter, 15 institutions opened new positions in DBC and 1 closed their positions.