Who owns Invesco DB Commodity Index Tracking Fund (DBC)
Which tracked institutional funds hold DBC, how they are positioned, and who is buying versus exiting — from SEC Form 13F-HR filings. See DBC company fundamentals →
Ownership as of the 2026-Q2 13F filings (latest filed 2026-09-02). 13F is disclosed up to 45 days after quarter-end, so the most recent quarter fills in over the following weeks.
How the tape is positioned
28 tracked funds added or opened DBC while 50 trimmed or exited it between 2026-Q1 and 2026-Q2 — the tape is split. When large holders disagree on a name, the funds moving first are sometimes ahead of the story.
A prompt to read the filings, not a verdict. 13F is a quarter-end snapshot disclosed up to 45 days late; a fund adds or exits for mandate, benchmark, and timing reasons that have nothing to do with a view on the stock. This is a starting question, not a signal to trade.
Conviction spread
DBC’s largest tracked holder by dollar value, BANK OF AMERICA CORP /DE/, sizes it at 0.0% of its own reported 13F book, while the median holder sizes it at 0.0% of theirs — a 0.0pp gap the other way — the median holder sizes DBC more heavily than its largest holder by dollar value does.
Book-share is each fund’s reported value in DBC divided by its whole reported 13F book, so it is comparable across funds of different sizes and is unaffected by stock splits. A higher share means a fund has committed more of its book to the name — a starting question about conviction, not a verdict or a signal to trade.
Institutional & insider positioning
Between 2026-Q1 and 2026-Q2, across 212 tracked filers holding DBC, 76 increased or opened the position and 100 reduced or closed it; over the same quarter, there were no open-market insider Form 4s.
This fuses two public signals for the same quarter — how tracked institutions changed their positions and whether insiders bought or sold in the open market. It describes what was filed; it is a starting question, not a verdict or a signal to trade.
New buyers & exits
Funds opening or closing a position in DBC between the 2026-Q1 and 2026-Q2 13F filings, and the largest changes among funds holding it in both. New buyers and exits are counted on fund presence (split-invariant); adds and trims are measured on reported value.
New buyers 12
- Mizuho Bank, Ltd.$56M
- Jump Financial, LLC$7M
- IFG Advisory, LLC$5M
- Caprock Group, LLC$2M
- CITIZENS FINANCIAL GROUP INC/RI$2M
- CIBC Bancorp USA Inc.$2M
Full exits 12
- Corient Private Wealth LLC$7M
- FLOW TRADERS U.S. LLC$3M
- Cambridge Investment Research Advisors, Inc.$2M
- LOM Asset Management Ltd$2M
- Point72 Asset Management, L.P.$2M
- Militia Capital Management LLC$2M
Largest adds
- LPL Financial LLC$20M
- Cerity Partners LLC$11M
- MANUFACTURERS LIFE INSURANCE COMPANY, THE$10M
- Redhawk Wealth Advisors, Inc.$8M
- JPMORGAN CHASE & CO$7M
- SUSQUEHANNA INTERNATIONAL GROUP, LLP$5M
Largest trims
- BANK OF AMERICA CORP /DE/$18M
- WELLS FARGO & COMPANY/MN$17M
- GOLDMAN SACHS GROUP INC$15M
- JANE STREET GROUP, LLC$11M
- AMERIPRISE FINANCIAL INC$5M
- ENVESTNET ASSET MANAGEMENT INC$5M
Institutional holders
One row per tracked fund, most shares held first (every row is from one quarter; reported value breaks ties). “% of value” is the fund’s share of this security’s tracked institutional value — not of shares outstanding.
| Fund | Shares | Reported value | % of value | Quarter |
|---|---|---|---|---|
| BANK OF AMERICA CORP /DE/ trimmed | 3,559,100 | $95M | 14.4% | 2026-Q2 |
| WELLS FARGO & COMPANY/MN trimmed | 3,058,998 | $82M | 12.4% | 2026-Q2 |
| Mizuho Bank, Ltd. new | 2,100,000 | $56M | 8.5% | 2026-Q2 |
| MORGAN STANLEY added | 1,646,655 | $44M | 6.7% | 2026-Q2 |
| LPL Financial LLC added | 1,422,071 | $38M | 5.7% | 2026-Q2 |
| HighVista Strategies LLC | 1,057,238 | $28M | 4.3% | 2026-Q2 |
| DEUTSCHE BANK AG\ trimmed | 799,267 | $21M | 3.2% | 2026-Q2 |
| Palumbo Wealth Management LLC trimmed | 475,810 | $13M | 1.9% | 2026-Q2 |
| Man Group plc trimmed | 469,044 | $13M | 1.9% | 2026-Q2 |
| Avos Capital Management, LLC trimmed | 443,021 | $12M | 1.8% | 2026-Q2 |
| VICTORY CAPITAL MANAGEMENT INC | 439,100 | $12M | 1.8% | 2026-Q2 |
| Cerity Partners LLC added | 428,210 | $11M | 1.7% | 2026-Q2 |
| Cordant, Inc. trimmed | 418,903 | $11M | 1.7% | 2026-Q2 |
| JPMORGAN CHASE & CO added | 402,139 | $11M | 1.6% | 2026-Q2 |
| Redhawk Wealth Advisors, Inc. added | 401,415 | $11M | 1.6% | 2026-Q2 |
| ENVESTNET ASSET MANAGEMENT INC trimmed | 398,524 | $11M | 1.6% | 2026-Q2 |
| CITADEL ADVISORS LLC added | 315,201 | $8M | 1.3% | 2026-Q2 |
| LOCKHEED MARTIN INVESTMENT MANAGEMENT CO trimmed | 280,000 | $7M | 1.1% | 2026-Q2 |
| Cetera Investment Advisers added | 252,265 | $7M | 1.0% | 2026-Q2 |
| Jump Financial, LLC new | 250,000 | $7M | 1.0% | 2026-Q2 |
| SUSQUEHANNA INTERNATIONAL GROUP, LLP added | 228,494 | $6M | 0.9% | 2026-Q2 |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE added | 212,833 | $14M | 2.1% | 2026-Q2 |
| Fund Evaluation Group, LLC | 185,314 | $5M | 0.7% | 2026-Q2 |
| JANE STREET GROUP, LLC trimmed | 182,169 | $5M | 0.7% | 2026-Q2 |
| Creative Planning trimmed | 180,481 | $5M | 0.7% | 2026-Q2 |
| Gladwyn Financial Advisors, Inc. added | 176,058 | $5M | 0.7% | 2026-Q2 |
| SONA ASSET MANAGEMENT (US) LLC | 175,000 | $5M | 0.7% | 2026-Q2 |
| IFG Advisory, LLC trimmed | 171,160 | $5M | 0.7% | 2026-Q2 |
| Marino Management, LLC | 155,962 | $4M | 0.6% | 2026-Q2 |
| ROYAL BANK OF CANADA trimmed | 141,493 | $4M | 0.6% | 2026-Q2 |
| RAYMOND JAMES FINANCIAL INC added | 132,744 | $4M | 0.5% | 2026-Q2 |
| Lido Advisors, LLC trimmed | 131,990 | $4M | 0.5% | 2026-Q2 |
| DUFF & PHELPS INVESTMENT MANAGEMENT CO added | 131,669 | $4M | 0.5% | 2026-Q2 |
| UBS Group AG trimmed | 130,536 | $3M | 0.5% | 2026-Q2 |
| CSS LLC/IL added | 112,412 | $3M | 0.5% | 2026-Q2 |
| OSAIC HOLDINGS, INC. added | 108,736 | $3M | 0.4% | 2026-Q2 |
| Laird Norton Wetherby Trust Company, LLC trimmed | 108,651 | $3M | 0.4% | 2026-Q2 |
| Global Endowment Management, LP added | 107,752 | $3M | 0.4% | 2026-Q2 |
| AMERIPRISE FINANCIAL INC trimmed | 107,475 | $3M | 0.4% | 2026-Q2 |
| KEYBANK NATIONAL ASSOCIATION/OH trimmed | 107,210 | $3M | 0.4% | 2026-Q2 |
| NEUBERGER BERMAN GROUP LLC trimmed | 103,901 | $3M | 0.4% | 2026-Q2 |
| INSIGNEO ADVISORY SERVICES, LLC trimmed | 97,392 | $3M | 0.4% | 2026-Q2 |
| Integrated Wealth Concepts LLC added | 96,017 | $3M | 0.4% | 2026-Q2 |
| COMMONWEALTH EQUITY SERVICES, LLC trimmed | 90,683 | $2M | 0.4% | 2026-Q2 |
| Caprock Group, LLC new | 90,133 | $2M | 0.4% | 2026-Q2 |
| Steward Partners Investment Advisory, LLC added | 89,384 | $2M | 0.4% | 2026-Q2 |
| NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO trimmed | 85,662 | $2M | 0.3% | 2026-Q2 |
| BANK OF MONTREAL /CAN/ added | 83,526 | $2M | 0.3% | 2026-Q2 |
| CITIZENS FINANCIAL GROUP INC/RI new | 80,607 | $2M | 0.3% | 2026-Q2 |
| Pathstone Holdings, LLC added | 70,377 | $2M | 0.3% | 2026-Q2 |
| CIBC Bancorp USA Inc. new | 69,747 | $2M | 0.3% | 2026-Q2 |
| STIFEL FINANCIAL CORP added | 69,742 | $2M | 0.3% | 2026-Q2 |
| Hilltop Holdings Inc. trimmed | 69,259 | $2M | 0.3% | 2026-Q2 |
| BNP PARIBAS FINANCIAL MARKETS added | 68,189 | $2M | 0.3% | 2026-Q2 |
| TORONTO DOMINION BANK added | 67,094 | $2M | 0.3% | 2026-Q2 |
| TWO SIGMA SECURITIES, LLC added | 63,238 | $2M | 0.3% | 2026-Q2 |
| MACKENZIE FINANCIAL CORP added | 61,950 | $2M | 0.3% | 2026-Q2 |
| CIBC WORLD MARKET INC. new | 61,849 | $2M | 0.2% | 2026-Q2 |
| Kestra Advisory Services, LLC added | 57,580 | $2M | 0.2% | 2026-Q2 |
| World Investment Advisors trimmed | 55,804 | $2M | 0.2% | 2026-Q2 |
| BKM Wealth Management, LLC trimmed | 55,042 | $1M | 0.2% | 2026-Q2 |
| Ashton Thomas Private Wealth, LLC trimmed | 51,242 | $1M | 0.2% | 2026-Q2 |
| &PARTNERS added | 49,229 | $1M | 0.2% | 2026-Q2 |
| Arrow Investment Advisors, LLC trimmed | 46,410 | $1M | 0.2% | 2026-Q2 |
| Sigma Planning Corp trimmed | 41,290 | $1M | 0.2% | 2026-Q2 |
| MML INVESTORS SERVICES, LLC added | 41,151 | $1M | 0.2% | 2026-Q2 |
| IPG Investment Advisors LLC trimmed | 41,005 | $1M | 0.2% | 2026-Q2 |
| Atlas Legacy Advisors, LLC trimmed | 40,225 | $1M | 0.2% | 2026-Q2 |
| FIDUCIARY FINANCIAL GROUP, LLC trimmed | 38,136 | $1M | 0.2% | 2026-Q2 |
| NewEdge Wealth, LLC | 37,790 | $1M | 0.2% | 2026-Q2 |
| Rockefeller Capital Management L.P. | 36,852 | $982K | 0.1% | 2026-Q2 |
| J.Safra Asset Management Corp added | 35,958 | $959K | 0.1% | 2026-Q2 |
| OPPENHEIMER & CO INC added | 34,834 | $929K | 0.1% | 2026-Q2 |
| Bank of New York Mellon Corp trimmed | 34,110 | $909K | 0.1% | 2026-Q2 |
| Kingsview Wealth Management, LLC added | 33,860 | $903K | 0.1% | 2026-Q2 |
| Main Street Financial Solutions, LLC trimmed | 33,755 | $900K | 0.1% | 2026-Q2 |
| Bleakley Financial Group, LLC | 33,553 | $895K | 0.1% | 2026-Q2 |
| Sunpointe, LLC new | 31,914 | $851K | 0.1% | 2026-Q2 |
| Basecamp Wealth Advisors LLC | 31,873 | $850K | 0.1% | 2026-Q2 |
| Arax Advisory Partners trimmed | 31,596 | $842K | 0.1% | 2026-Q2 |
| Wealthcare Advisory Partners LLC trimmed | 31,514 | $840K | 0.1% | 2026-Q2 |
| Mariner, LLC trimmed | 31,480 | $839K | 0.1% | 2026-Q2 |
| NewEdge Advisors, LLC added | 31,333 | $835K | 0.1% | 2026-Q2 |
| IEQ CAPITAL, LLC | 30,610 | $816K | 0.1% | 2026-Q2 |
| FIRST HORIZON CORP added | 29,833 | $795K | 0.1% | 2026-Q2 |
| TRUIST FINANCIAL CORP trimmed | 29,797 | $794K | 0.1% | 2026-Q2 |
| MATHER GROUP, LLC. trimmed | 29,510 | $787K | 0.1% | 2026-Q2 |
| CHOREO, LLC trimmed | 27,954 | $745K | 0.1% | 2026-Q2 |
| GOLDMAN SACHS GROUP INC trimmed | 24,607 | $656K | 0.1% | 2026-Q2 |
| Private Advisor Group, LLC added | 24,519 | $654K | 0.1% | 2026-Q2 |
| National Philanthropic Trust trimmed | 23,616 | $630K | 0.1% | 2026-Q2 |
| Cresset Asset Management, LLC | 22,965 | $612K | 0.1% | 2026-Q2 |
| M&T Bank Corp trimmed | 22,786 | $607K | 0.1% | 2026-Q2 |
| Quadrature Capital Ltd trimmed | 22,736 | $606K | 0.1% | 2026-Q2 |
| Prime Capital Investment Advisors, LLC | 21,480 | $573K | 0.1% | 2026-Q2 |
| BLAIR WILLIAM & CO/IL | 20,962 | $559K | 0.1% | 2026-Q2 |
| Savant Capital, LLC trimmed | 20,611 | $550K | 0.1% | 2026-Q2 |
| Cardinal Point Capital Management ULC | 20,450 | $545K | 0.1% | 2026-Q2 |
| Sonoma Private Wealth LLC | 20,313 | $542K | 0.1% | 2026-Q2 |
| Perigon Wealth Management, LLC added | 19,874 | $530K | 0.1% | 2026-Q2 |
Ownership over time
Tracked institutional holder count and total shares held by filing quarter (independent scales). The curated-era tail and any mid-ingest latest quarter are handled honestly — a partial quarter is not drawn as a collapse.
Reading this table
Funds hold the same stock for different reasons — an index fund “holds” almost everything, an active manager sizes a name to a mandate and a benchmark, and each fund entered at its own price and time. Because 13F is filed up to 45 days after quarter-end, every row is a backward-looking snapshot; a manager may have traded since. Share-class siblings (a company’s A and C shares) are rolled up to one line so a dual-class name is never double-counted. Compare like-for-like. A large holder is not an endorsement, and a fund exiting is not a warning — this is a starting question, not a verdict.
About 13F filings
A Form 13F is a quarterly disclosure that institutional investment managers with over $100 million in US-listed equities must file with the SEC. In plain English: it is a snapshot of the long stock positions a fund held at the end of a quarter. It covers long US-listed equities only — not short positions, options, cash, or private holdings — and the funds shown are the large sample we track, not the complete 13F universe.