Mar 31, 2026 filings. Quarterly 13F reports arrive up to 45 days after quarter end; this register is filed through May 29, 2026.
217 institutional managers reported holding DBC for the quarter ended Mar 31, 2026. Together they hold about 39% of shares outstanding; the top 10 hold 23%. 33 opened new positions; 15 closed out. Complete ranked register from SEC 13F filings.
| manager | shares | % out | value (Mar 31, 2026 close) | change | held since |
|---|---|---|---|---|---|
| Bank OF America CORP /DE/ | 3.90M | 6.68% | $113.0M | trimmed -5.3% | ≤2013 |
| Wells Fargo & COMPANY/MN | 3.42M | 5.84% | $98.9M | trimmed -2.6% | ≤2013 |
| Morgan Stanley | 1.58M | 2.71% | $45.8M | added +23.3% | ≤2013 |
| HighVista Strategies LLC | 1.06M | 1.81% | $30.6M | unchanged | 2018 Q4 |
| Deutsche Bank AG\ | 803.7k | 1.38% | $23.3M | trimmed -19.5% | 2018 Q4 |
| LPL Financial LLC | 632.7k | 1.08% | $18.3M | added +9.1% | ≤2013 |
| Man Group | 552.9k | 0.95% | $16.0M | added +26.2% | 2025 Q1 |
| Envestnet Asset Management INC | 541.1k | 0.93% | $15.7M | added +16.7% | ≤2013 |
| Jane Street | 538.9k | 0.92% | $15.6M | added +62.4% | 2025 Q4 |
| Goldman Sachs | 534.7k | 0.92% | $15.5M | added +1445.6% | ≤2013 |
| Palumbo Wealth Management LLC | 485.5k | 0.83% | $14.1M | unchanged | 2021 Q4 |
| Avos Capital Management, LLC (focused) | 445.2k | 0.76% | $12.9M | added +8.5% | 2025 Q1 |
| Cordant, INC. | 442.9k | 0.76% | $12.8M | unchanged | 2019 Q4 |
| Victory Capital Management INC | 439.1k | 0.75% | $12.7M | unchanged | 2019 Q3 |
| Lockheed Martin Investment Management CO | 330.0k | 0.56% | $9.6M | trimmed -23.3% | ≤2013 |
| Ameriprise Financial INC | 285.2k | 0.49% | $8.3M | added +200.1% | ≤2013 |
| Cetera Investment Advisers | 251.0k | 0.43% | $7.3M | added +1.3% | 2018 Q1 |
| Citadel Advisors | 244.2k | 0.42% | $7.1M | added +348.3% | 2018 Q2 |
| Corient Private Wealth LLC | 236.2k | 0.40% | $6.8M | added +0.7% | 2025 Q3 |
| Creative Planning | 233.7k | 0.40% | $6.8M | added +4.2% | ≤2013 |
| Fund Evaluation Group, LLC | 185.3k | 0.32% | $5.4M | unchanged | 2024 Q3 |
| Sona Asset Management (US) LLC | 175.0k | 0.30% | $5.1M | opened | 2026 Q1 |
| Gladwyn Financial Advisors, INC. | 165.8k | 0.28% | $4.8M | trimmed -17.7% | 2025 Q2 |
| Marino Management, LLC (focused) | 156.0k | 0.27% | $4.5M | unchanged | 2025 Q4 |
| Royal Bank OF Canada | 146.9k | 0.25% | $4.3M | added +76.7% | ≤2013 |
| Manufacturers Life Insurance Company, THE | 143.4k | 0.24% | $4.2M | added +3.6% | 2020 Q1 |
| UBS | 140.1k | 0.24% | $4.1M | trimmed -6.8% | ≤2013 |
| Lido Advisors, LLC | 137.8k | 0.24% | $4.0M | trimmed -54.6% | 2024 Q1 |
| Laird Norton Wetherby Trust Company, LLC | 129.1k | 0.22% | $3.7M | unchanged | 2020 Q4 |
| Neuberger Berman Group LLC | 122.2k | 0.21% | $3.5M | unchanged | 2020 Q1 |
| Keybank National ASSOCIATION/OH | 108.2k | 0.18% | $3.1M | trimmed -17.7% | ≤2013 |
| Flow Traders | 106.5k | 0.18% | $3.1M | added +80.9% | 2025 Q4 |
| CSS LLC/IL | 106.4k | 0.18% | $3.1M | trimmed -24.2% | 2022 Q3 |
| Commonwealth Equity Services, LLC | 97.9k | 0.17% | $2.8M | added +37.4% | ≤2013 |
| Insigneo Advisory Services, LLC | 97.9k | 0.17% | $2.8M | trimmed -28.7% | 2024 Q2 |
| Northwestern Mutual Wealth Management CO | 93.7k | 0.16% | $2.7M | trimmed -81% | 2018 Q4 |
| Global Endowment Management, LP | 92.5k | 0.16% | $2.7M | added +5.3% | 2021 Q4 |
| Redhawk Wealth Advisors, INC. | 85.5k | 0.15% | $2.5M | added +347.5% | 2021 Q2 |
| Raymond James Financial INC | 80.8k | 0.14% | $2.3M | added +10.2% | ≤2013 |
| Bank OF Montreal /CAN/ | 75.1k | 0.13% | $2.2M | added +20.8% | ≤2013 |
| Hilltop Holdings INC. | 74.5k | 0.13% | $2.2M | unchanged | 2019 Q1 |
| BKM Wealth Management, LLC | 69.7k | 0.12% | $2.0M | trimmed -1.5% | 2023 Q4 |
| Stifel Financial CORP | 68.3k | 0.12% | $2.0M | added +5.9% | 2020 Q2 |
| Pathstone Holdings, LLC | 67.2k | 0.12% | $1.9M | added +37.5% | 2022 Q3 |
| Quadrature Capital LTD | 65.9k | 0.11% | $1.9M | opened | 2025 Q1 |
| Integrated Wealth Concepts LLC | 65.3k | 0.11% | $1.9M | opened | 2022 Q2 |
| Mackenzie Financial CORP | 59.8k | 0.10% | $1.7M | trimmed -20.4% | 2023 Q3 |
| Cambridge Investment Research Advisors, INC. | 59.3k | 0.10% | $1.7M | trimmed -2% | ≤2013 |
| Duff & Phelps Investment Management CO | 58.9k | 0.10% | $1.7M | added +41.3% | 2020 Q1 |
| Ashton Thomas Private Wealth, LLC | 58.8k | 0.10% | $1.7M | added +20.8% | 2021 Q3 |
Largest 50 of 217 shown; the full ranked, searchable register is at boothcheck.com/holders/DBC. Related filers are grouped using the filings' own included-manager declarations. Historically, several managers opening new positions in the same quarter said almost nothing about the quarter that followed (59,118 cases since 2013). A filed record, not a forecast. Nothing here is investment advice.