Invesco Actively Managed Exch-Traded Commodity Fund Invesco Optimum Yield Diversified Commodity Strategy No K-1

PDBC • NASDAQ

Invesco Actively Managed Exch-Traded Commodity Fund Invesco Optimum Yield Diversified Commodity Strategy No K-1 is an exchange-traded fund on NASDAQ. As of Q3 2025, 356 institutional investors hold shares in this ETF, with total holdings valued at $3.8B. WELLS FARGO & COMPANY/MN is the largest holder with a position valued at $1.3B.

Overview

Overview of institutional ownership in PDBC as of Q3 2025

All Institutions

Institutions: 356
Value Held: $3.8B
Shares Held: 284.2M
Avg Position: $10.7M
Median Position: $426.9K

Hedge Funds

Hedge Funds: 6
Value Held: $6.1M
Shares Held: 457.3K
Avg Position: $1.0M
Median Position: $262.2K

Biggest Investors

Institutions with the largest positions in PDBC as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
WELLS FARGO & COMPANY/MN Institution	Charles W. Scharf CEO	$1.3B 0.28% of portfolio	100.0M shares	Q2 2016 Held for 9y 5m	$488.50B
Empower Advisory Group, LLC RIA/Wealth	Jonathan David Kreider CEO	$440.8M 1.22% of portfolio	32.8M shares	Q1 2023 Held for 2y 8m	$36.1B
L LPL Financial LLC Institution	-	$407.5M 0.12% of portfolio	30.3M shares	Q2 2015 Held for 10y 5m	$340.07B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$245.7M 0.01% of portfolio	18.3M shares	Q3 2016 Held for 9y 2m	$1.65T
STATE STREET CORP Institution	Ronald P. O'Hanley CEO	$127.0M 0.00% of portfolio	9.5M shares	Q4 2016 Held for 8y 11m	$2.88T
M MANUFACTURERES LIFE INSURANCE CO Institution	-	$111.1M 0.09% of portfolio	8.3M shares	Q1 2017 Held for 8y 8m	$120.17B
FMR LLC Institution	-	$103.4M 0.01% of portfolio	7.7M shares	Q2 2019 Held for 6y 5m	$1.92T
SigFig Wealth Management, LLC RIA/Wealth	Michael Tai Sha CEO	$100.5M 3.11% of portfolio	7.5M shares	Q2 2022 Held for 3y 5m	$3.2B
BANK OF AMERICA CORP /DE/ Institution	Brian T. Moynihan CEO	$73.5M 0.01% of portfolio	5.5M shares	Q1 2016 Held for 9y 8m	$1.33T
ENVESTNET ASSET MANAGEMENT INC Long Only Manager	Christopher Russell Todd CEO	$54.0M 0.02% of portfolio	4.0M shares	Q2 2018 Held for 7y 5m	$341.99B

Net Capital Flow

Institutional buying and selling activity for PDBC in Q3 2025

Traded: −$43.2M
Buyers: 160
Sellers: 180
Total Bought: +$190.4M
Total Sold: −$233.6M
Avg Position: $9.4M

Biggest Buyers

Institution	Net Bought	Current Position
STATE STREET CORP Institution	+$51.3M +3.8M shares	$127.0M 9.5M shares
L LPL Financial LLC Institution	+$24.7M +1.8M shares	$407.5M 30.3M shares
Empower Advisory Group, LLC RIA/Wealth	+$18.2M +1.4M shares	$440.8M 32.8M shares
BARCLAYS PLC Institution	+$11.5M +856.4K shares	$14.4M 1.1M shares
SigFig Wealth Management, LLC RIA/Wealth	+$11.4M +842.5K shares	$100.5M 7.5M shares
Lido Advisors, LLC RIA/Wealth	+$6.6M +488.4K shares	$6.6M 488.4K shares
NEW YORK LIFE INVESTMENT MANAGEMENT LLC Long Only Manager	+$5.8M +428.3K shares	$14.2M 1.1M shares
Cambridge Investment Research Advisors, Inc. RIA/Wealth	+$3.9M +293.0K shares	$8.2M 608.7K shares
B BNP PARIBAS ARBITRAGE, SA Institution	+$3.4M +252.5K shares	$7.3M 544.7K shares
CITIGROUP INC Institution	+$3.3M +247.6K shares	$4.5M 334.1K shares

Biggest Sellers

Institution	Net Sold	Current Position
WELLS FARGO & COMPANY/MN Institution	−$108.0M −8.0M shares	$1.3B 100.0M shares
Toroso Investments, LLC ETF Provider	−$22.0M −1.6M shares	$9.6M 712.3K shares
Q Quadrature Capital Ltd Institution	−$13.8M −1.0M shares	$1.8M 136.0K shares
Nilsine Partners, LLC RIA/Wealth	−$10.9M −837.9K shares	Sold Off 0 shares
M MANUFACTURERES LIFE INSURANCE CO Institution	−$7.7M −576.3K shares	$111.1M 8.3M shares
H Hilltop Holdings Inc. Institution	−$5.5M −408.8K shares	$1.4M 102.2K shares
PRINCIPAL FINANCIAL GROUP INC Institution	−$4.3M −323.0K shares	$5.3M 392.0K shares
Magnus Financial Group LLC RIA/Wealth	−$4.0M −300.1K shares	$932.7K 69.4K shares
Mirae Asset Global Investments Co., Ltd. Long Only Manager	−$3.9M −298.0K shares	Sold Off 0 shares
MORGAN STANLEY RIA/Wealth	−$3.1M −233.6K shares	$245.7M 18.3M shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited PDBC in Q3 2025

New Positions: 20
New Value: $9.5M
Exited Positions: 51
Exited Value: $25.0M

New Positions

Institution	Position Value
Lido Advisors, LLC RIA/Wealth	$6.6M 488.4K shares
FSA Investment Group, LLC RIA/Wealth	$690.3K 51.5K shares
S STONEHAVEN WEALTH & TAX SOLUTIONS, LLC RIA/Wealth	$355.2K 26.4K shares
WEST MICHIGAN ADVISORS, LLC RIA/Wealth	$294.8K 22.0K shares
J J HAGAN CAPITAL, INC. RIA/Wealth	$261.9K 19.5K shares
G GTS SECURITIES LLC Institution	$253.4K 18.9K shares
S Sageworth Trust Co Institution	$218.7K 16.3K shares
V Vise Technologies, Inc. Institution	$189.1K 14.1K shares
CUSTOM INDEX SYSTEMS, LLC RIA/Wealth	$176.9K 13.2K shares
M1 Capital Management LLC RIA/Wealth	$143.0K 10.7K shares

Exited Positions

Institution	Previous Position
Nilsine Partners, LLC RIA/Wealth	$10.9M 837.9K shares
Mirae Asset Global Investments Co., Ltd. Long Only Manager	$3.9M 298.0K shares
DAVENPORT & Co LLC RIA/Wealth	$1.8M 136.8K shares
Eqis Capital Management, Inc. RIA/Wealth	$1.5M 116.5K shares
L2 Asset Management, LLC Hedge Fund•Long/Short	$654.2K 50.2K shares
T TRUST CO OF OKLAHOMA Institution	$611.8K 46.9K shares
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	$517.6K 39.7K shares
ZEGA Investments, LLC RIA/Wealth	$436.2K 33.5K shares
INNEALTA CAPITAL, LLC Long Only Manager	$398.4K 30.5K shares
P PRUDENTIAL PLC Institution	$307.6K 23.6K shares

Options Activity

Institutions with the largest Call and Put options positions in PDBC as of Q3 2025

Call Positions: 2
Call Value: $449.9K
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$449.9K 335.0 contracts
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy	- - contracts

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with PDBC as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
Briaud Financial Planning, Inc RIA/Wealth	Janet Briaud CIO	11.89% $36.4M	2.7M shares	Q1 2024 Held for 1y 8m	$306.0M
INTEGRATED CAPITAL MANAGEMENT, INC. RIA/Wealth	Joseph Clayton Perfilio President	6.92% $9.9M	738.7K shares	Q4 2018 Held for 6y 11m	$143.5M
Kiker Wealth Management, LLC RIA/Wealth	Lawrence Howard Levy Managing Partner	6.39% $12.6M	941.5K shares	Q1 2025 Held for 8 months	$198.0M
Echo45 Advisors LLC RIA/Wealth	Jon E Henderson Founder	6.36% $10.9M	807.9K shares	Q4 2021 Held for 3y 11m	$170.6M
P Private Harbour Investment Management & Counsel, LLC RIA/Wealth	James Alan Blue Managing Partner	4.29% $4.1M	308.4K shares	Q4 2021 Held for 3y 11m	$96.6M
Marion Wealth Management RIA/Wealth	Jeffrey Donald Lott Managing Partner	3.41% $14.4M	1.1M shares	Q4 2021 Held for 3y 11m	$421.6M
SigFig Wealth Management, LLC RIA/Wealth	Michael Tai Sha CEO	3.11% $100.5M	7.5M shares	Q2 2022 Held for 3y 5m	$3.2B
Aspect Partners, LLC RIA/Wealth	Bard Daniel Malovany Owner	3.09% $6.8M	503.4K shares	Q4 2023 Held for 1y 11m	$218.5M
M Wealth Management, LLC RIA/Wealth	Wesley W Melbrod Managing Partner	3.01% $3.4M	253.2K shares	Q4 2024 Held for 11 months	$113.0M
Gladwyn Financial Advisors, Inc. RIA/Wealth	Timothy Terrence Murray President	2.14% $3.0M	222.3K shares	Q2 2025 Held for 5 months	$139.3M

Hedge Fund Spotlight

Discover hedge funds investing in PDBC

BALYASNY ASSET MANAGEMENT LLC

Hedge Fund • Multi-Strategy

Portfolio ManagerDmitry Balyasny

Portfolio Value: $48.1B
Positions: 1,894
Last Reported: Q3 2025

Sector Allocation

Position in Invesco Actively Managed Exch-Traded Commodity Fund Invesco Optimum Yield Diversified Commodity Strategy No K-1

Market Value: $151.1K
Shares Held: 11.3K
Portfolio Weight: 0.00%
Owned Since: 2024-Q3

Top Holding	Sector	Market Value	Weight
1 iShares Core S&P 500 ETF IVV	ETF ETF	$1.1B	2.29%
2 Microsoft MSFT	Software - Infrastructure Technology	$1.1B	2.23%
3 Nvidia NVDA	Semiconductors Technology	$905.7M	1.88%