10-Q Filing

INVESCO DB COMMODITY INDEX TRACKING FUND CIK: 1328237 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0001193125-14-298312`
Period End Date	20140630
Filing Date	20140806
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	dbc-20140630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 51 Income Statement 52 Cash Flow Statement 43 Stockholders Equity 48

Balance Sheet 51 line items

Line Item	Tag	Value	Unit	Period
United States Treasury Obligations, at fair value (cost $6,449,733,027 and $6,639,473,280 respectively)	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$6.64B	USD	Point-in-time
United States Treasury Obligations, at fair value (cost $6,449,733,027 and $6,639,473,280 respectively)	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$6.45B	USD	Point-in-time
Cash held by commodity broker (restricted $0 and $10,356,375, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$123.07M	USD	Point-in-time
Cash held by commodity broker (restricted $0 and $10,356,375, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash held by commodity broker (restricted $0 and $10,356,375, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$598.95M	USD	Point-in-time
Cash held by commodity broker (restricted $0 and $10,356,375, respectively)	`CashAndCashEquivalentsAtCarryingValue`	$615.72M	USD	Point-in-time
Receivable for LME contracts	`CommodityContractAssetCurrent`	$1.28M	USD	Point-in-time
Net unrealized appreciation (depreciation) on commodity futures contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet`	$220.02M	USD	Point-in-time
Net unrealized appreciation (depreciation) on commodity futures contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNet`	$37.25M	USD	Point-in-time
Equity in broker trading accounts	`GoodFaithAndMarginDepositsWithBrokerDealers`	$6.80B	USD	Point-in-time
Equity in broker trading accounts	`GoodFaithAndMarginDepositsWithBrokerDealers`	$6.67B	USD	Point-in-time
Restricted cash held by broker	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Total assets	`Assets`	$6.80B	USD	Point-in-time
Total assets	`Assets`	$6.67B	USD	Point-in-time
Restricted cash held by broker	`RestrictedCashAndCashEquivalents`	$10.36M	USD	Point-in-time
Payable for securities purchased	`PayablesToBrokerDealersAndClearingOrganizations`	$1.09B	USD	Point-in-time
Payable for securities purchased	`PayablesToBrokerDealersAndClearingOrganizations`	$1.02B	USD	Point-in-time
Management fee payable	`AccountsPayableCurrentAndNoncurrent`	$4.28M	USD	Point-in-time
Management fee payable	`AccountsPayableCurrentAndNoncurrent`	$3.92M	USD	Point-in-time
Payable for LME contracts	`CommodityContractLiability`	-	USD	Point-in-time
Payable for LME contracts	`CommodityContractLiability`	$10.36M	USD	Point-in-time
Brokerage fee payable	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$5.92K	USD	Point-in-time
Brokerage fee payable	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$1.47K	USD	Point-in-time
Total liabilities	`Liabilities`	$1.03B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.10B	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Shareholders' equity-General Shares	`GeneralPartnersCapitalAccount`	$1.02K	USD	Point-in-time
Shareholders' equity-General Shares	`GeneralPartnersCapitalAccount`	$1.06K	USD	Point-in-time
Shareholders' equity-Shares	`LimitedPartnersCapitalAccount`	$5.65B	USD	Point-in-time
Shareholders' equity-Shares	`LimitedPartnersCapitalAccount`	$5.70B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$6.07B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$6.61B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$6.79B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.65B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.70B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$5.65B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.67B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$6.80B	USD	Point-in-time
General Shares outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	40.00	shares	Point-in-time
General Shares outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	40.00	shares	Point-in-time
Shares outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	222.40M	shares	Point-in-time
Shares outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	212.80M	shares	Point-in-time
General Shares	`GeneralSharesNetAssetValuePerShare`	$25.61	USD	Point-in-time
General Shares	`GeneralSharesNetAssetValuePerShare`	$26.53	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$26.53	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$25.11	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$25.61	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$27.33	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$26.13	USD	Point-in-time
Shares	`SharesAssetValuePerShare`	$27.72	USD	Point-in-time

Income Statement 52 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InterestIncomeOperating`	$524.60K	USD	1 Quarter
Interest Income	`InterestIncomeOperating`	$2.17M	USD	2 Qtrs
Interest Income	`InterestIncomeOperating`	$1.25M	USD	2 Qtrs
Interest Income	`InterestIncomeOperating`	$883.70K	USD	1 Quarter
Management Fee	`AssetManagementCosts`	$13.70M	USD	1 Quarter
Management Fee	`AssetManagementCosts`	$28.09M	USD	2 Qtrs
Management Fee	`AssetManagementCosts`	$23.75M	USD	2 Qtrs
Management Fee	`AssetManagementCosts`	$12.00M	USD	1 Quarter
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$414.35K	USD	1 Quarter
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$616.70K	USD	2 Qtrs
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$412.15K	USD	1 Quarter
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$706.35K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$28.79M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$12.41M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$14.11M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$24.37M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-13.23M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-11.88M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-23.12M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-26.63M	USD	2 Qtrs
United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$3.05K	USD	1 Quarter
United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$48.32K	USD	1 Quarter
United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$14.77K	USD	2 Qtrs
United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$48.20K	USD	2 Qtrs
Futures	`GainLossOnSaleOfDerivatives`	$-82.48M	USD	1 Quarter
Futures	`GainLossOnSaleOfDerivatives`	$-7.53M	USD	1 Quarter
Futures	`GainLossOnSaleOfDerivatives`	$30.44M	USD	2 Qtrs
Futures	`GainLossOnSaleOfDerivatives`	$-66.75M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-82.43M	USD	1 Quarter
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$30.46M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-66.70M	USD	2 Qtrs
Net realized gain (loss)	`RealizedInvestmentGainsLosses`	$-7.52M	USD	1 Quarter
United States Treasury Obligations	`UnrealizedGainLossOnSecurities`	$-64.99K	USD	1 Quarter
United States Treasury Obligations	`UnrealizedGainLossOnSecurities`	$-96.91K	USD	1 Quarter
United States Treasury Obligations	`UnrealizedGainLossOnSecurities`	$-63.90K	USD	2 Qtrs
United States Treasury Obligations	`UnrealizedGainLossOnSecurities`	$-181.54K	USD	2 Qtrs
Futures	`UnrealizedGainLossOnDerivatives`	$-555.47M	USD	2 Qtrs
Futures	`UnrealizedGainLossOnDerivatives`	$-452.14M	USD	1 Quarter
Futures	`UnrealizedGainLossOnDerivatives`	$103.56M	USD	1 Quarter
Futures	`UnrealizedGainLossOnDerivatives`	$182.77M	USD	2 Qtrs
Net change in unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-555.65M	USD	2 Qtrs
Net change in unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$182.70M	USD	2 Qtrs
Net change in unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$103.47M	USD	1 Quarter
Net change in unrealized gain (loss)	`UnrealizedGainLossOnInvestments`	$-452.20M	USD	1 Quarter
Net realized and net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`GainLossOnInvestments`	$213.16M	USD	2 Qtrs
Net realized and net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`GainLossOnInvestments`	$-534.63M	USD	1 Quarter
Net realized and net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`GainLossOnInvestments`	$-622.35M	USD	2 Qtrs
Net realized and net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`GainLossOnInvestments`	$95.94M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$190.04M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$84.06M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-547.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-648.97M	USD	2 Qtrs

Cash Flow Statement 43 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$190.04M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$84.06M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-547.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-648.97M	USD	2 Qtrs
Cost of securities purchased	`PaymentsToAcquireMarketableSecurities`	$13.08B	USD	2 Qtrs
Cost of securities purchased	`PaymentsToAcquireMarketableSecurities`	$11.04B	USD	2 Qtrs
Proceeds from securities sold and matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$13.05B	USD	2 Qtrs
Proceeds from securities sold and matured	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$11.17B	USD	2 Qtrs
Net accretion of discount on United States Treasury Obligations	`DepreciationAmortizationAndAccretionNet`	$-1.25M	USD	2 Qtrs
Net accretion of discount on United States Treasury Obligations	`DepreciationAmortizationAndAccretionNet`	$-2.36M	USD	2 Qtrs
Net realized (gain) loss on United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$3.05K	USD	1 Quarter
Net realized (gain) loss on United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$48.32K	USD	1 Quarter
Net realized (gain) loss on United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$14.77K	USD	2 Qtrs
Net realized (gain) loss on United States Treasury Obligations	`GainLossOnSaleOfSecuritiesNet`	$48.20K	USD	2 Qtrs
Net change in unrealized (gain) loss on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$-555.65M	USD	2 Qtrs
Net change in unrealized (gain) loss on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$182.70M	USD	2 Qtrs
Net change in unrealized (gain) loss on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$103.47M	USD	1 Quarter
Net change in unrealized (gain) loss on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$-452.20M	USD	1 Quarter
Payable for LME contracts	`IncreaseDecreaseInPayableOnCommodityContracts`	$2.99M	USD	2 Qtrs
Payable for LME contracts	`IncreaseDecreaseInPayableOnCommodityContracts`	$-10.36M	USD	2 Qtrs
Receivable for LME contracts	`IncreaseDecreaseInContractReceivablesNet`	$1.28M	USD	2 Qtrs
Management fee payable	`IncreaseDecreaseInAccountsPayable`	$-269.72K	USD	2 Qtrs
Management fee payable	`IncreaseDecreaseInAccountsPayable`	$-367.32K	USD	2 Qtrs
Brokerage fee payable	`IncreaseDecreaseInAccruedLiabilities`	$4.46K	USD	2 Qtrs
Brokerage fee payable	`IncreaseDecreaseInAccruedLiabilities`	$4.63K	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-125.03M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$119.17M	USD	2 Qtrs
Proceeds from sale of Shares	`ProceedsFromIssuanceOfCommonStock`	$350.42M	USD	2 Qtrs
Proceeds from sale of Shares	`ProceedsFromIssuanceOfCommonStock`	$665.88M	USD	2 Qtrs
Redemption of Shares	`PaymentsForRepurchaseOfCommonStock`	$557.62M	USD	2 Qtrs
Redemption of Shares	`PaymentsForRepurchaseOfCommonStock`	$590.90M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-240.48M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$108.26M	USD	2 Qtrs
Net change in cash held by broker	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-16.77M	USD	2 Qtrs
Net change in cash held by broker	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-121.31M	USD	2 Qtrs
Cash held by commodity broker at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$123.07M	USD	Point-in-time
Cash held by commodity broker at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash held by commodity broker at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$598.95M	USD	Point-in-time
Cash held by commodity broker at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$615.72M	USD	Point-in-time
Cash held by commodity broker at end of period	`CashAndCashEquivalentsAtCarryingValue`	$123.07M	USD	Point-in-time
Cash held by commodity broker at end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.76M	USD	Point-in-time
Cash held by commodity broker at end of period	`CashAndCashEquivalentsAtCarryingValue`	$598.95M	USD	Point-in-time
Cash held by commodity broker at end of period	`CashAndCashEquivalentsAtCarryingValue`	$615.72M	USD	Point-in-time

Stockholders Equity 48 line items

Line Item	Tag	Value	Unit	Period
Balance - Value	`StockholdersEquity`	$6.07B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$6.61B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$6.79B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.65B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.70B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.65B	USD	Point-in-time
Balance - Shares	`LimitedPartnersCapitalAccountUnitsOutstanding`	222.40M	shares	Point-in-time
Balance - Shares	`LimitedPartnersCapitalAccountUnitsOutstanding`	212.80M	shares	Point-in-time
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$142.59M	USD	1 Quarter
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$236.74M	USD	1 Quarter
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$665.88M	USD	2 Qtrs
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$350.42M	USD	2 Qtrs
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$415.25M	USD	1 Quarter
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$235.25M	USD	1 Quarter
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$557.62M	USD	2 Qtrs
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$590.90M	USD	2 Qtrs
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$108.26M	USD	2 Qtrs
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$-240.48M	USD	2 Qtrs
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$-92.66M	USD	1 Quarter
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$-178.51M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-13.23M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-11.88M	USD	1 Quarter
Net investment income (loss)	`InvestmentIncomeNet`	$-23.12M	USD	2 Qtrs
Net investment income (loss)	`InvestmentIncomeNet`	$-26.63M	USD	2 Qtrs
Net realized gain (loss) on United States Treasury Obligations and Futures	`RealizedInvestmentGainsLosses`	$-82.43M	USD	1 Quarter
Net realized gain (loss) on United States Treasury Obligations and Futures	`RealizedInvestmentGainsLosses`	$30.46M	USD	2 Qtrs
Net realized gain (loss) on United States Treasury Obligations and Futures	`RealizedInvestmentGainsLosses`	$-66.70M	USD	2 Qtrs
Net realized gain (loss) on United States Treasury Obligations and Futures	`RealizedInvestmentGainsLosses`	$-7.52M	USD	1 Quarter
Net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$-555.65M	USD	2 Qtrs
Net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$182.70M	USD	2 Qtrs
Net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$103.47M	USD	1 Quarter
Net change in unrealized gain (loss) on United States Treasury Obligations and Futures	`UnrealizedGainLossOnInvestments`	$-452.20M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$190.04M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$84.06M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-547.86M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-648.97M	USD	2 Qtrs
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$-540.71M	USD	2 Qtrs
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$-50.44M	USD	2 Qtrs
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$-8.60M	USD	1 Quarter
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$-726.37M	USD	1 Quarter
Balance - Value	`StockholdersEquity`	$6.07B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$6.61B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$6.79B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.65B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.70B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$5.65B	USD	Point-in-time
Balance - Shares	`LimitedPartnersCapitalAccountUnitsOutstanding`	222.40M	shares	Point-in-time
Balance - Shares	`LimitedPartnersCapitalAccountUnitsOutstanding`	212.80M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.