10-Q Filing

INVESCO DB COMMODITY INDEX TRACKING FUND CIK: 1328237 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001564590-16-023652`
Period End Date	20160630
Filing Date	20160809
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	dbc-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 46 Income Statement 53 Cash Flow Statement 44 Stockholders Equity 44

Balance Sheet 46 line items

Line Item	Tag	Value	Unit	Period
United States Treasury Obligations, at fair value (cost $2,383,864,387 and $1,936,918,775, respectively)	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$1.94B	USD	Point-in-time
United States Treasury Obligations, at fair value (cost $2,383,864,387 and $1,936,918,775, respectively)	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$2.38B	USD	Point-in-time
United States Treasury Obligations, at fair value (cost $2,383,864,387 and $1,936,918,775, respectively)	`FinancialInstrumentsOwnedUSGovernmentAndAgencyObligationsAtFairValue`	$4.98B	USD	Point-in-time
Cash held by custodian	`RestrictedCashAndCashEquivalents`	$202.09M	USD	Point-in-time
Cash held by custodian	`RestrictedCashAndCashEquivalents`	$92.09M	USD	Point-in-time
Net unrealized appreciation (depreciation) on Commodity Futures Contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed`	$38.21M	USD	Point-in-time
Net unrealized appreciation (depreciation) on Commodity Futures Contracts	`InvestmentOwnedUnrecognizedUnrealizedAppreciationDepreciationNetReclassed`	$-34.45M	USD	Point-in-time
Variation margin receivable	`ReceivablesFromClearingOrganizations`	$16.67M	USD	Point-in-time
Total assets	`Assets`	$2.01B	USD	Point-in-time
Total assets	`Assets`	$2.62B	USD	Point-in-time
Variation margin payable	`PayableToClearingOrganizations`	$34.20M	USD	Point-in-time
Payable for LME contracts	`TradingLiabilities`	$22.46M	USD	Point-in-time
Payable for LME contracts	`TradingLiabilities`	$4.33M	USD	Point-in-time
Management fee payable	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.77M	USD	Point-in-time
Management fee payable	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.53M	USD	Point-in-time
Brokerage fee payable	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$5.00K	USD	Point-in-time
Brokerage fee payable	`CommissionsPayableToBrokerDealersAndClearingOrganizations`	$4.89K	USD	Point-in-time
Total liabilities	`Liabilities`	$24.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$40.31M	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 9)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Shareholder's equityGeneral Shares	`GeneralPartnersCapitalAccount`	$612.00	USD	Point-in-time
Shareholder's equityGeneral Shares	`GeneralPartnersCapitalAccount`	$534.00	USD	Point-in-time
Shareholders' equityShares	`LimitedPartnersCapitalAccount`	$2.58B	USD	Point-in-time
Shareholders' equityShares	`LimitedPartnersCapitalAccount`	$1.99B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.99B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$3.16B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.58B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$2.00B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$1.99B	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$4.04B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.01B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.62B	USD	Point-in-time
General Shares outstanding	`GeneralPartnersCapitalAccountUnitsOutstanding`	40.00	shares	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`	168.80M	shares	Point-in-time
Shares outstanding	`LimitedPartnersCapitalAccountUnitsOutstanding`	148.80M	shares	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$13.35	USD	Point-in-time
Net asset value per share	`NetAssetValuePerShare`	$15.31	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$15.35	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$13.30	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$17.09	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$18.45	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$13.37	USD	Point-in-time
Market value per share	`MarketValuePerShare`	$18.01	USD	Point-in-time

Income Statement 53 line items

Line Item	Tag	Value	Unit	Period
Interest Income	`InterestIncomeOperating`	$2.39M	USD	2 Qtrs
Interest Income	`InterestIncomeOperating`	$69.46K	USD	1 Quarter
Interest Income	`InterestIncomeOperating`	$295.42K	USD	2 Qtrs
Interest Income	`InterestIncomeOperating`	$1.49M	USD	1 Quarter
Management Fee	`ProfessionalFees`	$4.81M	USD	1 Quarter
Management Fee	`ProfessionalFees`	$6.63M	USD	1 Quarter
Management Fee	`ProfessionalFees`	$14.12M	USD	2 Qtrs
Management Fee	`ProfessionalFees`	$8.79M	USD	2 Qtrs
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$217.88K	USD	1 Quarter
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$593.88K	USD	2 Qtrs
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$155.54K	USD	1 Quarter
Brokerage Commissions and Fees	`FloorBrokerageExchangeAndClearanceFees`	$275.68K	USD	2 Qtrs
Interest Expense	`InterestExpense`	$7.36K	USD	1 Quarter
Interest Expense	`InterestExpense`	$104.25K	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$6.85M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$4.98M	USD	1 Quarter
Total Expenses	`OperatingExpenses`	$9.17M	USD	2 Qtrs
Total Expenses	`OperatingExpenses`	$14.72M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-6.78M	USD	1 Quarter
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-14.42M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-6.78M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-3.48M	USD	1 Quarter
United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$632.00	USD	1 Quarter
United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$1.26K	USD	2 Qtrs
United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$6.62K	USD	2 Qtrs
Commodity Futures Contracts	`GainLossOnSaleOfInvestments`	$-66.09M	USD	1 Quarter
Commodity Futures Contracts	`GainLossOnSaleOfInvestments`	$-727.08M	USD	2 Qtrs
Commodity Futures Contracts	`GainLossOnSaleOfInvestments`	$-301.64M	USD	1 Quarter
Commodity Futures Contracts	`GainLossOnSaleOfInvestments`	$-265.28M	USD	2 Qtrs
Net Realized Gain (Loss)	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-727.07M	USD	2 Qtrs
Net Realized Gain (Loss)	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-265.28M	USD	2 Qtrs
Net Realized Gain (Loss)	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-301.64M	USD	1 Quarter
Net Realized Gain (Loss)	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-66.09M	USD	1 Quarter
United States Treasury Obligations	`MarketableSecuritiesUnrealizedGainLoss`	$195.96K	USD	1 Quarter
United States Treasury Obligations	`MarketableSecuritiesUnrealizedGainLoss`	$-20.13K	USD	2 Qtrs
United States Treasury Obligations	`MarketableSecuritiesUnrealizedGainLoss`	$374.07K	USD	2 Qtrs
United States Treasury Obligations	`MarketableSecuritiesUnrealizedGainLoss`	$14.28K	USD	1 Quarter
Commodity Futures Contracts	`UnrealizedGainLossOnInvestments`	$647.82M	USD	2 Qtrs
Commodity Futures Contracts	`UnrealizedGainLossOnInvestments`	$468.32M	USD	1 Quarter
Commodity Futures Contracts	`UnrealizedGainLossOnInvestments`	$381.44M	USD	1 Quarter
Commodity Futures Contracts	`UnrealizedGainLossOnInvestments`	$570.98M	USD	2 Qtrs
Net Change in Unrealized Gain (Loss)	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$571.35M	USD	2 Qtrs
Net Change in Unrealized Gain (Loss)	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$647.80M	USD	2 Qtrs
Net Change in Unrealized Gain (Loss)	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$468.33M	USD	1 Quarter
Net Change in Unrealized Gain (Loss)	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$381.64M	USD	1 Quarter
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`GainLossOnInvestments`	$315.55M	USD	1 Quarter
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`GainLossOnInvestments`	$166.69M	USD	1 Quarter
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`GainLossOnInvestments`	$306.07M	USD	2 Qtrs
Net Realized and Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`GainLossOnInvestments`	$-79.27M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$312.07M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-93.69M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$299.29M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$159.91M	USD	1 Quarter

Cash Flow Statement 44 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`NetIncomeLoss`	$312.07M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-93.69M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$299.29M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$159.91M	USD	1 Quarter
Cost of securities purchased	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$4.29B	USD	2 Qtrs
Cost of securities purchased	`PaymentsForPurchaseOfSecuritiesOperatingActivities`	$5.50B	USD	2 Qtrs
Proceeds from securities sold and matured	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$6.57B	USD	2 Qtrs
Proceeds from securities sold and matured	`ProceedsFromSaleOfSecuritiesOperatingActivities`	$3.85B	USD	2 Qtrs
Net accretion of discount on United States Treasury Obligations	`DepreciationAmortizationAndAccretionNet`	$-2.39M	USD	2 Qtrs
Net accretion of discount on United States Treasury Obligations	`DepreciationAmortizationAndAccretionNet`	$-359.75K	USD	2 Qtrs
Net realized (gain) loss on United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$632.00	USD	1 Quarter
Net realized (gain) loss on United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$1.26K	USD	2 Qtrs
Net realized (gain) loss on United States Treasury Obligations	`MarketableSecuritiesRealizedGainLoss`	$6.62K	USD	2 Qtrs
Net change in unrealized (gain) loss on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesAndDerivativesAndCommodityContracts`	$73.03M	USD	2 Qtrs
Net change in unrealized (gain) loss on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesAndDerivativesAndCommodityContracts`	$647.80M	USD	2 Qtrs
Cash transfer to Commodity Broker to satisfy variation margin requirements (Note 4)	`CashTransferred`	$-584.26M	USD	2 Qtrs
Cash received (paid) to Commodity Broker to satisfy open variation margin, net (Note 4)	`ProceedsFromPaymentsToCommodityBroker`	$515.76M	USD	2 Qtrs
Variation margin	`IncreaseDecreaseInVariationMargin`	$-50.87M	USD	2 Qtrs
Variation margin	`IncreaseDecreaseInVariationMargin`	$68.77M	USD	2 Qtrs
LME contracts	`IncreaseDecreaseInTradingLiabilities`	$-18.13M	USD	2 Qtrs
LME contracts	`IncreaseDecreaseInTradingLiabilities`	$6.32M	USD	2 Qtrs
Management fee payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$237.25K	USD	2 Qtrs
Management fee payable	`IncreaseDecreaseInAccountsPayableRelatedParties`	$-860.90K	USD	2 Qtrs
Brokerage fee payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$-113.00	USD	2 Qtrs
Brokerage fee payable	`IncreaseDecreaseInPayablesToBrokerDealers`	$417.00	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-187.71M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$203.61M	USD	2 Qtrs
Proceeds from sale of Shares	`ProceedsFromIssuanceOfCommonStock`	$260.06M	USD	2 Qtrs
Proceeds from sale of Shares	`ProceedsFromIssuanceOfCommonStock`	$510.01M	USD	2 Qtrs
Redemption of Shares	`PaymentsForRepurchaseOfCommonStock`	$212.30M	USD	2 Qtrs
Redemption of Shares	`PaymentsForRepurchaseOfCommonStock`	$1.05B	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$297.70M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-786.41M	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-582.80M	USD	2 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$110.00M	USD	2 Qtrs
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$745.59M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$92.09M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$162.79M	USD	Point-in-time
Cash at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$202.09M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$745.59M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$92.09M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$162.79M	USD	Point-in-time
Cash at end of period	`CashAndCashEquivalentsAtCarryingValue`	$202.09M	USD	Point-in-time
Cash paid for interest	`InterestPaid`	$104.25K	USD	2 Qtrs

Stockholders Equity 44 line items

Line Item	Tag	Value	Unit	Period
Balance - Value	`StockholdersEquity`	$2.99B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$3.16B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$2.58B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$2.00B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$1.99B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$4.04B	USD	Point-in-time
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$510.01M	USD	2 Qtrs
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$168.25M	USD	1 Quarter
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$260.06M	USD	2 Qtrs
Sale of Shares - Value	`StockIssuedDuringPeriodValueNewIssues`	$394.71M	USD	1 Quarter
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$119.88M	USD	1 Quarter
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$163.57M	USD	1 Quarter
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$1.05B	USD	2 Qtrs
Redemption of Shares - Value	`StockRedeemedOrCalledDuringPeriodValue`	$212.30M	USD	2 Qtrs
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$-786.41M	USD	2 Qtrs
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$274.83M	USD	1 Quarter
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$4.68M	USD	1 Quarter
Net Increase (Decrease) due to Share Transactions, value	`StockholdersEquityPeriodIncreaseDecreaseDueToShareTransactions`	$297.70M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-6.78M	USD	1 Quarter
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-14.42M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-6.78M	USD	2 Qtrs
Net Investment Income (Loss)	`OperatingIncomeLoss`	$-3.48M	USD	1 Quarter
Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-727.07M	USD	2 Qtrs
Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-265.28M	USD	2 Qtrs
Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-301.64M	USD	1 Quarter
Net Realized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`RealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$-66.09M	USD	1 Quarter
Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$571.35M	USD	2 Qtrs
Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$647.80M	USD	2 Qtrs
Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$468.33M	USD	1 Quarter
Net Change in Unrealized Gain (Loss) on United States Treasury Obligations and Commodity Futures Contracts	`UnrealizedGainLossOnMarketableSecuritiesCostMethodInvestmentsAndOtherInvestments`	$381.64M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$312.07M	USD	1 Quarter
Net Income (Loss)	`NetIncomeLoss`	$-93.69M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$299.29M	USD	2 Qtrs
Net Income (Loss)	`NetIncomeLoss`	$159.91M	USD	1 Quarter
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$597.00M	USD	2 Qtrs
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$586.90M	USD	1 Quarter
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$164.59M	USD	1 Quarter
Net Change in Shareholders' Equity, value	`StockholdersEquityPeriodIncreaseDecrease`	$-880.10M	USD	2 Qtrs
Balance - Value	`StockholdersEquity`	$2.99B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$3.16B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$2.58B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$2.00B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$1.99B	USD	Point-in-time
Balance - Value	`StockholdersEquity`	$4.04B	USD	Point-in-time

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