13F Pro Quality Score

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Pending next ranking run

This company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. Rankings refresh on Jan 1, Apr 1, Jul 1, Oct 1.

Financial data, filings, and institutional holdings below are still tracked in full — only the proprietary quality composite is unavailable for this name.

DBO Stock Analysis & AI Quality Score

AI stock analysis and institutional research for Invesco DB Oil Fund (DBO), a Financials sector company. DBO is not currently included in 13F Pro's AI-ranked quality universe — this company passes all size and coverage filters but hasn't been included in the latest quarterly ranking run. rankings refresh on jan 1, apr 1, jul 1, oct 1. Based on the latest XBRL financial filings (Q1 2026), Invesco DB Oil Fund reports quarterly revenue of $2.1M, net income of $133.9M, an operating margin of 75.7%. Top institutional holders of DBO by reported 13-F value include WELLS FARGO & COMPANY/MN, E Fund Management Co., Ltd., PRUDENTIAL PLC, based on the most recent SEC filings. DBO trades on the NYSE exchange and files with the SEC under CIK 1383058. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate DBO daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Invesco DB Oil Fund directly from SEC EDGAR.

Revenue

Q1 2026

$2.1M

Net Income

Q1 2026

$133.9M

Free Cash Flow

Q1 2026

$-26.8M

Operating Margin

Q1 2026

75.7%

ROIC

Q1 2026

0.4%

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro+

Net Income

+237.7% YoY
$19.6MFY 2024
FY21 $228.7MFY22 $77.3MFY23 $-14.2MFY24 $19.6M

Operating Income

-10.2% YoY
$10.2MFY 2024
FY21 $-3.5MFY22 $2.2MFY23 $11.3MFY24 $10.2M

Total Assets

-13.5% YoY
$212.3MFY 2024
FY21 $445.0MFY22 $303.8MFY23 $245.5MFY24 $212.3M

Op. Cash Flow

+18.2% YoY
$53.0MFY 2024
FY21 $224.8MFY22 $208.3MFY23 $44.8MFY24 $53.0M

AI Insight: DBO Financial Trends

A $134M net income spike in Q1 2026 drives equity to $365M, but operating income remains flat at $2M — suggesting a one-time mark-to-market gain, not operational improvement.

Net income swung sharply to $134M in Q1 2026 from -$12M in Q4 2025, a $146M quarter-over-quarter reversal.

Equity surged from $204M in Q4 2025 to $365M in Q1 2026, the highest level in the observed period.

Operating income has been locked at $2M every quarter since Q3 2024, indicating no underlying operational growth.

Operating cash flow turned negative at -$27M in Q1 2026, diverging sharply from the large net income figure.

The gap between $134M net income and -$27M operating CF in Q1 2026 signals likely unrealized gains — sustainability is unclear.

Equity has been volatile, ranging from $202M to $365M across eight quarters, reflecting commodity price sensitivity.

Operating CF has been negative in three of eight quarters; Q2 2025's -$38M was the worst reading observed.

AI Insight: DBO Ratio Trends

DBO's ROIC has compressed steadily from 4.7% in Q2 2024 to 1.7% in Q1 2026, signaling deteriorating capital efficiency despite a volatile ROE spike.

ROIC declined consistently from 4.7% in Q2 2024 to 1.7% in Q1 2026, a 3pp contraction over eight quarters.

ROE has been extremely volatile, swinging from -50.9% in Q3 2024 to 146.5% in Q1 2026, reflecting commodity-driven return instability.

TTM ROE of 30.6% and ROA of 28.8% appear optically strong but mask sharp quarterly swings including two quarters of deeply negative returns.

ROIC hit a series low of 1.7% in Q1 2026 — the fourth consecutive quarterly decline — signaling sustained capital efficiency erosion.

The Q1 2026 ROE spike to 146.5% with no corresponding ROA data warrants scrutiny; one-off or leverage effects may distort the picture.

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Available Research

13F Pro tracks comprehensive data for Invesco DB Oil Fund including:

SEC EDGAR filings (10-K, 10-Q, 8-K)
XBRL financial facts (revenue, EPS, margins)
Insider transactions (Form 4)
Institutional 13F holdings
Quality rankings (32 signals)
AI analyst debates & daily meetings
Historical financial trends
Peer comparison & sector analysis

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Is DBO a good stock to buy?

13F Pro's AI-powered analysis of Invesco DB Oil Fund (DBO) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Financials sector (listed on NYSE). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for DBO are available on the DBO stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing.

Which hedge funds own DBO?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling DBO. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Invesco DB Oil Fund's investment landscape.