Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
32 hedge funds and large institutions have $64.6M invested in Invesco DB Gold Fund in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
7% more funds holding
Funds holding: 30 → 32 (+2)
9% less capital invested
Capital invested by funds: $71.2M → $64.6M (-$6.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.96M |
| 2 |
Bank of New York Mellon
New York
|
+$994K |
| 3 |
BA
Boston Advisors
Boston,
Massachusetts
|
+$968K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$644K |
| 5 |
Axa
Paris,
France
|
+$640K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$8.11M |
| 2 |
WIM
Windhaven Investment Management
Boston,
Massachusetts
|
-$3.68M |
| 3 |
RCYC
Richard C. Young & Co
Newport,
Rhode Island
|
-$3.19M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$1.44M |
| 5 |
State Street
Boston,
Massachusetts
|
-$902K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWM
26
B. Riley Wealth Management
Memphis,
Tennessee
| $22K | +$21.7K | +500 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $18K | +$17.8K | +409 | New |
|
28
Citigroup
New York
| $14K | +$7.59K | +175 | +120% |
|
|
29
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $10.3K | +$644K | +14,846 | +7% |
|
30
Ameriprise
Minneapolis,
Minnesota
| $9K | -$138K | -3,175 | -94% |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $9K | -$1.56K | -36 | -15% |
|
|
MFS
32
MSI Financial Services
Springfield,
Massachusetts
| $8K | – | – | – |
|
|
WIM
33
Windhaven Investment Management
Boston,
Massachusetts
| – | -$3.68M | -91,079 | Closed |
|
|
RCYC
34
Richard C. Young & Co
Newport,
Rhode Island
| – | -$3.19M | -79,125 | Closed |
|
|
35
State Street
Boston,
Massachusetts
| – | -$902K | -22,359 | Closed |
|
|
PI
36
Placemark Investments
Chicago,
Illinois
| – | -$404K | -10,004 | Closed |
|
|
USGIU
37
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$139K | -3,460 | Closed |
|
DGL Hedge Fund Activity: Q1 2014 in Review
32 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q1 2014, worth a combined $64.6M — down 9.3% from $71.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new DGL positions and 5 closed out — a net gain of 3 holders — while 10 added to existing stakes and 9 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $3.96M. The largest seller was Deutsche Bank, cutting an estimated $8.11M.
- 32 institutional investors held Invesco DB Gold Fund (DGL) as of Q1 2014, up from 30 in Q4 2013.
- Funds reported $64.6M of Invesco DB Gold Fund stock for Q1 2014, down 9.3% quarter-over-quarter.
- 8 funds opened new Invesco DB Gold Fund positions in Q1 2014 and 5 closed out, a net change of +3 holders.
- The largest Invesco DB Gold Fund buyer in Q1 2014 was Virtu Financial, an estimated $3.96M added.
- The largest Invesco DB Gold Fund seller in Q1 2014 was Deutsche Bank, an estimated $8.11M sold.
Based on aggregated 13F filings for Q1 2014.