Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
33 hedge funds and large institutions have $104M invested in Invesco DB Gold Fund in 2016 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 7 reducing their positions, and 4 closing their positions.
200% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 4
40% more capital invested
Capital invested by funds: $74.7M → $104M (+$29.7M)
32% more funds holding
Funds holding: 25 → 33 (+8)
29% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 7
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $201K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$12.4M |
| 2 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$6.4M |
| 3 |
EA
Euclid Advisors
Hartford,
Connecticut
|
+$5.88M |
| 4 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
+$1.75M |
| 5 |
AIA
Arrow Investment Advisors
Laurel,
Maryland
|
+$747K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$7.41M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.96M |
| 3 |
VF
Virtu Financial
New York
|
-$3.19M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$2.94M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$697K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $30K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $25K | – | – | – |
|
28
Citigroup
New York
| $13K | +$12.5K | +322 | New |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $10K | +$8.87K | +229 | New |
|
30
SEI Investments
Oaks,
Pennsylvania
| $7K | +$6.27K | +162 | New |
|
|
N
31
Nuveen
Charlotte,
North Carolina
| $501 | +$55.4K | +1,432 | +13% |
|
|
32
Ameriprise
Minneapolis,
Minnesota
| – | -$7.41M | -213,825 | Closed |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$6.96M | -179,677 | Closed |
|
|
VF
34
Virtu Financial
New York
| – | -$3.19M | -91,944 | Closed |
|
35
Fiera Capital (Canada)
Montreal,
Quebec, Canada
| – | -$201K | -5,795 | Closed |
|
36
Simplex Trading
Chicago,
Illinois
| – | +$891 | +23 | New |
|
DGL Hedge Fund Activity: Q1 2016 in Review
33 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q1 2016, worth a combined $104M — up 40% from $74.7M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new DGL positions and 4 closed out — a net gain of 8 holders — while 9 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $12.4M. The largest seller was Ameriprise, exiting entirely with an estimated $7.41M sold.
- 33 institutional investors held Invesco DB Gold Fund (DGL) as of Q1 2016, up from 25 in Q4 2015.
- Funds reported $104M of Invesco DB Gold Fund stock for Q1 2016, up 40% quarter-over-quarter.
- 12 funds opened new Invesco DB Gold Fund positions in Q1 2016 and 4 closed out, a net change of +8 holders.
- The largest Invesco DB Gold Fund buyer in Q1 2016 was Wells Fargo, an estimated $12.4M added.
- The largest Invesco DB Gold Fund seller in Q1 2016 was Ameriprise, an estimated $7.41M sold.
Based on aggregated 13F filings for Q1 2016.