Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
33 hedge funds and large institutions have $150M invested in Invesco DB Gold Fund in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
13% more capital invested
Capital invested by funds: $133M → $150M (+$17.6M)
6% more funds holding
Funds holding: 31 → 33 (+2)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $251K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$7.07M |
| 2 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$6.38M |
| 3 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
+$4.58M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.92M |
| 5 |
Bank of New York Mellon
New York
|
+$2.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$5.32M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.11M |
| 3 |
Axa
Paris,
France
|
-$1.03M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$730K |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$457K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $23K | -$33.7K | -778 | -59% |
|
27
Bank of America
Charlotte,
North Carolina
| $13K | +$13K | +300 | New |
|
28
Citigroup
New York
| $11K | – | – | – |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| $5K | +$5.42K | +125 | New |
|
|
IA
30
IFP Advisors
Tampa,
Florida
| $4K | – | – | – |
|
|
CG
31
Cutler Group
San Francisco,
California
| $2K | -$13K | -300 | -84% |
|
|
EA
32
Euclid Advisors
Hartford,
Connecticut
| – | -$5.32M | -123,272 | Closed |
|
|
FTUS
33
Flow Traders U.S.
New York
| – | -$730K | -16,901 | Closed |
|
|
BRWA
34
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$331K | -13,070 | Closed |
|
|
MA
35
MCF Advisors
Covington,
Kentucky
| – | -$191K | -4,432 | Closed |
|
|
MFS
36
MSI Financial Services
Springfield,
Massachusetts
| – | -$13K | -300 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | +$43 | +1 | New |
|
DGL Hedge Fund Activity: Q3 2016 in Review
33 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q3 2016, worth a combined $150M — up 13% from $133M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DGL positions and 5 closed out — a net gain of 2 holders — while 10 added to existing stakes and 10 trimmed.
The largest buyer was State Street, adding an estimated $7.07M. The largest seller was Euclid Advisors, exiting entirely with an estimated $5.32M sold.
- 33 institutional investors held Invesco DB Gold Fund (DGL) as of Q3 2016, up from 31 in Q2 2016.
- Funds reported $150M of Invesco DB Gold Fund stock for Q3 2016, up 13% quarter-over-quarter.
- 7 funds opened new Invesco DB Gold Fund positions in Q3 2016 and 5 closed out, a net change of +2 holders.
- The largest Invesco DB Gold Fund buyer in Q3 2016 was State Street, an estimated $7.07M added.
- The largest Invesco DB Gold Fund seller in Q3 2016 was Euclid Advisors, an estimated $5.32M sold.
Based on aggregated 13F filings for Q3 2016.