Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
25 hedge funds and large institutions have $86.8M invested in Invesco DB Gold Fund in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 7 closing their positions.
228% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $420K
17% less funds holding
Funds holding: 30 → 25 (-5)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
33% less capital invested
Capital invested by funds: $130M → $86.8M (-$43.5M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$6.82M |
| 2 |
Jane Street
New York
|
+$1.91M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$541K |
| 4 |
Axa
Paris,
France
|
+$262K |
| 5 |
AssetMark Inc
Concord,
California
|
+$191K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$46.4M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$6.21M |
| 3 |
State Street
Boston,
Massachusetts
|
-$4.05M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$861K |
| 5 |
VF
Virtu Financial
New York
|
-$631K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
State Street
Boston,
Massachusetts
| – | -$4.05M | -109,419 | Closed |
|
|
VKH
27
Virtu KCG Holdings
New York
| – | -$367K | -9,913 | Closed |
|
|
FTUS
28
Flow Traders U.S.
New York
| – | -$112K | -3,029 | Closed |
|
29
Bank of America
Charlotte,
North Carolina
| – | -$36K | -974 | Closed |
|
30
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$20K | -538 | Closed |
|
|
NFG
31
Next Financial Group
Houston,
Texas
| – | -$5K | -125 | Closed |
|
DGL Hedge Fund Activity: Q1 2017 in Review
25 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q1 2017, worth a combined $86.8M — down 33% from $130M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DGL and 2 opened new positions — a net loss of 5 holders — while 9 trimmed existing stakes and 7 added.
The largest buyer was Madison Investment Holdings, adding an estimated $6.82M. The largest seller was Wolverine Trading, exiting entirely with an estimated $46.4M sold.
- 25 institutional investors held Invesco DB Gold Fund (DGL) as of Q1 2017, down from 30 in Q4 2016.
- Funds reported $86.8M of Invesco DB Gold Fund stock for Q1 2017, down 33% quarter-over-quarter.
- 2 funds opened new Invesco DB Gold Fund positions in Q1 2017 and 7 closed out, a net change of -5 holders.
- The largest Invesco DB Gold Fund buyer in Q1 2017 was Madison Investment Holdings, an estimated $6.82M added.
- The largest Invesco DB Gold Fund seller in Q1 2017 was Wolverine Trading, an estimated $46.4M sold.
Based on aggregated 13F filings for Q1 2017.