Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
28 hedge funds and large institutions have $138M invested in Invesco DB Gold Fund in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
50% more capital invested
Capital invested by funds: $91.9M → $138M (+$46M)
8% more funds holding
Funds holding: 26 → 28 (+2)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $424K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$44.4M |
| 2 |
AssetMark Inc
Concord,
California
|
+$1.42M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.23M |
| 4 |
Jane Street
New York
|
+$591K |
| 5 |
Axa
Paris,
France
|
+$337K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
-$2.1M |
| 2 |
VF
Virtu Financial
New York
|
-$1.16M |
| 3 |
BSAM
Blue Sky Asset Management
Greenwood Village,
Colorado
|
-$660K |
| 4 |
Goldman Sachs
New York
|
-$523K |
| 5 |
VIA
Virtus Investment Advisers
Hartford,
Connecticut
|
-$365K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $15K | +$14.6K | +358 | New |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
28
Goldman Sachs
New York
| – | -$523K | -13,191 | Closed |
|
29
1832 Asset Management
Toronto,
Ontario, Canada
| – | -$41K | -1,027 | Closed |
|
DGL Hedge Fund Activity: Q3 2017 in Review
28 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q3 2017, worth a combined $138M — up 50% from $91.9M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DGL positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $44.4M. The largest seller was Madison Investment Holdings, cutting an estimated $2.1M.
- 28 institutional investors held Invesco DB Gold Fund (DGL) as of Q3 2017, up from 26 in Q2 2017.
- Funds reported $138M of Invesco DB Gold Fund stock for Q3 2017, up 50% quarter-over-quarter.
- 4 funds opened new Invesco DB Gold Fund positions in Q3 2017 and 2 closed out, a net change of +2 holders.
- The largest Invesco DB Gold Fund buyer in Q3 2017 was Wolverine Trading, an estimated $44.4M added.
- The largest Invesco DB Gold Fund seller in Q3 2017 was Madison Investment Holdings, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2017.