Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
30 hedge funds and large institutions have $100M invested in Invesco DB Gold Fund in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
7% more funds holding
Funds holding: 28 → 30 (+2)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
27% less capital invested
Capital invested by funds: $138M → $100M (-$37.5M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $430K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.49M |
| 2 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$1.76M |
| 3 |
Axa
Paris,
France
|
+$1.09M |
| 4 |
AssetMark Inc
Concord,
California
|
+$466K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$318K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$44.5M |
| 2 |
VF
Virtu Financial
New York
|
-$1.37M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$310K |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$210K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$74.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AG
26
Advisor Group
Phoenix,
Arizona
| $2K | – | – | – |
|
|
MOS
27
MGO One Seven
Beachwood,
Ohio
| $2K | +$1.83K | +45 | New |
|
|
IA
28
IndexIQ Advisors
New York
| $1K | -$310K | -7,642 | -100% |
|
|
PCG
29
Private Capital Group
West Hartford,
Connecticut
| $18 | +$7.67K | +189 | New |
|
|
30
Wolverine Trading
Chicago,
Illinois
| – | -$44.5M | -1,090,385 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$15K | -358 | Closed |
|
DGL Hedge Fund Activity: Q4 2017 in Review
30 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q4 2017, worth a combined $100M — down 27% from $138M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DGL positions and 2 closed out — a net gain of 2 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $3.49M. The largest seller was Wolverine Trading, exiting entirely with an estimated $44.5M sold.
- 30 institutional investors held Invesco DB Gold Fund (DGL) as of Q4 2017, up from 28 in Q3 2017.
- Funds reported $100M of Invesco DB Gold Fund stock for Q4 2017, down 27% quarter-over-quarter.
- 4 funds opened new Invesco DB Gold Fund positions in Q4 2017 and 2 closed out, a net change of +2 holders.
- The largest Invesco DB Gold Fund buyer in Q4 2017 was Jane Street, an estimated $3.49M added.
- The largest Invesco DB Gold Fund seller in Q4 2017 was Wolverine Trading, an estimated $44.5M sold.
Based on aggregated 13F filings for Q4 2017.