Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
29 hedge funds and large institutions have $116M invested in Invesco DB Gold Fund in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 5 closing their positions.
57% more capital invested
Capital invested by funds: $74.2M → $116M (+$42M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less funds holding
Funds holding: 31 → 29 (-2)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $48K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$42.4M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$2.9M |
| 3 |
MIH
Madison Investment Holdings
Madison,
Wisconsin
|
+$762K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$54.9K |
| 5 |
Axa
Paris,
France
|
+$30.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.42M |
| 2 |
AssetMark Inc
Concord,
California
|
-$908K |
| 3 |
IA
IndexIQ Advisors
New York
|
-$709K |
| 4 |
Jane Street
New York
|
-$390K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$313K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWP
26
Ascent Wealth Partners
New Hartford,
New York
| $3K | +$2.81K | +70 | New |
|
27
Citigroup
New York
| $2K | – | – | – |
|
|
IA
28
IndexIQ Advisors
New York
| $1K | -$709K | -17,682 | -100% |
|
|
VF
29
Virtu Financial
New York
| – | -$1.42M | -35,828 | Closed |
|
|
30
Jane Street
New York
| – | -$390K | -9,868 | Closed |
|
|
FTUS
31
Flow Traders U.S.
New York
| – | -$313K | -7,912 | Closed |
|
32
SEI Investments
Oaks,
Pennsylvania
| – | -$117K | -2,892 | Closed |
|
33
Parallax Volatility Advisers
San Francisco,
California
| – | -$5.69K | -142 | -99% |
|
|
MOS
34
MGO One Seven
Beachwood,
Ohio
| – | -$1K | -45 | Closed |
|
DGL Hedge Fund Activity: Q1 2019 in Review
29 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q1 2019, worth a combined $116M — up 57% from $74.2M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DGL and 3 opened new positions — a net loss of 2 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $42.4M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.42M sold.
- 29 institutional investors held Invesco DB Gold Fund (DGL) as of Q1 2019, down from 31 in Q4 2018.
- Funds reported $116M of Invesco DB Gold Fund stock for Q1 2019, up 57% quarter-over-quarter.
- 3 funds opened new Invesco DB Gold Fund positions in Q1 2019 and 5 closed out, a net change of -2 holders.
- The largest Invesco DB Gold Fund buyer in Q1 2019 was Wolverine Trading, an estimated $42.4M added.
- The largest Invesco DB Gold Fund seller in Q1 2019 was Virtu Financial, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2019.