Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
25 hedge funds and large institutions have $78.7M invested in Invesco DB Gold Fund in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 7 closing their positions.
14% less funds holding
Funds holding: 29 → 25 (-4)
32% less capital invested
Capital invested by funds: $116M → $78.7M (-$37.5M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIM
Rampart Investment Management
Hartford,
Connecticut
|
+$1.64M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$634K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$251K |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
+$190K |
| 5 |
AssetMark Inc
Concord,
California
|
+$82.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$41.9M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$3.2M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.95M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$397K |
| 5 |
Axa
Paris,
France
|
-$162K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Wolverine Trading
Chicago,
Illinois
| – | -$41.9M | -1,056,753 | Closed |
|
|
BSAM
27
Blue Sky Asset Management
Greenwood Village,
Colorado
| – | -$477K | -12,012 | Closed |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$397K | -10,015 | Closed |
|
29
SG Americas Securities
New York
| – | -$116K | -2,912 | Closed |
|
30
JP Morgan Chase
New York
| – | -$90K | -2,259 | Closed |
|
|
AWP
31
Ascent Wealth Partners
New Hartford,
New York
| – | -$3K | -70 | Closed |
|
DGL Hedge Fund Activity: Q2 2019 in Review
25 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q2 2019, worth a combined $78.7M — down 32% from $116M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DGL and 4 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Rampart Investment Management, opening a new position worth an estimated $1.64M. The largest seller was Wolverine Trading, exiting entirely with an estimated $41.9M sold.
- 25 institutional investors held Invesco DB Gold Fund (DGL) as of Q2 2019, down from 29 in Q1 2019.
- Funds reported $78.7M of Invesco DB Gold Fund stock for Q2 2019, down 32% quarter-over-quarter.
- 4 funds opened new Invesco DB Gold Fund positions in Q2 2019 and 7 closed out, a net change of -3 holders.
- The largest Invesco DB Gold Fund buyer in Q2 2019 was Rampart Investment Management, an estimated $1.64M added.
- The largest Invesco DB Gold Fund seller in Q2 2019 was Wolverine Trading, an estimated $41.9M sold.
Based on aggregated 13F filings for Q2 2019.