Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
28 hedge funds and large institutions have $82.4M invested in Invesco DB Gold Fund in 2019 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
12% more funds holding
Funds holding: 25 → 28 (+3)
5% more capital invested
Capital invested by funds: $78.7M → $82.4M (+$3.69M)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$9.74M |
| 2 |
VF
Virtu Financial
New York
|
+$7.26M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.06M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$3.31M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
+$2.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$23M |
| 2 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
-$1.47M |
| 3 |
Axa
Paris,
France
|
-$1.27M |
| 4 |
AssetMark Inc
Concord,
California
|
-$986K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$682K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $11K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $11K | +$10.3K | +229 | New |
|
28
Citigroup
New York
| $3K | – | – | – |
|
|
FTUS
29
Flow Traders U.S.
New York
| – | -$682K | -15,805 | Closed |
|
30
Citadel Advisors
Miami,
Florida
| – | -$270K | -6,249 | Closed |
|
DGL Hedge Fund Activity: Q3 2019 in Review
28 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q3 2019, worth a combined $82.4M — up 4.7% from $78.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DGL positions and 3 closed out — a net gain of 3 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Wells Fargo, adding an estimated $9.74M. The largest seller was Bank of New York Mellon, cutting an estimated $23M.
- 28 institutional investors held Invesco DB Gold Fund (DGL) as of Q3 2019, up from 25 in Q2 2019.
- Funds reported $82.4M of Invesco DB Gold Fund stock for Q3 2019, up 4.7% quarter-over-quarter.
- 6 funds opened new Invesco DB Gold Fund positions in Q3 2019 and 3 closed out, a net change of +3 holders.
- The largest Invesco DB Gold Fund buyer in Q3 2019 was Wells Fargo, an estimated $9.74M added.
- The largest Invesco DB Gold Fund seller in Q3 2019 was Bank of New York Mellon, an estimated $23M sold.
Based on aggregated 13F filings for Q3 2019.