Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
25 hedge funds and large institutions have $56.7M invested in Invesco DB Gold Fund in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 12 reducing their positions, and 4 closing their positions.
11% less funds holding
Funds holding: 28 → 25 (-3)
31% less capital invested
Capital invested by funds: $82.4M → $56.7M (-$25.7M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
67% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 12
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $824K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$93.7K |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$54.2K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$10.6K |
| 4 |
Citigroup
New York
|
+$45 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of New York Mellon
New York
|
-$13.6M |
| 2 |
Axa
Paris,
France
|
-$7.41M |
| 3 |
VF
Virtu Financial
New York
|
-$6.65M |
| 4 |
IA
IndexIQ Advisors
New York
|
-$2.05M |
| 5 |
AssetMark Inc
Concord,
California
|
-$1.65M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of New York Mellon
New York
| – | -$13.6M | -303,573 | Closed |
|
|
27
Axa
Paris,
France
| – | -$7.41M | -164,925 | Closed |
|
|
28
AssetMark Inc
Concord,
California
| – | -$1.65M | -36,746 | Closed |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$11K | -235 | Closed |
|
DGL Hedge Fund Activity: Q4 2019 in Review
25 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q4 2019, worth a combined $56.7M — down 31% from $82.4M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DGL and 2 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 4 added.
The largest buyer was Morgan Stanley, adding an estimated $93.7K. The largest seller was Bank of New York Mellon, exiting entirely with an estimated $13.6M sold.
- 25 institutional investors held Invesco DB Gold Fund (DGL) as of Q4 2019, down from 28 in Q3 2019.
- Funds reported $56.7M of Invesco DB Gold Fund stock for Q4 2019, down 31% quarter-over-quarter.
- 2 funds opened new Invesco DB Gold Fund positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest Invesco DB Gold Fund buyer in Q4 2019 was Morgan Stanley, an estimated $93.7K added.
- The largest Invesco DB Gold Fund seller in Q4 2019 was Bank of New York Mellon, an estimated $13.6M sold.
Based on aggregated 13F filings for Q4 2019.