Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
33 hedge funds and large institutions have $65.5M invested in Invesco DB Gold Fund in 2020 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
10% more funds holding
Funds holding: 30 → 33 (+3)
9% more capital invested
Capital invested by funds: $60.4M → $65.5M (+$5.18M)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.34M |
| 2 |
Allianz Asset Management
Munich,
Germany
|
+$4.08M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$2.3M |
| 4 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.09M |
| 5 |
LPL Financial
San Diego,
California
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$6.97M |
| 2 |
Jane Street
New York
|
-$2.15M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.07M |
| 4 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$678K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$445K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
APA
26
American Portfolios Advisors
Holbrook,
New York
| $47.6K | +$48.6K | +860 | New |
|
|
PFS
27
Prospera Financial Services
Dallas,
Texas
| $28K | +$28.2K | +500 | New |
|
|
PCG
28
Private Capital Group
West Hartford,
Connecticut
| $24K | – | – | – |
|
|
CI
29
CX Institutional
Auburn,
Indiana
| $15K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $7K | – | – | – |
|
32
JP Morgan Chase
New York
| $7K | +$7.23K | +128 | New |
|
33
Citigroup
New York
| $3K | – | – | – |
|
|
MAM
34
Madison Asset Management
Madison,
Wisconsin
| – | -$6.97M | -131,000 | Closed |
|
|
PAG
35
Private Advisor Group
Morristown,
New Jersey
| – | -$6K | -110 | Closed |
|
DGL Hedge Fund Activity: Q3 2020 in Review
33 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q3 2020, worth a combined $65.5M — up 8.6% from $60.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DGL positions and 2 closed out — a net gain of 3 holders — while 6 added to existing stakes and 15 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $7.34M. The largest seller was Madison Asset Management, exiting entirely with an estimated $6.97M sold.
- 33 institutional investors held Invesco DB Gold Fund (DGL) as of Q3 2020, up from 30 in Q2 2020.
- Funds reported $65.5M of Invesco DB Gold Fund stock for Q3 2020, up 8.6% quarter-over-quarter.
- 5 funds opened new Invesco DB Gold Fund positions in Q3 2020 and 2 closed out, a net change of +3 holders.
- The largest Invesco DB Gold Fund buyer in Q3 2020 was Susquehanna International Group, an estimated $7.34M added.
- The largest Invesco DB Gold Fund seller in Q3 2020 was Madison Asset Management, an estimated $6.97M sold.
Based on aggregated 13F filings for Q3 2020.