Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
28 hedge funds and large institutions have $56.8M invested in Invesco DB Gold Fund in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 10 reducing their positions, and 10 closing their positions.
13% less capital invested
Capital invested by funds: $65.5M → $56.8M (-$8.72M)
15% less funds holding
Funds holding: 33 → 28 (-5)
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
50% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Aviva
London,
United Kingdom
|
+$6.04M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$5.52M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$2.34M |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$1.8M |
| 5 |
VAIA
Virtus Alternative Investment Advisers
Hartford,
Connecticut
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.11M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.78M |
| 3 |
Allianz Asset Management
Munich,
Germany
|
-$4M |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$3.93M |
| 5 |
DWA
Dorsey Wright & Associates
Pasadena,
California
|
-$2.08M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | – | – | – |
|
|
IA
27
IFP Advisors
Tampa,
Florida
| $7K | – | – | – |
|
28
Citigroup
New York
| $3K | – | – | – |
|
|
29
Allianz Asset Management
Munich,
Germany
| – | -$4M | -72,172 | Closed |
|
|
30
Ameriprise
Minneapolis,
Minnesota
| – | -$3.93M | -71,000 | Closed |
|
|
DWA
31
Dorsey Wright & Associates
Pasadena,
California
| – | -$2.08M | -37,516 | Closed |
|
|
QA
32
Quantitative Advantage
Minnetonka,
Minnesota
| – | -$1.26M | -22,826 | Closed |
|
|
RIM
33
Rampart Investment Management
Hartford,
Connecticut
| – | -$1.18M | -21,387 | Closed |
|
34
Mercer Global Advisors
Denver,
Colorado
| – | -$371K | -6,707 | Closed |
|
|
FHA
35
Flagship Harbor Advisors
Boston,
Massachusetts
| – | -$190K | -3,450 | Closed |
|
|
APA
36
American Portfolios Advisors
Holbrook,
New York
| – | -$47.6K | -860 | Closed |
|
|
PFS
37
Prospera Financial Services
Dallas,
Texas
| – | -$28K | -500 | Closed |
|
38
JP Morgan Chase
New York
| – | -$7K | -128 | Closed |
|
DGL Hedge Fund Activity: Q4 2020 in Review
28 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q4 2020, worth a combined $56.8M — down 13% from $65.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DGL and 5 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 5 added.
The largest buyer was Aviva, opening a new position worth an estimated $6.04M. The largest seller was Wells Fargo, cutting an estimated $8.11M.
- 28 institutional investors held Invesco DB Gold Fund (DGL) as of Q4 2020, down from 33 in Q3 2020.
- Funds reported $56.8M of Invesco DB Gold Fund stock for Q4 2020, down 13% quarter-over-quarter.
- 5 funds opened new Invesco DB Gold Fund positions in Q4 2020 and 10 closed out, a net change of -5 holders.
- The largest Invesco DB Gold Fund buyer in Q4 2020 was Aviva, an estimated $6.04M added.
- The largest Invesco DB Gold Fund seller in Q4 2020 was Wells Fargo, an estimated $8.11M sold.
Based on aggregated 13F filings for Q4 2020.