Invesco DB Gold Fund
DGL was delisted on the 3rd of March, 2023.
27 hedge funds and large institutions have $51.5M invested in Invesco DB Gold Fund in 2021 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 5 closing their positions.
4% less funds holding
Funds holding: 28 → 27 (-1)
9% less capital invested
Capital invested by funds: $56.8M → $51.5M (-$5.3M)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWM
Kingsview Wealth Management
Grants Pass,
Oregon
|
+$6.88M |
| 2 |
Jane Street
New York
|
+$1.25M |
| 3 |
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
|
+$1.03M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$969K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$222K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Belvedere Trading
Chicago,
Illinois
|
-$1.82M |
| 2 |
Aviva
London,
United Kingdom
|
-$1.54M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$1.46M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.41M |
| 5 |
DPIM
Duff & Phelps Investment Management
Chicago,
Illinois
|
-$857K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Fifth Third Bancorp
Cincinnati,
Ohio
| $3K | +$2.86K | +55 | New |
|
|
HI
27
Harbour Investments
Madison,
Wisconsin
| $2K | +$2.44K | +47 | New |
|
|
28
Belvedere Trading
Chicago,
Illinois
| – | -$1.82M | -32,800 | Closed |
|
|
VAIA
29
Virtus Alternative Investment Advisers
Hartford,
Connecticut
| – | -$1.64M | -29,703 | Closed |
|
|
IA
30
IndexIQ Advisors
New York
| – | -$1.46M | -26,333 | Closed |
|
|
OC
31
Oppenheimer & Co
New York
| – | -$726K | -13,108 | Closed |
|
|
CI
32
CX Institutional
Auburn,
Indiana
| – | -$15K | -263 | Closed |
|
DGL Hedge Fund Activity: Q1 2021 in Review
27 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Invesco DB Gold Fund (DGL) for Q1 2021, worth a combined $51.5M — down 9.3% from $56.8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DGL and 4 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Kingsview Wealth Management, opening a new position worth an estimated $6.88M. The largest seller was Belvedere Trading, exiting entirely with an estimated $1.82M sold.
- 27 institutional investors held Invesco DB Gold Fund (DGL) as of Q1 2021, down from 28 in Q4 2020.
- Funds reported $51.5M of Invesco DB Gold Fund stock for Q1 2021, down 9.3% quarter-over-quarter.
- 4 funds opened new Invesco DB Gold Fund positions in Q1 2021 and 5 closed out, a net change of -1 holder.
- The largest Invesco DB Gold Fund buyer in Q1 2021 was Kingsview Wealth Management, an estimated $6.88M added.
- The largest Invesco DB Gold Fund seller in Q1 2021 was Belvedere Trading, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2021.