Invesco DB US Dollar Index Bearish Fund
UDN
27 hedge funds and large institutions have $10.7M invested in Invesco DB US Dollar Index Bearish Fund in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 5 closing their positions.
4.83% less ownership
Funds ownership: 21.27% → 16.44% (-4.8%)
10% less funds holding
Funds holding: 30 → 27 (-3)
26% less capital invested
Capital invested by funds: $14.4M → $10.7M (-$3.7M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.33M |
| 2 |
BF
BOK Financial
Tulsa,
Oklahoma
|
+$196K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$27.8K |
| 4 |
AIG
American International Group
New York
|
+$26.5K |
| 5 |
CA
CapWealth Advisors
Franklin,
Tennessee
|
+$13.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.77M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$1.1M |
| 3 |
Goldman Sachs
New York
|
-$643K |
| 4 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$343K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$342K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $2K | -$3.18K | -120 | -60% |
|
|
WA
27
WFG Advisors
Dallas,
Texas
| $1K | -$10.6K | -400 | -91% |
|
|
LPT
28
Legacy Private Trust
Neenah,
Wisconsin
| – | -$343K | -13,199 | Closed |
|
|
TH
29
Timber Hill
Greenwich,
Connecticut
| – | -$342K | -13,135 | Closed |
|
30
Creative Planning
Overland Park,
Kansas
| – | -$31K | -1,200 | Closed |
|
|
FHC
31
First Heartland Consultants
Lake St. Louis,
Missouri
| – | -$20K | -750 | Closed |
|
|
MIM
32
Macroview Investment Management
Bethesda,
Maryland
| – | -$8K | -290 | Closed |
|
UDN Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q3 2013, worth a combined $10.7M — down 26% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of UDN and 2 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.33M. The largest seller was Virtu Financial, cutting an estimated $2.77M.
- 27 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q3 2013, down from 30 in Q2 2013.
- Funds reported $10.7M of Invesco DB US Dollar Index Bearish Fund stock for Q3 2013, down 26% quarter-over-quarter.
- 2 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q3 2013 and 5 closed out, a net change of -3 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q3 2013 was Susquehanna International Group, an estimated $1.33M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q3 2013 was Virtu Financial, an estimated $2.77M sold.
Based on aggregated 13F filings for Q3 2013.