Invesco DB US Dollar Index Bearish Fund
UDN
26 hedge funds and large institutions have $15.4M invested in Invesco DB US Dollar Index Bearish Fund in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
44% more capital invested
Capital invested by funds: $10.7M → $15.4M (+$4.69M)
7.24% more ownership
Funds ownership: 16.44% → 23.67% (+7.2%)
4% less funds holding
Funds holding: 27 → 26 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.86M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$621K |
| 3 |
U
UBS
Zurich,
Switzerland
|
+$412K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$70.5K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$189 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$237K |
| 2 |
BFEC
Benjamin F. Edwards & Company
St. Louis,
Missouri
|
-$52K |
| 3 |
Barclays
London,
United Kingdom
|
-$45.1K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$25.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.64K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BFEC
26
Benjamin F. Edwards & Company
St. Louis,
Missouri
| – | -$52K | -1,915 | Closed |
|
27
Citigroup
New York
| – | -$5K | -180 | Closed |
|
28
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -80 | Closed |
|
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$189 | +7 | New |
|
UDN Hedge Fund Activity: Q4 2013 in Review
26 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q4 2013, worth a combined $15.4M — up 44% from $10.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of UDN and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, adding an estimated $3.86M. The largest seller was Bank of America, cutting an estimated $237K.
- 26 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q4 2013, down from 27 in Q3 2013.
- Funds reported $15.4M of Invesco DB US Dollar Index Bearish Fund stock for Q4 2013, up 44% quarter-over-quarter.
- 2 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q4 2013 was Virtu Financial, an estimated $3.86M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q4 2013 was Bank of America, an estimated $237K sold.
Based on aggregated 13F filings for Q4 2013.