Invesco DB US Dollar Index Bearish Fund
UDN
27 hedge funds and large institutions have $9.26M invested in Invesco DB US Dollar Index Bearish Fund in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
4% more funds holding
Funds holding: 26 → 27 (+1)
8.1% less ownership
Funds ownership: 23.67% → 15.57% (-8.1%)
40% less capital invested
Capital invested by funds: $15.4M → $9.26M (-$6.11M)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$400K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$199K |
| 3 |
Morgan Stanley
New York
|
+$30.5K |
| 4 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$19.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.98M |
| 2 |
VF
Virtu Financial
New York
|
-$2.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.01M |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$150K |
| 5 |
CWM
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
|
-$115K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $1K | – | – | – |
|
|
CWM
27
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | -$115K | -4,263 | Closed |
|
28
Ameriprise
Minneapolis,
Minnesota
| – | -$2K | -86 | Closed |
|
UDN Hedge Fund Activity: Q1 2014 in Review
27 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q1 2014, worth a combined $9.26M — down 40% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new UDN positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Timber Hill, opening a new position worth an estimated $400K. The largest seller was Bank of America, cutting an estimated $2.98M.
- 27 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q1 2014, up from 26 in Q4 2013.
- Funds reported $9.26M of Invesco DB US Dollar Index Bearish Fund stock for Q1 2014, down 40% quarter-over-quarter.
- 3 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q1 2014 was Timber Hill, an estimated $400K added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q1 2014 was Bank of America, an estimated $2.98M sold.
Based on aggregated 13F filings for Q1 2014.