Invesco DB US Dollar Index Bearish Fund
UDN
23 hedge funds and large institutions have $7.17M invested in Invesco DB US Dollar Index Bearish Fund in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 8 closing their positions.
554% more call options, than puts
Call options by funds: $157K | Put options by funds: $24K
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
15% less funds holding
Funds holding: 27 → 23 (-4)
22.66% less ownership
Funds ownership: 39.38% → 16.73% (-23%)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
59% less capital invested
Capital invested by funds: $17.3M → $7.17M (-$10.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.84M |
| 2 |
Morgan Stanley
New York
|
+$1.25M |
| 3 |
Jane Street
New York
|
+$231K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$136K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$40.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$11.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.5M |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$215K |
| 4 |
GMA
Goldstein Munger & Associates
San Ramon,
California
|
-$207K |
| 5 |
Barclays
London,
United Kingdom
|
-$132K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
26
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| – | -$94K | -4,263 | Closed |
|
|
AP
27
Advisors Preferred
Rockville,
Maryland
| – | -$26K | -1,184 | Closed |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| – | -$8K | -365 | Closed |
|
|
RIA
29
Regal Investment Advisors
Kentwood,
Michigan
| – | -$3K | -168 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$2.01K | -93 | Closed |
|
UDN Hedge Fund Activity: Q4 2015 in Review
23 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q4 2015, worth a combined $7.17M — down 59% from $17.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of UDN and 4 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 7 added.
The largest buyer was Virtu Financial, adding an estimated $3.84M. The largest seller was SG Americas Securities, exiting entirely with an estimated $11.4M sold.
- 23 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q4 2015, down from 27 in Q3 2015.
- Funds reported $7.17M of Invesco DB US Dollar Index Bearish Fund stock for Q4 2015, down 59% quarter-over-quarter.
- 4 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q4 2015 and 8 closed out, a net change of -4 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q4 2015 was Virtu Financial, an estimated $3.84M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q4 2015 was SG Americas Securities, an estimated $11.4M sold.
Based on aggregated 13F filings for Q4 2015.