Invesco DB US Dollar Index Bearish Fund
UDN
28 hedge funds and large institutions have $17.6M invested in Invesco DB US Dollar Index Bearish Fund in 2020 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 2 reducing their positions, and 4 closing their positions.
350% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 2
296% more call options, than puts
Call options by funds: $1.43M | Put options by funds: $361K
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
75% more capital invested
Capital invested by funds: $10.1M → $17.6M (+$7.52M)
22% more funds holding
Funds holding: 23 → 28 (+5)
0.31% more ownership
Funds ownership: 20.74% → 21.05% (+0.31%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Altus Wealth Management
Ft Mitchell,
Kentucky
|
+$3.79M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$2.05M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$977K |
| 4 |
LPL Financial
San Diego,
California
|
+$896K |
| 5 |
Morgan Stanley
New York
|
+$709K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$1.48M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$929K |
| 3 |
AIP
Ahrens Investment Partners
Lafayette,
Louisiana
|
-$407K |
| 4 |
Goldman Sachs
New York
|
-$212K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$125K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCM
26
Firestone Capital Management
Coral Gables,
Florida
| $10K | – | – | – |
|
|
27
Bank of America
Charlotte,
North Carolina
| $4K | -$929K | -44,420 | -100% |
|
|
JIP
28
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$1.48M | -73,309 | Closed |
|
|
AIP
29
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$407K | -20,100 | Closed |
|
|
30
Goldman Sachs
New York
| – | -$212K | -10,468 | Closed |
|
|
YAL
31
Your Advocates Ltd
Houston,
Texas
| – | -$34K | -1,683 | Closed |
|
UDN Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q3 2020, worth a combined $17.6M — up 75% from $10.1M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new UDN positions and 4 closed out — a net gain of 5 holders — while 9 added to existing stakes and 2 trimmed.
The largest buyer was Altus Wealth Management, opening a new position worth an estimated $3.79M. The largest seller was Jaffetilchin Investment Partners, exiting entirely with an estimated $1.48M sold.
- 28 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q3 2020, up from 23 in Q2 2020.
- Funds reported $17.6M of Invesco DB US Dollar Index Bearish Fund stock for Q3 2020, up 75% quarter-over-quarter.
- 9 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q3 2020 and 4 closed out, a net change of +5 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q3 2020 was Altus Wealth Management, an estimated $3.79M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q3 2020 was Jaffetilchin Investment Partners, an estimated $1.48M sold.
Based on aggregated 13F filings for Q3 2020.