Invesco DB US Dollar Index Bearish Fund
UDN
23 hedge funds and large institutions have $19.8M invested in Invesco DB US Dollar Index Bearish Fund in 2021 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 11 closing their positions.
87,600% more call options, than puts
Call options by funds: $1.75M | Put options by funds: $2K
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
0.44% less ownership
Funds ownership: 24.68% → 24.25% (-0.44%)
14% less capital invested
Capital invested by funds: $23.1M → $19.8M (-$3.31M)
18% less funds holding
Funds holding: 28 → 23 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.35M |
| 2 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$1.59M |
| 3 |
WI
Wintrust Investments
Chicago,
Illinois
|
+$1.11M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$831K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$766K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Altus Wealth Management
Ft Mitchell,
Kentucky
|
-$3.99M |
| 2 |
Morgan Stanley
New York
|
-$1.43M |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$1.27M |
| 4 |
LPL Financial
San Diego,
California
|
-$1.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$835K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LCP
26
Legacy Capital Partners
Milwaukee,
Wisconsin
| – | -$359K | -16,487 | Closed |
|
27
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$336K | -15,445 | Closed |
|
28
Wolverine Trading
Chicago,
Illinois
| – | -$292K | -13,600 | Closed |
|
|
AIP
29
Ahrens Investment Partners
Lafayette,
Louisiana
| – | -$229K | -10,500 | Closed |
|
|
USGIU
30
U.S. Global Investors (USGI)
San Antonio,
Texas
| – | -$218K | -10,000 | Closed |
|
|
CG
31
Cutler Group
San Francisco,
California
| – | -$43.2K | -2,011 | Closed |
|
|
TRCT
32
Tower Research Capital (TRC)
New York
| – | -$2K | -100 | Closed |
|
33
Fidelity Investments
Boston,
Massachusetts
| – | +$86 | +4 | New |
|
UDN Hedge Fund Activity: Q1 2021 in Review
23 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q1 2021, worth a combined $19.8M — down 14% from $23.1M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of UDN and 6 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Citadel Advisors, adding an estimated $3.35M. The largest seller was Altus Wealth Management, exiting entirely with an estimated $3.99M sold.
- 23 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q1 2021, down from 28 in Q4 2020.
- Funds reported $19.8M of Invesco DB US Dollar Index Bearish Fund stock for Q1 2021, down 14% quarter-over-quarter.
- 6 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q1 2021 and 11 closed out, a net change of -5 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q1 2021 was Citadel Advisors, an estimated $3.35M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q1 2021 was Altus Wealth Management, an estimated $3.99M sold.
Based on aggregated 13F filings for Q1 2021.