Invesco DB US Dollar Index Bearish Fund
UDN
29 hedge funds and large institutions have $19M invested in Invesco DB US Dollar Index Bearish Fund in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 7 closing their positions.
269% more call options, than puts
Call options by funds: $32.6M | Put options by funds: $8.83M
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
20% more capital invested
Capital invested by funds: $15.8M → $19M (+$3.21M)
12% more funds holding
Funds holding: 26 → 29 (+3)
8.3% more ownership
Funds ownership: 15.84% → 24.14% (+8.3%)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NFG
Northeast Financial Group
Tannersville,
Pennsylvania
|
+$2.22M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.09M |
| 3 |
HF
HRT Financial
New York
|
+$2.06M |
| 4 |
Jane Street
New York
|
+$2.02M |
| 5 |
PWM
Perigon Wealth Management
San Francisco,
California
|
+$923K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.39M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$1.55M |
| 3 |
Morgan Stanley
New York
|
-$1.3M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$1.03M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$884K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AA
26
AlphaMark Advisors
Ft. Wright,
Kentucky
| $16K | – | – | – |
|
27
Group One Trading
Chicago,
Illinois
| $5.72K | -$451K | -24,304 | -99% |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $3.78K | – | – | – |
|
|
29
Simplex Trading
Chicago,
Illinois
| – | -$1.55M | -84,069 | Closed |
|
|
FTUS
30
Flow Traders U.S.
New York
| – | -$1.03M | -55,872 | Closed |
|
|
31
Wolverine Trading
Chicago,
Illinois
| – | -$884K | -47,804 | Closed |
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$284K | -15,318 | Closed |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| – | -$140K | -7,580 | Closed |
|
|
CG
34
Cutler Group
San Francisco,
California
| – | -$27.3K | -1,471 | -99% |
|
|
DRS
35
Deane Retirement Strategies
New Orleans,
Louisiana
| – | -$7.83K | -423 | Closed |
|
|
IA
36
IFP Advisors
Tampa,
Florida
| – | -$3K | -150 | Closed |
|
UDN Hedge Fund Activity: Q1 2023 in Review
29 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q1 2023, worth a combined $19M — up 20% from $15.8M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new UDN positions and 7 closed out — a net gain of 3 holders — while 4 added to existing stakes and 8 trimmed.
The largest buyer was Northeast Financial Group, opening a new position worth an estimated $2.22M. The largest seller was Bank of America, cutting an estimated $2.39M.
- 29 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q1 2023, up from 26 in Q4 2022.
- Funds reported $19M of Invesco DB US Dollar Index Bearish Fund stock for Q1 2023, up 20% quarter-over-quarter.
- 10 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q1 2023 and 7 closed out, a net change of +3 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q1 2023 was Northeast Financial Group, an estimated $2.22M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q1 2023 was Bank of America, an estimated $2.39M sold.
Based on aggregated 13F filings for Q1 2023.