Invesco DB US Dollar Index Bearish Fund
UDN
23 hedge funds and large institutions have $13.4M invested in Invesco DB US Dollar Index Bearish Fund in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 10 increasing their positions, 4 reducing their positions, and 7 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 4
34% more call options, than puts
Call options by funds: $16.5M | Put options by funds: $12.4M
6% more capital invested
Capital invested by funds: $12.7M → $13.4M (+$769K)
3.81% more ownership
Funds ownership: 16.23% → 20.04% (+3.8%)
8% less funds holding
Funds holding: 25 → 23 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$1.82M |
| 2 |
Jane Street
New York
|
+$538K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$400K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$377K |
| 5 |
FGA
Fortis Group Advisors
Westwood,
New Jersey
|
+$226K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$577K |
| 2 |
LPL Financial
San Diego,
California
|
-$402K |
| 3 |
GS
GTS Securities
New York
|
-$338K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$338K |
| 5 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
-$332K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$338K | -17,939 | Closed |
|
|
KWA
27
Kingswood Wealth Advisors
San Diego,
California
| – | -$332K | -17,624 | Closed |
|
|
S
28
SignatureFD
Atlanta,
Georgia
| – | -$237K | -12,604 | Closed |
|
29
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$207K | -10,999 | Closed |
|
30
Belvedere Trading
Chicago,
Illinois
| – | -$48.4K | -2,569 | Closed |
|
UDN Hedge Fund Activity: Q3 2023 in Review
23 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q3 2023, worth a combined $13.4M — up 6.1% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of UDN and 5 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 10 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $1.82M. The largest seller was Perigon Wealth Management, exiting entirely with an estimated $577K sold.
- 23 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q3 2023, down from 25 in Q2 2023.
- Funds reported $13.4M of Invesco DB US Dollar Index Bearish Fund stock for Q3 2023, up 6.1% quarter-over-quarter.
- 5 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q3 2023 was Flow Traders U.S., an estimated $1.82M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q3 2023 was Perigon Wealth Management, an estimated $577K sold.
Based on aggregated 13F filings for Q3 2023.