Invesco DB US Dollar Index Bearish Fund
UDN
29 hedge funds and large institutions have $15.8M invested in Invesco DB US Dollar Index Bearish Fund in 2023 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
64% more call options, than puts
Call options by funds: $16M | Put options by funds: $9.78M
26% more funds holding
Funds holding: 23 → 29 (+6)
18% more capital invested
Capital invested by funds: $13.4M → $15.8M (+$2.38M)
4.13% more ownership
Funds ownership: 20.04% → 24.17% (+4.1%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$1.5M |
| 2 |
PWM
Perigon Wealth Management
San Francisco,
California
|
+$791K |
| 3 |
Morgan Stanley
New York
|
+$668K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$652K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$369K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$1.78M |
| 2 |
HT
HAP Trading
New York
|
-$443K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$367K |
| 4 |
CHC
City Holding Co
Charleston,
West Virginia
|
-$328K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| $7.98K | +$8.05K | +433 | New |
|
27
UBS Group
Zurich,
Switzerland
| $7.52K | -$30.6K | -1,646 | -80% |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $1K | +$930 | +50 | New |
|
29
Fidelity Investments
Boston,
Massachusetts
| $18 | +$19 | +1 | New |
|
|
FTUS
30
Flow Traders U.S.
New York
| – | -$1.78M | -96,807 | Closed |
|
|
HT
31
HAP Trading
New York
| – | -$443K | -23,800 | Closed |
|
|
ASN
32
Advisory Services Network
Atlanta,
Georgia
| – | -$367K | -20,000 | Closed |
|
|
CHC
33
City Holding Co
Charleston,
West Virginia
| – | -$328K | -17,874 | Closed |
|
UDN Hedge Fund Activity: Q4 2023 in Review
29 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q4 2023, worth a combined $15.8M — up 18% from $13.4M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new UDN positions and 4 closed out — a net gain of 6 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Empowered Funds, opening a new position worth an estimated $1.5M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $1.78M sold.
- 29 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q4 2023, up from 23 in Q3 2023.
- Funds reported $15.8M of Invesco DB US Dollar Index Bearish Fund stock for Q4 2023, up 18% quarter-over-quarter.
- 10 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q4 2023 and 4 closed out, a net change of +6 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q4 2023 was Empowered Funds, an estimated $1.5M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q4 2023 was Flow Traders U.S., an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2023.