Invesco DB US Dollar Index Bearish Fund
UDN
23 hedge funds and large institutions have $14.1M invested in Invesco DB US Dollar Index Bearish Fund in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 10 closing their positions.
3,542% more call options, than puts
Call options by funds: $1.38M | Put options by funds: $38K
1.4% less ownership
Funds ownership: 24.17% → 22.77% (-1.4%)
11% less capital invested
Capital invested by funds: $15.8M → $14.1M (-$1.68M)
21% less funds holding
Funds holding: 29 → 23 (-6)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DWA
Delos Wealth Advisors
Dallas,
Texas
|
+$1.14M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$886K |
| 3 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$483K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$450K |
| 5 |
Jane Street
New York
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$1.49M |
| 2 |
Morgan Stanley
New York
|
-$1.25M |
| 3 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$784K |
| 4 |
GS
GTS Securities
New York
|
-$342K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$254K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Citadel Advisors
Miami,
Florida
| – | -$254K | -14,055 | Closed |
|
27
TD Asset Management
Toronto,
Ontario, Canada
| – | -$222K | -12,041 | Closed |
|
|
FGA
28
Fortis Group Advisors
Westwood,
New Jersey
| – | -$225K | -12,000 | Closed |
|
29
Belvedere Trading
Chicago,
Illinois
| – | -$164K | -8,900 | Closed |
|
|
RFA
30
Resurgent Financial Advisors
Atlanta,
Georgia
| – | -$46.5K | -2,525 | Closed |
|
|
CG
31
Cutler Group
San Francisco,
California
| – | -$12.6K | -696 | Closed |
|
|
WPWM
32
Western Pacific Wealth Management
Lake Forest,
Illinois
| – | -$9.21K | -500 | Closed |
|
33
Fidelity Investments
Boston,
Massachusetts
| – | -$18 | -1 | Closed |
|
UDN Hedge Fund Activity: Q1 2024 in Review
23 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q1 2024, worth a combined $14.1M — down 11% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of UDN and 4 opened new positions — a net loss of 6 holders — while 8 trimmed existing stakes and 6 added.
The largest buyer was Delos Wealth Advisors, opening a new position worth an estimated $1.14M. The largest seller was Empowered Funds, exiting entirely with an estimated $1.49M sold.
- 23 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q1 2024, down from 29 in Q4 2023.
- Funds reported $14.1M of Invesco DB US Dollar Index Bearish Fund stock for Q1 2024, down 11% quarter-over-quarter.
- 4 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q1 2024 and 10 closed out, a net change of -6 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q1 2024 was Delos Wealth Advisors, an estimated $1.14M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q1 2024 was Empowered Funds, an estimated $1.49M sold.
Based on aggregated 13F filings for Q1 2024.