Invesco DB US Dollar Index Bearish Fund
UDN
14 hedge funds and large institutions have $10.3M invested in Invesco DB US Dollar Index Bearish Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 3 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
49% more capital invested
Capital invested by funds: $6.93M → $10.3M (+$3.37M)
7.65% more ownership
Funds ownership: 20.68% → 28.33% (+7.6%)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
99% less call options, than puts
Call options by funds: $10K | Put options by funds: $787K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.73M |
| 2 |
KCM
Karp Capital Management
Sausalito,
California
|
+$931K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$456K |
| 4 |
Jane Street
New York
|
+$358K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$348K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$217K |
| 2 |
Barclays
London,
United Kingdom
|
-$53.6K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.48K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Wells Fargo
San Francisco,
California
| $3.67M | +$456K | +22,218 | +14% |
|
|
VF
2
Virtu Financial
New York
| $2.37M | +$1.73M | +84,419 | +256% |
|
|
3
Morgan Stanley
New York
| $1.35M | -$217K | -10,587 | -14% |
|
|
KCM
4
Karp Capital Management
Sausalito,
California
| $917K | +$931K | +45,400 | New |
|
|
WAM
5
Wakefield Asset Management
Englewood,
Colorado
| $697K | +$29.6K | +1,443 | +4% |
|
|
AA
6
Ancora Advisors
Cleveland,
Ohio
| $406K | – | – | – |
|
|
7
Jane Street
New York
| $352K | +$358K | +17,432 | New |
|
|
8
Citadel Advisors
Miami,
Florida
| $343K | +$348K | +16,959 | New |
|
9
Simplex Trading
Chicago,
Illinois
| $71K | +$32.8K | +1,599 | +83% |
|
10
UBS Group
Zurich,
Switzerland
| $66K | +$61.4K | +2,991 | +1,028% |
|
|
11
Barclays
London,
United Kingdom
| $45K | -$53.6K | -2,611 | -54% |
|
|
12
Bank of America
Charlotte,
North Carolina
| $8K | -$2.48K | -121 | -22% |
|
|
SIM
13
Sonora Investment Management
Tucson,
Arizona
| $4K | – | – | – |
|
14
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2K | – | – | – |
|
|
15
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -100 | Closed |
|
UDN Hedge Fund Activity: Q3 2019 in Review
14 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q3 2019, worth a combined $10.3M — up 49% from $6.93M a quarter earlier.
Fund positioning in UDN was balanced in Q3 2019: 3 funds opened new positions, 3 closed out, 5 added to existing stakes and 3 trimmed.
The largest buyer was Virtu Financial, adding an estimated $1.73M. The largest seller was Morgan Stanley, cutting an estimated $217K.
- 14 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $10.3M of Invesco DB US Dollar Index Bearish Fund stock for Q3 2019, up 49% quarter-over-quarter.
- 3 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q3 2019 and 3 closed out, a net change of 0 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q3 2019 was Virtu Financial, an estimated $1.73M added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q3 2019 was Morgan Stanley, an estimated $217K sold.
Based on aggregated 13F filings for Q3 2019.