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Invesco DB US Dollar Index Bearish Fund

25 hedge funds and large institutions have $12.7M invested in Invesco DB US Dollar Index Bearish Fund in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

193% more call options, than puts

Call options by funds: $25.3M | Put options by funds: $8.64M

7.91% less ownership

Funds ownership: 24.14%16.23% (-7.9%)

14% less funds holding

Funds holding: 2925 (-4)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

33% less capital invested

Capital invested by funds: $19M → $12.7M (-$6.37M)

64% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 11

Holders
25
Holders Change
-4
Holders Change %
-13.79%
% of All Funds
0.39%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
4
Reduced
11
Closed
10
Calls
$25.3M
Puts
$8.64M
Net Calls
+$16.7M
Net Calls Change
-$7.04M
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$3.1M -$396K -21,042 -11%
SFS
2
Sowell Financial Services
Arkansas
$1.32M +$1.33M +70,461 New
NFG
3
Northeast Financial Group
Pennsylvania
$1.21M -$1.04M -55,377 -46%
Morgan Stanley
4
Morgan Stanley
New York
$880K -$459K -24,343 -34%
GS
5
GTS Securities
New York
$778K +$779K +41,369 New
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$715K +$716K +38,018 New
PWM
7
Perigon Wealth Management
California
$577K -$1.14M -60,302 -66%
Bank of America
8
Bank of America
North Carolina
$551K -$306K -16,267 -36%
HT
9
HAP Trading
New York
$433K -$151K -8,000 -26%
CCB
10
Cutter & Co Brokerage
Missouri
$405K -$11.3K -600 -3%
LPL Financial
11
LPL Financial
California
$402K +$403K +21,382 New
PVI
12
Pine Valley Investments
New Jersey
$340K -$3.77K -200 -1%
Citadel Advisors
13
Citadel Advisors
Florida
$337K -$216K -11,451 -39%
CHC
14
City Holding Co
West Virginia
$336K +$337K +17,874 New
KWA
15
Kingswood Wealth Advisors
California
$332K +$332K +17,624 New
S
16
SignatureFD
Georgia
$237K
CAPTRUST Financial Advisors
17
CAPTRUST Financial Advisors
North Carolina
$207K +$1.88K +100 +0.9%
Osaic Holdings
18
Osaic Holdings
Arizona
$145K -$68.3K -3,625 -32%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$141K +$21.2K +1,125 +18%
SWM
20
Spire Wealth Management
Virginia
$92.1K
Belvedere Trading
21
Belvedere Trading
Illinois
$48.3K -$6.24K -331 -11%
UBS Group
22
UBS Group
Switzerland
$33.1K +$12.6K +668 +61%
RA
23
Rise Advisors
New York
$20.8K
CG
24
Cutler Group
California
$15K +$15.1K +800 +5,000%
WPWM
25
Western Pacific Wealth Management
Illinois
$9.4K +$9.42K +500 New

UDN Hedge Fund Activity: Q2 2023 in Review

25 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q2 2023, worth a combined $12.7M — down 33% from $19M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of UDN and 7 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 4 added.

The largest buyer was Sowell Financial Services, opening a new position worth an estimated $1.33M. The largest seller was Raymond James Financial Services Advisors, exiting entirely with an estimated $2.11M sold.

  • 25 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q2 2023, down from 29 in Q1 2023.
  • Funds reported $12.7M of Invesco DB US Dollar Index Bearish Fund stock for Q2 2023, down 33% quarter-over-quarter.
  • 7 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q2 2023 and 10 closed out, a net change of -3 holders.
  • The largest Invesco DB US Dollar Index Bearish Fund buyer in Q2 2023 was Sowell Financial Services, an estimated $1.33M added.
  • The largest Invesco DB US Dollar Index Bearish Fund seller in Q2 2023 was Raymond James Financial Services Advisors, an estimated $2.11M sold.

Based on aggregated 13F filings for Q2 2023.