Invesco DB US Dollar Index Bearish Fund
UDN
30 hedge funds and large institutions have $28.6M invested in Invesco DB US Dollar Index Bearish Fund in 2026 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 9 closing their positions.
0.47% more ownership
Funds ownership: 25.7% → 26.16% (+0.47%)
19% less funds holding
Funds holding: 37 → 30 (-7)
23% less capital invested
Capital invested by funds: $37.2M → $28.6M (-$8.67M)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$704K |
| 2 |
Group One Trading
Chicago,
Illinois
|
+$238K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$173K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$172K |
| 5 |
BCA
Bay Colony Advisors
Concord,
Massachusetts
|
+$171K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWAU
Alliance Wealth Advisors (Utah)
Centerville,
Utah
|
-$2.59M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.03M |
| 3 |
Jane Street
New York
|
-$903K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$841K |
| 5 |
HF
HRT Financial
New York
|
-$544K |
UDN Hedge Fund Activity: Q2 2026 in Review
30 of the 8,349 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bearish Fund (UDN) for Q2 2026, worth a combined $28.6M — down 23% from $37.2M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of UDN and 3 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 6 added.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $704K. The largest seller was Alliance Wealth Advisors (Utah), exiting entirely with an estimated $2.59M sold.
- 30 institutional investors held Invesco DB US Dollar Index Bearish Fund (UDN) as of Q2 2026, down from 37 in Q1 2026.
- Funds reported $28.6M of Invesco DB US Dollar Index Bearish Fund stock for Q2 2026, down 23% quarter-over-quarter.
- 3 funds opened new Invesco DB US Dollar Index Bearish Fund positions in Q2 2026 and 9 closed out, a net change of -6 holders.
- The largest Invesco DB US Dollar Index Bearish Fund buyer in Q2 2026 was BNP Paribas Financial Markets, an estimated $704K added.
- The largest Invesco DB US Dollar Index Bearish Fund seller in Q2 2026 was Alliance Wealth Advisors (Utah), an estimated $2.59M sold.
Based on aggregated 13F filings for Q2 2026.