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Invesco DB US Dollar Index Bullish Fund

75 hedge funds and large institutions have $318M invested in Invesco DB US Dollar Index Bullish Fund in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 36 reducing their positions, and 34 closing their positions.

New
Increased
Maintained
Reduced
Closed

420% more call options, than puts

Call options by funds: $653M | Put options by funds: $126M

0.04% more ownership

Funds ownership: 39.65%39.69% (+0.04%)

22% less funds holding

Funds holding: 9675 (-21)

59% less first-time investments, than exits

New positions opened: 14 | Existing positions closed: 34

67% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 36

80% less funds holding in top 10

Funds holding in top 10: 51 (-4)

87% less capital invested

Capital invested by funds: $2.39B → $318M (-$2.07B)

Holders
75
Holders Change
-21
Holders Change %
-21.88%
% of All Funds
2%
Holding in Top 10
1
Holding in Top 10 Change
-4
Holding in Top 10 Change %
-80%
% of All Funds
0.03%
New
14
Increased
12
Reduced
36
Closed
34
Calls
$653M
Puts
$126M
Net Calls
+$527M
Net Calls Change
+$347M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$107M -$2.02M -79,822 -2%
Wells Fargo
2
Wells Fargo
California
$31.3M -$9.88M -391,037 -23%
Goldman Sachs
3
Goldman Sachs
New York
$18.7M +$16.2M +639,545 +519%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$16.3M -$7.63M -301,778 -31%
Bank of America
5
Bank of America
North Carolina
$15.3M -$7.64M -302,416 -33%
UBS Group
6
UBS Group
Switzerland
$9.37M -$15.3M -604,861 -61%
AssetMark Inc
7
AssetMark Inc
California
$9.36M +$9.64M +381,514 New
Wellington Management Group
8
Wellington Management Group
Massachusetts
$8.77M
KP
9
Keel Point
Alabama
$7.89M +$1.56M +61,880 +24%
Bank of Montreal
10
Bank of Montreal
Ontario, Canada
$6.72M
Group One Trading
11
Group One Trading
Illinois
$5.96M +$352K +13,930 +6%
Citadel Advisors
12
Citadel Advisors
Florida
$5.67M +$5.84M +231,168 New
Ameriprise
13
Ameriprise
Minnesota
$5.52M +$2.15M +84,874 +61%
HSBC Holdings
14
HSBC Holdings
United Kingdom
$5M +$5.15M +203,778 New
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$4.73M -$3.11M -123,166 -39%
CCP
16
Clough Capital Partners
Massachusetts
$3.99M -$2.93M -115,804 -42%
LPL Financial
17
LPL Financial
California
$3.62M -$8.28M -327,690 -69%
ICM
18
Ionic Capital Management
New York
$3.58M +$3.68M +145,582 +42,945%
Bank of New York Mellon
19
Bank of New York Mellon
New York
$3.31M +$199K +7,881 +6%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$2.86M +$282K +11,140 +11%
BSWMG
21
Barrington Strategic Wealth Management Group
Illinois
$2.49M -$108K -4,280 -4%
SG Americas Securities
22
SG Americas Securities
New York
$2.43M +$2.5M +98,869 New
GC
23
Guggenheim Capital
Illinois
$2.19M -$178K -7,025 -7%
BCI
24
Brinker Capital Investments
Pennsylvania
$2.16M -$1.38M -54,520 -38%
Jane Street
25
Jane Street
New York
$2.04M -$5.26M -208,000 -71%

UUP Hedge Fund Activity: Q1 2016 in Review

75 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q1 2016, worth a combined $318M — down 87% from $2.39B a quarter earlier.

Sellers outnumbered buyers: 34 funds closed out of UUP and 14 opened new positions — a net loss of 20 holders — while 36 trimmed existing stakes and 12 added.

The largest buyer was Goldman Sachs, adding an estimated $16.2M. The largest seller was UBS Group, cutting an estimated $15.3M.

  • 75 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q1 2016, down from 96 in Q4 2015.
  • Funds reported $318M of Invesco DB US Dollar Index Bullish Fund stock for Q1 2016, down 87% quarter-over-quarter.
  • 14 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q1 2016 and 34 closed out, a net change of -20 holders.
  • The largest Invesco DB US Dollar Index Bullish Fund buyer in Q1 2016 was Goldman Sachs, an estimated $16.2M added.
  • The largest Invesco DB US Dollar Index Bullish Fund seller in Q1 2016 was UBS Group, an estimated $15.3M sold.

Based on aggregated 13F filings for Q1 2016.