Invesco DB US Dollar Index Bullish Fund
UUP
76 hedge funds and large institutions have $320M invested in Invesco DB US Dollar Index Bullish Fund in 2016 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 36 reducing their positions, and 34 closing their positions.
420% more call options, than puts
Call options by funds: $653M | Put options by funds: $126M
1.11% more ownership
Funds ownership: 38.61% → 39.72% (+1.1%)
22% less funds holding
Funds holding: 97 → 76 (-21)
28% less capital invested
Capital invested by funds: $444M → $320M (-$124M)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
64% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 36
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$16.2M |
| 2 |
AssetMark Inc
Concord,
California
|
+$9.64M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.84M |
| 4 |
HSBC Holdings
London,
United Kingdom
|
+$5.15M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$15.3M |
| 2 |
PWAG
Polaris Wealth Advisory Group
San Rafael,
California
|
-$10.7M |
| 3 |
EA
Euclid Advisors
Hartford,
Connecticut
|
-$10.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$9.88M |
| 5 |
SPL
Smart Portfolios LLC
Seattle,
Washington
|
-$8.32M |
UUP Hedge Fund Activity: Q1 2016 in Review
76 of the 3,767 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 $320M — down 28% from $444M 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 13 added.
The largest buyer was Goldman Sachs, adding an estimated $16.2M. The largest seller was UBS Group, cutting an estimated $15.3M.
- 76 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q1 2016, down from 97 in Q4 2015.
- Funds reported $320M of Invesco DB US Dollar Index Bullish Fund stock for Q1 2016, down 28% 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.