Invesco DB US Dollar Index Bullish Fund
UUP
139 hedge funds and large institutions have $713M invested in Invesco DB US Dollar Index Bullish Fund in 2023 Q1 according to their latest regulatory filings, with 26 funds opening new positions, 35 increasing their positions, 71 reducing their positions, and 63 closing their positions.
74% more call options, than puts
Call options by funds: $189M | Put options by funds: $109M
9.07% more ownership
Funds ownership: 54.06% → 63.12% (+9.1%)
20% less capital invested
Capital invested by funds: $894M → $713M (-$181M)
22% less funds holding
Funds holding: 179 → 139 (-40)
42% less funds holding in top 10
Funds holding in top 10: 12 → 7 (-5)
51% less repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 71
59% less first-time investments, than exits
New positions opened: 26 | Existing positions closed: 63
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$53.8M |
| 2 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
+$8.91M |
| 3 |
AAM
Alphadyne Asset Management
New York
|
+$8.3M |
| 4 |
IF
Intrua Financial
Houston,
Texas
|
+$7.35M |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$6.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$51M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$20.3M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$13.9M |
| 4 |
TF
Trek Financial
Scottsdale,
Arizona
|
-$13.2M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$11.6M |
UUP Hedge Fund Activity: Q1 2023 in Review
139 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q1 2023, worth a combined $713M — down 20% from $894M a quarter earlier.
Sellers outnumbered buyers: 63 funds closed out of UUP and 26 opened new positions — a net loss of 37 holders — while 71 trimmed existing stakes and 35 added.
The largest buyer was Jane Street, adding an estimated $53.8M. The largest seller was Wells Fargo, cutting an estimated $51M.
- 139 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q1 2023, down from 179 in Q4 2022.
- Funds reported $713M of Invesco DB US Dollar Index Bullish Fund stock for Q1 2023, down 20% quarter-over-quarter.
- 26 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q1 2023 and 63 closed out, a net change of -37 holders.
- The largest Invesco DB US Dollar Index Bullish Fund buyer in Q1 2023 was Jane Street, an estimated $53.8M added.
- The largest Invesco DB US Dollar Index Bullish Fund seller in Q1 2023 was Wells Fargo, an estimated $51M sold.
Based on aggregated 13F filings for Q1 2023.