Invesco DB US Dollar Index Bullish Fund
UUP
76 hedge funds and large institutions have $221M invested in Invesco DB US Dollar Index Bullish Fund in 2025 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 22 increasing their positions, 18 reducing their positions, and 21 closing their positions.
22% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 18
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
6% less call options, than puts
Call options by funds: $16.9M | Put options by funds: $18M
2.33% less ownership
Funds ownership: 69.68% → 67.35% (-2.3%)
11% less funds holding
Funds holding: 85 → 76 (-9)
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
26% less capital invested
Capital invested by funds: $298M → $221M (-$77.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$7.48M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$3.56M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.76M |
| 4 |
DFA
Davies Financial Advisors
Murrieta,
California
|
+$2.56M |
| 5 |
PCA
Prosperity Capital Advisors
Westlake,
Ohio
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$24.2M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
-$20M |
| 3 |
PFM
Potomac Fund Management
Miami,
Florida
|
-$15.7M |
| 4 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
-$15.1M |
| 5 |
Jane Street
New York
|
-$13.7M |
UUP Hedge Fund Activity: Q1 2025 in Review
76 of the 7,471 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q1 2025, worth a combined $221M — down 26% from $298M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of UUP and 18 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 22 added.
The largest buyer was Citadel Advisors, adding an estimated $7.48M. The largest seller was JP Morgan Chase, cutting an estimated $24.2M.
- 76 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q1 2025, down from 85 in Q4 2024.
- Funds reported $221M of Invesco DB US Dollar Index Bullish Fund stock for Q1 2025, down 26% quarter-over-quarter.
- 18 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q1 2025 and 21 closed out, a net change of -3 holders.
- The largest Invesco DB US Dollar Index Bullish Fund buyer in Q1 2025 was Citadel Advisors, an estimated $7.48M added.
- The largest Invesco DB US Dollar Index Bullish Fund seller in Q1 2025 was JP Morgan Chase, an estimated $24.2M sold.
Based on aggregated 13F filings for Q1 2025.