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Invesco DB US Dollar Index Bullish Fund

65 hedge funds and large institutions have $96.1M invested in Invesco DB US Dollar Index Bullish Fund in 2025 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 18 increasing their positions, 19 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

53% more call options, than puts

Call options by funds: $33.4M | Put options by funds: $21.8M

11.7% more ownership

Funds ownership: 47.82%59.52% (+12%)

5% less repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 19

15% less capital invested

Capital invested by funds: $112M → $96.1M (-$16.3M)

18% less funds holding

Funds holding: 7965 (-14)

57% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 21

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
65
Holders Change
-14
Holders Change %
-17.72%
% of All Funds
0.85%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
9
Increased
18
Reduced
19
Closed
21
Calls
$33.4M
Puts
$21.8M
Net Calls
+$11.6M
Net Calls Change
+$5.31M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$34M +$6.55M +239,300 +24%
ETC
2
Exchange Traded Concepts
Oklahoma
$5.86M -$1.18M -43,020 -17%
Ameriprise
3
Ameriprise
Minnesota
$5.32M -$311K -11,357 -6%
WSL
4
Western Standard LLC
California
$5.1M
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$4.26M -$2.53M -92,429 -37%
Osaic Holdings
6
Osaic Holdings
Arizona
$3.52M +$2.06M +75,281 +142%
Goldman Sachs
7
Goldman Sachs
New York
$3.18M +$2.74M +100,000 +637%
Cetera Investment Advisers
8
Cetera Investment Advisers
Illinois
$3.12M +$315K +11,517 +11%
JP Morgan Chase
9
JP Morgan Chase
New York
$3.06M +$1.29M +47,069 +73%
BNP Paribas Financial Markets
10
BNP Paribas Financial Markets
France
$2.54M -$959K -35,014 -28%
RA
11
Raffles Associates
New York
$2.34M -$2.05M -75,000 -47%
Robeco Institutional Asset Management
12
Robeco Institutional Asset Management
Netherlands
$2.05M +$883K +32,250 New
Baird Financial Group
13
Baird Financial Group
Wisconsin
$1.87M -$1.44M -52,738 -44%
UBS Group
14
UBS Group
Switzerland
$1.83M +$1.52M +55,679 +510%
PFA
15
Pettinga Financial Advisors
Indiana
$1.82M +$242K +8,845 +15%
GWANC
16
Guardian Wealth Advisors (North Carolina)
North Carolina
$1.34M +$1.33M +48,683 New
Wells Fargo
17
Wells Fargo
California
$1.03M -$354K -12,926 -26%
DFA
18
Davies Financial Advisors
California
$1.02M -$95.4K -3,483 -9%
Focus Partners Wealth
19
Focus Partners Wealth
Massachusetts
$1M +$54.9K +2,006 +6%
FTUS
20
Flow Traders U.S.
New York
$894K -$3.06M -111,702 -77%
AFO
21
Allie Family Office
Florida
$801K
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$798K -$480K -17,519 -38%
GRP
23
Global Retirement Partners
California
$779K +$772K +28,201 +21,204%
LPL Financial
24
LPL Financial
California
$757K -$2.47M -90,201 -77%
Envestnet Asset Management
25
Envestnet Asset Management
Illinois
$737K -$196K -7,155 -21%

UUP Hedge Fund Activity: Q3 2025 in Review

65 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q3 2025, worth a combined $96.1M — down 15% from $112M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of UUP and 9 opened new positions — a net loss of 12 holders — while 19 trimmed existing stakes and 18 added.

The largest buyer was Morgan Stanley, adding an estimated $6.55M. The largest seller was Jane Street, exiting entirely with an estimated $4.44M sold.

  • 65 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q3 2025, down from 79 in Q2 2025.
  • Funds reported $96.1M of Invesco DB US Dollar Index Bullish Fund stock for Q3 2025, down 15% quarter-over-quarter.
  • 9 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q3 2025 and 21 closed out, a net change of -12 holders.
  • The largest Invesco DB US Dollar Index Bullish Fund buyer in Q3 2025 was Morgan Stanley, an estimated $6.55M added.
  • The largest Invesco DB US Dollar Index Bullish Fund seller in Q3 2025 was Jane Street, an estimated $4.44M sold.

Based on aggregated 13F filings for Q3 2025.