Invesco DB US Dollar Index Bullish Fund
UUP
77 hedge funds and large institutions have $122M invested in Invesco DB US Dollar Index Bullish Fund in 2025 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 24 increasing their positions, 14 reducing their positions, and 12 closing their positions.
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
71% more repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 14
52% more call options, than puts
Call options by funds: $29.9M | Put options by funds: $19.7M
26% more capital invested
Capital invested by funds: $96.1M → $122M (+$25.4M)
18% more funds holding
Funds holding: 65 → 77 (+12)
6% less ownership
Funds ownership: 59.52% → 53.51% (-6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IF
Intrua Financial
Houston,
Texas
|
+$6.62M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.28M |
| 3 |
JFG
Jefferies Financial Group
New York
|
+$4.33M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.3M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.5M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.4M |
| 3 |
Robeco Institutional Asset Management
Rotterdam,
Netherlands
|
-$2.05M |
| 4 |
JP Morgan Chase
New York
|
-$1.32M |
| 5 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$764K |
UUP Hedge Fund Activity: Q4 2025 in Review
77 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q4 2025, worth a combined $122M — up 26% from $96.1M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new UUP positions and 12 closed out — a net gain of 12 holders — while 24 added to existing stakes and 14 trimmed.
The largest buyer was Intrua Financial, adding an estimated $6.62M. The largest seller was Morgan Stanley, cutting an estimated $17.5M.
- 77 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q4 2025, up from 65 in Q3 2025.
- Funds reported $122M of Invesco DB US Dollar Index Bullish Fund stock for Q4 2025, up 26% quarter-over-quarter.
- 24 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q4 2025 and 12 closed out, a net change of +12 holders.
- The largest Invesco DB US Dollar Index Bullish Fund buyer in Q4 2025 was Intrua Financial, an estimated $6.62M added.
- The largest Invesco DB US Dollar Index Bullish Fund seller in Q4 2025 was Morgan Stanley, an estimated $17.5M sold.
Based on aggregated 13F filings for Q4 2025.