Invesco DB US Dollar Index Bullish Fund
UUP
89 hedge funds and large institutions have $378M invested in Invesco DB US Dollar Index Bullish Fund in 2026 Q1 according to their latest regulatory filings, with 33 funds opening new positions, 21 increasing their positions, 18 reducing their positions, and 20 closing their positions.
1,869% more call options, than puts
Call options by funds: $346M | Put options by funds: $17.6M
211% more capital invested
Capital invested by funds: $122M → $378M (+$256M)
65% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 20
17% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 18
16% more funds holding
Funds holding: 77 → 89 (+12)
14.14% more ownership
Funds ownership: 53.51% → 67.65% (+14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$78M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$42.9M |
| 3 |
Jane Street
New York
|
+$35.2M |
| 4 |
PFM
Potomac Fund Management
Miami,
Florida
|
+$27.5M |
| 5 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$13.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.35M |
| 2 |
RA
Raffles Associates
New York
|
-$3.38M |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$3.03M |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$2.22M |
| 5 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$2.03M |
UUP Hedge Fund Activity: Q1 2026 in Review
89 of the 8,187 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q1 2026, worth a combined $378M — up 211% from $122M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new UUP positions and 20 closed out — a net gain of 13 holders — while 21 added to existing stakes and 18 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $78M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $7.35M sold.
- 89 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q1 2026, up from 77 in Q4 2025.
- Funds reported $378M of Invesco DB US Dollar Index Bullish Fund stock for Q1 2026, up 211% quarter-over-quarter.
- 33 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q1 2026 and 20 closed out, a net change of +13 holders.
- The largest Invesco DB US Dollar Index Bullish Fund buyer in Q1 2026 was JP Morgan Chase, an estimated $78M added.
- The largest Invesco DB US Dollar Index Bullish Fund seller in Q1 2026 was Susquehanna International Group, an estimated $7.35M sold.
Based on aggregated 13F filings for Q1 2026.