Invesco DB US Dollar Index Bullish Fund
UUP
76 hedge funds and large institutions have $216M invested in Invesco DB US Dollar Index Bullish Fund in 2026 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 19 increasing their positions, 31 reducing their positions, and 27 closing their positions.
15% less funds holding
Funds holding: 89 → 76 (-13)
16.9% less ownership
Funds ownership: 67.65% → 50.75% (-17%)
23% less call options, than puts
Call options by funds: $48.7M | Put options by funds: $62.8M
39% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 31
43% less capital invested
Capital invested by funds: $378M → $216M (-$161M)
48% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 27
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
+$15.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.53M |
| 3 |
Morgan Stanley
New York
|
+$7M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.43M |
| 5 |
FIA
Foundations Investment Advisors
Phoenix,
Arizona
|
+$3.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$77.6M |
| 2 |
Jane Street
New York
|
-$35.9M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$18M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$7.89M |
| 5 |
IF
Intrua Financial
Houston,
Texas
|
-$6.26M |
UUP Hedge Fund Activity: Q2 2026 in Review
76 of the 8,305 institutional investors tracked by Wall St. Rank reported a position in Invesco DB US Dollar Index Bullish Fund (UUP) for Q2 2026, worth a combined $216M — down 43% from $378M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of UUP and 14 opened new positions — a net loss of 13 holders — while 31 trimmed existing stakes and 19 added.
The largest buyer was New York Life Investment Management, adding an estimated $15.9M. The largest seller was JP Morgan Chase, cutting an estimated $77.6M.
- 76 institutional investors held Invesco DB US Dollar Index Bullish Fund (UUP) as of Q2 2026, down from 89 in Q1 2026.
- Funds reported $216M of Invesco DB US Dollar Index Bullish Fund stock for Q2 2026, down 43% quarter-over-quarter.
- 14 funds opened new Invesco DB US Dollar Index Bullish Fund positions in Q2 2026 and 27 closed out, a net change of -13 holders.
- The largest Invesco DB US Dollar Index Bullish Fund buyer in Q2 2026 was New York Life Investment Management, an estimated $15.9M added.
- The largest Invesco DB US Dollar Index Bullish Fund seller in Q2 2026 was JP Morgan Chase, an estimated $77.6M sold.
Based on aggregated 13F filings for Q2 2026.