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Invesco DB US Dollar Index Bearish Fund

UDN
Exchange
NYSE
Industry
Commodity Contracts Brokers & Dealers
SEC CIK
0001383149

No open-market purchases or sales by Invesco DB US Dollar Index Bearish Fund insiders were filed in the last 90 days; 30 institutions reported holding it in 13F filings for Q2 2026, worth $32.9M in total; no superinvestor holds it.

13F holders, Q2 2025

Institutional positions in Invesco DB US Dollar Index Bearish Fund as of Jun 30, 2025. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works

Institutional holders
28
+3 vs. Q1 2025
Shares held
2.34M
+1.13M (+93.7%) vs. Q1 2025
Total value
$44.3M
+$23.0M (+108.5%) vs. Q1 2025
New holders
13
9 more added
Sold out
10
2 more reduced

Compare with Q1 2025: new holders, sold out and not filed yet

Holders and value by quarter

Institutions reporting UDN on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.

Institutional holdersQ2 2025: 28 institutions
Q1 2021: 23 institutionsQ2 2021: 20 institutionsQ3 2021: 20 institutionsQ4 2021: 19 institutionsQ1 2022: 15 institutionsQ2 2022: 17 institutionsQ3 2022: 19 institutionsQ4 2022: 25 institutionsQ1 2023: 28 institutionsQ2 2023: 25 institutionsQ3 2023: 23 institutionsQ4 2023: 29 institutionsQ1 2024: 22 institutionsQ2 2024: 24 institutionsQ3 2024: 24 institutionsQ4 2024: 22 institutionsQ1 2025: 25 institutionsQ2 2025: 28 institutionsQ3 2025: 30 institutionsQ4 2025: 33 institutionsQ1 2026: 37 institutionsQ2 2026: 30 institutions
Value heldQ2 2025: $44.3M
Q1 2021: $19.8MQ2 2021: $15.9MQ3 2021: $11.6MQ4 2021: $10.4MQ1 2022: $8.56MQ2 2022: $11.7MQ3 2022: $7.95MQ4 2022: $15.8MQ1 2023: $19.0MQ2 2023: $12.7MQ3 2023: $13.4MQ4 2023: $15.0MQ1 2024: $14.1MQ2 2024: $11.7MQ3 2024: $19.0MQ4 2024: $10.1MQ1 2025: $21.2MQ2 2025: $44.3MQ3 2025: $51.3MQ4 2025: $45.5MQ1 2026: $37.2MQ2 2026: $32.9M
Institutions holding UDN and their total value by quarter
QuarterHoldersValue
Q2 202630$32.9M
Q1 202637$37.2M
Q4 202533$45.5M
Q3 202530$51.3M
Q2 202528$44.3M
Q1 202525$21.2M
Q4 202422$10.1M
Q3 202424$19.0M
Q2 202424$11.7M
Q1 202422$14.1M
Q4 202329$15.0M
Q3 202323$13.4M
Q2 202325$12.7M
Q1 202328$19.0M
Q4 202225$15.8M
Q3 202219$7.95M
Q2 202217$11.7M
Q1 202215$8.56M
Q4 202119$10.4M
Q3 202120$11.6M
Q2 202120$15.9M
Q1 202123$19.8M

Institutions, Q2 2025

Shares, value and share of portfolio for each institution holding Invesco DB US Dollar Index Bearish Fund; share changes are against Q1 2025.

Institutions holding UDN in Q2 2025
InstitutionSharesValue% of portfolioChange in sharesAction
HighTower Advisors, LLC426,233$8.06M0.01%+249,327+140.9%Added
Bank of America Corp396,474$7.50M0.00%+290,591+274.4%Added
Morgan Stanley388,007$7.34M0.00%+115,823+42.6%Added
Jane Street Group, LLC254,567$4.81M0.01%+49,893+24.4%Added
Jefferies Financial Group Inc.251,057$4.75M0.08%+251,057New
Citadel Advisors LLC155,531$2.94M0.00%+71,758+85.7%Added
UBS Group AG61,297$1.16M0.00%+48,343+373.2%Added
Brown Brothers Harriman & Co54,495$1.03M0.01%+54,495New
Belvedere Trading LLC47,846$904.8K0.07%−4,378−8.4%Reduced
Wolverine Trading, LLC45,669$859.0K0.02%+45,669New
Advisor Group Holdings, Inc.35,427$669.9K0.00%+35,327+35,327.0%Added
Solstein Capital, LLC32,822$620.7K0.32%+32,822New
Integrated Advisors Network LLC29,941$566.2K0.03%+29,941New
Pine Valley Investments Ltd Liability Co26,682$504.6K0.03%−18,618−41.1%Reduced
Advisory Services Network, LLC25,390$465.1K0.01%00.0%Unchanged
Prospera Financial Services Inc24,200$457.6K0.01%+13,100+118.0%Added
Creative Planning19,717$372.8K0.00%+19,717New
Capstone Wealth Management Group LLC13,936$263.5K0.19%+13,936New
Raymond James Financial Inc11,335$214.3K0.00%+11,335New
Lido Advisors, LLC10,657$201.5K0.00%+10,657New
Royal Bank of Canada10,222$193.0K0.00%+10,222New
Squarepoint Ops LLC10,113$191.2K0.00%00.0%Unchanged
Pacific Center for Financial Services5,367$101.5K0.03%00.0%Unchanged
Legacy Bridge, LLC4,250$80.4K0.04%+4,250New
Delos Wealth Advisors, LLC2,207$41.7K0.03%+2,207New
CWM, LLC93$2.00K0.00%+43+86.0%Added
Ronald Blue Trust, Inc.75$1.42K0.00%00.0%Unchanged
Allworth Financial LP30$5680.00%+30New
Susquehanna International Group, LLP0$00.00%−119,199−100.0%Sold out
Parallel Advisors, LLC0$00.00%−17,915−100.0%Sold out
Cutter & CO Brokerage, Inc.0$00.00%−16,525−100.0%Sold out
Mutual Advisors, LLC0$00.00%−14,264−100.0%Sold out
Group One Trading, L.P.0$00.00%−13,542−100.0%Sold out
Simplex Trading, LLC0$00.00%−12,176−100.0%Sold out
Comerica Bank0$00.00%−5,000−100.0%Sold out
Spire Wealth Management0$00.00%−4,897−100.0%Sold out
Richards, Merrill & Peterson, Inc.0$00.00%−300−100.0%Sold out
Rise Advisors, LLC0$00.00%−287−100.0%Sold out