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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, Q3 2025

Institutional positions in Invesco DB US Dollar Index Bearish Fund as of Sep 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
30
+2 vs. Q2 2025
Shares held
2.73M
+384.2K (+16.4%) vs. Q2 2025
Total value
$51.3M
+$7.03M (+15.9%) vs. Q2 2025
New holders
6
11 more added
Sold out
4
8 more reduced

Compare with Q2 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 holdersQ3 2025: 30 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 heldQ3 2025: $51.3M
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, Q3 2025

Shares, value and share of portfolio for each institution holding Invesco DB US Dollar Index Bearish Fund; share changes are against Q2 2025.

Institutions holding UDN in Q3 2025
InstitutionSharesValue% of portfolioChange in sharesAction
HighTower Advisors, LLC570,849$10.7M0.01%+144,616+33.9%Added
Bank of America Corp522,460$9.83M0.00%+125,986+31.8%Added
Morgan Stanley411,591$7.75M0.00%+23,584+6.1%Added
Jane Street Group, LLC327,574$6.16M0.01%+73,007+28.7%Added
Jefferies Financial Group Inc.265,944$5.01M0.05%+14,887+5.9%Added
UBS Group AG108,308$2.04M0.00%+47,011+76.7%Added
LPL Financial LLC54,532$1.03M0.00%+54,532New
Brown Brothers Harriman & Co54,495$1.03M0.01%00.0%Unchanged
Susquehanna International Group, LLP53,011$997.7K0.00%+53,011New
Solstein Capital, LLC43,000$809.3K0.37%+10,178+31.0%Added
Wolverine Trading, LLC42,540$798.5K0.02%−3,129−6.9%Reduced
Raymond James Financial Inc39,320$740.0K0.00%+27,985+246.9%Added
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors28,860$543.1K0.06%+28,860New
Advisor Group Holdings, Inc.28,359$532.6K0.00%−7,068−20.0%Reduced
Advisory Services Network, LLC25,390$477.8K0.01%00.0%Unchanged
Prospera Financial Services Inc23,650$445.1K0.01%−550−2.3%Reduced
Creative Planning21,154$398.1K0.00%+1,437+7.3%Added
HRT Financial LP20,332$382.0K0.00%+20,332New
Integrated Advisors Network LLC19,852$373.6K0.02%−10,089−33.7%Reduced
Belvedere Trading LLC13,956$262.7K0.02%−33,890−70.8%Reduced
Capstone Wealth Management Group LLC13,936$262.3K0.17%00.0%Unchanged
Pine Valley Investments Ltd Liability Co11,017$207.3K0.01%−15,665−58.7%Reduced
Lido Advisors, LLC10,657$200.6K0.00%00.0%Unchanged
Royal Bank of Canada7,887$148.0K0.00%−2,335−22.8%Reduced
Legacy Bridge, LLC4,250$80.0K0.03%00.0%Unchanged
Delos Wealth Advisors, LLC2,911$54.8K0.04%+704+31.9%Added
Group One Trading, L.P.1,666$31.4K0.00%+1,666New
Ronald Blue Trust, Inc.175$3.29K0.00%+100+133.3%Added
Smartleaf Asset Management LLC106$1.99K0.00%+106New
CWM, LLC50$1.00K0.00%−43−46.2%Reduced
Citadel Advisors LLC0$00.00%−155,531−100.0%Sold out
Squarepoint Ops LLC0$00.00%−10,113−100.0%Sold out
Pacific Center for Financial Services0$00.00%−5,367−100.0%Sold out
Allworth Financial LP0$00.00%−30−100.0%Sold out