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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, Q1 2026

Institutional positions in Invesco DB US Dollar Index Bearish Fund as of Mar 31, 2026. 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
37
+4 vs. Q4 2025
Shares held
2.07M
−423.6K (−17.0%) vs. Q4 2025
Total value
$37.2M
−$8.22M (−18.1%) vs. Q4 2025
New holders
12
13 more added
Sold out
8
6 more reduced

Compare with Q4 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 holdersQ1 2026: 37 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 heldQ1 2026: $37.2M
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, Q1 2026

Shares, value and share of portfolio for each institution holding Invesco DB US Dollar Index Bearish Fund; share changes are against Q4 2025.

Institutions holding UDN in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
HighTower Advisors, LLC591,440$10.6M0.01%+9,714+1.7%Added
GFS Advisors, LLC242,200$4.36M0.31%+82,200+51.4%Added
Jane Street Group, LLC176,023$3.17M0.00%+16,503+10.3%Added
Bank of America Corp150,643$2.71M0.00%−407,751−73.0%Reduced
Alliance Wealth Advisors, LLC144,143$2.59M0.56%+62,197+75.9%Added
UBS Group AG142,266$2.56M0.00%+1,582+1.1%Added
L1 Global Manager Pty Ltd110,000$1.98M1.60%00.0%Unchanged
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors67,005$1.21M0.15%+15,109+29.1%Added
Raymond James Financial Inc57,407$1.03M0.00%+2,967+5.5%Added
Susquehanna International Group, LLP46,729$841.1K0.00%+15,464+49.5%Added
Flow Traders U.S. LLC38,860$699.0K0.02%+19,903+105.0%Added
LPL Financial LLC32,885$591.9K0.00%+22,580+219.1%Added
Simplex Trading, LLC30,481$548.7K0.02%+30,481New
HRT Financial LP30,245$544.0K0.00%+20,095+198.0%Added
Csenge Advisory Group27,245$490.4K0.02%+27,245New
Advisory Services Network, LLC25,390$457.0K0.01%00.0%Unchanged
Lido Advisors, LLC21,818$392.7K0.00%+11,161+104.7%Added
Morgan Stanley19,948$359.1K0.00%−46,048−69.8%Reduced
Bull Harbor Capital LLC19,944$359.0K0.10%+19,944New
Prospera Financial Services Inc18,100$325.8K0.01%−2,700−13.0%Reduced
Maltin Wealth Management, Inc.14,950$269.1K0.10%+14,950New
Capstone Wealth Management Group LLC13,936$250.8K0.15%00.0%Unchanged
GWM Advisors LLC11,718$210.9K0.00%+11,718New
Royal Bank of Canada6,068$109.0K0.00%−2,323−27.7%Reduced
MAI Capital Management5,451$98.1K0.00%+5,451New
BNP Paribas Arbitrage, SA5,367$96.6K0.00%+5,367New
Advisor Group Holdings, Inc.5,269$94.8K0.00%−4,104−43.8%Reduced
Legacy Bridge, LLC4,250$76.5K0.03%00.0%Unchanged
Delos Wealth Advisors, LLC3,140$56.5K0.03%+55+1.8%Added
Strategic Investment Solutions, Inc.2,450$49.5K0.01%+2,450New
Wells Fargo & Company1,500$27.0K0.00%+1,500New
Farther Finance Advisors, LLC1,129$20.4K0.00%+1,129New
Steward Partners Investment Advisory, LLC241$4.34K0.00%−20,090−98.8%Reduced
Signature Resources Capital Management, LLC100$1.80K0.00%+100New
Ronald Blue Trust, Inc.75$1.35K0.00%00.0%Unchanged
CWM, LLC50$9000.00%00.0%Unchanged
Harbour Investments, Inc.2$360.00%+2New
Jefferies Financial Group Inc.0$00.00%−255,811−100.0%Sold out
Brown Brothers Harriman & Co0$00.00%−54,495−100.0%Sold out
Creative Planning0$00.00%−16,166−100.0%Sold out
Group One Trading, L.P.0$00.00%−7,646−100.0%Sold out
Kestra Advisory Services, LLC0$00.00%−4,831−100.0%Sold out
Geneos Wealth Management Inc.0$00.00%−1,331−100.0%Sold out
Smartleaf Asset Management LLC0$00.00%−106−100.0%Sold out
SRS Capital Advisors, Inc.0$00.00%−56−100.0%Sold out