Stock Analysis
Data Source: SEC EDGAR 13F
Updated Hourly

Invesco Db US Dlr Index Tr (UDN)

32 + Investors. Track Smart Money conviction in UDN. See who's accumulating, reducing, or initiating positions.

Current Price
-- USD
Analyst Target
-- (0 analysts)
Upside
0.00%
Net Flow Q/Q
↓ -5
Streak
1Q ▼
Buyers last Q
39%

Smart Money Signals — UDN

Based on 33 hedge funds · latest filing: 2026 Q2 · updated quarterly

📉

Selling streak — 1 quarter in a row

last 6Q
For 1 consecutive quarter, more hedge funds reduced or closed their UDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.
📊

High ownership — 87% of 3.0Y peak

87% of all-time peak
33 funds currently hold this stock — 87% of the 3.0-year high of 38 funds (reached 2026 Q1). Ownership is elevated but not yet at maximum concentration. Room to grow, but watch if the trend reverses.
📶

Steady growth — +14% more funds vs a year ago

fund count last 6Q
+4 new funds entered over the past year (+14% YoY). Gradual, steady growth in institutional ownership is generally a healthy signal — not a speculative rush, but consistent conviction.
🔴

Heavy selling pressure — only 39% buying

14 buying22 selling
Last quarter: 22 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.
⚠️

Fewer new buyers each quarter (-6 vs last Q)

new funds entering per quarter
Funds opening this position for the first time: 5 → 9 → 12 → 6. Each quarter fewer new institutions are entering. This usually means most funds that wanted in are already in — the stock is well-known but the pool of potential new buyers is shrinking.
🔒

48% of holders stayed for 2+ years

■ 48% conviction (2yr+) ■ 18% medium ■ 33% new
16 out of 33 hedge funds have held UDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.
➡️

Steady discovery — ~6 new funds/quarter

13 → 5 → 9 → 12 → 6 new funds/Q
New funds entering each quarter: 5 → 9 → 12 → 6. Consistent flow of new institutional buyers without clear acceleration or slowdown.
🏛️

Veteran-anchored — 56% veterans vs 41% newcomers

■ 56% veterans ■ 3% 1-2yr ■ 41% new
Entry-cohort mix of 34 holders: 19 (56%) are 2+ year veterans, 1 entered 1–2 years ago, and 14 (41%) joined within the past year. A veteran-weighted cap table skews toward institutional memory over fresh momentum.
📋

Smaller funds dominant — 19% AUM from top-100

19% from top-100 AUM funds
8 of 32 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.
4.0
out of 10
Moderate Exit Risk
Exit risk score 4.0/10 — some crowding factors present, but no critical concentration. Watch ownership trend over the next 1–2 quarters for direction.

Methodology note: these Smart Money cards use consecutive 13F disclosure snapshots, not trade-by-trade execution data. "Buying", "selling", "new holders", and "trimmed" refer to quarter-over-quarter changes in reported holders, aggregate shares, or disclosed position values between filings. They are useful for ownership regime analysis and crowding, but they do not imply exact trade timing on the filing date.

Institutional Sentiment Summary — UDN

In 2026 Q2, 14 hedge funds were net buyers of UDN (6 opened a new position, 8 added to an existing one), while 22 reduced or exited (11 trimmed, 11 sold completely) — a 39% buyer ratio, indicating net institutional distribution. Net fund flow last quarter: -5 funds (more exits than new entries). Total institutional holders: 33.

Hedge Fund Ownership: UDN

How many hedge funds hold UDN — quarterly history vs. share price
Quarterly hedge fund ownership of UDN vs. share price

Market Analysis: UDN

Analyst Price Targets

Avg. Price Target
--

Analyst Recommendations

Stock Performance

Real-time

Company Profile: UDN

-- --

Institutional ownership data sourced from SEC EDGAR Form 13F-HR filings.

Loading signal freshness…
Smart Money Signal ?
Limited Smart Money Interest

No strong consensus or elite conviction detected among institutional holders.

3 top-rated funds 0 high-conviction
Consensus
2.6
/ 10
breadth
×
Elite
0.6
/ 10
conviction
Hedge Fund Positioning: UDN
32 + Investors

Track Smart Money conviction in UDN. See who's accumulating, reducing, or initiating positions.

Metric All 13F Filers (2026 Q2) Prior (2026 Q1) Change
Funds Holding 32 38 -15.79%
13F Shares 2M 2M -24.78%
Total Value $34M $40M -15.13%
New Positions 6 12 -6
Increased Positions 6 11 -5
Closed Positions 11 10 +1
Reduced Positions 12 8 +4
Total Calls 2 3 -33.33%
Total Puts 0 2 -100.0%
PUT/CALL Ratio 0.0 0.67 Bullish

Statistics: UDN

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Beta (5Y Monthly) --
Short Ratio (Days to Cover) --
Short % of Float --

Financial Highlights

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Institutional Holders (2026 Q2)

32 + investors

Explore institutional interest and hedge fund ownership dynamics. Analyze portfolio weights, new positions, and conviction trends in UDN. Verified SEC 13F-HR filings.

QUARTER:
Top 25 UDN holders by conviction (% of portfolio weight) — 2026 Q2 · Source: SEC Form 13F
# Investor % of Portfolio Shares Mkt Value
1 L1 Global Manager Pty Ltd 1.39% 110,000 $2.0M
2 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.15% 76,428 $1.4M
3 Capstone Wealth Management Group, Inc. 0.15% 13,936 $249K
4 Maltin Wealth Management, Inc. 0.09% 14,950 $267K
5 Bull Harbor Capital LLC 0.08% 23,827 $426K
6 Cutter & CO Brokerage, Inc. 0.07% 16,525 $290K
7 Delos Wealth Advisors, LLC 0.03% 3,140 $56K
8 Legacy Bridge, LLC 0.02% 4,250 $76K
9 Strategic Investment Solutions, Inc. /IL 0.01% 2,750 $49K
10 HighTower Advisors, LLC 0.01% 600,923 $10.7M
11 Advisory Services Network, LLC 0.01% 25,390 $453K
12 Lido Advisors, LLC 0.00% 21,518 $384K
13 Citadel Advisors LLC 0.00% 194,600 $3.5M
14 Group One Trading LLC 0.00% 13,106 $234K
15 BNP Paribas Financial Markets 0.00% 44,135 $788K
16 UBS Group AG 0.00% 85,462 $1.5M
17 Jane Street Group, LLC 0.00% 126,319 $2.3M
18 Bank of America Corp /de/ 0.00% 131,884 $2.4M
19 Raymond James Financial Inc 0.00% 30,667 $548K
20 Simplex Trading, LLC 0.00% 12,600 $225K
21 Jane Street Group, LLC 0.00% 79,600 $1.4M
22 Integrated Wealth Concepts LLC 0.00% 1,088 $19K
23 Farther Finance Advisors, LLC 0.00% 525 $9K
24 LPL Financial LLC 0.00% 16,402 $293K
25 Osaic Holdings, INC. 0.00% 2,811 $50K
Investor Ownership
History 		% of Portfolio Prev % Rank Conviction Avg Buy Price 13F Score™ 3Y / 7Y Sell Timing Shares Mkt Value Change Change % Source Quarter Filed

Frequently Asked Questions — Invesco Db US Dlr Index Tr (UDN)

What does the Smart Money Trend signal show for UDN?

Selling streak — 1 quarter in a row: For 1 consecutive quarter, more hedge funds reduced or closed their UDN positions than added to them. Sustained institutional selling is a meaningful warning sign — these are professionals with deep research teams collectively deciding to exit.

What is the institutional breadth score for UDN?

Heavy selling pressure — only 39% buying: Last quarter: 22 funds sold vs only 14 buyers. This is widespread institutional distribution — not a few funds rebalancing, but a broad exit. High conviction bearish signal.

What is the fund quality score for UDN holders?

Smaller funds dominant — 19% AUM from top-100: 8 of 32 holders rank in the top 100 by AUM, but together hold only 19% of total institutional value. The stock is held primarily by smaller and mid-sized funds.

How long have hedge funds held UDN?

48% of holders stayed for 2+ years: 16 out of 33 hedge funds have held UDN for over 2 years without selling. Long-term investors are generally harder to shake out during market stress, creating a stable ownership base that limits the risk of sudden capitulation.

Where does this institutional ownership data come from?

All holdings data is sourced from SEC Form 13F filings, which institutional investment managers with over $100 million in assets are required to submit quarterly. Data is parsed directly from SEC EDGAR.

Disclaimer: The information on this page is for informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any security. Institutional holdings data is sourced from SEC Form 13F filings and reflects positions as of the filing date. Past performance of any fund or portfolio is not indicative of future results. 13Foresight is not a registered investment adviser. Always conduct your own due diligence before making investment decisions.

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