Vault-13

INVESCO DB US DLR INDEX TR UDN

BEARISH FD · ETP · CUSIP 46141D104

31 institutional holders -6 vs Q1 2026
1,675,4731.7m shares reported held*
$32.9mreported value*
4 new 7 added 11 reduced 9 sold out net sold ≈ $7.0m (-392.9k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $19.65. Options: 4 managers hold calls ($9.7m notional), 0 hold puts (—).

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

02040Q3 22: 20Q4 22: 26Q1 23: 29Q2 23: 26Q3 23: 24Q4 23: 30Q1 24: 23Q2 24: 25Q3 24: 25Q4 24: 23Q1 25: 26Q2 25: 29Q3 25: 30Q4 25: 33Q1 26: 37Q2 26: 3131Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202220
Q4 202226
Q1 202329
Q2 202326
Q3 202324
Q4 202330
Q1 202423
Q2 202425
Q3 202425
Q4 202423
Q1 202526
Q2 202529
Q3 202530
Q4 202533
Q1 202637
Q2 202631

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 13 bought or addedQ3 24: 10 cut or sold outQ4 24: 10 bought or addedQ4 24: 13 cut or sold outQ4 24Q1 25: 15 bought or addedQ1 25: 7 cut or sold outQ2 25: 22 bought or addedQ2 25: 12 cut or sold outQ2 25Q3 25: 17 bought or addedQ3 25: 12 cut or sold outQ4 25: 15 bought or addedQ4 25: 14 cut or sold outQ4 25Q1 26: 24 bought or addedQ1 26: 14 cut or sold outQ2 26: 11 bought or addedQ2 26: 20 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20241310
Q4 20241013
Q1 2025157
Q2 20252212
Q3 20251712
Q4 20251514
Q1 20262414
Q2 20261120

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$5m$10m$15mQ3 25 calls: $11.0mQ3 25 puts: $719.5kQ3 25P/C 0.07Q4 25 calls: $12.4mQ4 25 puts: $397.6kQ4 25P/C 0.03Q1 26 calls: $11.2mQ1 26 puts: $518.4kQ1 26P/C 0.05Q2 26 calls: $9.7mQ2 26 puts: $0Q2 26P/C 0.00
Numbers
QuarterCallsPutsP/C
Q3 2025$11.0m$719.5k0.07
Q4 2025$12.4m$397.6k0.03
Q1 2026$11.2m$518.4k0.05
Q2 2026$9.7m$00.00

Biggest buyers

BNP PARIBAS FINANCIAL MARKETS Added +38,768+38.8k
GROUP ONE TRADING LLC New +13,106+13.1k
FLOW TRADERS U.S. LLC Added +9,536+9.5k
HighTower Advisors, LLC Added +9,483+9.5k
Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors Added +9,423+9.4k
Bull Harbor Capital LLC Added +3,883+3.9k
Integrated Wealth Concepts LLC New +1,088+1.1k
Strategic Investment Solutions, Inc. /IL Added +300+300
Atlantic Union Bankshares Corp New +100+100
GFS Advisors, LLC Added +30+30

Biggest sellers

Alliance Wealth Advisors, LLC /UT Sold out -144,143-144.1k
UBS Group AG Reduced -56,804-56.8k
JANE STREET GROUP, LLC Reduced -49,704-49.7k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -46,729-46.7k
HRT FINANCIAL LP Sold out -30,245-30.2k
Csenge Advisory Group Sold out -27,245-27.2k
RAYMOND JAMES FINANCIAL INC Reduced -26,740-26.7k
BANK OF AMERICA CORP /DE/ Reduced -18,759-18.8k
Prospera Financial Services Inc Sold out -18,100-18.1k
SIMPLEX TRADING, LLC Reduced -17,881-17.9k

Biggest calls

GROUP ONE TRADING LLC Added $4.3m240.4k shares
CITADEL ADVISORS LLC Added $3.5m194.6k shares
JANE STREET GROUP, LLC Reduced $1.4m79.6k shares
IMC-Chicago, LLC Reduced $557.2k31.2k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 HighTower Advisors, LLC 0.01% of their portfolio CHICAGO, IL 600,923600.9k $10.7m $10.7m 0.01% Added +9.5k +9,483
2 GFS Advisors, LLC 0.38% of their portfolio HOUSTON, TX 242,230242.2k $7.3m $7.3m 0.38% Added +30 +30
3 BANK OF AMERICA CORP /DE/ 0.00% of their portfolio CHARLOTTE, NC 131,884131.9k $2.4m $2.4m 0.00% Reduced -18.8k -18,759
4 JANE STREET GROUP, LLC 0.00% of their portfolio NEW YORK, NY 126,319126.3k $2.3m $2.3m 0.00% Reduced -49.7k -49,704
5 L1 Global Manager Pty Ltd 1.59% of their portfolio Melbourne, C3 110,000110.0k $2.0m $2.0m 1.59% Unchanged
6 UBS Group AG 0.00% of their portfolio ZURICH, V8 85,46285.5k $1.5m $1.5m 0.00% Reduced -56.8k -56,804
7 Bay Colony Advisory Group, Inc d/b/a Bay Colony Advisors 0.15% of their portfolio CONCORD, MA 76,42876.4k $1.4m $1.4m 0.15% Added +9.4k +9,423
8 FLOW TRADERS U.S. LLC 0.04% of their portfolio NEW YORK, NY 48,39648.4k $864.0k $864.0k 0.04% Added +9.5k +9,536
9 BNP PARIBAS FINANCIAL MARKETS 0.00% of their portfolio PARIS, I0 44,13544.1k $788.3k $788.3k 0.00% Added +38.8k +38,768
10 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 30,66730.7k $547.7k $547.7k 0.00% Reduced -26.7k -26,740
11 Advisory Services Network, LLC 0.01% of their portfolio ATLANTA, GA 25,39025.4k $453.5k $453.5k 0.01% Unchanged
12 Bull Harbor Capital LLC 0.08% of their portfolio BETHESDA, MD 23,82723.8k $425.6k $425.6k 0.08% Added +3.9k +3,883
13 Lido Advisors, LLC 0.00% of their portfolio Los Angeles, CA 21,51821.5k $384.3k $384.3k 0.00% Reduced -300 -300
14 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 16,49616.5k $294.6k $294.6k 0.00% Reduced -3.5k -3,452
15 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 16,40216.4k $292.9k $292.9k 0.00% Reduced -16.5k -16,483
16 Maltin Wealth Management, Inc. 0.09% of their portfolio RIDGEWOOD, NJ 14,95014.9k $267.0k $267.0k 0.09% Unchanged
17 Capstone Wealth Management Group, Inc. 0.15% of their portfolio BEND, OR 13,93613.9k $248.9k $248.9k 0.15% First filing
18 GROUP ONE TRADING LLC 0.01% of their portfolio CHICAGO, IL 13,10613.1k $234.1k $234.1k 0.01% New
19 SIMPLEX TRADING, LLC 0.01% of their portfolio CHICAGO, IL 12,60012.6k $225.0k $225.0k 0.01% Reduced -17.9k -17,881
20 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 5,8185.8k $104.0k $104.0k 0.00% Reduced -250 -250
21 Legacy Bridge, LLC 0.02% of their portfolio WEST DES MOINES, IA 4,2504.2k $75.9k $75.9k 0.02% Unchanged
22 Delos Wealth Advisors, LLC 0.03% of their portfolio DALLAS, TX 3,1403.1k $56.1k $56.1k 0.03% Unchanged
23 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 2,8112.8k $50.2k $50.2k 0.00% Reduced -2.5k -2,458
24 Strategic Investment Solutions, Inc. /IL 0.01% of their portfolio ORLAND PARK, IL 2,7502.8k $49.1k $49.1k 0.01% Added +300 +300
25 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 1,0881.1k $19.4k $19.4k 0.00% New
26 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 525525 $9.4k $9.4k 0.00% Reduced -604 -604
27 Steward Partners Investment Advisory, LLC 0.00% of their portfolio STAMFORD, CT 241241 $4.3k $4.3k 0.00% Unchanged
28 Atlantic Union Bankshares Corp 0.00% of their portfolio GLEN ALLEN, VA 100100 $1.8k $1.8k 0.00% New
29 Blue Trust, Inc. 0.00% of their portfolio BRENTWOOD, TN 7575 $1.3k $1.3k 0.00% Unchanged
30 JPMORGAN CHASE & CO 0.00% of their portfolio NEW YORK, NY 44 $72 $72 0.00% New
31 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 22 $36 $36 0.00% Unchanged