Invesco CurrencyShares Australian Dollar Trust
FXA
50 hedge funds and large institutions have $198M invested in Invesco CurrencyShares Australian Dollar Trust in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 18 reducing their positions, and 17 closing their positions.
18% less funds holding
Funds holding: 61 → 50 (-11)
21.59% less ownership
Funds ownership: 65.74% → 44.15% (-22%)
23% less call options, than puts
Call options by funds: $75.3M | Put options by funds: $97.5M
28% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 18
32% less capital invested
Capital invested by funds: $292M → $198M (-$94M)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$27.6M |
| 2 |
RCP
Rothschild Capital Partners
New York
|
+$6.35M |
| 3 |
Comerica Bank
Dallas,
Texas
|
+$3.26M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
+$2.2M |
| 5 |
JG
Jefferies Group
New York
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$55.5M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$39.4M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
-$14.6M |
| 4 |
HT
HAP Trading
New York
|
-$10.1M |
| 5 |
Goldman Sachs
New York
|
-$4.51M |
FXA Hedge Fund Activity: Q3 2013 in Review
50 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Australian Dollar Trust (FXA) for Q3 2013, worth a combined $198M — down 32% from $292M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXA and 8 opened new positions — a net loss of 9 holders — while 18 trimmed existing stakes and 13 added.
The largest buyer was Citigroup, adding an estimated $27.6M. The largest seller was Morgan Stanley, cutting an estimated $55.5M.
- 50 institutional investors held Invesco CurrencyShares Australian Dollar Trust (FXA) as of Q3 2013, down from 61 in Q2 2013.
- Funds reported $198M of Invesco CurrencyShares Australian Dollar Trust stock for Q3 2013, down 32% quarter-over-quarter.
- 8 funds opened new Invesco CurrencyShares Australian Dollar Trust positions in Q3 2013 and 17 closed out, a net change of -9 holders.
- The largest Invesco CurrencyShares Australian Dollar Trust buyer in Q3 2013 was Citigroup, an estimated $27.6M added.
- The largest Invesco CurrencyShares Australian Dollar Trust seller in Q3 2013 was Morgan Stanley, an estimated $55.5M sold.
Based on aggregated 13F filings for Q3 2013.