Invesco CurrencyShares Australian Dollar Trust
FXA
26 hedge funds and large institutions have $44.6M invested in Invesco CurrencyShares Australian Dollar Trust in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 12 closing their positions.
0.06% more ownership
Funds ownership: 25.91% → 25.98% (+0.06%)
5% less capital invested
Capital invested by funds: $46.8M → $44.6M (-$2.14M)
24% less funds holding
Funds holding: 34 → 26 (-8)
42% less call options, than puts
Call options by funds: $9.24M | Put options by funds: $15.9M
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
67% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.53M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.32M |
| 3 |
WBG
Wharton Business Group
Malvern,
Pennsylvania
|
+$1.54M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.06M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$268K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.9M |
| 2 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
-$2.1M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.07M |
| 4 |
Morgan Stanley
New York
|
-$841K |
| 5 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$362K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TDC
26
Thompson Davis & Co
Richmond,
Virginia
| $3K | – | – | – |
|
|
27
Envestnet Asset Management
Chicago,
Illinois
| – | -$2.9M | -37,774 | Closed |
|
|
BFA
28
Beaumont Financial Advisors
Needham,
Massachusetts
| – | -$2.1M | -27,332 | Closed |
|
|
AWA
29
Arete Wealth Advisors
Chicago,
Illinois
| – | -$362K | -4,717 | Closed |
|
|
FIB
30
First Interstate Bank
Billings,
Montana
| – | -$322K | -4,200 | Closed |
|
|
VF
31
Virtu Financial
New York
| – | -$321K | -4,180 | Closed |
|
32
Verition Fund Management
Greenwich,
Connecticut
| – | -$249K | -3,250 | Closed |
|
|
CIM
33
Cambria Investment Management
Manhattan Beach,
California
| – | -$223K | -2,909 | Closed |
|
|
AP
34
Advisors Preferred
Rockville,
Maryland
| – | -$22K | -292 | Closed |
|
|
DOA
35
D'Orazio & Associates
Falls Church,
Virginia
| – | -$17K | -228 | Closed |
|
|
FMII
36
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$5K | -64 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$4K | -51 | Closed |
|
|
FCCM
38
First City Capital Management
Savannah,
Georgia
| – | -$1.92K | -25 | Closed |
|
FXA Hedge Fund Activity: Q2 2016 in Review
26 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Australian Dollar Trust (FXA) for Q2 2016, worth a combined $44.6M — down 4.6% from $46.8M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FXA and 4 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Timber Hill, adding an estimated $2.53M. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $2.9M sold.
- 26 institutional investors held Invesco CurrencyShares Australian Dollar Trust (FXA) as of Q2 2016, down from 34 in Q1 2016.
- Funds reported $44.6M of Invesco CurrencyShares Australian Dollar Trust stock for Q2 2016, down 4.6% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares Australian Dollar Trust positions in Q2 2016 and 12 closed out, a net change of -8 holders.
- The largest Invesco CurrencyShares Australian Dollar Trust buyer in Q2 2016 was Timber Hill, an estimated $2.53M added.
- The largest Invesco CurrencyShares Australian Dollar Trust seller in Q2 2016 was Envestnet Asset Management, an estimated $2.9M sold.
Based on aggregated 13F filings for Q2 2016.