Invesco CurrencyShares British Pound Sterling Trust
46 hedge funds and large institutions have $135M invested in Invesco CurrencyShares British Pound Sterling Trust in 2016 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 5 closing their positions.
480% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 5
360% more capital invested
Capital invested by funds: $29.4M → $135M (+$106M)
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
110.45% more ownership
Funds ownership: 59.8% → 170.25% (+110%)
100% more funds holding
Funds holding: 23 → 46 (+23)
58% less call options, than puts
Call options by funds: $234M | Put options by funds: $556M
Top Buyers
| 1 |
BCM
Bluefin Capital Management
New York
|
+$32.3M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$17.2M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$16.4M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$9.05M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$8.25M |
Top Sellers
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.01M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$1.6M |
| 3 |
Jane Street
New York
|
-$1.52M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 5 |
ICM
Ionic Capital Management
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
US Bancorp
Minneapolis,
Minnesota
| – | -$70K | -500 | Closed |
|
FXB Hedge Fund Activity: Q2 2016 in Review
46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q2 2016, worth a combined $135M — up 360% from $29.4M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new FXB positions and 5 closed out — a net gain of 24 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $32.3M. The largest seller was Timber Hill, cutting an estimated $2.01M.
- 46 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q2 2016, up from 23 in Q1 2016.
- Funds reported $135M of Invesco CurrencyShares British Pound Sterling Trust stock for Q2 2016, up 360% quarter-over-quarter.
- 29 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q2 2016 and 5 closed out, a net change of +24 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q2 2016 was Bluefin Capital Management, an estimated $32.3M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q2 2016 was Timber Hill, an estimated $2.01M sold.
Based on aggregated 13F filings for Q2 2016.