Invesco CurrencyShares British Pound Sterling Trust
FXB
16 hedge funds and large institutions have $29.1M invested in Invesco CurrencyShares British Pound Sterling Trust in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 8 closing their positions.
27% less funds holding
Funds holding: 22 → 16 (-6)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
40% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $23.5M
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
70% less capital invested
Capital invested by funds: $96.6M → $29.1M (-$67.5M)
71.39% less ownership
Funds ownership: 117.02% → 45.63% (-71%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OFG
OTA Financial Group
Purchase,
New York
|
+$1.69M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.44M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$624K |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$132K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$76.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$22.5M |
| 2 |
Citigroup
New York
|
-$16.7M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$13M |
| 4 |
VF
Virtu Financial
New York
|
-$9.28M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.75M |
FXB Hedge Fund Activity: Q3 2013 in Review
16 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q3 2013, worth a combined $29.1M — down 70% from $96.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXB and 3 opened new positions — a net loss of 5 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was OTA Financial Group, opening a new position worth an estimated $1.69M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $22.5M sold.
- 16 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q3 2013, down from 22 in Q2 2013.
- Funds reported $29.1M of Invesco CurrencyShares British Pound Sterling Trust stock for Q3 2013, down 70% quarter-over-quarter.
- 3 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q3 2013 and 8 closed out, a net change of -5 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q3 2013 was OTA Financial Group, an estimated $1.69M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q3 2013 was JP Morgan Chase, an estimated $22.5M sold.
Based on aggregated 13F filings for Q3 2013.