Invesco CurrencyShares British Pound Sterling Trust
23 hedge funds and large institutions have $29.4M invested in Invesco CurrencyShares British Pound Sterling Trust in 2016 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 8 closing their positions.
10.85% less ownership
Funds ownership: 70.65% → 59.8% (-11%)
12% less funds holding
Funds holding: 26 → 23 (-3)
28% less capital invested
Capital invested by funds: $40.8M → $29.4M (-$11.3M)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
72% less call options, than puts
Call options by funds: $52.3M | Put options by funds: $184M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.46M |
| 3 |
ICM
Ionic Capital Management
New York
|
+$1.35M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.27M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$5.37M |
| 2 |
VOAM
Vertex One Asset Management
Vancouver,
British Columbia, Canada
|
-$4.58M |
| 3 |
QA
Quantitative Advantage
Minnetonka,
Minnesota
|
-$3.6M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.29M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$983K |
FXB Hedge Fund Activity: Q1 2016 in Review
23 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q1 2016, worth a combined $29.4M — down 28% from $40.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXB and 5 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, opening a new position worth an estimated $1.52M. The largest seller was LPL Financial, exiting entirely with an estimated $5.37M sold.
- 23 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q1 2016, down from 26 in Q4 2015.
- Funds reported $29.4M of Invesco CurrencyShares British Pound Sterling Trust stock for Q1 2016, down 28% quarter-over-quarter.
- 5 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q1 2016 and 8 closed out, a net change of -3 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q1 2016 was Jane Street, an estimated $1.52M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q1 2016 was LPL Financial, an estimated $5.37M sold.
Based on aggregated 13F filings for Q1 2016.