Invesco CurrencyShares British Pound Sterling Trust
54 hedge funds and large institutions have $93M invested in Invesco CurrencyShares British Pound Sterling Trust in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 6 closing their positions.
182% more call options, than puts
Call options by funds: $447M | Put options by funds: $159M
167% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 6
17% more funds holding
Funds holding: 46 → 54 (+8)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
31% less capital invested
Capital invested by funds: $135M → $93M (-$42.4M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
133.51% less ownership
Funds ownership: 170.25% → 36.74% (-134%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$8.38M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$5.66M |
| 3 |
VF
Virtu Financial
New York
|
+$5.48M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.89M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$29.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$14.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8.6M |
| 4 |
JP Morgan Chase
New York
|
-$6.3M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$4.75M |
FXB Hedge Fund Activity: Q3 2016 in Review
54 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q3 2016, worth a combined $93M — down 31% from $135M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new FXB positions and 6 closed out — a net gain of 10 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $8.38M. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $29.9M sold.
- 54 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q3 2016, up from 46 in Q2 2016.
- Funds reported $93M of Invesco CurrencyShares British Pound Sterling Trust stock for Q3 2016, down 31% quarter-over-quarter.
- 16 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q3 2016 and 6 closed out, a net change of +10 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q3 2016 was Jane Street, an estimated $8.38M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q3 2016 was Bluefin Capital Management, an estimated $29.9M sold.
Based on aggregated 13F filings for Q3 2016.