Invesco CurrencyShares British Pound Sterling Trust
50 hedge funds and large institutions have $56.4M invested in Invesco CurrencyShares British Pound Sterling Trust in 2017 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 23 reducing their positions, and 7 closing their positions.
43% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 7
16% more call options, than puts
Call options by funds: $34.5M | Put options by funds: $29.6M
6% more funds holding
Funds holding: 47 → 50 (+3)
2.32% less ownership
Funds ownership: 27.28% → 24.96% (-2.3%)
13% less capital invested
Capital invested by funds: $64.6M → $56.4M (-$8.18M)
87% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
+$4.67M |
| 2 |
PBT
Pictet Bank & Trust
Nassau,
Bahamas
|
+$3.87M |
| 3 |
Jane Street
New York
|
+$877K |
| 4 |
SIA
Starfire Investment Advisers
Southfield,
Michigan
|
+$437K |
| 5 |
Goldman Sachs
New York
|
+$323K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.66M |
| 2 |
GTC
Ghost Tree Capital
New York
|
-$2.71M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$2.71M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.19M |
| 5 |
LPL Financial
San Diego,
California
|
-$779K |
FXB Hedge Fund Activity: Q4 2017 in Review
50 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q4 2017, worth a combined $56.4M — down 13% from $64.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new FXB positions and 7 closed out — a net gain of 3 holders — while 3 added to existing stakes and 23 trimmed.
The largest buyer was Millennium Management, opening a new position worth an estimated $4.67M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $7.66M sold.
- 50 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q4 2017, up from 47 in Q3 2017.
- Funds reported $56.4M of Invesco CurrencyShares British Pound Sterling Trust stock for Q4 2017, down 13% quarter-over-quarter.
- 10 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q4 2017 and 7 closed out, a net change of +3 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q4 2017 was Millennium Management, an estimated $4.67M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q4 2017 was Susquehanna International Group, an estimated $7.66M sold.
Based on aggregated 13F filings for Q4 2017.