Invesco CurrencyShares British Pound Sterling Trust
FXB
41 hedge funds and large institutions have $70.2M invested in Invesco CurrencyShares British Pound Sterling Trust in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 13 closing their positions.
79% more capital inflows, than outflows
Capital inflows: $26.7M | Capital outflows: $14.9M
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
11% more call options, than puts
Call options by funds: $30.1M | Put options by funds: $27M
9.34% more ownership
Funds ownership: 24.96% → 34.3% (+9.3%)
18% less funds holding
Funds holding: 50 → 41 (-9)
69% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Asset Management
Chicago,
Illinois
|
+$7.78M |
| 2 |
JP Morgan Chase
New York
|
+$6.76M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$5.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$2.26M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$3.77M |
| 2 |
VF
Virtu Financial
New York
|
-$2.03M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.75M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.46M |
| 5 |
GTC
Ghost Tree Capital
New York
|
-$1.19M |
FXB Hedge Fund Activity: Q1 2018 in Review
41 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q1 2018, worth a combined $70.2M — up 25% from $56.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXB and 4 opened new positions — a net loss of 9 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was Wolverine Asset Management, adding an estimated $7.78M. The largest seller was Timber Hill, exiting entirely with an estimated $3.77M sold.
- 41 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q1 2018, down from 50 in Q4 2017.
- Funds reported $70.2M of Invesco CurrencyShares British Pound Sterling Trust stock for Q1 2018, up 25% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q1 2018 and 13 closed out, a net change of -9 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q1 2018 was Wolverine Asset Management, an estimated $7.78M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q1 2018 was Timber Hill, an estimated $3.77M sold.
Based on aggregated 13F filings for Q1 2018.