Invesco CurrencyShares British Pound Sterling Trust
FXB
34 hedge funds and large institutions have $55.3M invested in Invesco CurrencyShares British Pound Sterling Trust in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 14 closing their positions.
7% more capital invested
Capital invested by funds: $51.7M → $55.3M (+$3.61M)
5.78% more ownership
Funds ownership: 30.92% → 36.71% (+5.8%)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
26% less funds holding
Funds holding: 46 → 34 (-12)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
69% less call options, than puts
Call options by funds: $21.4M | Put options by funds: $69.9M
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$10.3M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$6.72M |
| 3 |
IA
IndexIQ Advisors
New York
|
+$4.67M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$3.16M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$7.39M |
| 2 |
PWAC
Private Wealth Advisors (California)
Fresno,
California
|
-$2.17M |
| 3 |
QAM
Q3 Asset Management
Birmingham,
Michigan
|
-$1.74M |
| 4 |
GTC
Ghost Tree Capital
New York
|
-$1.49M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$892K |
FXB Hedge Fund Activity: Q1 2020 in Review
34 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares British Pound Sterling Trust (FXB) for Q1 2020, worth a combined $55.3M — up 7% from $51.7M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FXB and 6 opened new positions — a net loss of 8 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Wolverine Asset Management, adding an estimated $10.3M. The largest seller was Jane Street, cutting an estimated $7.39M.
- 34 institutional investors held Invesco CurrencyShares British Pound Sterling Trust (FXB) as of Q1 2020, down from 46 in Q4 2019.
- Funds reported $55.3M of Invesco CurrencyShares British Pound Sterling Trust stock for Q1 2020, up 7% quarter-over-quarter.
- 6 funds opened new Invesco CurrencyShares British Pound Sterling Trust positions in Q1 2020 and 14 closed out, a net change of -8 holders.
- The largest Invesco CurrencyShares British Pound Sterling Trust buyer in Q1 2020 was Wolverine Asset Management, an estimated $10.3M added.
- The largest Invesco CurrencyShares British Pound Sterling Trust seller in Q1 2020 was Jane Street, an estimated $7.39M sold.
Based on aggregated 13F filings for Q1 2020.