Invesco CurrencyShares Canadian Dollar Trust
33 hedge funds and large institutions have $50.8M invested in Invesco CurrencyShares Canadian Dollar Trust in 2015 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 8 closing their positions.
3% less funds holding
Funds holding: 34 → 33 (-1)
10.35% less ownership
Funds ownership: 33.57% → 23.22% (-10%)
13% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 8
16% less capital invested
Capital invested by funds: $60.6M → $50.8M (-$9.8M)
35% less call options, than puts
Call options by funds: $6.16M | Put options by funds: $9.4M
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$3.7M |
| 2 |
FTIOP
Fiduciary Trust International of Pennsylvania
Radnor,
Pennsylvania
|
+$1.62M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.16M |
| 4 |
AA
Ancora Advisors
Cleveland,
Ohio
|
+$1.01M |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$418K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$9.45M |
| 2 |
VF
Virtu Financial
New York
|
-$5.09M |
| 3 |
Morgan Stanley
New York
|
-$2.29M |
| 4 |
V
Veritable
Wilmington,
Delaware
|
-$628K |
| 5 |
Citigroup
New York
|
-$526K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KT
26
Kanaly Trust
Houston,
Texas
| $41K | – | – | – |
|
|
LFR
27
Lehman Financial Resources
Media,
Pennsylvania
| $41K | – | – | – |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $38K | -$405K | -5,000 | -91% |
|
|
DOA
29
D'Orazio & Associates
Falls Church,
Virginia
| $19K | – | – | – |
|
|
WTC
30
WhitTier Trust Company
Reno,
Nevada
| $8K | – | – | – |
|
|
WA
31
WFG Advisors
Dallas,
Texas
| $5K | – | – | – |
|
|
PG
32
Patten Group
Chattanooga,
Tennessee
| $3.98K | +$4.04K | +50 | New |
|
|
VF
33
Virtu Financial
New York
| – | -$5.09M | -64,878 | Closed |
|
|
V
34
Veritable
Wilmington,
Delaware
| – | -$628K | -8,000 | Closed |
|
|
SWA
35
SFMG Wealth Advisors
Plano,
Texas
| – | -$259K | -3,300 | Closed |
|
36
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$94K | -1,200 | Closed |
|
37
Creative Planning
Overland Park,
Kansas
| – | -$39K | -500 | Closed |
|
|
TSW
38
Thompson Siegel & Walmsley
Richmond,
Virginia
| – | -$39K | -500 | Closed |
|
|
MFS
39
MSI Financial Services
Springfield,
Massachusetts
| – | -$15K | -189 | Closed |
|
40
US Bancorp
Minneapolis,
Minnesota
| – | -$2K | -21 | Closed |
|
FXC Hedge Fund Activity: Q2 2015 in Review
33 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Canadian Dollar Trust (FXC) for Q2 2015, worth a combined $50.8M — down 16% from $60.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXC and 7 opened new positions — a net loss of 1 holder — while 11 trimmed existing stakes and 3 added.
The largest buyer was Goldman Sachs, opening a new position worth an estimated $3.7M. The largest seller was Timber Hill, cutting an estimated $9.45M.
- 33 institutional investors held Invesco CurrencyShares Canadian Dollar Trust (FXC) as of Q2 2015, down from 34 in Q1 2015.
- Funds reported $50.8M of Invesco CurrencyShares Canadian Dollar Trust stock for Q2 2015, down 16% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Canadian Dollar Trust positions in Q2 2015 and 8 closed out, a net change of -1 holder.
- The largest Invesco CurrencyShares Canadian Dollar Trust buyer in Q2 2015 was Goldman Sachs, an estimated $3.7M added.
- The largest Invesco CurrencyShares Canadian Dollar Trust seller in Q2 2015 was Timber Hill, an estimated $9.45M sold.
Based on aggregated 13F filings for Q2 2015.