Invesco CurrencyShares Canadian Dollar Trust
28 hedge funds and large institutions have $20M invested in Invesco CurrencyShares Canadian Dollar Trust in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 8 closing their positions.
2% less call options, than puts
Call options by funds: $9.26M | Put options by funds: $9.43M
10% less funds holding
Funds holding: 31 → 28 (-3)
14.67% less ownership
Funds ownership: 28.21% → 13.54% (-15%)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
53% less capital invested
Capital invested by funds: $42.8M → $20M (-$22.8M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.57M |
| 2 |
Jane Street
New York
|
+$1.55M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.44M |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
+$534K |
| 5 |
Walleye Trading
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.1M |
| 2 |
VF
Virtu Financial
New York
|
-$8.4M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$8.25M |
| 4 |
Morgan Stanley
New York
|
-$874K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$394K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $3K | – | – | – |
|
27
Parallax Volatility Advisers
San Francisco,
California
| $3K | – | – | – |
|
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$11.1M | -149,437 | Closed |
|
|
29
Wolverine Trading
Chicago,
Illinois
| – | -$8.25M | -114,206 | Closed |
|
|
30
CIBC World Market
Toronto,
Ontario, Canada
| – | -$394K | -5,455 | Closed |
|
31
Barclays
London,
United Kingdom
| – | -$134K | -1,809 | Closed |
|
32
Group One Trading
Chicago,
Illinois
| – | -$116K | -1,565 | Closed |
|
|
RFA
33
Reilly Financial Advisors
La Mesa,
California
| – | -$49K | -680 | Closed |
|
|
AIC
34
Ameritas Investment Company
Lincoln,
Nebraska
| – | -$27K | -379 | Closed |
|
|
EWA
35
Evolution Wealth Advisors
Aventura,
Florida
| – | -$22K | -300 | Closed |
|
FXC Hedge Fund Activity: Q1 2019 in Review
28 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Canadian Dollar Trust (FXC) for Q1 2019, worth a combined $20M — down 53% from $42.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXC and 5 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $2.57M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $11.1M sold.
- 28 institutional investors held Invesco CurrencyShares Canadian Dollar Trust (FXC) as of Q1 2019, down from 31 in Q4 2018.
- Funds reported $20M of Invesco CurrencyShares Canadian Dollar Trust stock for Q1 2019, down 53% quarter-over-quarter.
- 5 funds opened new Invesco CurrencyShares Canadian Dollar Trust positions in Q1 2019 and 8 closed out, a net change of -3 holders.
- The largest Invesco CurrencyShares Canadian Dollar Trust buyer in Q1 2019 was Citadel Advisors, an estimated $2.57M added.
- The largest Invesco CurrencyShares Canadian Dollar Trust seller in Q1 2019 was Susquehanna International Group, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2019.