Invesco CurrencyShares Canadian Dollar Trust
46 hedge funds and large institutions have $69.6M invested in Invesco CurrencyShares Canadian Dollar Trust in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 19 reducing their positions, and 10 closing their positions.
3.43% less ownership
Funds ownership: 23.45% → 20.03% (-3.4%)
8% less funds holding
Funds holding: 50 → 46 (-4)
27% less capital invested
Capital invested by funds: $95.3M → $69.6M (-$25.7M)
30% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 10
58% less call options, than puts
Call options by funds: $9.19M | Put options by funds: $21.7M
63% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 19
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$8.62M |
| 2 |
VF
Virtu Financial
New York
|
+$4.02M |
| 3 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
+$1.84M |
| 4 |
SC
Scotia Capital
Toronto,
Ontario, Canada
|
+$1.2M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$721K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$19.1M |
| 2 |
Goldman Sachs
New York
|
-$5.29M |
| 3 |
SBH
Segall Bryant & Hamill
Chicago,
Illinois
|
-$4.87M |
| 4 |
Morgan Stanley
New York
|
-$3.5M |
| 5 |
NHFG
New Harbor Financial Group
Worcester,
Massachusetts
|
-$3.19M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
LPL Financial
San Diego,
California
| – | -$336K | -3,550 | Closed |
|
|
PCMC
52
Paragon Capital Management (Colorado)
Denver,
Colorado
| – | -$321K | -3,400 | Closed |
|
53
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$275K | -2,917 | Closed |
|
54
JP Morgan Chase
New York
| – | -$219K | -2,310 | Closed |
|
|
OWP
55
Obermeyer Wealth Partners
Aspen,
Colorado
| – | -$131K | -1,390 | Closed |
|
|
MIM
56
Macroview Investment Management
Bethesda,
Maryland
| – | -$7K | -70 | Closed |
|
FXC Hedge Fund Activity: Q3 2013 in Review
46 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Canadian Dollar Trust (FXC) for Q3 2013, worth a combined $69.6M — down 27% from $95.3M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXC and 7 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 7 added.
The largest buyer was Citigroup, adding an estimated $8.62M. The largest seller was Timber Hill, cutting an estimated $19.1M.
- 46 institutional investors held Invesco CurrencyShares Canadian Dollar Trust (FXC) as of Q3 2013, down from 50 in Q2 2013.
- Funds reported $69.6M of Invesco CurrencyShares Canadian Dollar Trust stock for Q3 2013, down 27% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Canadian Dollar Trust positions in Q3 2013 and 10 closed out, a net change of -3 holders.
- The largest Invesco CurrencyShares Canadian Dollar Trust buyer in Q3 2013 was Citigroup, an estimated $8.62M added.
- The largest Invesco CurrencyShares Canadian Dollar Trust seller in Q3 2013 was Timber Hill, an estimated $19.1M sold.
Based on aggregated 13F filings for Q3 2013.