Invesco CurrencyShares Canadian Dollar Trust
41 hedge funds and large institutions have $73.4M invested in Invesco CurrencyShares Canadian Dollar Trust in 2014 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 17 closing their positions.
5.05% more ownership
Funds ownership: 22.3% → 27.35% (+5%)
3% more capital invested
Capital invested by funds: $71M → $73.4M (+$2.45M)
20% less funds holding
Funds holding: 51 → 41 (-10)
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
61% less call options, than puts
Call options by funds: $10.6M | Put options by funds: $27.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$9.59M |
| 2 |
JP Morgan Chase
New York
|
+$9.11M |
| 3 |
Jane Street
New York
|
+$2M |
| 4 |
Goldman Sachs
New York
|
+$1.89M |
| 5 |
V
Veritable
Wilmington,
Delaware
|
+$1.08M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$6.39M |
| 2 |
VF
Virtu Financial
New York
|
-$4.39M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.49M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.19M |
| 5 |
Morgan Stanley
New York
|
-$1.14M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HNB
51
Huntington National Bank
Columbus,
Ohio
| – | -$26K | -278 | Closed |
|
|
VIA
52
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$24K | -260 | Closed |
|
|
S
53
SignatureFD
Atlanta,
Georgia
| – | -$19K | -204 | Closed |
|
|
ARMC
54
American Research & Management Company
Marion,
Massachusetts
| – | -$14K | -150 | Closed |
|
55
Creative Planning
Overland Park,
Kansas
| – | -$9K | -100 | Closed |
|
|
TF
56
Tompkins Financial
Ithaca,
New York
| – | -$9K | -100 | Closed |
|
57
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$3K | -29 | Closed |
|
|
ASN
58
Advisory Services Network
Atlanta,
Georgia
| – | -$1K | -10 | Closed |
|
FXC Hedge Fund Activity: Q1 2014 in Review
41 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Canadian Dollar Trust (FXC) for Q1 2014, worth a combined $73.4M — up 3.5% from $71M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXC and 7 opened new positions — a net loss of 10 holders — while 14 trimmed existing stakes and 7 added.
The largest buyer was Citigroup, adding an estimated $9.59M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $6.39M sold.
- 41 institutional investors held Invesco CurrencyShares Canadian Dollar Trust (FXC) as of Q1 2014, down from 51 in Q4 2013.
- Funds reported $73.4M of Invesco CurrencyShares Canadian Dollar Trust stock for Q1 2014, up 3.5% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Canadian Dollar Trust positions in Q1 2014 and 17 closed out, a net change of -10 holders.
- The largest Invesco CurrencyShares Canadian Dollar Trust buyer in Q1 2014 was Citigroup, an estimated $9.59M added.
- The largest Invesco CurrencyShares Canadian Dollar Trust seller in Q1 2014 was Virtu KCG Holdings, an estimated $6.39M sold.
Based on aggregated 13F filings for Q1 2014.