Invesco CurrencyShares Euro Currency Trust
FXE
40 hedge funds and large institutions have $685M invested in Invesco CurrencyShares Euro Currency Trust in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 9 closing their positions.
101.29% more ownership
Funds ownership: 183.02% → 284.31% (+101%)
2% more capital invested
Capital invested by funds: $673M → $685M (+$12.5M)
5% less funds holding
Funds holding: 42 → 40 (-2)
11% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 9
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
69% less call options, than puts
Call options by funds: $159M | Put options by funds: $507M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$20.4M |
| 2 |
HT
HAP Trading
New York
|
+$15.1M |
| 3 |
Jane Street
New York
|
+$10.3M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$4.44M |
| 5 |
VF
Virtu Financial
New York
|
+$2.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$32.9M |
| 2 |
JT
Jump Trading
Chicago,
Illinois
|
-$9.81M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.3M |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$3.38M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$3.31M |
FXE Hedge Fund Activity: Q3 2013 in Review
40 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2013, worth a combined $685M — up 1.9% from $673M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FXE and 8 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 6 added.
The largest buyer was Citigroup, adding an estimated $20.4M. The largest seller was Royal Bank of Canada, cutting an estimated $32.9M.
- 40 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2013, down from 42 in Q2 2013.
- Funds reported $685M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2013, up 1.9% quarter-over-quarter.
- 8 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2013 and 9 closed out, a net change of -1 holder.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2013 was Citigroup, an estimated $20.4M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2013 was Royal Bank of Canada, an estimated $32.9M sold.
Based on aggregated 13F filings for Q3 2013.