Invesco CurrencyShares Euro Currency Trust
FXE
34 hedge funds and large institutions have $632M invested in Invesco CurrencyShares Euro Currency Trust in 2014 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 16 reducing their positions, and 8 closing their positions.
6% less capital invested
Capital invested by funds: $669M → $632M (-$37.2M)
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
40% less call options, than puts
Call options by funds: $213M | Put options by funds: $355M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
63% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 16
68.06% less ownership
Funds ownership: 328.04% → 259.99% (-68%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$27.4M |
| 2 |
Morgan Stanley
New York
|
+$17.3M |
| 3 |
Barclays
London,
United Kingdom
|
+$7.32M |
| 4 |
Jane Street
New York
|
+$1.11M |
| 5 |
Millennium Management
New York
|
+$404K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$25.6M |
| 2 |
JP Morgan Chase
New York
|
-$14.3M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.27M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$7.98M |
| 5 |
VF
Virtu Financial
New York
|
-$7.19M |
FXE Hedge Fund Activity: Q2 2014 in Review
34 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2014, worth a combined $632M — down 5.6% from $669M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of FXE and 6 opened new positions — a net loss of 2 holders — while 16 trimmed existing stakes and 6 added.
The largest buyer was Goldman Sachs, adding an estimated $27.4M. The largest seller was Citigroup, cutting an estimated $25.6M.
- 34 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2014, down from 36 in Q1 2014.
- Funds reported $632M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2014, down 5.6% quarter-over-quarter.
- 6 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2014 and 8 closed out, a net change of -2 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2014 was Goldman Sachs, an estimated $27.4M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2014 was Citigroup, an estimated $25.6M sold.
Based on aggregated 13F filings for Q2 2014.