Invesco CurrencyShares Euro Currency Trust
FXE
59 hedge funds and large institutions have $86.2M invested in Invesco CurrencyShares Euro Currency Trust in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 22 reducing their positions, and 14 closing their positions.
5% less call options, than puts
Call options by funds: $35.2M | Put options by funds: $37.2M
8.59% less ownership
Funds ownership: 46.11% → 37.52% (-8.6%)
12% less funds holding
Funds holding: 67 → 59 (-8)
26% less capital invested
Capital invested by funds: $116M → $86.2M (-$30M)
50% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 14
55% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 22
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.72M |
| 2 |
Comerica Bank
Dallas,
Texas
|
+$2.53M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.56M |
| 4 |
HT
HAP Trading
New York
|
+$1.18M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$1.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$11.5M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$6.17M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.48M |
| 4 |
WAM
Worth Asset Management
Dallas,
Texas
|
-$2.04M |
| 5 |
VF
Virtu Financial
New York
|
-$1.67M |
FXE Hedge Fund Activity: Q3 2023 in Review
59 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2023, worth a combined $86.2M — down 26% from $116M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of FXE and 7 opened new positions — a net loss of 7 holders — while 22 trimmed existing stakes and 10 added.
The largest buyer was Morgan Stanley, adding an estimated $5.72M. The largest seller was Jane Street, cutting an estimated $11.5M.
- 59 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2023, down from 67 in Q2 2023.
- Funds reported $86.2M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2023, down 26% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2023 and 14 closed out, a net change of -7 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2023 was Morgan Stanley, an estimated $5.72M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2023 was Jane Street, an estimated $11.5M sold.
Based on aggregated 13F filings for Q3 2023.