Invesco CurrencyShares Euro Currency Trust
FXE
44 hedge funds and large institutions have $446M invested in Invesco CurrencyShares Euro Currency Trust in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 15 closing their positions.
13.22% more ownership
Funds ownership: 148.49% → 161.71% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2% less capital invested
Capital invested by funds: $454M → $446M (-$8.1M)
12% less funds holding
Funds holding: 50 → 44 (-6)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
62% less call options, than puts
Call options by funds: $490M | Put options by funds: $1.3B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$69.2M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$18.5M |
| 3 |
VF
Virtu Financial
New York
|
+$11.8M |
| 4 |
ICM
Ionic Capital Management
New York
|
+$8.1M |
| 5 |
HSBC Holdings
London,
United Kingdom
|
+$3.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$29.1M |
| 2 |
IA
IndexIQ Advisors
New York
|
-$22M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$15.5M |
| 4 |
JP Morgan Chase
New York
|
-$13.9M |
| 5 |
AIM
Astor Investment Management
Chicago,
Illinois
|
-$11.9M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
51
HRT Financial
New York
| – | -$223K | -2,012 | Closed |
|
|
CIM
52
Cambria Investment Management
Manhattan Beach,
California
| – | -$223K | -2,008 | Closed |
|
53
LPL Financial
San Diego,
California
| – | -$215K | -1,936 | Closed |
|
54
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$111K | -1,002 | Closed |
|
|
AP
55
Advisors Preferred
Rockville,
Maryland
| – | -$47K | -427 | Closed |
|
|
FPTW
56
Franklin, Parlapiano, Turner & Welch
Houston,
Texas
| – | -$43K | -386 | Closed |
|
|
IA
57
IFP Advisors
Tampa,
Florida
| – | -$11K | -100 | Closed |
|
FXE Hedge Fund Activity: Q2 2016 in Review
44 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2016, worth a combined $446M — down 1.8% from $454M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of FXE and 9 opened new positions — a net loss of 6 holders — while 13 trimmed existing stakes and 11 added.
The largest buyer was Bank of America, adding an estimated $69.2M. The largest seller was Morgan Stanley, cutting an estimated $29.1M.
- 44 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2016, down from 50 in Q1 2016.
- Funds reported $446M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2016, down 1.8% quarter-over-quarter.
- 9 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2016 and 15 closed out, a net change of -6 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2016 was Bank of America, an estimated $69.2M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2016 was Morgan Stanley, an estimated $29.1M sold.
Based on aggregated 13F filings for Q2 2016.