Invesco CurrencyShares Euro Currency Trust
FXE
46 hedge funds and large institutions have $414M invested in Invesco CurrencyShares Euro Currency Trust in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 12 increasing their positions, 15 reducing their positions, and 7 closing their positions.
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
14% more call options, than puts
Call options by funds: $612M | Put options by funds: $537M
2% more funds holding
Funds holding: 45 → 46 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
5.54% less ownership
Funds ownership: 131.69% → 126.15% (-5.5%)
15% less capital invested
Capital invested by funds: $487M → $414M (-$73.4M)
20% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$23.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.62M |
| 3 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$6.18M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$4.1M |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$57.3M |
| 2 |
Morgan Stanley
New York
|
-$46.1M |
| 3 |
MSU
Mizuho Securities USA
New York
|
-$16.1M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$9.94M |
| 5 |
JP Morgan Chase
New York
|
-$5.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CPA
51
Clear Perspective Advisors
Aurora,
Illinois
| – | -$110K | -1,000 | Closed |
|
|
AG
52
Advisor Group
Phoenix,
Arizona
| – | -$22K | -200 | Closed |
|
53
Creative Planning
Overland Park,
Kansas
| – | -$10K | -94 | Closed |
|
|
TFA
54
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -1 | Closed |
|
FXE Hedge Fund Activity: Q3 2017 in Review
46 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2017, worth a combined $414M — down 15% from $487M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new FXE positions and 7 closed out — a net gain of 2 holders — while 12 added to existing stakes and 15 trimmed.
The largest buyer was Bank of Nova Scotia, opening a new position worth an estimated $23.5M. The largest seller was Citigroup, cutting an estimated $57.3M.
- 46 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2017, up from 45 in Q2 2017.
- Funds reported $414M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2017, down 15% quarter-over-quarter.
- 9 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2017 and 7 closed out, a net change of +2 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2017 was Bank of Nova Scotia, an estimated $23.5M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2017 was Citigroup, an estimated $57.3M sold.
Based on aggregated 13F filings for Q3 2017.