Invesco CurrencyShares Euro Currency Trust
FXE
46 hedge funds and large institutions have $183M invested in Invesco CurrencyShares Euro Currency Trust in 2018 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 16 increasing their positions, 15 reducing their positions, and 19 closing their positions.
7% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 15
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
20.52% less ownership
Funds ownership: 87.25% → 66.73% (-21%)
24% less call options, than puts
Call options by funds: $412M | Put options by funds: $544M
25% less funds holding
Funds holding: 61 → 46 (-15)
36% less capital invested
Capital invested by funds: $288M → $183M (-$104M)
74% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Parallax Volatility Advisers
San Francisco,
California
|
+$12.2M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$5.99M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$2.44M |
| 4 |
SG Americas Securities
New York
|
+$2.09M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$35.5M |
| 2 |
Morgan Stanley
New York
|
-$19M |
| 3 |
JP Morgan Chase
New York
|
-$11.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.46M |
| 5 |
Citigroup
New York
|
-$8.54M |
FXE Hedge Fund Activity: Q2 2018 in Review
46 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2018, worth a combined $183M — down 36% from $288M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of FXE and 5 opened new positions — a net loss of 14 holders — while 15 trimmed existing stakes and 16 added.
The largest buyer was Parallax Volatility Advisers, adding an estimated $12.2M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $35.5M sold.
- 46 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2018, down from 61 in Q1 2018.
- Funds reported $183M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2018, down 36% quarter-over-quarter.
- 5 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2018 and 19 closed out, a net change of -14 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2018 was Parallax Volatility Advisers, an estimated $12.2M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2018 was BNP Paribas Financial Markets, an estimated $35.5M sold.
Based on aggregated 13F filings for Q2 2018.