Invesco CurrencyShares Euro Currency Trust
FXE
48 hedge funds and large institutions have $169M invested in Invesco CurrencyShares Euro Currency Trust in 2018 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 10 closing their positions.
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
7.43% more ownership
Funds ownership: 66.73% → 74.16% (+7.4%)
4% more funds holding
Funds holding: 46 → 48 (+2)
8% less capital invested
Capital invested by funds: $183M → $169M (-$14.4M)
14% less call options, than puts
Call options by funds: $416M | Put options by funds: $482M
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$33.4M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$15.7M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.77M |
| 4 |
Citigroup
New York
|
+$2.43M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$16.9M |
| 2 |
MSU
Mizuho Securities USA
New York
|
-$16.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$12.2M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.3M |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
-$8.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
Q
51
QVR
San Francisco,
California
| – | -$2.96M | -26,537 | Closed |
|
|
FTUS
52
Flow Traders U.S.
New York
| – | -$975K | -8,702 | Closed |
|
53
Citadel Advisors
Miami,
Florida
| – | -$700K | -6,283 | Closed |
|
|
RWA
54
Ropes Wealth Advisors
Boston,
Massachusetts
| – | -$90K | -800 | Closed |
|
55
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$7K | -65 | Closed |
|
|
TIM
56
Tortoise Investment Management
White Plains,
New York
| – | -$5K | -45 | Closed |
|
57
AssetMark Inc
Concord,
California
| – | -$5K | -41 | Closed |
|
|
HNB
58
Huntington National Bank
Columbus,
Ohio
| – | +$111 | +1 | New |
|
FXE Hedge Fund Activity: Q3 2018 in Review
48 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2018, worth a combined $169M — down 7.9% from $183M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXE positions and 10 closed out — a net gain of 2 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $33.4M. The largest seller was Bank of America, cutting an estimated $16.9M.
- 48 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2018, up from 46 in Q2 2018.
- Funds reported $169M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2018, down 7.9% quarter-over-quarter.
- 12 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2018 and 10 closed out, a net change of +2 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2018 was BNP Paribas Financial Markets, an estimated $33.4M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2018 was Bank of America, an estimated $16.9M sold.
Based on aggregated 13F filings for Q3 2018.