Invesco CurrencyShares Euro Currency Trust
FXE
44 hedge funds and large institutions have $207M invested in Invesco CurrencyShares Euro Currency Trust in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 12 closing their positions.
23% more capital invested
Capital invested by funds: $169M → $207M (+$38.3M)
18.2% more ownership
Funds ownership: 74.16% → 92.36% (+18%)
18% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 11
18% more call options, than puts
Call options by funds: $256M | Put options by funds: $217M
8% less funds holding
Funds holding: 48 → 44 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$21.4M |
| 2 |
IA
IndexIQ Advisors
New York
|
+$18M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$12.7M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$3.96M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$11.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$5.72M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$3.28M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.97M |
| 5 |
FSA
Financial Sense Advisors
San Diego,
California
|
-$1.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CCM
51
Crabel Capital Management
Los Angeles,
California
| – | -$305K | -2,742 | Closed |
|
52
SG Americas Securities
New York
| – | -$266K | -2,391 | Closed |
|
|
XS
53
XR Securities
Chicago,
Illinois
| – | -$207K | -1,864 | Closed |
|
|
VCM
54
Versant Capital Management
Phoenix,
Arizona
| – | -$16K | -150 | Closed |
|
55
JP Morgan Chase
New York
| – | +$109 | +1 | New |
|
FXE Hedge Fund Activity: Q4 2018 in Review
44 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q4 2018, worth a combined $207M — up 23% from $169M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of FXE and 8 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 13 added.
The largest buyer was Wolverine Trading, adding an estimated $21.4M. The largest seller was Bank of Montreal, cutting an estimated $11.5M.
- 44 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q4 2018, down from 48 in Q3 2018.
- Funds reported $207M of Invesco CurrencyShares Euro Currency Trust stock for Q4 2018, up 23% quarter-over-quarter.
- 8 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q4 2018 and 12 closed out, a net change of -4 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q4 2018 was Wolverine Trading, an estimated $21.4M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q4 2018 was Bank of Montreal, an estimated $11.5M sold.
Based on aggregated 13F filings for Q4 2018.