Invesco CurrencyShares Euro Currency Trust
FXE
49 hedge funds and large institutions have $157M invested in Invesco CurrencyShares Euro Currency Trust in 2020 Q3 according to their latest regulatory filings, with 17 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 12 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
29.52% more ownership
Funds ownership: 43.62% → 73.14% (+30%)
28% more capital invested
Capital invested by funds: $123M → $157M (+$34.2M)
11% more funds holding
Funds holding: 44 → 49 (+5)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
29% less call options, than puts
Call options by funds: $183M | Put options by funds: $256M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$22.3M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$6.04M |
| 3 |
Morgan Stanley
New York
|
+$5.28M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.61M |
| 5 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IndexIQ Advisors
New York
|
-$12.8M |
| 2 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
-$4.38M |
| 3 |
APW
Acima Private Wealth
Richmond,
Virginia
|
-$1.33M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.06M |
| 5 |
SCM
SOL Capital Management
Rockville,
Maryland
|
-$676K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wolverine Trading
Chicago,
Illinois
| – | -$673K | -6,352 | Closed |
|
|
CG
52
Cutler Group
San Francisco,
California
| – | -$348K | -3,153 | Closed |
|
|
PAS
53
Partnervest Advisory Services
Santa Barbara,
California
| – | -$232K | -2,190 | Closed |
|
54
Stifel Financial
St. Louis,
Missouri
| – | -$228K | -2,155 | Closed |
|
|
GTC
55
Ghost Tree Capital
New York
| – | -$212K | -2,000 | Closed |
|
|
AF
56
Advisornet Financial
Minnetonka,
Minnesota
| – | -$37K | -349 | Closed |
|
|
PIMG
57
Patriot Investment Management Group
Knoxville,
Tennessee
| – | -$24.1K | -227 | Closed |
|
58
JP Morgan Chase
New York
| – | -$2K | -20 | Closed |
|
|
PAG
59
Private Advisor Group
Morristown,
New Jersey
| – | -$1K | -9 | Closed |
|
|
TFA
60
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$1K | -4 | Closed |
|
FXE Hedge Fund Activity: Q3 2020 in Review
49 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2020, worth a combined $157M — up 28% from $123M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new FXE positions and 12 closed out — a net gain of 5 holders — while 12 added to existing stakes and 8 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $22.3M. The largest seller was IndexIQ Advisors, cutting an estimated $12.8M.
- 49 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2020, up from 44 in Q2 2020.
- Funds reported $157M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2020, up 28% quarter-over-quarter.
- 17 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2020 and 12 closed out, a net change of +5 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2020 was Citadel Advisors, an estimated $22.3M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2020 was IndexIQ Advisors, an estimated $12.8M sold.
Based on aggregated 13F filings for Q3 2020.