Invesco CurrencyShares Euro Currency Trust
FXE
48 hedge funds and large institutions have $129M invested in Invesco CurrencyShares Euro Currency Trust in 2020 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 12 reducing their positions, and 10 closing their positions.
8% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 12
2% less funds holding
Funds holding: 49 → 48 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
18% less capital invested
Capital invested by funds: $157M → $129M (-$28.2M)
37.02% less ownership
Funds ownership: 73.14% → 36.12% (-37%)
48% less call options, than puts
Call options by funds: $181M | Put options by funds: $345M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$9.23M |
| 2 |
Goldman Sachs
New York
|
+$5.61M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$3.63M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$3.34M |
| 5 |
Morgan Stanley
New York
|
+$3.33M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$56.5M |
| 2 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
-$3.4M |
| 3 |
APW
Acima Private Wealth
Richmond,
Virginia
|
-$2M |
| 4 |
Barclays
London,
United Kingdom
|
-$1.94M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.63M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SC
51
Scotia Capital
Toronto,
Ontario, Canada
| – | -$497K | -4,503 | Closed |
|
|
TSS
52
Two Sigma Securities
New York
| – | -$379K | -3,437 | Closed |
|
53
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$308K | -2,795 | Closed |
|
54
Neuberger Berman Group
New York
| – | -$237K | -2,150 | Closed |
|
|
XS
55
XR Securities
Chicago,
Illinois
| – | -$237K | -2,149 | Closed |
|
|
VF
56
Virtu Financial
New York
| – | -$218K | -1,973 | Closed |
|
|
JCM
57
Jacobi Capital Management
Pittston,
Pennsylvania
| – | -$1K | -10 | Closed |
|
FXE Hedge Fund Activity: Q4 2020 in Review
48 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q4 2020, worth a combined $129M — down 18% from $157M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXE and 9 opened new positions — a net loss of 1 holder — while 12 trimmed existing stakes and 13 added.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $9.23M. The largest seller was Citadel Advisors, cutting an estimated $56.5M.
- 48 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q4 2020, down from 49 in Q3 2020.
- Funds reported $129M of Invesco CurrencyShares Euro Currency Trust stock for Q4 2020, down 18% quarter-over-quarter.
- 9 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q4 2020 and 10 closed out, a net change of -1 holder.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q4 2020 was Wolverine Trading, an estimated $9.23M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q4 2020 was Citadel Advisors, an estimated $56.5M sold.
Based on aggregated 13F filings for Q4 2020.