Invesco CurrencyShares Euro Currency Trust
FXE
39 hedge funds and large institutions have $74.9M invested in Invesco CurrencyShares Euro Currency Trust in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 13 closing their positions.
11.6% less ownership
Funds ownership: 49.13% → 37.53% (-12%)
22% less funds holding
Funds holding: 50 → 39 (-11)
29% less capital invested
Capital invested by funds: $105M → $74.9M (-$30.4M)
35% less call options, than puts
Call options by funds: $16.7M | Put options by funds: $25.7M
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
77% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$22.7M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.46M |
| 3 |
Jane Street
New York
|
+$319K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$195K |
| 5 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$30.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$24.5M |
| 2 |
Goldman Sachs
New York
|
-$10M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$4.67M |
| 4 |
APW
Acima Private Wealth
Richmond,
Virginia
|
-$3.06M |
| 5 |
VF
Virtu Financial
New York
|
-$2.41M |
FXE Hedge Fund Activity: Q1 2024 in Review
39 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q1 2024, worth a combined $74.9M — down 29% from $105M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of FXE and 3 opened new positions — a net loss of 10 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Susquehanna International Group, adding an estimated $22.7M. The largest seller was Morgan Stanley, cutting an estimated $24.5M.
- 39 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q1 2024, down from 50 in Q4 2023.
- Funds reported $74.9M of Invesco CurrencyShares Euro Currency Trust stock for Q1 2024, down 29% quarter-over-quarter.
- 3 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q1 2024 and 13 closed out, a net change of -10 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q1 2024 was Susquehanna International Group, an estimated $22.7M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q1 2024 was Morgan Stanley, an estimated $24.5M sold.
Based on aggregated 13F filings for Q1 2024.