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Invesco CurrencyShares Euro Currency Trust

39 hedge funds and large institutions have $605M invested in Invesco CurrencyShares Euro Currency Trust in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 23 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

3% less funds holding

Funds holding: 4039 (-1)

12% less capital invested

Capital invested by funds: $685M → $605M (-$80.1M)

14% less first-time investments, than exits

New positions opened: 6 | Existing positions closed: 7

39% less call options, than puts

Call options by funds: $339M | Put options by funds: $556M

67.33% less ownership

Funds ownership: 284.31%216.98% (-67%)

83% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 23

Holders
39
Holders Change
-1
Holders Change %
-2.5%
% of All Funds
1.13%
Holding in Top 10
2
Holding in Top 10 Change
+2
Holding in Top 10 Change %
% of All Funds
0.06%
New
6
Increased
4
Reduced
23
Closed
7
Calls
$339M
Puts
$556M
Net Calls
-$217M
Net Calls Change
+$131M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$201M -$8.93M -66,310 -4%
Citigroup
2
Citigroup
New York
$153M -$13.5M -100,451 -8%
Goldman Sachs
3
Goldman Sachs
New York
$72.2M -$11.6M -86,289 -14%
JP Morgan Chase
4
JP Morgan Chase
New York
$40.6M -$50.7M -376,351 -56%
TH
5
Timber Hill
Connecticut
$24.3M +$13.4M +99,822 +126%
JT
6
Jump Trading
Illinois
$19.5M +$19.3M +143,413 New
LCM
7
Lakewood Capital Management
New York
$12.3M
Bank of America
8
Bank of America
North Carolina
$11.3M -$267K -1,980 -2%
Capstone Investment Advisors
9
Capstone Investment Advisors
New York
$10.1M +$10M +74,286 New
LPL Financial
10
LPL Financial
California
$7.74M -$2.79M -20,702 -27%
VKH
11
Virtu KCG Holdings
New York
$7.4M +$4.89M +36,332 +201%
SG Americas Securities
12
SG Americas Securities
New York
$6.81M
Jane Street
13
Jane Street
New York
$6.36M -$4.24M -31,526 -40%
QA
14
Quantitative Advantage
Minnesota
$5.94M -$784K -5,823 -12%
Wells Fargo
15
Wells Fargo
California
$3.78M +$227K +1,684 +6%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$3.7M -$4.41M -32,784 -55%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$3.4M -$6.06K -45 -0.2%
IA
18
IndexIQ Advisors
New York
$2.65M -$259K -1,925 -9%
RNS
19
Robert N. Shapiro
$2.16M
HT
20
HAP Trading
New York
$1.54M -$13.9M -103,389 -90%
U
21
UBS
Switzerland
$1.54M -$223K -1,658 -13%
GWI
22
Grace & White Inc
New York
$938K
CMP
23
Courage Miller Partners
Virginia
$896K -$67.5K -501 -7%
Verition Fund Management
24
Verition Fund Management
Connecticut
$889K +$880K +6,536 New
Deutsche Bank
25
Deutsche Bank
Germany
$840K -$36K -267 -4%

FXE Hedge Fund Activity: Q4 2013 in Review

39 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q4 2013, worth a combined $605M — down 12% from $685M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of FXE and 6 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 4 added.

The largest buyer was Jump Trading, opening a new position worth an estimated $19.3M. The largest seller was JP Morgan Chase, cutting an estimated $50.7M.

  • 39 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q4 2013, down from 40 in Q3 2013.
  • Funds reported $605M of Invesco CurrencyShares Euro Currency Trust stock for Q4 2013, down 12% quarter-over-quarter.
  • 6 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q4 2013 and 7 closed out, a net change of -1 holder.
  • The largest Invesco CurrencyShares Euro Currency Trust buyer in Q4 2013 was Jump Trading, an estimated $19.3M added.
  • The largest Invesco CurrencyShares Euro Currency Trust seller in Q4 2013 was JP Morgan Chase, an estimated $50.7M sold.

Based on aggregated 13F filings for Q4 2013.