Invesco CurrencyShares Euro Currency Trust
FXE
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.
3% less funds holding
Funds holding: 40 → 39 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$19.3M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$13.4M |
| 3 |
Capstone Investment Advisors
New York
|
+$10M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$4.89M |
| 5 |
Verition Fund Management
Greenwich,
Connecticut
|
+$880K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$50.7M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$24.2M |
| 3 |
HT
HAP Trading
New York
|
-$13.9M |
| 4 |
Citigroup
New York
|
-$13.5M |
| 5 |
Goldman Sachs
New York
|
-$11.6M |
FXE Hedge Fund Activity: Q4 2013 in Review
39 of the 3,459 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.