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Invesco CurrencyShares Euro Currency Trust

36 hedge funds and large institutions have $669M invested in Invesco CurrencyShares Euro Currency Trust in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 11 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

111.06% more ownership

Funds ownership: 216.98%328.04% (+111%)

11% more capital invested

Capital invested by funds: $605M → $669M (+$64.5M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

8% less funds holding

Funds holding: 3936 (-3)

27% less first-time investments, than exits

New positions opened: 8 | Existing positions closed: 11

30% less call options, than puts

Call options by funds: $217M | Put options by funds: $312M

36% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 11

Holders
36
Holders Change
-3
Holders Change %
-7.69%
% of All Funds
1.04%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.06%
New
8
Increased
7
Reduced
11
Closed
11
Calls
$217M
Puts
$312M
Net Calls
-$94.1M
Net Calls Change
+$123M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$211M +$57.2M +422,326 +38%
Morgan Stanley
2
Morgan Stanley
New York
$206M +$4.99M +36,841 +2%
Goldman Sachs
3
Goldman Sachs
New York
$74.7M +$2.48M +18,283 +3%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$52.3M +$48.4M +357,442 +1,313%
JP Morgan Chase
5
JP Morgan Chase
New York
$47.4M +$6.75M +49,820 +17%
JT
6
Jump Trading
Illinois
$17.8M -$1.71M -12,642 -9%
LCM
7
Lakewood Capital Management
New York
$12.3M
TH
8
Timber Hill
Connecticut
$9.1M -$15.2M -112,032 -63%
VF
9
Virtu Financial
New York
$7.19M +$7.16M +52,862 New
LPL Financial
10
LPL Financial
California
$6.53M -$1.21M -8,957 -16%
QA
11
Quantitative Advantage
Minnesota
$5.26M -$673K -4,967 -11%
Wells Fargo
12
Wells Fargo
California
$4.06M +$281K +2,072 +7%
Bank of America
13
Bank of America
North Carolina
$3.79M -$7.45M -55,031 -66%
IA
14
IndexIQ Advisors
New York
$2.51M -$144K -1,064 -5%
RNS
15
Robert N. Shapiro
$2.16M
Citadel Advisors
16
Citadel Advisors
Florida
$1.11M +$1.1M +8,157 New
GWI
17
Grace & White Inc
New York
$939K
CMP
18
Courage Miller Partners
Virginia
$884K -$12.6K -93 -1%
U
19
UBS
Switzerland
$778K -$755K -5,575 -49%
1IC
20
1919 Investment Counsel
Maryland
$752K
Deutsche Bank
21
Deutsche Bank
Germany
$698K -$142K -1,046 -17%
CS
22
Credit Suisse
Switzerland
$538K
Bank of New York Mellon
23
Bank of New York Mellon
New York
$511K
Millennium Management
24
Millennium Management
New York
$426K +$424K +3,132 New
GAM
25
Gemmer Asset Management
California
$375K +$373K +2,754 New

FXE Hedge Fund Activity: Q1 2014 in Review

36 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q1 2014, worth a combined $669M — up 11% from $605M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of FXE and 8 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 7 added.

The largest buyer was Citigroup, adding an estimated $57.2M. The largest seller was Timber Hill, cutting an estimated $15.2M.

  • 36 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q1 2014, down from 39 in Q4 2013.
  • Funds reported $669M of Invesco CurrencyShares Euro Currency Trust stock for Q1 2014, up 11% quarter-over-quarter.
  • 8 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q1 2014 and 11 closed out, a net change of -3 holders.
  • The largest Invesco CurrencyShares Euro Currency Trust buyer in Q1 2014 was Citigroup, an estimated $57.2M added.
  • The largest Invesco CurrencyShares Euro Currency Trust seller in Q1 2014 was Timber Hill, an estimated $15.2M sold.

Based on aggregated 13F filings for Q1 2014.