Invesco CurrencyShares Euro Currency Trust
FXE
37 hedge funds and large institutions have $812M invested in Invesco CurrencyShares Euro Currency Trust in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 16 increasing their positions, 7 reducing their positions, and 9 closing their positions.
129% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 7
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
18% more capital invested
Capital invested by funds: $690M → $812M (+$122M)
14% less funds holding
Funds holding: 43 → 37 (-6)
58.1% less ownership
Funds ownership: 255.94% → 197.83% (-58%)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
88% less call options, than puts
Call options by funds: $385M | Put options by funds: $3.16B
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$53.5M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$39M |
| 3 |
VF
Virtu Financial
New York
|
+$35.6M |
| 4 |
IA
IndexIQ Advisors
New York
|
+$22.2M |
| 5 |
Goldman Sachs
New York
|
+$13.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$20.8M |
| 2 |
Voloridge Investment Management
Jupiter,
Florida
|
-$14.7M |
| 3 |
Jane Street
New York
|
-$11.8M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.16M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.98M |
FXE Hedge Fund Activity: Q2 2015 in Review
37 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2015, worth a combined $812M — up 18% from $690M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of FXE and 3 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 16 added.
The largest buyer was Timber Hill, adding an estimated $53.5M. The largest seller was Morgan Stanley, cutting an estimated $20.8M.
- 37 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2015, down from 43 in Q1 2015.
- Funds reported $812M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2015, up 18% quarter-over-quarter.
- 3 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2015 and 9 closed out, a net change of -6 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2015 was Timber Hill, an estimated $53.5M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2015 was Morgan Stanley, an estimated $20.8M sold.
Based on aggregated 13F filings for Q2 2015.