Invesco CurrencyShares Euro Currency Trust
FXE
46 hedge funds and large institutions have $526M invested in Invesco CurrencyShares Euro Currency Trust in 2015 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 12 increasing their positions, 13 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
24% more funds holding
Funds holding: 37 → 46 (+9)
12.99% more ownership
Funds ownership: 197.83% → 210.83% (+13%)
8% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 13
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
35% less capital invested
Capital invested by funds: $812M → $526M (-$286M)
64% less call options, than puts
Call options by funds: $340M | Put options by funds: $956M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
N
Natixis
Paris,
France
|
+$18.3M |
| 2 |
Morgan Stanley
New York
|
+$11.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$10.2M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
+$8.21M |
| 5 |
Citigroup
New York
|
+$5.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$88.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$86.7M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$65.3M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$44.3M |
| 5 |
JP Morgan Chase
New York
|
-$27.2M |
FXE Hedge Fund Activity: Q3 2015 in Review
46 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2015, worth a combined $526M — down 35% from $812M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new FXE positions and 5 closed out — a net gain of 9 holders — while 12 added to existing stakes and 13 trimmed.
The largest buyer was Natixis, opening a new position worth an estimated $18.3M. The largest seller was Virtu Financial, exiting entirely with an estimated $88.5M sold.
- 46 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2015, up from 37 in Q2 2015.
- Funds reported $526M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2015, down 35% quarter-over-quarter.
- 14 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2015 and 5 closed out, a net change of +9 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2015 was Natixis, an estimated $18.3M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2015 was Virtu Financial, an estimated $88.5M sold.
Based on aggregated 13F filings for Q3 2015.