Invesco CurrencyShares Euro Currency Trust
FXE
39 hedge funds and large institutions have $368M invested in Invesco CurrencyShares Euro Currency Trust in 2016 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 10 closing their positions.
6.41% more ownership
Funds ownership: 161.71% → 168.13% (+6.4%)
11% less funds holding
Funds holding: 44 → 39 (-5)
18% less capital invested
Capital invested by funds: $446M → $368M (-$78.2M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
49% less call options, than puts
Call options by funds: $274M | Put options by funds: $535M
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$45.5M |
| 2 |
Morgan Stanley
New York
|
+$18.6M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$12.5M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$4.15M |
| 5 |
ID
Integral Derivatives
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$56.5M |
| 2 |
Citigroup
New York
|
-$47M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$19.3M |
| 4 |
VF
Virtu Financial
New York
|
-$15.8M |
| 5 |
ICM
Ionic Capital Management
New York
|
-$7.99M |
FXE Hedge Fund Activity: Q3 2016 in Review
39 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q3 2016, worth a combined $368M — down 18% from $446M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXE and 5 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 8 added.
The largest buyer was Timber Hill, adding an estimated $45.5M. The largest seller was Bank of America, cutting an estimated $56.5M.
- 39 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q3 2016, down from 44 in Q2 2016.
- Funds reported $368M of Invesco CurrencyShares Euro Currency Trust stock for Q3 2016, down 18% quarter-over-quarter.
- 5 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q3 2016 and 10 closed out, a net change of -5 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q3 2016 was Timber Hill, an estimated $45.5M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q3 2016 was Bank of America, an estimated $56.5M sold.
Based on aggregated 13F filings for Q3 2016.