Invesco CurrencyShares Euro Currency Trust
FXE
41 hedge funds and large institutions have $339M invested in Invesco CurrencyShares Euro Currency Trust in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 8 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
5% more funds holding
Funds holding: 39 → 41 (+2)
15% less capital invested
Capital invested by funds: $398M → $339M (-$58.2M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
36% less call options, than puts
Call options by funds: $409M | Put options by funds: $636M
46.73% less ownership
Funds ownership: 199.38% → 152.66% (-47%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$10.8M |
| 2 |
MSU
Mizuho Securities USA
New York
|
+$9.58M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$7.94M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$5.78M |
| 5 |
ID
Integral Derivatives
New York
|
+$4.89M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$30.7M |
| 2 |
Jane Street
New York
|
-$18.9M |
| 3 |
N
Natixis
Paris,
France
|
-$17M |
| 4 |
Goldman Sachs
New York
|
-$15.5M |
| 5 |
Morgan Stanley
New York
|
-$9.12M |
FXE Hedge Fund Activity: Q1 2017 in Review
41 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q1 2017, worth a combined $339M — down 15% from $398M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXE positions and 8 closed out — a net gain of 3 holders — while 9 added to existing stakes and 11 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $10.8M. The largest seller was Timber Hill, cutting an estimated $30.7M.
- 41 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q1 2017, up from 39 in Q4 2016.
- Funds reported $339M of Invesco CurrencyShares Euro Currency Trust stock for Q1 2017, down 15% quarter-over-quarter.
- 11 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q1 2017 and 8 closed out, a net change of +3 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q1 2017 was Susquehanna International Group, an estimated $10.8M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q1 2017 was Timber Hill, an estimated $30.7M sold.
Based on aggregated 13F filings for Q1 2017.