Invesco CurrencyShares Euro Currency Trust
FXE
45 hedge funds and large institutions have $487M invested in Invesco CurrencyShares Euro Currency Trust in 2017 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 8 closing their positions.
50% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 8
44% more capital invested
Capital invested by funds: $339M → $487M (+$148M)
10% more funds holding
Funds holding: 41 → 45 (+4)
2% less call options, than puts
Call options by funds: $336M | Put options by funds: $344M
20.97% less ownership
Funds ownership: 152.66% → 131.69% (-21%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$57.9M |
| 2 |
Morgan Stanley
New York
|
+$55.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$28.5M |
| 4 |
MSU
Mizuho Securities USA
New York
|
+$24.8M |
| 5 |
JP Morgan Chase
New York
|
+$5.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$18.3M |
| 2 |
Goldman Sachs
New York
|
-$14.5M |
| 3 |
HAM
Harber Asset Management
Asheville,
North Carolina
|
-$8.52M |
| 4 |
Parallax Volatility Advisers
San Francisco,
California
|
-$8.19M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$5.96M |
FXE Hedge Fund Activity: Q2 2017 in Review
45 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2017, worth a combined $487M — up 44% from $339M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXE positions and 8 closed out — a net gain of 4 holders — while 9 added to existing stakes and 14 trimmed.
The largest buyer was Bank of America, adding an estimated $57.9M. The largest seller was Timber Hill, cutting an estimated $18.3M.
- 45 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2017, up from 41 in Q1 2017.
- Funds reported $487M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2017, up 44% quarter-over-quarter.
- 12 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2017 and 8 closed out, a net change of +4 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2017 was Bank of America, an estimated $57.9M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2017 was Timber Hill, an estimated $18.3M sold.
Based on aggregated 13F filings for Q2 2017.