Invesco CurrencyShares Euro Currency Trust
FXE
61 hedge funds and large institutions have $288M invested in Invesco CurrencyShares Euro Currency Trust in 2018 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 13 increasing their positions, 15 reducing their positions, and 5 closing their positions.
320% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 5
36% more funds holding
Funds holding: 45 → 61 (+16)
15% more call options, than puts
Call options by funds: $489M | Put options by funds: $426M
11% more capital invested
Capital invested by funds: $259M → $288M (+$29M)
0.75% more ownership
Funds ownership: 86.5% → 87.25% (+0.75%)
13% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$23.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$22.7M |
| 3 |
MSU
Mizuho Securities USA
New York
|
+$12M |
| 4 |
JP Morgan Chase
New York
|
+$11.7M |
| 5 |
Citigroup
New York
|
+$9.94M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$70.6M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$13.1M |
| 3 |
IA
IndexIQ Advisors
New York
|
-$5.81M |
| 4 |
Morgan Stanley
New York
|
-$3.08M |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.58M |
FXE Hedge Fund Activity: Q1 2018 in Review
61 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q1 2018, worth a combined $288M — up 11% from $259M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new FXE positions and 5 closed out — a net gain of 16 holders — while 13 added to existing stakes and 15 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $23.7M. The largest seller was Bank of America, cutting an estimated $70.6M.
- 61 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q1 2018, up from 45 in Q4 2017.
- Funds reported $288M of Invesco CurrencyShares Euro Currency Trust stock for Q1 2018, up 11% quarter-over-quarter.
- 21 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q1 2018 and 5 closed out, a net change of +16 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q1 2018 was BNP Paribas Financial Markets, an estimated $23.7M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q1 2018 was Bank of America, an estimated $70.6M sold.
Based on aggregated 13F filings for Q1 2018.