Invesco CurrencyShares Euro Currency Trust
FXE
41 hedge funds and large institutions have $159M invested in Invesco CurrencyShares Euro Currency Trust in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 19 reducing their positions, and 7 closing their positions.
7% less funds holding
Funds holding: 44 → 41 (-3)
23.42% less ownership
Funds ownership: 92.36% → 68.94% (-23%)
23% less capital invested
Capital invested by funds: $207M → $159M (-$48.6M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
39% less call options, than puts
Call options by funds: $94.3M | Put options by funds: $154M
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
53% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$32M |
| 2 |
IA
IndexIQ Advisors
New York
|
+$18.3M |
| 3 |
APW
Acima Private Wealth
Richmond,
Virginia
|
+$2.38M |
| 4 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$2.16M |
| 5 |
Jane Street
New York
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$37.5M |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$18.1M |
| 3 |
Morgan Stanley
New York
|
-$14.7M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$6.81M |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.42M |
FXE Hedge Fund Activity: Q1 2019 in Review
41 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q1 2019, worth a combined $159M — down 23% from $207M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FXE and 4 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 9 added.
The largest buyer was Citadel Advisors, adding an estimated $32M. The largest seller was Wolverine Trading, cutting an estimated $37.5M.
- 41 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q1 2019, down from 44 in Q4 2018.
- Funds reported $159M of Invesco CurrencyShares Euro Currency Trust stock for Q1 2019, down 23% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q1 2019 and 7 closed out, a net change of -3 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q1 2019 was Citadel Advisors, an estimated $32M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q1 2019 was Wolverine Trading, an estimated $37.5M sold.
Based on aggregated 13F filings for Q1 2019.