Invesco CurrencyShares Euro Currency Trust
FXE
44 hedge funds and large institutions have $123M invested in Invesco CurrencyShares Euro Currency Trust in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 5 increasing their positions, 14 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
16% more funds holding
Funds holding: 38 → 44 (+6)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
28.46% less ownership
Funds ownership: 72.08% → 43.62% (-28%)
33% less capital invested
Capital invested by funds: $184M → $123M (-$61.7M)
38% less call options, than puts
Call options by funds: $165M | Put options by funds: $265M
64% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IndexIQ Advisors
New York
|
+$9.2M |
| 2 |
BPGAM
BTG Pactual Global Asset Management
Hamilton,
Bermuda
|
+$4.3M |
| 3 |
Morgan Stanley
New York
|
+$2.49M |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$807K |
| 5 |
SCM
SOL Capital Management
Rockville,
Maryland
|
+$663K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$30.9M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$26.1M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$6.34M |
| 4 |
Jane Street
New York
|
-$5.51M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$4.3M |
FXE Hedge Fund Activity: Q2 2020 in Review
44 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Euro Currency Trust (FXE) for Q2 2020, worth a combined $123M — down 33% from $184M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new FXE positions and 5 closed out — a net gain of 6 holders — while 5 added to existing stakes and 14 trimmed.
The largest buyer was IndexIQ Advisors, adding an estimated $9.2M. The largest seller was Citadel Advisors, cutting an estimated $30.9M.
- 44 institutional investors held Invesco CurrencyShares Euro Currency Trust (FXE) as of Q2 2020, up from 38 in Q1 2020.
- Funds reported $123M of Invesco CurrencyShares Euro Currency Trust stock for Q2 2020, down 33% quarter-over-quarter.
- 11 funds opened new Invesco CurrencyShares Euro Currency Trust positions in Q2 2020 and 5 closed out, a net change of +6 holders.
- The largest Invesco CurrencyShares Euro Currency Trust buyer in Q2 2020 was IndexIQ Advisors, an estimated $9.2M added.
- The largest Invesco CurrencyShares Euro Currency Trust seller in Q2 2020 was Citadel Advisors, an estimated $30.9M sold.
Based on aggregated 13F filings for Q2 2020.