Invesco CurrencyShares Swiss Franc Trust
FXF
32 hedge funds and large institutions have $34.9M invested in Invesco CurrencyShares Swiss Franc Trust in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 15 reducing their positions, and 6 closing their positions.
25% more capital invested
Capital invested by funds: $28M → $34.9M (+$6.92M)
11% more call options, than puts
Call options by funds: $34.6M | Put options by funds: $31.2M
5.48% more ownership
Funds ownership: 15% → 20.48% (+5.5%)
9% less funds holding
Funds holding: 35 → 32 (-3)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16M |
| 2 |
William Blair & Company
Chicago,
Illinois
|
+$1.69M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$385K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$133K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$95.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.24M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.63M |
| 3 |
IFA
Interactive Financial Advisors
New Lenox,
Illinois
|
-$2.36M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$607K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$459K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
Winfield Associates
Cleveland,
Ohio
| $40K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $16K | -$12.2K | -119 | -42% |
|
28
Simplex Trading
Chicago,
Illinois
| $15K | +$15.4K | +150 | New |
|
|
MCM
29
Manchester Capital Management
Manchester,
Vermont
| $10K | – | – | – |
|
|
ANBT
30
American National Bank & Trust
Wichita Falls,
Texas
| $7K | +$7.17K | +70 | New |
|
|
NC
31
NewSquare Capital
Newtown Square,
Pennsylvania
| $2K | -$10.7K | -105 | -88% |
|
32
Parallax Volatility Advisers
San Francisco,
California
| $1K | -$290K | -2,828 | -100% |
|
|
VKH
33
Virtu KCG Holdings
New York
| – | -$607K | -6,183 | Closed |
|
34
Jane Street
New York
| – | -$362K | -3,691 | Closed |
|
|
MCM
35
Murphy Capital Management
Bedminster,
New Jersey
| – | -$294K | -3,000 | Closed |
|
36
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$235K | -2,400 | Closed |
|
|
PFG
37
Pacific Financial Group
Bellevue,
Washington
| – | -$85K | -861 | Closed |
|
|
NFG
38
Next Financial Group
Houston,
Texas
| – | -$10K | -100 | Closed |
|
FXF Hedge Fund Activity: Q1 2015 in Review
32 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Swiss Franc Trust (FXF) for Q1 2015, worth a combined $34.9M — up 25% from $28M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of FXF and 4 opened new positions — a net loss of 2 holders — while 15 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $16M. The largest seller was Virtu Financial, cutting an estimated $3.24M.
- 32 institutional investors held Invesco CurrencyShares Swiss Franc Trust (FXF) as of Q1 2015, down from 35 in Q4 2014.
- Funds reported $34.9M of Invesco CurrencyShares Swiss Franc Trust stock for Q1 2015, up 25% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares Swiss Franc Trust positions in Q1 2015 and 6 closed out, a net change of -2 holders.
- The largest Invesco CurrencyShares Swiss Franc Trust buyer in Q1 2015 was Susquehanna International Group, an estimated $16M added.
- The largest Invesco CurrencyShares Swiss Franc Trust seller in Q1 2015 was Virtu Financial, an estimated $3.24M sold.
Based on aggregated 13F filings for Q1 2015.