Invesco CurrencyShares Swiss Franc Trust
FXF
33 hedge funds and large institutions have $28.7M invested in Invesco CurrencyShares Swiss Franc Trust in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 5 closing their positions.
1,525% more call options, than puts
Call options by funds: $21.6M | Put options by funds: $1.33M
4.61% less ownership
Funds ownership: 23.74% → 19.12% (-4.6%)
6% less funds holding
Funds holding: 35 → 33 (-2)
23% less capital invested
Capital invested by funds: $37.1M → $28.7M (-$8.41M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.96M |
| 2 |
IFA
Interactive Financial Advisors
New Lenox,
Illinois
|
+$354K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$23.9K |
| 4 |
LPL Financial
San Diego,
California
|
+$20K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$19.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$4.79M |
| 2 |
VF
Virtu Financial
New York
|
-$2.5M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.03M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$280K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$199K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KJWM
26
Kiley Juergens Wealth Management
Olympia,
Washington
| $33K | +$33.5K | +350 | New |
|
|
WAP
27
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| $29K | – | – | – |
|
|
SWP
28
Stratos Wealth Partners
Beachwood,
Ohio
| $24K | +$23.9K | +250 | New |
|
|
IP
29
Intellectus Partners
San Francisco,
California
| $10K | – | – | – |
|
30
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| $6K | +$5.65K | +59 | New |
|
31
SEI Investments
Oaks,
Pennsylvania
| $5K | – | – | – |
|
|
VF
32
Virtu Financial
New York
| – | -$2.5M | -25,616 | Closed |
|
|
FTUS
33
Flow Traders U.S.
New York
| – | -$280K | -2,865 | Closed |
|
|
IA
34
IFP Advisors
Tampa,
Florida
| – | -$108K | -1,104 | Closed |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$49K | -500 | Closed |
|
36
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| – | -$19K | -190 | Closed |
|
FXF Hedge Fund Activity: Q4 2017 in Review
33 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Swiss Franc Trust (FXF) for Q4 2017, worth a combined $28.7M — down 23% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FXF and 3 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Morgan Stanley, adding an estimated $1.96M. The largest seller was Goldman Sachs, cutting an estimated $4.79M.
- 33 institutional investors held Invesco CurrencyShares Swiss Franc Trust (FXF) as of Q4 2017, down from 35 in Q3 2017.
- Funds reported $28.7M of Invesco CurrencyShares Swiss Franc Trust stock for Q4 2017, down 23% quarter-over-quarter.
- 3 funds opened new Invesco CurrencyShares Swiss Franc Trust positions in Q4 2017 and 5 closed out, a net change of -2 holders.
- The largest Invesco CurrencyShares Swiss Franc Trust buyer in Q4 2017 was Morgan Stanley, an estimated $1.96M added.
- The largest Invesco CurrencyShares Swiss Franc Trust seller in Q4 2017 was Goldman Sachs, an estimated $4.79M sold.
Based on aggregated 13F filings for Q4 2017.