Invesco CurrencyShares Swiss Franc Trust
FXF
31 hedge funds and large institutions have $48.6M invested in Invesco CurrencyShares Swiss Franc Trust in 2019 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 5 closing their positions.
70% more call options, than puts
Call options by funds: $2.83M | Put options by funds: $1.66M
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
3% more funds holding
Funds holding: 30 → 31 (+1)
0.47% less ownership
Funds ownership: 34.3% → 33.82% (-0.47%)
7% less capital invested
Capital invested by funds: $52.1M → $48.6M (-$3.51M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$2.25M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.11M |
| 3 |
Jane Street
New York
|
+$1.05M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$298K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTC
Ghost Tree Capital
New York
|
-$4.2M |
| 2 |
VF
Virtu Financial
New York
|
-$984K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$752K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
-$329K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$287K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FANJ
26
Financial Architects (New Jersey)
Marlton,
New Jersey
| $42K | -$68.6K | -730 | -62% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $38K | +$4.88K | +52 | +15% |
|
|
HNB
28
Huntington National Bank
Columbus,
Ohio
| $21K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | +$21.3K | +227 | New |
|
|
NSIM
30
North Star Investment Management
Chicago,
Illinois
| $19K | +$18.8K | +200 | New |
|
|
TFA
31
Transamerica Financial Advisors
St. Petersburg,
Florida
| $8K | -$242K | -2,573 | -97% |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$287K | -3,053 | Closed |
|
|
SC
33
Solstein Capital
Menlo Park,
California
| – | -$256K | -2,700 | Closed |
|
|
TSS
34
Two Sigma Securities
New York
| – | -$234K | -2,467 | Closed |
|
35
Parallax Volatility Advisers
San Francisco,
California
| – | -$105K | -1,106 | Closed |
|
|
WAP
36
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$29K | -302 | Closed |
|
FXF Hedge Fund Activity: Q3 2019 in Review
31 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Swiss Franc Trust (FXF) for Q3 2019, worth a combined $48.6M — down 6.7% from $52.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FXF positions and 5 closed out — a net gain of 2 holders — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $2.25M. The largest seller was Ghost Tree Capital, cutting an estimated $4.2M.
- 31 institutional investors held Invesco CurrencyShares Swiss Franc Trust (FXF) as of Q3 2019, up from 30 in Q2 2019.
- Funds reported $48.6M of Invesco CurrencyShares Swiss Franc Trust stock for Q3 2019, down 6.7% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Swiss Franc Trust positions in Q3 2019 and 5 closed out, a net change of +2 holders.
- The largest Invesco CurrencyShares Swiss Franc Trust buyer in Q3 2019 was Wolverine Trading, an estimated $2.25M added.
- The largest Invesco CurrencyShares Swiss Franc Trust seller in Q3 2019 was Ghost Tree Capital, an estimated $4.2M sold.
Based on aggregated 13F filings for Q3 2019.