Invesco CurrencyShares Swiss Franc Trust
FXF
34 hedge funds and large institutions have $50.7M invested in Invesco CurrencyShares Swiss Franc Trust in 2020 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
27% more capital invested
Capital invested by funds: $40M → $50.7M (+$10.7M)
26% more funds holding
Funds holding: 27 → 34 (+7)
8.32% more ownership
Funds ownership: 27.07% → 35.39% (+8.3%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
99% less call options, than puts
Call options by funds: $2.8M | Put options by funds: $479M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.86M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$5.8M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$4.58M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.78M |
| 5 |
BFA
Beaumont Financial Advisors
Needham,
Massachusetts
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GTC
Ghost Tree Capital
New York
|
-$4.95M |
| 2 |
Morgan Stanley
New York
|
-$2.52M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$2.02M |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$1.63M |
| 5 |
IC
InterOcean Capital
Chicago,
Illinois
|
-$1.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Simplex Trading
Chicago,
Illinois
| $95K | +$95.6K | +1,005 | New |
|
|
APWM
27
Atlas Private Wealth Management
Albany,
New York
| $76K | +$76.1K | +800 | New |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $43K | – | – | – |
|
|
PA
29
Procyon Advisors
Shelton,
Connecticut
| $34K | +$21.4K | +225 | +173% |
|
|
HNB
30
Huntington National Bank
Columbus,
Ohio
| $21K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $19K | -$114K | -1,200 | -85% |
|
|
NSIM
32
North Star Investment Management
Chicago,
Illinois
| $19K | – | – | – |
|
33
JP Morgan Chase
New York
| $19K | +$19K | +200 | New |
|
|
TFA
34
Transamerica Financial Advisors
St. Petersburg,
Florida
| $8K | -$856 | -9 | -10% |
|
|
IFA
35
Interactive Financial Advisors
New Lenox,
Illinois
| $6K | -$186K | -1,953 | -97% |
|
|
GTC
36
Ghost Tree Capital
New York
| – | -$4.95M | -52,000 | Closed |
|
|
37
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$1.63M | -17,143 | Closed |
|
38
Northern Trust
Chicago,
Illinois
| – | -$76K | -806 | Closed |
|
FXF Hedge Fund Activity: Q1 2020 in Review
34 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Swiss Franc Trust (FXF) for Q1 2020, worth a combined $50.7M — up 27% from $40M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new FXF positions and 3 closed out — a net gain of 9 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Bank of America, adding an estimated $5.86M. The largest seller was Ghost Tree Capital, exiting entirely with an estimated $4.95M sold.
- 34 institutional investors held Invesco CurrencyShares Swiss Franc Trust (FXF) as of Q1 2020, up from 27 in Q4 2019.
- Funds reported $50.7M of Invesco CurrencyShares Swiss Franc Trust stock for Q1 2020, up 27% quarter-over-quarter.
- 12 funds opened new Invesco CurrencyShares Swiss Franc Trust positions in Q1 2020 and 3 closed out, a net change of +9 holders.
- The largest Invesco CurrencyShares Swiss Franc Trust buyer in Q1 2020 was Bank of America, an estimated $5.86M added.
- The largest Invesco CurrencyShares Swiss Franc Trust seller in Q1 2020 was Ghost Tree Capital, an estimated $4.95M sold.
Based on aggregated 13F filings for Q1 2020.