Invesco CurrencyShares Japanese Yen Trust
FXY
27 hedge funds and large institutions have $244M invested in Invesco CurrencyShares Japanese Yen Trust in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 10 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
17% less capital invested
Capital invested by funds: $296M → $244M (-$51.3M)
25% less funds holding
Funds holding: 36 → 27 (-9)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
28.48% less ownership
Funds ownership: 157.76% → 129.28% (-28%)
58% less call options, than puts
Call options by funds: $205M | Put options by funds: $483M
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$31M |
| 2 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$20.2M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.86M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.95M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
HAP Trading
New York
|
-$29.4M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$27.1M |
| 3 |
Citigroup
New York
|
-$11.7M |
| 4 |
Barclays
London,
United Kingdom
|
-$10.5M |
| 5 |
Goldman Sachs
New York
|
-$10M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MFS
26
MSI Financial Services
Springfield,
Massachusetts
| $6K | +$3.37K | +34 | +100% |
|
|
IFWM
27
Institute for Wealth Management
Denver,
Colorado
| $4K | – | – | – |
|
|
HT
28
HAP Trading
New York
| – | -$29.4M | -296,605 | Closed |
|
|
29
Barclays
London,
United Kingdom
| – | -$10.5M | -105,864 | Closed |
|
|
OFG
30
OTA Financial Group
Purchase,
New York
| – | -$5.85M | -59,360 | Closed |
|
31
SG Americas Securities
New York
| – | -$3.47M | -35,163 | Closed |
|
32
Nomura Holdings
Tokyo,
Japan
| – | -$1.18M | -11,928 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$999K | -10,128 | Closed |
|
34
CIBC World Market
Toronto,
Ontario, Canada
| – | -$757K | -7,673 | Closed |
|
|
FAM
35
Forty4 Asset Management
Chicago,
Illinois
| – | -$671K | -6,800 | Closed |
|
36
Mirae Asset Global Investments
Seoul,
South Korea
| – | -$247K | -2,500 | Closed |
|
37
Ameriprise
Minneapolis,
Minnesota
| – | -$69K | -700 | Closed |
|
FXY Hedge Fund Activity: Q3 2013 in Review
27 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q3 2013, worth a combined $244M — down 17% from $296M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of FXY and 3 opened new positions — a net loss of 7 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Bank of America, adding an estimated $31M. The largest seller was HAP Trading, exiting entirely with an estimated $29.4M sold.
- 27 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q3 2013, down from 36 in Q2 2013.
- Funds reported $244M of Invesco CurrencyShares Japanese Yen Trust stock for Q3 2013, down 17% quarter-over-quarter.
- 3 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q3 2013 and 10 closed out, a net change of -7 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q3 2013 was Bank of America, an estimated $31M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q3 2013 was HAP Trading, an estimated $29.4M sold.
Based on aggregated 13F filings for Q3 2013.