Invesco CurrencyShares Japanese Yen Trust
FXY
28 hedge funds and large institutions have $263M invested in Invesco CurrencyShares Japanese Yen Trust in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 6 increasing their positions, 12 reducing their positions, and 5 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
32.62% more ownership
Funds ownership: 129.28% → 161.9% (+33%)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
8% more capital invested
Capital invested by funds: $244M → $263M (+$18.4M)
4% more funds holding
Funds holding: 27 → 28 (+1)
50% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 12
55% less call options, than puts
Call options by funds: $206M | Put options by funds: $458M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$23.7M |
| 2 |
ST
Spot Trading
Chicago,
Illinois
|
+$19.8M |
| 3 |
JT
Jump Trading
Chicago,
Illinois
|
+$13.7M |
| 4 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$12.7M |
| 5 |
Barclays
London,
United Kingdom
|
+$11.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$31.5M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$8.94M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.89M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.77M |
| 5 |
BIT
BlackRock Institutional Trust
San Francisco,
California
|
-$5.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IFWM
26
Institute for Wealth Management
Denver,
Colorado
| $4K | – | – | – |
|
|
MFS
27
MSI Financial Services
Springfield,
Massachusetts
| $3K | -$3.31K | -34 | -50% |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $2K | +$1.95K | +20 | New |
|
|
29
BNP Paribas Financial Markets
Paris,
France
| – | -$5.89M | -59,172 | Closed |
|
|
BIT
30
BlackRock Institutional Trust
San Francisco,
California
| – | -$5.17M | -51,974 | Closed |
|
|
AIA
31
Alerus Investment Advisors
Wayzata,
Minnesota
| – | -$1.27M | -12,810 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$805K | -8,264 | Closed |
|
33
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$298K | -3,000 | Closed |
|
FXY Hedge Fund Activity: Q4 2013 in Review
28 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q4 2013, worth a combined $263M — up 7.5% from $244M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new FXY positions and 5 closed out — a net gain of 1 holder — while 6 added to existing stakes and 12 trimmed.
The largest buyer was Credit Suisse, adding an estimated $23.7M. The largest seller was Bank of America, cutting an estimated $31.5M.
- 28 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q4 2013, up from 27 in Q3 2013.
- Funds reported $263M of Invesco CurrencyShares Japanese Yen Trust stock for Q4 2013, up 7.5% quarter-over-quarter.
- 6 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q4 2013 was Credit Suisse, an estimated $23.7M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q4 2013 was Bank of America, an estimated $31.5M sold.
Based on aggregated 13F filings for Q4 2013.