Invesco CurrencyShares Japanese Yen Trust
FXY
31 hedge funds and large institutions have $152M invested in Invesco CurrencyShares Japanese Yen Trust in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
65.82% more ownership
Funds ownership: 100.27% → 166.09% (+66%)
15% more funds holding
Funds holding: 27 → 31 (+4)
24% less capital invested
Capital invested by funds: $199M → $152M (-$47.2M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
86% less call options, than puts
Call options by funds: $56.7M | Put options by funds: $399M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
+$4.04M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$3.92M |
| 3 |
Morgan Stanley
New York
|
+$1.52M |
| 4 |
CCA
Checchi Capital Advisers
Beverly Hills,
California
|
+$728K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$542K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$28.6M |
| 2 |
VF
Virtu Financial
New York
|
-$12.4M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$6.05M |
| 4 |
Citigroup
New York
|
-$5.28M |
| 5 |
Goldman Sachs
New York
|
-$2.86M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $20K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $19K | +$19.1K | +200 | New |
|
28
Wells Fargo
San Francisco,
California
| $9K | -$76.5K | -801 | -90% |
|
|
IFWM
29
Institute for Wealth Management
Denver,
Colorado
| $4K | – | – | – |
|
|
MFS
30
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
TCM
31
Tradewinds Capital Management
Bellingham,
Washington
| $3K | +$3.34K | +35 | New |
|
32
JP Morgan Chase
New York
| – | -$211K | -2,235 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$54K | -570 | Closed |
|
FXY Hedge Fund Activity: Q2 2014 in Review
31 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q2 2014, worth a combined $152M — down 24% from $199M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new FXY positions and 2 closed out — a net gain of 5 holders — while 5 added to existing stakes and 13 trimmed.
The largest buyer was Jump Trading, opening a new position worth an estimated $4.04M. The largest seller was Susquehanna International Group, cutting an estimated $28.6M.
- 31 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q2 2014, up from 27 in Q1 2014.
- Funds reported $152M of Invesco CurrencyShares Japanese Yen Trust stock for Q2 2014, down 24% quarter-over-quarter.
- 7 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q2 2014 and 2 closed out, a net change of +5 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q2 2014 was Jump Trading, an estimated $4.04M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q2 2014 was Susquehanna International Group, an estimated $28.6M sold.
Based on aggregated 13F filings for Q2 2014.