Invesco CurrencyShares Japanese Yen Trust
FXY
32 hedge funds and large institutions have $112M invested in Invesco CurrencyShares Japanese Yen Trust in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 7 closing their positions.
8.08% less ownership
Funds ownership: 101.39% → 93.31% (-8.1%)
9% less funds holding
Funds holding: 35 → 32 (-3)
9% less capital invested
Capital invested by funds: $122M → $112M (-$10.5M)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less call options, than puts
Call options by funds: $36.6M | Put options by funds: $79.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$9.81M |
| 2 |
Citigroup
New York
|
+$8.66M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
+$6.22M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$4.25M |
| 5 |
IA
IndexIQ Advisors
New York
|
+$2.85M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13.8M |
| 2 |
Goldman Sachs
New York
|
-$13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$3.99M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$3.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.27M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Bank of America
Charlotte,
North Carolina
| $62K | -$3.99M | -46,031 | -98% |
|
27
Barclays
London,
United Kingdom
| $45K | – | – | – |
|
|
AG
28
Advisor Group
Phoenix,
Arizona
| $17K | -$4.5K | -52 | -20% |
|
29
Creative Planning
Overland Park,
Kansas
| $11K | – | – | – |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $3K | +$1.73K | +20 | +200% |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $2K | -$5.2K | -60 | -76% |
|
|
WAM
32
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| $2K | +$2.17K | +25 | New |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$3.27M | -37,707 | Closed |
|
34
SG Americas Securities
New York
| – | -$2.27M | -26,211 | Closed |
|
35
Walleye Trading
New York
| – | -$598K | -6,905 | Closed |
|
|
VKH
36
Virtu KCG Holdings
New York
| – | -$377K | -4,363 | Closed |
|
37
Simplex Trading
Chicago,
Illinois
| – | -$331K | -3,817 | Closed |
|
38
JP Morgan Chase
New York
| – | -$14K | -163 | Closed |
|
|
AF
39
Allworth Financial
Folsom,
California
| – | -$1K | -10 | Closed |
|
FXY Hedge Fund Activity: Q2 2017 in Review
32 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q2 2017, worth a combined $112M — down 8.6% from $122M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of FXY and 4 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $9.81M. The largest seller was Morgan Stanley, cutting an estimated $13.8M.
- 32 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $112M of Invesco CurrencyShares Japanese Yen Trust stock for Q2 2017, down 8.6% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q2 2017 and 7 closed out, a net change of -3 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q2 2017 was Virtu Financial, an estimated $9.81M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q2 2017 was Morgan Stanley, an estimated $13.8M sold.
Based on aggregated 13F filings for Q2 2017.