Invesco CurrencyShares Japanese Yen Trust
FXY
46 hedge funds and large institutions have $230M invested in Invesco CurrencyShares Japanese Yen Trust in 2016 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 15 increasing their positions, 19 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
64.59% more ownership
Funds ownership: 93.97% → 158.56% (+65%)
12% less capital invested
Capital invested by funds: $263M → $230M (-$32.8M)
15% less funds holding
Funds holding: 54 → 46 (-8)
21% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 19
30% less call options, than puts
Call options by funds: $227M | Put options by funds: $325M
47% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14M |
| 2 |
VF
Virtu Financial
New York
|
+$11M |
| 3 |
Jane Street
New York
|
+$9.32M |
| 4 |
Citigroup
New York
|
+$8.42M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$7.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
-$70M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$16.1M |
| 3 |
Goldman Sachs
New York
|
-$7.36M |
| 4 |
WP
WealthSource Partners
San Luis Obispo,
California
|
-$5.29M |
| 5 |
MSU
Mizuho Securities USA
New York
|
-$5.16M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
51
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$659K | -7,661 | Closed |
|
|
JT
52
Jump Trading
Chicago,
Illinois
| – | -$678K | -7,565 | Closed |
|
|
SPC
53
Sigma Planning Corp
Ann Arbor,
Michigan
| – | -$466K | -5,422 | Closed |
|
54
Simplex Trading
Chicago,
Illinois
| – | -$336K | -3,750 | Closed |
|
|
GAM
55
Gemmer Asset Management
Walnut Creek,
California
| – | -$270K | -3,139 | Closed |
|
|
CIM
56
Cambria Investment Management
Manhattan Beach,
California
| – | -$219K | -2,550 | Closed |
|
|
AP
57
Advisors Preferred
Rockville,
Maryland
| – | -$138K | -1,604 | Closed |
|
|
CFA
58
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$114K | -1,321 | Closed |
|
59
Envestnet Asset Management
Chicago,
Illinois
| – | -$103K | -1,200 | Closed |
|
|
AIG
60
American International Group
New York
| – | -$28K | -318 | Closed |
|
61
SEI Investments
Oaks,
Pennsylvania
| – | -$9K | -106 | Closed |
|
|
FMII
62
Farmers & Merchants Investments Inc
Lincoln,
Nebraska
| – | -$5K | -58 | Closed |
|
FXY Hedge Fund Activity: Q2 2016 in Review
46 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q2 2016, worth a combined $230M — down 12% from $263M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of FXY and 9 opened new positions — a net loss of 8 holders — while 19 trimmed existing stakes and 15 added.
The largest buyer was Morgan Stanley, adding an estimated $14M. The largest seller was AssetMark Inc, cutting an estimated $70M.
- 46 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q2 2016, down from 54 in Q1 2016.
- Funds reported $230M of Invesco CurrencyShares Japanese Yen Trust stock for Q2 2016, down 12% quarter-over-quarter.
- 9 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q2 2016 and 17 closed out, a net change of -8 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q2 2016 was Morgan Stanley, an estimated $14M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q2 2016 was AssetMark Inc, an estimated $70M sold.
Based on aggregated 13F filings for Q2 2016.