Invesco CurrencyShares Japanese Yen Trust
FXY
82 hedge funds and large institutions have $171M invested in Invesco CurrencyShares Japanese Yen Trust in 2025 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 27 reducing their positions, and 26 closing their positions.
44% more call options, than puts
Call options by funds: $42.5M | Put options by funds: $29.5M
12% less funds holding
Funds holding: 93 → 82 (-11)
13.61% less ownership
Funds ownership: 44.26% → 30.64% (-14%)
22% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 27
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
54% less capital invested
Capital invested by funds: $371M → $171M (-$200M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
THC
Truffle Hound Capital
Bethesda,
Maryland
|
+$6.24M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$1.75M |
| 3 |
Goldman Sachs
New York
|
+$1.15M |
| 4 |
HF
HRT Financial
New York
|
+$889K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$145M |
| 2 |
Jane Street
New York
|
-$23.2M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$5.87M |
| 4 |
HW
Hamilton Wealth
Encino,
California
|
-$4.76M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$3.83M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PFA
101
Pure Financial Advisors
San Diego,
California
| – | -$232K | -3,635 | Closed |
|
|
NL
102
NVWM LLC
Yardley,
Pennsylvania
| – | -$126K | -1,968 | Closed |
|
|
FFA
103
Farther Finance Advisors
San Francisco,
California
| – | -$25.8K | -403 | Closed |
|
104
Raymond James Financial
St Petersburg,
Florida
| – | -$16.8K | -263 | Closed |
|
|
WSFS
105
Wilmington Savings Fund Society
Wilmington,
Delaware
| – | -$15.1K | -236 | Closed |
|
106
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$6.52K | -102 | Closed |
|
|
TWC
107
TD Waterhouse Canada
Toronto,
Ontario, Canada
| – | -$3.2K | -50 | Closed |
|
|
BCM
108
Basso Capital Management
Stamford,
Connecticut
| – | -$639 | -10 | Closed |
|
FXY Hedge Fund Activity: Q3 2025 in Review
82 of the 7,621 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q3 2025, worth a combined $171M — down 54% from $371M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of FXY and 15 opened new positions — a net loss of 11 holders — while 27 trimmed existing stakes and 21 added.
The largest buyer was Truffle Hound Capital, opening a new position worth an estimated $6.24M. The largest seller was JP Morgan Chase, cutting an estimated $145M.
- 82 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q3 2025, down from 93 in Q2 2025.
- Funds reported $171M of Invesco CurrencyShares Japanese Yen Trust stock for Q3 2025, down 54% quarter-over-quarter.
- 15 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q3 2025 and 26 closed out, a net change of -11 holders.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q3 2025 was Truffle Hound Capital, an estimated $6.24M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q3 2025 was JP Morgan Chase, an estimated $145M sold.
Based on aggregated 13F filings for Q3 2025.