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Invesco CurrencyShares Japanese Yen Trust

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.

New
Increased
Maintained
Reduced
Closed

33% more funds holding in top 10

Funds holding in top 10: 34 (+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: 2728 (+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

Holders
28
Holders Change
+1
Holders Change %
+3.7%
% of All Funds
0.81%
Holding in Top 10
4
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+33.33%
% of All Funds
0.12%
New
6
Increased
6
Reduced
12
Closed
5
Calls
$206M
Puts
$458M
Net Calls
-$252M
Net Calls Change
+$25.9M
Name Holding Trade Value Shares
Change
Change in
Stake
Citigroup
1
Citigroup
New York
$48.7M -$1.72M -17,664 -3%
LG
2
Leuthold Group
Minnesota
$38.5M +$12.7M +129,937 +45%
Morgan Stanley
3
Morgan Stanley
New York
$31.7M -$49.3K -506 -0.1%
CS
4
Credit Suisse
Switzerland
$27.3M +$23.7M +243,200 +476%
ST
5
Spot Trading
Illinois
$25.9M +$19.8M +203,609 +269%
JT
6
Jump Trading
Illinois
$17.6M +$13.7M +140,505 +288%
Barclays
7
Barclays
United Kingdom
$10.6M +$11.2M +114,916 New
HT
8
HAP Trading
New York
$9.43M +$9.9M +101,644 New
TH
9
Timber Hill
Connecticut
$9.41M -$8.94M -91,775 -48%
JP Morgan Chase
10
JP Morgan Chase
New York
$8.63M -$675K -6,933 -7%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$8.02M -$5.77M -59,225 -41%
Goldman Sachs
12
Goldman Sachs
New York
$6.37M -$2.88M -29,554 -30%
Allianz Asset Management
13
Allianz Asset Management
Germany
$5.41M +$5.68M +58,300 New
Deutsche Bank
14
Deutsche Bank
Germany
$4.64M
Group One Trading
15
Group One Trading
Illinois
$3.53M +$1.95M +19,989 +111%
CCA
16
Checchi Capital Advisers
California
$2.53M +$2.66M +27,319 New
IA
17
IndexIQ Advisors
New York
$1.41M -$538K -5,525 -27%
Walleye Trading
18
Walleye Trading
New York
$1.19M +$352K +3,617 +39%
CMP
19
Courage Miller Partners
Virginia
$652K -$57.6K -591 -8%
WAM
20
Wolverine Asset Management
Illinois
$593K +$623K +6,400 New
U
21
UBS
Switzerland
$234K -$128K -1,312 -34%
Bank of America
22
Bank of America
North Carolina
$210K -$31.5M -323,416 -99%
FMII
23
Farmers & Merchants Investments Inc
Nebraska
$104K
Wells Fargo
24
Wells Fargo
California
$20K -$78.3K -804 -79%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$19K

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.