Invesco CurrencyShares Japanese Yen Trust
FXY
27 hedge funds and large institutions have $199M invested in Invesco CurrencyShares Japanese Yen Trust in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 5 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
4% less funds holding
Funds holding: 28 → 27 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
24% less capital invested
Capital invested by funds: $263M → $199M (-$63.7M)
42% less call options, than puts
Call options by funds: $123M | Put options by funds: $212M
50% less funds holding in top 10
Funds holding in top 10: 4 → 2 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$34.5M |
| 2 |
VF
Virtu Financial
New York
|
+$12.9M |
| 3 |
Morgan Stanley
New York
|
+$7.42M |
| 4 |
HI
HBK Investments
Dallas,
Texas
|
+$3.8M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Spot Trading
Chicago,
Illinois
|
-$25.3M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$22.2M |
| 3 |
LG
Leuthold Group
Minneapolis,
Minnesota
|
-$18.6M |
| 4 |
JT
Jump Trading
Chicago,
Illinois
|
-$17.6M |
| 5 |
Barclays
London,
United Kingdom
|
-$10.9M |
FXY Hedge Fund Activity: Q1 2014 in Review
27 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q1 2014, worth a combined $199M — down 24% from $263M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of FXY and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $34.5M. The largest seller was Spot Trading, cutting an estimated $25.3M.
- 27 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q1 2014, down from 28 in Q4 2013.
- Funds reported $199M of Invesco CurrencyShares Japanese Yen Trust stock for Q1 2014, down 24% quarter-over-quarter.
- 4 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q1 2014 was Susquehanna International Group, an estimated $34.5M added.
- The largest Invesco CurrencyShares Japanese Yen Trust seller in Q1 2014 was Spot Trading, an estimated $25.3M sold.
Based on aggregated 13F filings for Q1 2014.