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Invesco CurrencyShares Japanese Yen Trust

30 hedge funds and large institutions have $194M invested in Invesco CurrencyShares Japanese Yen Trust in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

5.28% more ownership

Funds ownership: 146.01%151.29% (+5.3%)

3% more capital invested

Capital invested by funds: $188M → $194M (+$5.96M)

26% less call options, than puts

Call options by funds: $172M | Put options by funds: $233M

27% less funds holding

Funds holding: 4130 (-11)

27% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 11

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

59% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 17

Holders
30
Holders Change
-11
Holders Change %
-26.83%
% of All Funds
0.75%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.03%
New
7
Increased
8
Reduced
11
Closed
17
Calls
$172M
Puts
$233M
Net Calls
-$61M
Net Calls Change
+$3.92M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$55.8M +$31.4M +354,727 +110%
Citigroup
2
Citigroup
New York
$24.8M -$17.6M -199,600 -40%
Bank of America
3
Bank of America
North Carolina
$22.1M +$13.4M +152,090 +132%
Goldman Sachs
4
Goldman Sachs
New York
$21.6M +$8.4M +95,032 +57%
Jane Street
5
Jane Street
New York
$14.6M +$13.4M +151,709 +590%
LG
6
Leuthold Group
Minnesota
$12.4M +$7.1M +80,352 +116%
MSU
7
Mizuho Securities USA
New York
$10.9M +$11.7M +132,100 New
Bank of Montreal
8
Bank of Montreal
Ontario, Canada
$4.84M +$5.08M +57,500 New
Wells Fargo
9
Wells Fargo
California
$4.44M +$2.9M +32,856 +157%
SG Americas Securities
10
SG Americas Securities
New York
$4.39M +$4.71M +53,239 New
CG
11
Cutler Group
California
$3.87M +$4.15M +46,898 New
Group One Trading
12
Group One Trading
Illinois
$3.61M +$2.25M +25,403 +139%
TH
13
Timber Hill
Connecticut
$2.83M -$13.1M -148,251 -81%
Barclays
14
Barclays
United Kingdom
$1.71M -$5.52M -62,400 -75%
CCA
15
Checchi Capital Advisers
California
$1.23M -$130K -1,467 -9%
GA
16
Greytown Advisors
Florida
$1.01M +$1.08M +12,200 New
UBS Group
17
UBS Group
Switzerland
$994K -$3.67M -41,462 -77%
Ameriprise
18
Ameriprise
Minnesota
$835K +$9.37K +106 +1%
Simplex Trading
19
Simplex Trading
Illinois
$587K +$630K +7,125 New
AssetMark Inc
20
AssetMark Inc
California
$424K -$435K -4,926 -49%
Bessemer Group
21
Bessemer Group
New Jersey
$248K
CIBC World Market
22
CIBC World Market
Ontario, Canada
$247K -$19.6K -222 -7%
HSA
23
Hussman Strategic Advisors
Maryland
$83K
USGIU
24
U.S. Global Investors (USGI)
Texas
$83K +$88.4K +1,000 New
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$19K -$1.21M -13,652 -98%

FXY Hedge Fund Activity: Q4 2016 in Review

30 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Invesco CurrencyShares Japanese Yen Trust (FXY) for Q4 2016, worth a combined $194M — up 3.2% from $188M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of FXY and 7 opened new positions — a net loss of 10 holders — while 11 trimmed existing stakes and 8 added.

The largest buyer was Morgan Stanley, adding an estimated $31.4M. The largest seller was Citigroup, cutting an estimated $17.6M.

  • 30 institutional investors held Invesco CurrencyShares Japanese Yen Trust (FXY) as of Q4 2016, down from 41 in Q3 2016.
  • Funds reported $194M of Invesco CurrencyShares Japanese Yen Trust stock for Q4 2016, up 3.2% quarter-over-quarter.
  • 7 funds opened new Invesco CurrencyShares Japanese Yen Trust positions in Q4 2016 and 17 closed out, a net change of -10 holders.
  • The largest Invesco CurrencyShares Japanese Yen Trust buyer in Q4 2016 was Morgan Stanley, an estimated $31.4M added.
  • The largest Invesco CurrencyShares Japanese Yen Trust seller in Q4 2016 was Citigroup, an estimated $17.6M sold.

Based on aggregated 13F filings for Q4 2016.