Argentus Capital Management’s Invesco Variable Rate Preferred ETF VRP Stock Holding History

Argentus Capital Management’s Portfolio VRP Stock Details VRP Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q4	–	Sell	-20,812	Closed	-$531K	–	493
2016 Q3	$531K	Sell	20,812 -819	-4%	-$20.8K	0.19%	131
2016 Q2	$537K	Sell	21,631 -35,798	-62%	-$872K	0.23%	117
2016 Q1	$1.38M	Sell	57,429 -72,662	-56%	-$1.72M	0.49%	42
2015 Q4	$3.16M	Sell	130,091 -33,208	-20%	-$807K	0.98%	21
2015 Q3	$3.97M	Buy	+163,299	New	+$4M	0.59%	42

Other funds holding VRP

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

EMA

Efficient Market Advisors San Diego, California $727M AUM 9.65% 1-Year Est. Return

Invesco Atlanta, Georgia $1.02T AUM 30.18% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

CAI

Capital Advisors Inc Tulsa, Oklahoma $6.22B AUM 22.28% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

3AM

3D Asset Management Hartford, Connecticut $360M AUM 1.09% 1-Year Est. Return

Stifel Financial St. Louis, Missouri $109B AUM 21.36% 1-Year Est. Return

SouthState Corp Winter Haven, Florida $2.14B AUM 18.39% 1-Year Est. Return

Argentus Capital Management's VRP Position: Q4 2016 in Review

Argentus Capital Management sold out of Invesco Variable Rate Preferred ETF (VRP) in Q4 2016, closing a stake of 20,812 shares — an estimated $531K sold.

Argentus Capital Management first reported a position in VRP in Q3 2015 and held it in 5 quarters. The position peaked at $3.97M in Q3 2015. 90 funds tracked by Wall St. Rank hold VRP as of Q4 2016.

Argentus Capital Management reported no remaining Invesco Variable Rate Preferred ETF position as of Q4 2016 after selling out during the quarter.
Argentus Capital Management sold 20,812 Invesco Variable Rate Preferred ETF shares in Q4 2016, an estimated $531K.
Argentus Capital Management first reported a position in Invesco Variable Rate Preferred ETF in Q3 2015 and held it in 5 quarters.
Argentus Capital Management's Invesco Variable Rate Preferred ETF position peaked at $3.97M in Q3 2015.
90 funds tracked by Wall St. Rank held Invesco Variable Rate Preferred ETF as of Q4 2016.

Based on Argentus Capital Management's 13F filing for Q4 2016.