Newfound Research’s Invesco Variable Rate Preferred ETF VRP Stock Holding History

Newfound Research’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
2020 Q1	–	Sell	-6,619	Closed	-$171K	–	203
2019 Q4	$171K	Sell	6,619 -3,532	-35%	-$90.6K	0.16%	42
2019 Q3	$258K	Buy	10,151 +1,338	+15%	+$33.8K	0.23%	46
2019 Q2	$220K	Sell	8,813 -11,269	-56%	-$279K	0.19%	47
2019 Q1	$494K	Buy	+20,082	New	+$484K	0.36%	38
2018 Q4	–	Sell	-35,133	Closed	-$874K	–	210
2018 Q3	$874K	Sell	35,133 -21,811	-38%	-$546K	0.5%	37
2018 Q2	$1.42M	Sell	56,944 -13,881	-20%	-$347K	0.8%	23
2018 Q1	$1.78M	Buy	70,825 +21,892	+45%	+$555K	1.01%	27
2017 Q4	$1.26M	Buy	48,933 +29,001	+145%	+$750K	0.67%	44
2017 Q3	$519K	Buy	19,932 +17,258	+645%	+$450K	0.3%	43
2017 Q2	$70K	Buy	+2,674	New	+$69.1K	0.05%	46

Other funds holding VRP

Charles Schwab San Francisco, California $751B AUM 38.74% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.55T AUM 33.47% 1-Year Est. Return

Morgan Stanley New York $1.89T AUM 35.08% 1-Year Est. Return

UBS Group Zurich, Switzerland $786B AUM 40.34% 1-Year Est. Return

Wells Fargo San Francisco, California $617B AUM 30.33% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Jane Street New York $1.21T AUM 78.12% 1-Year Est. Return

Atwood & Palmer Kansas City, Missouri $1.95B AUM 16% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $672B AUM 33.48% 1-Year Est. Return

FHA

First Horizon Advisors Memphis, Tennessee $3.85B AUM 16.99% 1-Year Est. Return

Newfound Research's VRP Position: Q1 2020 in Review

Newfound Research sold out of Invesco Variable Rate Preferred ETF (VRP) in Q1 2020, closing a stake of 6,619 shares — an estimated $171K sold.

Newfound Research first reported a position in VRP in Q2 2017 and held it in 10 quarters. The position peaked at $1.78M in Q1 2018. 165 funds tracked by Wall St. Rank hold VRP as of Q1 2020.

Newfound Research reported no remaining Invesco Variable Rate Preferred ETF position as of Q1 2020 after selling out during the quarter.
Newfound Research sold 6,619 Invesco Variable Rate Preferred ETF shares in Q1 2020, an estimated $171K.
Newfound Research first reported a position in Invesco Variable Rate Preferred ETF in Q2 2017 and held it in 10 quarters.
Newfound Research's Invesco Variable Rate Preferred ETF position peaked at $1.78M in Q1 2018.
165 funds tracked by Wall St. Rank held Invesco Variable Rate Preferred ETF as of Q1 2020.

Based on Newfound Research's 13F filing for Q1 2020, filed 27 Apr 2020.