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Invesco Variable Rate Investment Grade ETF
VRIG

91 hedge funds and large institutions have $451M invested in Invesco Variable Rate Investment Grade ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.17% less ownership

Funds ownership: 87.7% → 85.53% (-2.2%)

3% less funds holding

Funds holding: 94 → 91 (-3)

6% less capital invested

Capital invested by funds: $481M → $451M (-$29.8M)

13% less repeat investments, than reductions

Existing positions increased: 28 | Existing positions reduced: 32

14% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 21

20% less funds holding in top 10

Funds holding in top 10: 5 → 4 (-1)

Holders
91
Holders Change
-3
Holders Change %
-3.19%
% of All Funds
1.45%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
18
Increased
28
Reduced
32
Closed
21
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
Invesco
Invesco
Georgia
+$19.9M
2
SPC
Sigma Planning Corp
Michigan
+$2.35M
3
Osaic Holdings
Osaic Holdings
Arizona
+$1.36M
4
First Trust Advisors
First Trust Advisors
Illinois
+$991K
5
CSA
Cottage Street Advisors
Massachusetts
+$955K

Top Sellers

Rank Fund Capital Flow
1
PI
PFS Investments
Georgia
-$18.7M
2
Morgan Stanley
Morgan Stanley
New York
-$10.3M
3
AWS
AJ Wealth Strategies
New York
-$6.63M
4
MIA
Milestone Investment Advisors
Wisconsin
-$6.16M
5
Bank of America
Bank of America
North Carolina
-$5.44M
Name Holding Trade Value Shares
Change 		Change in
Stake
IWM
51
IHT Wealth Management
Illinois
$444K +$447K +17,975 New
OIA
52
OneDigital Investment Advisors
Kansas
$442K – – –
AWM
53
AE Wealth Management
Kansas
$411K +$497 +20 +0.1%
AFAS
54
Acorn Financial Advisory Services
Virginia
$346K +$2.29K +92 +0.7%
OPS
55
Orion Portfolio Solutions
Nebraska
$337K – – –
BCI
56
Brinker Capital Investments
Pennsylvania
$337K +$339K +13,624 New
WP
57
WealthPLAN Partners
Nebraska
$333K -$54.6K -2,198 -14%
JWCA
58
J.W. Cole Advisors
Florida
$307K +$69.5K +2,798 +29%
SPIA
59
Steward Partners Investment Advisory
New York
$305K +$307K +12,350 New
Citadel Advisors
60
Citadel Advisors
Florida
$273K +$274K +11,039 New
CAN
61
Cetera Advisor Networks
California
$272K +$274K +11,023 New
SSWM
62
Sheets Smith Wealth Management
North Carolina
$265K +$2.16K +87 +0.8%
SAG
63
Spotlight Asset Group
Illinois
$257K +$258K +10,400 New
TIM
64
Tortoise Investment Management
New York
$246K – – –
HHGA
65
Halbert Hargrove Global Advisors
California
$239K +$240K +9,663 New
Truist Financial
66
Truist Financial
North Carolina
$233K -$107K -4,289 -31%
PTC
67
Private Trust Company
Ohio
$227K – – –
SPFA
68
Summit Place Financial Advisors
New Jersey
$222K -$24.9K -1,000 -10%
HI
69
Harbour Investments
Wisconsin
$216K +$217K +8,723 New
FHC
70
First Heartland Consultants
Missouri
$205K +$3.98K +160 +2%
William Blair & Company
71
William Blair & Company
Illinois
$196K – – –
MPCG
72
Matrix Private Capital Group
New York
$143K +$144K +5,800 New
Carson Wealth (CWM LLC)
73
Carson Wealth (CWM LLC)
Nebraska
$70K – – –
UBS Group
74
UBS Group
Switzerland
$68.5K -$12.1K -486 -15%
RG
75
Retirement Group
California
$68K +$447 +18 +0.7%
1 2
3
4 5

VRIG Hedge Fund Activity: Q1 2023 in Review

91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q1 2023, worth a combined $451M — down 6.2% from $481M a quarter earlier.

Sellers outnumbered buyers: 21 funds closed out of VRIG and 18 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 28 added.

The largest buyer was Invesco, adding an estimated $19.9M. The largest seller was PFS Investments, cutting an estimated $18.7M.

  • 91 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q1 2023, down from 94 in Q4 2022.
  • Funds reported $451M of Invesco Variable Rate Investment Grade ETF stock for Q1 2023, down 6.2% quarter-over-quarter.
  • 18 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q1 2023 and 21 closed out, a net change of -3 holders.
  • The largest Invesco Variable Rate Investment Grade ETF buyer in Q1 2023 was Invesco, an estimated $19.9M added.
  • The largest Invesco Variable Rate Investment Grade ETF seller in Q1 2023 was PFS Investments, an estimated $18.7M sold.

Based on aggregated 13F filings for Q1 2023.