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Invesco Variable Rate Investment Grade ETF

21 hedge funds and large institutions have $54.4M invested in Invesco Variable Rate Investment Grade ETF in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

800% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 1

62% more funds holding

Funds holding: 1321 (+8)

25% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 4

24% more capital invested

Capital invested by funds: $43.9M → $54.4M (+$10.5M)

5.49% less ownership

Funds ownership: 58.12%52.63% (-5.5%)

Holders
21
Holders Change
+8
Holders Change %
+61.54%
% of All Funds
0.52%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
9
Increased
5
Reduced
4
Closed
1
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$15.8M +$6.36M +252,175 +68%
RJA
2
Raymond James & Associates
Florida
$12.6M -$1.25M -49,582 -9%
Morgan Stanley
3
Morgan Stanley
New York
$5.81M +$3.4M +134,909 +141%
Invesco
4
Invesco
Georgia
$5.5M
BC
5
Barnett & Company
Tennessee
$5.49M +$2.36M +93,510 +75%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$5.17M -$1.37M -54,222 -21%
GC
7
Grimes & Company
Massachusetts
$680K
VF
8
Virtu Financial
New York
$607K +$607K +24,087 New
GCA
9
Greenwood Capital Associates
South Carolina
$580K +$580K +23,010 New
AW
10
ACG Wealth
Georgia
$407K +$2.24K +89 +0.6%
BTS
11
BB&T Securities
Virginia
$277K +$277K +11,000 New
MML Investors Services
12
MML Investors Services
Massachusetts
$269K +$2.98K +118 +1%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$261K -$897K -35,584 -77%
LTFS
14
Ladenburg Thalmann Financial Services
Florida
$260K +$260K +10,327 New
RMAM
15
Raab & Moskowitz Asset Management
New Jersey
$253K +$253K +10,047 New
FFA
16
First Foundation Advisors
California
$238K +$238K +9,448 New
IA
17
IFP Advisors
Florida
$64K +$64K +2,540 New
UBS Group
18
UBS Group
Switzerland
$51K +$51.6K +2,045 New
AG
19
Advisor Group
Arizona
$47K -$2.42K -96 -5%
FDCDDQ
20
Federation des caisses Desjardins du Quebec
Quebec, Canada
$45.4K
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$18K +$17.9K +708 New
Citadel Advisors
22
Citadel Advisors
Florida
-$509K -20,207 Closed

VRIG Hedge Fund Activity: Q3 2017 in Review

21 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q3 2017, worth a combined $54.4M — up 24% from $43.9M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new VRIG positions and 1 closed out — a net gain of 8 holders — while 5 added to existing stakes and 4 trimmed.

The largest buyer was Bank of America, adding an estimated $6.36M. The largest seller was Royal Bank of Canada, cutting an estimated $1.37M.

  • 21 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q3 2017, up from 13 in Q2 2017.
  • Funds reported $54.4M of Invesco Variable Rate Investment Grade ETF stock for Q3 2017, up 24% quarter-over-quarter.
  • 9 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q3 2017 and 1 closed out, a net change of +8 holders.
  • The largest Invesco Variable Rate Investment Grade ETF buyer in Q3 2017 was Bank of America, an estimated $6.36M added.
  • The largest Invesco Variable Rate Investment Grade ETF seller in Q3 2017 was Royal Bank of Canada, an estimated $1.37M sold.

Based on aggregated 13F filings for Q3 2017.