Invesco Variable Rate Investment Grade ETF
VRIG
36 hedge funds and large institutions have $153M invested in Invesco Variable Rate Investment Grade ETF in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 3 closing their positions.
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
30% more capital invested
Capital invested by funds: $118M → $153M (+$35.3M)
24% more funds holding
Funds holding: 29 → 36 (+7)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
37.36% less ownership
Funds ownership: 90.94% → 53.58% (-37%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$14.1M |
| 2 |
Morgan Stanley
New York
|
+$11M |
| 3 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$3.98M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.5M |
| 5 |
RA
RFG Advisory
Birmingham,
Alabama
|
+$3.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.67M |
| 2 |
Jane Street
New York
|
-$840K |
| 3 |
VF
Virtu Financial
New York
|
-$807K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$31K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$8.29K |
VRIG Hedge Fund Activity: Q1 2018 in Review
36 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q1 2018, worth a combined $153M — up 30% from $118M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new VRIG positions and 3 closed out — a net gain of 7 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $14.1M. The largest seller was Raymond James & Associates, cutting an estimated $6.67M.
- 36 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q1 2018, up from 29 in Q4 2017.
- Funds reported $153M of Invesco Variable Rate Investment Grade ETF stock for Q1 2018, up 30% quarter-over-quarter.
- 10 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q1 2018 and 3 closed out, a net change of +7 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q1 2018 was Bank of America, an estimated $14.1M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q1 2018 was Raymond James & Associates, an estimated $6.67M sold.
Based on aggregated 13F filings for Q1 2018.