Invesco Variable Rate Investment Grade ETF
VRIG
59 hedge funds and large institutions have $267M invested in Invesco Variable Rate Investment Grade ETF in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 28 increasing their positions, 17 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
65% more repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 17
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
9% more funds holding
Funds holding: 54 → 59 (+5)
1% less capital invested
Capital invested by funds: $271M → $267M (-$3.93M)
1.3% less ownership
Funds ownership: 65.46% → 64.16% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TIM
Tortoise Investment Management
White Plains,
New York
|
+$6.28M |
| 2 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$4.37M |
| 3 |
Jane Street
New York
|
+$3.98M |
| 4 |
AWS
AJ Wealth Strategies
New York
|
+$2.34M |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
ARS Wealth Advisors
St. Petersburg,
Florida
|
-$12.4M |
| 2 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$6.83M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.64M |
| 4 |
Morgan Stanley
New York
|
-$2.9M |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$1.02M |
VRIG Hedge Fund Activity: Q2 2019 in Review
59 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q2 2019, worth a combined $267M — down 1.4% from $271M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new VRIG positions and 4 closed out — a net gain of 5 holders — while 28 added to existing stakes and 17 trimmed.
The largest buyer was Tortoise Investment Management, adding an estimated $6.28M. The largest seller was ARS Wealth Advisors, cutting an estimated $12.4M.
- 59 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q2 2019, up from 54 in Q1 2019.
- Funds reported $267M of Invesco Variable Rate Investment Grade ETF stock for Q2 2019, down 1.4% quarter-over-quarter.
- 9 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q2 2019 and 4 closed out, a net change of +5 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q2 2019 was Tortoise Investment Management, an estimated $6.28M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q2 2019 was ARS Wealth Advisors, an estimated $12.4M sold.
Based on aggregated 13F filings for Q2 2019.