Invesco Variable Rate Investment Grade ETF
VRIG
60 hedge funds and large institutions have $215M invested in Invesco Variable Rate Investment Grade ETF in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 16 closing their positions.
0.93% more ownership
Funds ownership: 67.59% → 68.53% (+0.93%)
10% less funds holding
Funds holding: 67 → 60 (-7)
13% less capital invested
Capital invested by funds: $249M → $215M (-$33.4M)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
19% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6M
6 Meridian
Wichita,
Kansas
|
+$10.6M |
| 2 |
Jane Street
New York
|
+$4.74M |
| 3 |
LWM
Laidlaw Wealth Management
New York City,
New York
|
+$3.25M |
| 4 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
+$1.33M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$11.7M |
| 2 |
HC
HNP Capital
Rochester,
New York
|
-$7.36M |
| 3 |
AWA
ARS Wealth Advisors
St. Petersburg,
Florida
|
-$3.85M |
| 4 |
HIC
Holderness Investments Company
Greensboro,
North Carolina
|
-$3.37M |
| 5 |
BMA
Brooks Moore & Associates
Chattanooga,
Tennessee
|
-$2.54M |
VRIG Hedge Fund Activity: Q1 2020 in Review
60 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q1 2020, worth a combined $215M — down 13% from $249M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of VRIG and 13 opened new positions — a net loss of 3 holders — while 22 trimmed existing stakes and 19 added.
The largest buyer was 6 Meridian, opening a new position worth an estimated $10.6M. The largest seller was Morgan Stanley, cutting an estimated $11.7M.
- 60 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q1 2020, down from 67 in Q4 2019.
- Funds reported $215M of Invesco Variable Rate Investment Grade ETF stock for Q1 2020, down 13% quarter-over-quarter.
- 13 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q1 2020 and 16 closed out, a net change of -3 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q1 2020 was 6 Meridian, an estimated $10.6M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q1 2020 was Morgan Stanley, an estimated $11.7M sold.
Based on aggregated 13F filings for Q1 2020.