Invesco Variable Rate Investment Grade ETF
VRIG
57 hedge funds and large institutions have $232M invested in Invesco Variable Rate Investment Grade ETF in 2020 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 26 increasing their positions, 19 reducing their positions, and 8 closing their positions.
40% more funds holding in top 10
Funds holding in top 10: 5 → 7 (+2)
37% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 19
8% more capital invested
Capital invested by funds: $215M → $232M (+$17M)
6.64% more ownership
Funds ownership: 68.53% → 75.16% (+6.6%)
5% less funds holding
Funds holding: 60 → 57 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
6M
6 Meridian
Wichita,
Kansas
|
+$8.3M |
| 2 |
HC
HNP Capital
Rochester,
New York
|
+$8.02M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$2.89M |
| 4 |
Morgan Stanley
New York
|
+$1.8M |
| 5 |
VRM
Vectors Research Management
New York
|
+$816K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$14M |
| 2 |
LFPWM
Leicht Financial Planning & Wealth Management
Parsippany,
New Jersey
|
-$1.52M |
| 3 |
BWA
Beam Wealth Advisors
Covington,
Louisiana
|
-$1.24M |
| 4 |
BC
Barnett & Company
Chattanooga,
Tennessee
|
-$1.16M |
| 5 |
RCAG
Rehmann Capital Advisory Group
Lansing,
Michigan
|
-$1.03M |
VRIG Hedge Fund Activity: Q2 2020 in Review
57 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q2 2020, worth a combined $232M — up 7.9% from $215M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of VRIG and 5 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 26 added.
The largest buyer was 6 Meridian, adding an estimated $8.3M. The largest seller was Bank of America, cutting an estimated $14M.
- 57 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q2 2020, down from 60 in Q1 2020.
- Funds reported $232M of Invesco Variable Rate Investment Grade ETF stock for Q2 2020, up 7.9% quarter-over-quarter.
- 5 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q2 2020 and 8 closed out, a net change of -3 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q2 2020 was 6 Meridian, an estimated $8.3M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q2 2020 was Bank of America, an estimated $14M sold.
Based on aggregated 13F filings for Q2 2020.