Invesco Variable Rate Investment Grade ETF
VRIG
91 hedge funds and large institutions have $451M invested in Invesco Variable Rate Investment Grade ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 28 increasing their positions, 32 reducing their positions, and 21 closing their positions.
2.17% less ownership
Funds ownership: 87.7% → 85.53% (-2.2%)
3% less funds holding
Funds holding: 94 → 91 (-3)
6% less capital invested
Capital invested by funds: $481M → $451M (-$29.8M)
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
14% less first-time investments, than exits
New positions opened: 18 | Existing positions closed: 21
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$19.9M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$2.35M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.36M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
+$991K |
| 5 |
CSA
Cottage Street Advisors
Marion,
Massachusetts
|
+$955K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PI
PFS Investments
Duluth,
Georgia
|
-$18.7M |
| 2 |
Morgan Stanley
New York
|
-$10.3M |
| 3 |
AWS
AJ Wealth Strategies
New York
|
-$6.63M |
| 4 |
MIA
Milestone Investment Advisors
Middleton,
Wisconsin
|
-$6.16M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$5.44M |
VRIG Hedge Fund Activity: Q1 2023 in Review
91 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q1 2023, worth a combined $451M — down 6.2% from $481M a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of VRIG and 18 opened new positions — a net loss of 3 holders — while 32 trimmed existing stakes and 28 added.
The largest buyer was Invesco, adding an estimated $19.9M. The largest seller was PFS Investments, cutting an estimated $18.7M.
- 91 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q1 2023, down from 94 in Q4 2022.
- Funds reported $451M of Invesco Variable Rate Investment Grade ETF stock for Q1 2023, down 6.2% quarter-over-quarter.
- 18 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q1 2023 and 21 closed out, a net change of -3 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q1 2023 was Invesco, an estimated $19.9M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q1 2023 was PFS Investments, an estimated $18.7M sold.
Based on aggregated 13F filings for Q1 2023.