Invesco Variable Rate Investment Grade ETF
VRIG
106 hedge funds and large institutions have $605M invested in Invesco Variable Rate Investment Grade ETF in 2023 Q3 according to their latest regulatory filings, with 21 funds opening new positions, 36 increasing their positions, 32 reducing their positions, and 9 closing their positions.
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
23% more capital invested
Capital invested by funds: $492M → $605M (+$113M)
13% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 32
12% more funds holding
Funds holding: 95 → 106 (+11)
4.29% more ownership
Funds ownership: 83.77% → 88.05% (+4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$62.2M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$8.73M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.53M |
| 4 |
FP
Fiduciary Planning
Englewood,
Florida
|
+$6.71M |
| 5 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
+$6.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$5.05M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$4.64M |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$4.31M |
| 4 |
FFA
First Foundation Advisors
Irvine,
California
|
-$2.44M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$2.28M |
VRIG Hedge Fund Activity: Q3 2023 in Review
106 of the 6,310 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q3 2023, worth a combined $605M — up 23% from $492M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new VRIG positions and 9 closed out — a net gain of 12 holders — while 36 added to existing stakes and 32 trimmed.
The largest buyer was Mainstay Capital Management, adding an estimated $62.2M. The largest seller was Jane Street, cutting an estimated $5.05M.
- 106 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q3 2023, up from 95 in Q2 2023.
- Funds reported $605M of Invesco Variable Rate Investment Grade ETF stock for Q3 2023, up 23% quarter-over-quarter.
- 21 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q3 2023 and 9 closed out, a net change of +12 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q3 2023 was Mainstay Capital Management, an estimated $62.2M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q3 2023 was Jane Street, an estimated $5.05M sold.
Based on aggregated 13F filings for Q3 2023.