Invesco Variable Rate Investment Grade ETF
VRIG
121 hedge funds and large institutions have $647M invested in Invesco Variable Rate Investment Grade ETF in 2023 Q4 according to their latest regulatory filings, with 29 funds opening new positions, 45 increasing their positions, 36 reducing their positions, and 14 closing their positions.
107% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 14
32% more capital inflows, than outflows
Capital inflows: $133M | Capital outflows: $101M
25% more repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 36
14% more funds holding
Funds holding: 106 → 121 (+15)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
10.42% less ownership
Funds ownership: 88.05% → 77.63% (-10%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AssetMark Inc
Concord,
California
|
+$47.5M |
| 2 |
FP
Fiduciary Planning
Englewood,
Florida
|
+$16.5M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$10.3M |
| 4 |
LPL Financial
San Diego,
California
|
+$7.46M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$41M |
| 2 |
VRM
Vectors Research Management
New York
|
-$12.9M |
| 3 |
WWM
WT Wealth Management
Scottsdale,
Arizona
|
-$12.4M |
| 4 |
ACA
Aptus Capital Advisors
Fairhope,
Alabama
|
-$6.58M |
| 5 |
Invesco
Atlanta,
Georgia
|
-$4.87M |
VRIG Hedge Fund Activity: Q4 2023 in Review
121 of the 6,873 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Investment Grade ETF (VRIG) for Q4 2023, worth a combined $647M — up 7% from $605M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new VRIG positions and 14 closed out — a net gain of 15 holders — while 45 added to existing stakes and 36 trimmed.
The largest buyer was AssetMark Inc, opening a new position worth an estimated $47.5M. The largest seller was Mainstay Capital Management, cutting an estimated $41M.
- 121 institutional investors held Invesco Variable Rate Investment Grade ETF (VRIG) as of Q4 2023, up from 106 in Q3 2023.
- Funds reported $647M of Invesco Variable Rate Investment Grade ETF stock for Q4 2023, up 7% quarter-over-quarter.
- 29 funds opened new Invesco Variable Rate Investment Grade ETF positions in Q4 2023 and 14 closed out, a net change of +15 holders.
- The largest Invesco Variable Rate Investment Grade ETF buyer in Q4 2023 was AssetMark Inc, an estimated $47.5M added.
- The largest Invesco Variable Rate Investment Grade ETF seller in Q4 2023 was Mainstay Capital Management, an estimated $41M sold.
Based on aggregated 13F filings for Q4 2023.