Invesco Variable Rate Preferred ETF
VRP
243 hedge funds and large institutions have $1.27B invested in Invesco Variable Rate Preferred ETF in 2024 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 102 increasing their positions, 79 reducing their positions, and 20 closing their positions.
30% more capital invested
Capital invested by funds: $973M → $1.27B (+$294M)
29% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 79
20% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 20
1.5% more ownership
Funds ownership: 54.45% → 55.94% (+1.5%)
0% less funds holding
Funds holding: 244 → 243 (-1)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$19.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$16.6M |
| 3 |
Morgan Stanley
New York
|
+$16.5M |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$8.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7.52M |
| 2 |
JP Morgan Chase
New York
|
-$4.53M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.78M |
| 4 |
Jane Street
New York
|
-$2.21M |
| 5 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$2.12M |
VRP Hedge Fund Activity: Q4 2024 in Review
243 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2024, worth a combined $1.27B — up 30% from $973M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new VRP positions and 20 closed out — a net gain of 4 holders — while 102 added to existing stakes and 79 trimmed.
The largest buyer was Spectrum Asset Management (Connecticut), adding an estimated $19.6M. The largest seller was Renaissance Technologies, cutting an estimated $7.52M.
- 243 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2024, down from 244 in Q3 2024.
- Funds reported $1.27B of Invesco Variable Rate Preferred ETF stock for Q4 2024, up 30% quarter-over-quarter.
- 24 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2024 and 20 closed out, a net change of +4 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2024 was Spectrum Asset Management (Connecticut), an estimated $19.6M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2024 was Renaissance Technologies, an estimated $7.52M sold.
Based on aggregated 13F filings for Q4 2024.