Invesco Variable Rate Preferred ETF
VRP
240 hedge funds and large institutions have $956M invested in Invesco Variable Rate Preferred ETF in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 89 increasing their positions, 89 reducing their positions, and 12 closing their positions.
67% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 12
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
9% more capital invested
Capital invested by funds: $875M → $956M (+$80.7M)
1% more funds holding
Funds holding: 237 → 240 (+3)
0.79% more ownership
Funds ownership: 54.56% → 55.35% (+0.79%)
0% more repeat investments, than reductions
Existing positions increased: 89 | Existing positions reduced: 89
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15.8M |
| 3 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$7.62M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$4.98M |
| 5 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.21M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$2.68M |
| 5 |
BFO
Boston Family Office
Boston,
Massachusetts
|
-$2.36M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IPW
251
Impact Partnership Wealth
Marietta,
Georgia
| – | -$7.61K | -320 | Closed |
|
252
US Bancorp
Minneapolis,
Minnesota
| – | -$6.8K | -286 | Closed |
|
VRP Hedge Fund Activity: Q2 2024 in Review
240 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2024, worth a combined $956M — up 9.2% from $875M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VRP positions and 12 closed out — a net gain of 8 holders — while 89 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.7M. The largest seller was UBS Group, cutting an estimated $11M.
- 240 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2024, up from 237 in Q1 2024.
- Funds reported $956M of Invesco Variable Rate Preferred ETF stock for Q2 2024, up 9.2% quarter-over-quarter.
- 20 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2024 and 12 closed out, a net change of +8 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2024 was Morgan Stanley, an estimated $39.7M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2024 was UBS Group, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2024.