Invesco Variable Rate Preferred ETF
VRP
26 hedge funds and large institutions have $55.5M invested in Invesco Variable Rate Preferred ETF in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 4 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
175% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 4
51% more capital invested
Capital invested by funds: $36.7M → $55.5M (+$18.8M)
37% more funds holding
Funds holding: 19 → 26 (+7)
1.72% more ownership
Funds ownership: 46.17% → 47.9% (+1.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| 1 |
Morgan Stanley
New York
|
+$6.41M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$5.7M |
| 3 |
CCM
CWH Capital Management
Spokane,
Washington
|
+$3.99M |
| 4 |
CA
Cetera Advisors
Denver,
Colorado
|
+$735K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$543K |
Top Sellers
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| – | -$386K | -15,524 | Closed |
|
27
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$341K | -13,722 | Closed |
|
28
Envestnet Asset Management
Chicago,
Illinois
| – | -$341K | -13,700 | Closed |
|
|
PAG
29
Private Advisor Group
Morristown,
New Jersey
| – | -$6K | -239 | Closed |
|
30
Parallax Volatility Advisers
San Francisco,
California
| – | +$25 | +1 | New |
|
VRP Hedge Fund Activity: Q4 2014 in Review
26 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2014, worth a combined $55.5M — up 51% from $36.7M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new VRP positions and 4 closed out — a net gain of 7 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $6.41M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $386K sold.
- 26 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2014, up from 19 in Q3 2014.
- Funds reported $55.5M of Invesco Variable Rate Preferred ETF stock for Q4 2014, up 51% quarter-over-quarter.
- 11 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2014 and 4 closed out, a net change of +7 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2014 was Morgan Stanley, an estimated $6.41M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2014 was JP Morgan Chase, an estimated $386K sold.
Based on aggregated 13F filings for Q4 2014.