Invesco Variable Rate Preferred ETF
VRP
27 hedge funds and large institutions have $69.7M invested in Invesco Variable Rate Preferred ETF in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 4 reducing their positions, and 2 closing their positions.
325% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 4
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
25% more capital invested
Capital invested by funds: $55.5M → $69.7M (+$14.2M)
4% more funds holding
Funds holding: 26 → 27 (+1)
4.7% less ownership
Funds ownership: 47.9% → 43.2% (-4.7%)
Top Buyers
| 1 |
CCM
CWH Capital Management
Spokane,
Washington
|
+$2.85M |
| 2 |
Morgan Stanley
New York
|
+$2.77M |
| 3 |
LPL Financial
San Diego,
California
|
+$2.65M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$1.56M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.55M |
Top Sellers
| 1 |
Jane Street
New York
|
-$965K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$353K |
| 3 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$119K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$52.3K |
| 5 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$3.87K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
W
26
Wealthfront
Palo Alto,
California
| $2K | +$1.67K | +67 | New |
|
|
27
Jane Street
New York
| – | -$965K | -39,147 | Closed |
|
|
VKH
28
Virtu KCG Holdings
New York
| – | -$353K | -14,321 | Closed |
|
VRP Hedge Fund Activity: Q1 2015 in Review
27 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2015, worth a combined $69.7M — up 25% from $55.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new VRP positions and 2 closed out — a net gain of 2 holders — while 17 added to existing stakes and 4 trimmed.
The largest buyer was CWH Capital Management, adding an estimated $2.85M. The largest seller was Jane Street, exiting entirely with an estimated $965K sold.
- 27 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2015, up from 26 in Q4 2014.
- Funds reported $69.7M of Invesco Variable Rate Preferred ETF stock for Q1 2015, up 25% quarter-over-quarter.
- 4 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2015 and 2 closed out, a net change of +2 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q1 2015 was CWH Capital Management, an estimated $2.85M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q1 2015 was Jane Street, an estimated $965K sold.
Based on aggregated 13F filings for Q1 2015.