Invesco Variable Rate Preferred ETF
VRP
40 hedge funds and large institutions have $101M invested in Invesco Variable Rate Preferred ETF in 2015 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 17 increasing their positions, 5 reducing their positions, and 1 closing their positions.
1,300% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 1
240% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 5
48% more funds holding
Funds holding: 27 → 40 (+13)
45% more capital invested
Capital invested by funds: $69.7M → $101M (+$31.7M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2.14% less ownership
Funds ownership: 43.2% → 41.06% (-2.1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.79M |
| 2 |
Morgan Stanley
New York
|
+$5.8M |
| 3 |
VAM
Verity Asset Management
Durham,
North Carolina
|
+$4.9M |
| 4 |
GCA
Greenwood Capital Associates
Greenwood,
South Carolina
|
+$2.19M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
-$70.5K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
-$60.8K |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$29.8K |
| 4 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$2.5K |
| 5 |
W
Wealthfront
Palo Alto,
California
|
-$2K |
VRP Hedge Fund Activity: Q2 2015 in Review
40 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2015, worth a combined $101M — up 45% from $69.7M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new VRP positions and 1 closed out — a net gain of 13 holders — while 17 added to existing stakes and 5 trimmed.
The largest buyer was Bank of America, adding an estimated $7.79M. The largest seller was D.A. Davidson & Co, cutting an estimated $70.5K.
- 40 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2015, up from 27 in Q1 2015.
- Funds reported $101M of Invesco Variable Rate Preferred ETF stock for Q2 2015, up 45% quarter-over-quarter.
- 14 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2015 and 1 closed out, a net change of +13 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2015 was Bank of America, an estimated $7.79M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2015 was D.A. Davidson & Co, an estimated $70.5K sold.
Based on aggregated 13F filings for Q2 2015.