We are live on ! Find out more
VRP icon

Invesco Variable Rate Preferred ETF

159 hedge funds and large institutions have $590M invested in Invesco Variable Rate Preferred ETF in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

5% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 58

0.25% less ownership

Funds ownership: 39.48%39.24% (-0.25%)

1% less capital invested

Capital invested by funds: $594M → $590M (-$4.52M)

5% less funds holding

Funds holding: 167159 (-8)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

Holders
159
Holders Change
-8
Holders Change %
-4.79%
% of All Funds
3.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
18
Increased
61
Reduced
58
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RJA
26
Raymond James & Associates
Florida
$4.38M -$55.5K -2,239 -1%
MFS
27
Madrona Financial Services
Washington
$4.09M +$3.85M +155,218 +1,766%
CWM
28
Cabot Wealth Management
Massachusetts
$4M +$80.8K +3,260 +2%
CSA
29
Cottage Street Advisors
Massachusetts
$3.41M -$26K -1,049 -0.8%
MML Investors Services
30
MML Investors Services
Massachusetts
$3.21M +$266K +10,743 +9%
RJFSA
31
Raymond James Financial Services Advisors
Florida
$2.98M +$115K +4,639 +4%
PA
32
Pinnacle Associates
New York
$2.93M +$62K +2,503 +2%
SPIA
33
Steward Partners Investment Advisory
New York
$2.85M -$7.88K -318 -0.3%
FCA
34
FinTrust Capital Advisors
South Carolina
$2.82M +$800K +32,299 +40%
ONST
35
Old North State Trust
North Carolina
$2.8M -$115K -4,641 -4%
PHS
36
Pekin Hardy Strauss
Illinois
$2.62M +$991 +40 +0%
Thrivent Financial for Lutherans
37
Thrivent Financial for Lutherans
Minnesota
$2.61M -$173K -7,000 -6%
Cambridge Investment Research Advisors
38
Cambridge Investment Research Advisors
Iowa
$2.58M -$113K -4,553 -4%
WT
39
Whittier Trust
California
$2.36M +$282K +11,399 +14%
DWM
40
Dakota Wealth Management
Florida
$2.17M +$180K +7,271 +9%
CB
41
Community Bank
New York
$2.14M
KA
42
Klingman & Associates
New York
$2.01M -$87.8K -3,542 -4%
SIA
43
SeaBridge Investment Advisors
New Jersey
$1.92M +$17.2K +695 +0.9%
LFASL
44
Lugano Financial Advisors SA (LFA)
Switzerland
$1.89M -$5.82K -235 -0.3%
GSWM
45
Golden State Wealth Management
California
$1.79M -$74.8K -3,019 -4%
SAS
46
Sage Advisory Services
Texas
$1.77M +$1.76M +71,025 New
Lido Advisors
47
Lido Advisors
California
$1.69M -$8.25K -333 -0.5%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$1.58M +$501K +20,208 +47%
WKWM
49
Walter & Keenan Wealth Management
Indiana
$1.57M +$173K +7,000 +13%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$1.4M -$30.8K -1,243 -2%

VRP Hedge Fund Activity: Q2 2019 in Review

159 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2019, worth a combined $590M — down 0.76% from $594M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of VRP and 18 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 61 added.

The largest buyer was MD Financial Management, opening a new position worth an estimated $17.8M. The largest seller was Jane Street, cutting an estimated $20.7M.

  • 159 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2019, down from 167 in Q1 2019.
  • Funds reported $590M of Invesco Variable Rate Preferred ETF stock for Q2 2019, down 0.76% quarter-over-quarter.
  • 18 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2019 and 20 closed out, a net change of -2 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q2 2019 was MD Financial Management, an estimated $17.8M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q2 2019 was Jane Street, an estimated $20.7M sold.

Based on aggregated 13F filings for Q2 2019.