Invesco Variable Rate Preferred ETF
VRP
174 hedge funds and large institutions have $754M invested in Invesco Variable Rate Preferred ETF in 2020 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 66 increasing their positions, 60 reducing their positions, and 13 closing their positions.
85% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 13
10% more repeat investments, than reductions
Existing positions increased: 66 | Existing positions reduced: 60
9% more capital invested
Capital invested by funds: $691M → $754M (+$62.5M)
7% more funds holding
Funds holding: 163 → 174 (+11)
1.15% more ownership
Funds ownership: 48.25% → 49.41% (+1.2%)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| 1 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$9.91M |
| 2 |
BFO
Boston Family Office
Boston,
Massachusetts
|
+$8.31M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.59M |
| 4 |
GI
Glovista Investments
Jersey City,
New Jersey
|
+$2.4M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$2.28M |
Top Sellers
| 1 |
Wells Fargo
San Francisco,
California
|
-$4.03M |
| 2 |
Jane Street
New York
|
-$3.73M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
-$2.15M |
| 4 |
ONST
Old North State Trust
Greensboro,
North Carolina
|
-$1.87M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.86M |
VRP Hedge Fund Activity: Q4 2020 in Review
174 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2020, worth a combined $754M — up 9% from $691M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new VRP positions and 13 closed out — a net gain of 11 holders — while 66 added to existing stakes and 60 trimmed.
The largest buyer was Stephens Inc, adding an estimated $9.91M. The largest seller was Wells Fargo, cutting an estimated $4.03M.
- 174 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2020, up from 163 in Q3 2020.
- Funds reported $754M of Invesco Variable Rate Preferred ETF stock for Q4 2020, up 9% quarter-over-quarter.
- 24 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2020 and 13 closed out, a net change of +11 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2020 was Stephens Inc, an estimated $9.91M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2020 was Wells Fargo, an estimated $4.03M sold.
Based on aggregated 13F filings for Q4 2020.