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Invesco Variable Rate Preferred ETF

245 hedge funds and large institutions have $1.13B invested in Invesco Variable Rate Preferred ETF in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 90 increasing their positions, 89 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

40% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 15

1% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 89

1% more funds holding

Funds holding: 243245 (+2)

0.86% less ownership

Funds ownership: 55.94%55.09% (-0.86%)

11% less capital invested

Capital invested by funds: $1.27B → $1.13B (-$139M)

Holders
245
Holders Change
+2
Holders Change %
+0.82%
% of All Funds
3.28%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
21
Increased
90
Reduced
89
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
WCM
26
Windsor Capital Management
Arizona
$8.1M +$5.01K +206 +0.1%
Janney Montgomery Scott
27
Janney Montgomery Scott
Pennsylvania
$7.28M +$166K +6,822 +2%
AA
28
Advisory Alpha
Michigan
$7.06M -$45.5M -1,869,881 -86%
Invesco
29
Invesco
Georgia
$6.42M +$63.1K +2,596 +1%
Commonwealth Equity Services
30
Commonwealth Equity Services
Massachusetts
$6.18M -$4.32M -177,802 -41%
MWM
31
Meridian Wealth Management
Kentucky
$5.84M +$303K +12,472 +5%
BFO
32
Boston Family Office
Massachusetts
$5.66M +$117K +4,803 +2%
IA
33
Integrity Alliance
Iowa
$5.33M +$5.35M +220,070 New
ACM
34
AlphaStar Capital Management
North Carolina
$5.25M +$2.62M +107,884 +99%
NP
35
Nilsine Partners
Colorado
$5.24M +$418K +17,196 +9%
SIA
36
SeaBridge Investment Advisors
New Jersey
$5.24M +$847K +34,833 +19%
Cambridge Investment Research Advisors
37
Cambridge Investment Research Advisors
Iowa
$5.18M -$850K -34,957 -14%
Wealth Enhancement Advisory Services
38
Wealth Enhancement Advisory Services
Minnesota
$4.57M +$244K +10,015 +6%
FC
39
FCA Corp
Texas
$4.39M -$22.6K -928 -0.5%
WT
40
Whittier Trust
California
$4.21M +$20.4K +840 +0.5%
Citigroup
41
Citigroup
New York
$4.18M +$1.09M +44,670 +35%
PS
42
Principal Securities
Iowa
$4.16M +$11.3K +463 +0.3%
RFWA
43
RPg Family Wealth Advisory
Massachusetts
$4.08M +$481K +19,774 +13%
Renaissance Technologies
44
Renaissance Technologies
New York
$3.96M +$1.32M +54,351 +50%
Cetera Investment Advisers
45
Cetera Investment Advisers
Illinois
$3.8M -$156K -6,411 -4%
PAG
46
Private Advisor Group
New Jersey
$3.76M +$121K +4,971 +3%
Rockefeller Capital Management
47
Rockefeller Capital Management
New York
$3.71M +$69.9K +2,874 +2%
EWM
48
Elmwood Wealth Management
California
$3.59M -$105K -4,320 -3%
CCA
49
Cottonwood Capital Advisors
Utah
$3.35M -$45.4K -1,868 -1%
Northwestern Mutual Wealth Management
50
Northwestern Mutual Wealth Management
Wisconsin
$2.97M +$415K +17,062 +16%

VRP Hedge Fund Activity: Q1 2025 in Review

245 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2025, worth a combined $1.13B — down 11% from $1.27B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new VRP positions and 15 closed out — a net gain of 6 holders — while 90 added to existing stakes and 89 trimmed.

The largest buyer was Bank of America, adding an estimated $83.2M. The largest seller was Advisory Alpha, cutting an estimated $45.5M.

  • 245 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2025, up from 243 in Q4 2024.
  • Funds reported $1.13B of Invesco Variable Rate Preferred ETF stock for Q1 2025, down 11% quarter-over-quarter.
  • 21 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2025 and 15 closed out, a net change of +6 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q1 2025 was Bank of America, an estimated $83.2M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q1 2025 was Advisory Alpha, an estimated $45.5M sold.

Based on aggregated 13F filings for Q1 2025.