Invesco Variable Rate Preferred ETF
VRP
179 hedge funds and large institutions have $784M invested in Invesco Variable Rate Preferred ETF in 2019 Q4 according to their latest regulatory filings, with 37 funds opening new positions, 76 increasing their positions, 39 reducing their positions, and 16 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 2 → 6 (+4)
131% more first-time investments, than exits
New positions opened: 37 | Existing positions closed: 16
95% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 39
25% more capital invested
Capital invested by funds: $626M → $784M (+$157M)
11% more funds holding
Funds holding: 161 → 179 (+18)
4.42% more ownership
Funds ownership: 40.66% → 45.08% (+4.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$101M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$9.77M |
| 3 |
SW
SlateStone Wealth
Jupiter,
Florida
|
+$6.12M |
| 4 |
Morgan Stanley
New York
|
+$5.81M |
| 5 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$4.71M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TC
Trilogy Capital
Irvine,
California
|
-$6.5M |
| 2 |
JP Morgan Chase
New York
|
-$5.09M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$3.58M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.63M |
| 5 |
Jane Street
New York
|
-$1.59M |
VRP Hedge Fund Activity: Q4 2019 in Review
179 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2019, worth a combined $784M — up 25% from $626M a quarter earlier.
Buyers outnumbered sellers: 37 funds opened new VRP positions and 16 closed out — a net gain of 21 holders — while 76 added to existing stakes and 39 trimmed.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $101M. The largest seller was Trilogy Capital, exiting entirely with an estimated $6.5M sold.
- 179 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2019, up from 161 in Q3 2019.
- Funds reported $784M of Invesco Variable Rate Preferred ETF stock for Q4 2019, up 25% quarter-over-quarter.
- 37 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2019 and 16 closed out, a net change of +21 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2019 was Charles Schwab Investment Advisory, an estimated $101M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2019 was Trilogy Capital, an estimated $6.5M sold.
Based on aggregated 13F filings for Q4 2019.