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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
NMG
51
New Millennium Group
Utah
$2.94M +$453K +18,617 +18%
SA
52
Sanctuary Advisors
Indiana
$2.84M -$370K -15,210 -12%
SWM
53
Seed Wealth Management
Illinois
$2.51M -$526K -21,623 -17%
FNC
54
First National Corp
Massachusetts
$2.51M +$2.52M +103,525 New
HIP
55
HUB Investment Partners
Texas
$2.45M +$82.1K +3,374 +3%
DSC
56
Duncker Streett & Co
Missouri
$2.45M -$29.5K -1,213 -1%
OIM
57
Oder Investment Management
California
$2.35M +$6.81K +280 +0.3%
Envestnet Portfolio Solutions
58
Envestnet Portfolio Solutions
Illinois
$2.27M +$127K +5,240 +6%
AC
59
Addison Capital
Pennsylvania
$2.2M +$125K +5,135 +6%
CTWM
60
Cherry Tree Wealth Management
Minnesota
$2.19M +$2.2M +90,438 New
BCI
61
Brinker Capital Investments
Pennsylvania
$2.16M -$423K -17,398 -16%
OPS
62
Orion Portfolio Solutions
Nebraska
$2.16M -$423K -17,398 -16%
BWG
63
Beta Wealth Group
California
$2.12M +$927K +38,095 +77%
Goldman Sachs
64
Goldman Sachs
New York
$2.02M -$204K -8,372 -9%
NAM
65
NTV Asset Management
West Virginia
$1.99M -$34.1K -1,400 -2%
DP
66
Dearborn Partners
Illinois
$1.98M -$68K -2,794 -3%
SAMC
67
Spectrum Asset Management (Connecticut)
Connecticut
$1.9M -$19.1M -785,036 -91%
WS
68
Wedbush Securities
California
$1.89M +$60.3K +2,481 +3%
RCA
69
Ranch Capital Advisors
Florida
$1.85M -$47.7K -1,962 -3%
WA
70
Waverly Advisors
Alabama
$1.83M -$30.4K -1,250 -2%
HWM
71
Howard Wealth Management
Connecticut
$1.77M +$173K +7,111 +11%
JHCP
72
Jackson Hole Capital Partners
Oklahoma
$1.74M -$105K -4,304 -6%
ARG
73
Advisory Resource Group
Oklahoma
$1.7M +$123K +5,068 +8%
FCMA
74
Foresight Capital Management Advisors
Michigan
$1.67M +$1.68M +69,015 New
KPWS
75
Kestra Private Wealth Services
Texas
$1.67M -$61K -2,506 -4%

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.