Invesco Variable Rate Preferred ETF
VRP
247 hedge funds and large institutions have $1.24B invested in Invesco Variable Rate Preferred ETF in 2025 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 97 increasing their positions, 86 reducing their positions, and 21 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
13% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 86
7% more capital invested
Capital invested by funds: $1.17B → $1.24B (+$77.4M)
1.59% less ownership
Funds ownership: 57.27% → 55.68% (-1.6%)
6% less funds holding
Funds holding: 262 → 247 (-15)
48% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 21
Top Buyers
| 1 |
MSWM
Mader & Shannon Wealth Management
Kansas City,
Missouri
|
+$21.1M |
| 2 |
Morgan Stanley
New York
|
+$20.8M |
| 3 |
JP Morgan Chase
New York
|
+$13.8M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$12.2M |
| 5 |
Jane Street
New York
|
+$11.4M |
Top Sellers
VRP Hedge Fund Activity: Q3 2025 in Review
247 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2025, worth a combined $1.24B — up 6.6% from $1.17B a quarter earlier.
Sellers outnumbered buyers: 21 funds closed out of VRP and 11 opened new positions — a net loss of 10 holders — while 86 trimmed existing stakes and 97 added.
The largest buyer was Mader & Shannon Wealth Management, opening a new position worth an estimated $21.1M. The largest seller was Migdal Insurance & Financial Holdings, exiting entirely with an estimated $9.78M sold.
- 247 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2025, down from 262 in Q2 2025.
- Funds reported $1.24B of Invesco Variable Rate Preferred ETF stock for Q3 2025, up 6.6% quarter-over-quarter.
- 11 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2025 and 21 closed out, a net change of -10 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2025 was Mader & Shannon Wealth Management, an estimated $21.1M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2025 was Migdal Insurance & Financial Holdings, an estimated $9.78M sold.
Based on aggregated 13F filings for Q3 2025.