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Invesco Variable Rate Preferred ETF

159 hedge funds and large institutions have $590M invested in Invesco Variable Rate Preferred ETF in 2019 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 61 increasing their positions, 58 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more funds holding in top 10

Funds holding in top 10: 23 (+1)

5% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 58

0.25% less ownership

Funds ownership: 39.48%39.24% (-0.25%)

1% less capital invested

Capital invested by funds: $594M → $590M (-$4.52M)

5% less funds holding

Funds holding: 167159 (-8)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

Holders
159
Holders Change
-8
Holders Change %
-4.79%
% of All Funds
3.45%
Holding in Top 10
3
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+50%
% of All Funds
0.07%
New
18
Increased
61
Reduced
58
Closed
20
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AFC
76
AFT Forsyth & Company
Florida
$787K -$95K -3,834 -11%
PNC Financial Services Group
77
PNC Financial Services Group
Pennsylvania
$787K +$93.8K +3,786 +14%
NA
78
NewEdge Advisors
Louisiana
$773K +$44.2K +1,784 +6%
LNC
79
Lincoln National Corp
Pennsylvania
$762K -$45.1K -1,821 -6%
PCM
80
Price Capital Management
Louisiana
$750K +$743K +30,000 New
Barclays
81
Barclays
United Kingdom
$748K +$743K +30,000 New
DCM
82
Delta Capital Management
New Jersey
$688K -$2.73K -110 -0.4%
CIAS
83
Capital Investment Advisory Services
North Carolina
$687K -$9.24K -373 -1%
WSTAM
84
Wilbanks Smith & Thomas Asset Management
Virginia
$678K -$2.38M -95,963 -78%
AWM
85
Altium Wealth Management
New York
$653K +$53.1K +2,145 +9%
HB
86
Homrich & Berg
Georgia
$643K +$79.3K +3,199 +14%
WP
87
WealthPLAN Partners
Nebraska
$592K +$352K +14,211 +153%
GWM
88
Geneos Wealth Management
Colorado
$590K -$5.63K -227 -0.9%
CAL
89
Capital Advisors Ltd
Ohio
$578K -$173K -6,967 -23%
AIP
90
Ahrens Investment Partners
Louisiana
$568K -$27.3K -1,100 -5%
DSC
91
Duncker Streett & Co
Missouri
$561K -$36.4K -1,471 -6%
CFA
92
Carroll Financial Associates
North Carolina
$538K +$130K +5,245 +32%
JHCP
93
Jackson Hole Capital Partners
Oklahoma
$532K -$9.91K -400 -2%
KWA
94
KCS Wealth Advisory
California
$527K -$23K -930 -4%
FSA
95
Fort Sheridan Advisors
Illinois
$499K +$49.6K +2,000 +11%
SMFS
96
Squar Milner Financial Services
California
$497K -$124K -4,995 -20%
AFNAS
97
American Financial Network Advisory Services
California
$473K -$106K -4,280 -18%
WP
98
WealthSource Partners
California
$473K +$470K +18,962 New
GHAM
99
Gilman Hill Asset Management
Connecticut
$471K
PA
100
PFG Advisors
Arizona
$468K -$56.6K -2,284 -11%

VRP Hedge Fund Activity: Q2 2019 in Review

159 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2019, worth a combined $590M — down 0.76% from $594M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of VRP and 18 opened new positions — a net loss of 2 holders — while 58 trimmed existing stakes and 61 added.

The largest buyer was MD Financial Management, opening a new position worth an estimated $17.8M. The largest seller was Jane Street, cutting an estimated $20.7M.

  • 159 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2019, down from 167 in Q1 2019.
  • Funds reported $590M of Invesco Variable Rate Preferred ETF stock for Q2 2019, down 0.76% quarter-over-quarter.
  • 18 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2019 and 20 closed out, a net change of -2 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q2 2019 was MD Financial Management, an estimated $17.8M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q2 2019 was Jane Street, an estimated $20.7M sold.

Based on aggregated 13F filings for Q2 2019.