Invesco Variable Rate Preferred ETF
VRP
161 hedge funds and large institutions have $636M invested in Invesco Variable Rate Preferred ETF in 2020 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 45 increasing their positions, 75 reducing their positions, and 22 closing their positions.
1% more capital invested
Capital invested by funds: $629M → $636M (+$7.6M)
0.03% more ownership
Funds ownership: 46.61% → 46.64% (+0.03%)
2% less funds holding
Funds holding: 165 → 161 (-4)
14% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 22
40% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 75
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$8.78M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$5.42M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.31M |
| 4 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
+$2.4M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$26.5M |
| 2 |
Charles Schwab
San Francisco,
California
|
-$5.83M |
| 3 |
SW
SlateStone Wealth
Jupiter,
Florida
|
-$5.21M |
| 4 |
Stifel Financial
St. Louis,
Missouri
|
-$4.76M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$4.48M |
VRP Hedge Fund Activity: Q2 2020 in Review
161 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2020, worth a combined $636M — up 1.2% from $629M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of VRP and 19 opened new positions — a net loss of 3 holders — while 75 trimmed existing stakes and 45 added.
The largest buyer was Goldman Sachs, adding an estimated $8.78M. The largest seller was Jane Street, cutting an estimated $26.5M.
- 161 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2020, down from 165 in Q1 2020.
- Funds reported $636M of Invesco Variable Rate Preferred ETF stock for Q2 2020, up 1.2% quarter-over-quarter.
- 19 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2020 and 22 closed out, a net change of -3 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2020 was Goldman Sachs, an estimated $8.78M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2020 was Jane Street, an estimated $26.5M sold.
Based on aggregated 13F filings for Q2 2020.