Invesco Variable Rate Preferred ETF
VRP
244 hedge funds and large institutions have $973M invested in Invesco Variable Rate Preferred ETF in 2024 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 91 increasing their positions, 82 reducing their positions, and 20 closing their positions.
25% more first-time investments, than exits
New positions opened: 25 | Existing positions closed: 20
11% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 82
2% more funds holding
Funds holding: 240 → 244 (+4)
2% more capital invested
Capital invested by funds: $956M → $973M (+$17.4M)
0% more funds holding in top 10
Funds holding in top 10: 6 → 6 (0)
0.9% less ownership
Funds ownership: 55.35% → 54.45% (-0.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BEI
Benjamin Edwards Inc
Clayton,
Missouri
|
+$11.5M |
| 2 |
Morgan Stanley
New York
|
+$7.2M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$6.03M |
| 4 |
LPL Financial
San Diego,
California
|
+$4.38M |
| 5 |
AA
Advisory Alpha
Holland,
Michigan
|
+$3.73M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$8.01M |
| 2 |
JP Morgan Chase
New York
|
-$7.98M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.07M |
| 4 |
NW
NewEdge Wealth
Pittsburgh,
Pennsylvania
|
-$4.99M |
| 5 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
-$4.99M |
VRP Hedge Fund Activity: Q3 2024 in Review
244 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2024, worth a combined $973M — up 1.8% from $956M a quarter earlier.
Buyers outnumbered sellers: 25 funds opened new VRP positions and 20 closed out — a net gain of 5 holders — while 91 added to existing stakes and 82 trimmed.
The largest buyer was Benjamin Edwards Inc, adding an estimated $11.5M. The largest seller was Spectrum Asset Management (Connecticut), cutting an estimated $8.01M.
- 244 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2024, up from 240 in Q2 2024.
- Funds reported $973M of Invesco Variable Rate Preferred ETF stock for Q3 2024, up 1.8% quarter-over-quarter.
- 25 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2024 and 20 closed out, a net change of +5 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2024 was Benjamin Edwards Inc, an estimated $11.5M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2024 was Spectrum Asset Management (Connecticut), an estimated $8.01M sold.
Based on aggregated 13F filings for Q3 2024.