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Invesco Variable Rate Preferred ETF

237 hedge funds and large institutions have $875M invested in Invesco Variable Rate Preferred ETF in 2024 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 79 increasing their positions, 91 reducing their positions, and 24 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more first-time investments, than exits

New positions opened: 32 | Existing positions closed: 24

3% more funds holding

Funds holding: 230237 (+7)

4% less capital invested

Capital invested by funds: $908M → $875M (-$32.7M)

6.46% less ownership

Funds ownership: 61.02%54.56% (-6.5%)

13% less repeat investments, than reductions

Existing positions increased: 79 | Existing positions reduced: 91

20% less funds holding in top 10

Funds holding in top 10: 54 (-1)

Holders
237
Holders Change
+7
Holders Change %
+3.04%
% of All Funds
3.41%
Holding in Top 10
4
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-20%
% of All Funds
0.06%
New
32
Increased
79
Reduced
91
Closed
24
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Corient Private Wealth
101
Corient Private Wealth
Florida
$977K -$137K -5,832 -12%
PP
102
Prudential plc
United Kingdom
$963K
KC
103
Kades & Cheifetz
Pennsylvania
$950K -$61.8K -2,634 -6%
CHAM
104
Clear Harbor Asset Management
Connecticut
$884K -$62.6K -2,665 -7%
I
105
INVST
Indiana
$878K -$151K -6,446 -15%
Thrivent Financial for Lutherans
106
Thrivent Financial for Lutherans
Minnesota
$869K +$376K +16,024 +78%
GFG
107
Goldstone Financial Group
Illinois
$856K -$129K -5,492 -13%
1IA
108
1834 Investment Advisors
Wisconsin
$849K -$1.83M -78,136 -69%
PP
109
Patten & Patten
Tennessee
$830K +$820K +34,911 New
OA
110
Operose Advisors
Wisconsin
$830K +$819K +34,900 New
SFS
111
Sowell Financial Services
Arkansas
$825K +$9.96K +424 +1%
DADC
112
D.A. Davidson & Co
Montana
$811K +$3.31K +141 +0.4%
ONB
113
Old National Bancorp
Indiana
$810K
VRM
114
Vectors Research Management
New York
$804K -$34K -1,448 -4%
CC
115
Courier Capital
New York
$792K -$21.3K -907 -3%
AFC
116
AFT Forsyth & Company
Florida
$786K -$7.61K -324 -1%
PHS
117
Pekin Hardy Strauss
Illinois
$775K -$35.2K -1,500 -4%
MOS
118
MGO One Seven
Ohio
$774K +$21.9K +931 +3%
CA
119
Cetera Advisors
Colorado
$754K +$745K +31,723 New
AWS
120
Atria Wealth Solutions
New York
$747K +$284K +12,083 +63%
EWA
121
Etesian Wealth Advisors
Oregon
$743K -$3.1K -132 -0.4%
JWCA
122
J.W. Coons Advisors
Ohio
$713K +$36.4K +1,550 +5%
FHA
123
First Horizon Advisors
Tennessee
$699K -$243K -10,331 -26%
OC
124
Oppenheimer & Co
New York
$695K +$33.3K +1,418 +5%
RW
125
RVW Wealth
California
$676K -$30.2K -1,285 -4%

VRP Hedge Fund Activity: Q1 2024 in Review

237 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2024, worth a combined $875M — down 3.6% from $908M a quarter earlier.

Buyers outnumbered sellers: 32 funds opened new VRP positions and 24 closed out — a net gain of 8 holders — while 79 added to existing stakes and 91 trimmed.

The largest buyer was Royal Bank of Canada, adding an estimated $8.68M. The largest seller was Morgan Stanley, cutting an estimated $89M.

  • 237 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2024, up from 230 in Q4 2023.
  • Funds reported $875M of Invesco Variable Rate Preferred ETF stock for Q1 2024, down 3.6% quarter-over-quarter.
  • 32 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2024 and 24 closed out, a net change of +8 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q1 2024 was Royal Bank of Canada, an estimated $8.68M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q1 2024 was Morgan Stanley, an estimated $89M sold.

Based on aggregated 13F filings for Q1 2024.