Invesco Variable Rate Preferred ETF
170 hedge funds and large institutions have $1.13B invested in Invesco Variable Rate Preferred ETF in 2018 Q2 according to their latest regulatory filings, with 27 funds opening new positions, 61 increasing their positions, 57 reducing their positions, and 18 closing their positions.
50% more first-time investments, than exits
New positions opened: 27 | Existing positions closed: 18
7% more capital invested
Capital invested by funds: $1.05B → $1.13B (+$74.6M)
4% more funds holding
Funds holding: 164 → 170 (+6)
3.66% more ownership
Funds ownership: 50.42% → 54.08% (+3.7%)
7% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 57
14% less funds holding in top 10
Funds holding in top 10: 7 → 6 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$317M |
| 2 |
AA
Advisory Alpha
Holland,
Michigan
|
+$10.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$5.73M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$4.3M |
| 5 |
SCA
Snowden Capital Advisors
New York
|
+$3.06M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$15.1M |
| 2 |
Morgan Stanley
New York
|
-$9.71M |
| 3 |
WMG
WESCAP Management Group
Glendale,
California
|
-$4.25M |
| 4 |
Jane Street
New York
|
-$3.85M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$3.83M |
VRP Hedge Fund Activity: Q2 2018 in Review
170 of the 4,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2018, worth a combined $1.13B — up 7.1% from $1.05B a quarter earlier.
Buyers outnumbered sellers: 27 funds opened new VRP positions and 18 closed out — a net gain of 9 holders — while 61 added to existing stakes and 57 trimmed.
The largest buyer was Charles Schwab Investment Advisory, opening a new position worth an estimated $317M. The largest seller was WBI Investments, exiting entirely with an estimated $15.1M sold.
- 170 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2018, up from 164 in Q1 2018.
- Funds reported $1.13B of Invesco Variable Rate Preferred ETF stock for Q2 2018, up 7.1% quarter-over-quarter.
- 27 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2018 and 18 closed out, a net change of +9 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2018 was Charles Schwab Investment Advisory, an estimated $317M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2018 was WBI Investments, an estimated $15.1M sold.
Based on aggregated 13F filings for Q2 2018.