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Invesco Variable Rate Preferred ETF

206 hedge funds and large institutions have $875M invested in Invesco Variable Rate Preferred ETF in 2021 Q2 according to their latest regulatory filings, with 29 funds opening new positions, 110 increasing their positions, 39 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

190% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 10

182% more repeat investments, than reductions

Existing positions increased: 110 | Existing positions reduced: 39

100% more funds holding in top 10

Funds holding in top 10: 24 (+2)

17% more capital invested

Capital invested by funds: $748M → $875M (+$126M)

10% more funds holding

Funds holding: 188206 (+18)

0.49% more ownership

Funds ownership: 48.7%49.19% (+0.49%)

Holders
206
Holders Change
+18
Holders Change %
+9.57%
% of All Funds
3.59%
Holding in Top 10
4
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+100%
% of All Funds
0.07%
New
29
Increased
110
Reduced
39
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AWM
126
AE Wealth Management
Kansas
$598K -$1.47M -56,153 -71%
DP
127
Dearborn Partners
Illinois
$598K +$8K +306 +1%
AWA
128
Arkadios Wealth Advisors
Georgia
$593K +$590K +22,577 New
CAL
129
Capital Advisors Ltd
Ohio
$551K -$58.2K -2,227 -10%
Fifth Third Bancorp
130
Fifth Third Bancorp
Ohio
$526K
OMC
131
Old Mission Capital
Illinois
$520K +$517K +19,789 New
BRWA
132
B. Riley Wealth Advisors
Florida
$497K +$94.7K +3,623 +24%
TCA
133
Transcend Capital Advisors
New Jersey
$495K
Stifel Financial
134
Stifel Financial
Missouri
$493K -$231K -8,823 -32%
FM
135
Family Management
New York
$476K
BEI
136
Benjamin Edwards Inc
Missouri
$472K -$2.82K -108 -0.6%
KFS
137
Kelly Financial Services
Massachusetts
$471K +$323K +12,378 New
LOPW
138
Live Oak Private Wealth
North Carolina
$459K +$523 +20 +0.1%
ACA
139
Anchor Capital Advisors
Massachusetts
$456K
AIC
140
Archer Investment Corporation
Indiana
$447K
Bank of Montreal
141
Bank of Montreal
Ontario, Canada
$446K +$364K +13,946 +465%
SPC
142
Sigma Planning Corp
Michigan
$428K +$9.51K +364 +2%
FT
143
Fiduciary Trust
Massachusetts
$409K -$44.4K -1,700 -10%
US Bancorp
144
US Bancorp
Minnesota
$388K +$354K +13,530 +1,100%
KA
145
Kovack Advisors
Florida
$361K +$56.8K +2,175 +19%
PNC Financial Services Group
146
PNC Financial Services Group
Pennsylvania
$346K -$188K -7,191 -35%
P
147
&Partners
Tennessee
$345K -$30.8K -1,177 -8%
N
148
Natixis
France
$333K +$2.19K +84 +0.7%
AWM
149
AllSquare Wealth Management
New York
$329K +$20.9K +800 +7%
BAM
150
Belpointe Asset Management
Nevada
$320K -$6.69K -256 -2%

VRP Hedge Fund Activity: Q2 2021 in Review

206 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2021, worth a combined $875M — up 17% from $748M a quarter earlier.

Buyers outnumbered sellers: 29 funds opened new VRP positions and 10 closed out — a net gain of 19 holders — while 110 added to existing stakes and 39 trimmed.

The largest buyer was Bank of America, adding an estimated $24.9M. The largest seller was Goldman Sachs, cutting an estimated $13.5M.

  • 206 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2021, up from 188 in Q1 2021.
  • Funds reported $875M of Invesco Variable Rate Preferred ETF stock for Q2 2021, up 17% quarter-over-quarter.
  • 29 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2021 and 10 closed out, a net change of +19 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q2 2021 was Bank of America, an estimated $24.9M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q2 2021 was Goldman Sachs, an estimated $13.5M sold.

Based on aggregated 13F filings for Q2 2021.