Invesco Variable Rate Preferred ETF
VRP
163 hedge funds and large institutions have $691M invested in Invesco Variable Rate Preferred ETF in 2020 Q3 according to their latest regulatory filings, with 20 funds opening new positions, 52 increasing their positions, 65 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
18% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 17
9% more capital invested
Capital invested by funds: $636M → $691M (+$55M)
1.62% more ownership
Funds ownership: 46.64% → 48.25% (+1.6%)
1% more funds holding
Funds holding: 161 → 163 (+2)
20% less repeat investments, than reductions
Existing positions increased: 52 | Existing positions reduced: 65
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
+$19.3M |
| 2 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$9.43M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$4.13M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$3.5M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$3.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$9.88M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$9.42M |
| 3 |
Charles Schwab
San Francisco,
California
|
-$2.18M |
| 4 |
TA
TCG Advisors
Austin,
Texas
|
-$2.07M |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$1.78M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
176
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$43K | -1,818 | Closed |
|
|
CAAS
177
Capital Asset Advisory Services
Williamston,
Michigan
| – | -$25K | -1,000 | Closed |
|
|
HI
178
Hudock Inc
Williamsport,
Pennsylvania
| – | -$2K | -121 | Closed |
|
|
MA
179
MCF Advisors
Covington,
Kentucky
| – | -$3K | -110 | Closed |
|
VRP Hedge Fund Activity: Q3 2020 in Review
163 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2020, worth a combined $691M — up 8.6% from $636M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VRP positions and 17 closed out — a net gain of 3 holders — while 52 added to existing stakes and 65 trimmed.
The largest buyer was Evergreen Capital Management, opening a new position worth an estimated $19.3M. The largest seller was Invesco, cutting an estimated $9.88M.
- 163 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2020, up from 161 in Q2 2020.
- Funds reported $691M of Invesco Variable Rate Preferred ETF stock for Q3 2020, up 8.6% quarter-over-quarter.
- 20 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2020 and 17 closed out, a net change of +3 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2020 was Evergreen Capital Management, an estimated $19.3M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2020 was Invesco, an estimated $9.88M sold.
Based on aggregated 13F filings for Q3 2020.