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Invesco Variable Rate Preferred ETF

220 hedge funds and large institutions have $810M invested in Invesco Variable Rate Preferred ETF in 2023 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 61 increasing their positions, 99 reducing their positions, and 22 closing their positions.

New
Increased
Maintained
Reduced
Closed

18% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 22

1% more funds holding

Funds holding: 218220 (+2)

0.45% less ownership

Funds ownership: 54.44%53.99% (-0.45%)

7% less capital invested

Capital invested by funds: $866M → $810M (-$56.4M)

25% less funds holding in top 10

Funds holding in top 10: 86 (-2)

38% less repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 99

Holders
220
Holders Change
+2
Holders Change %
+0.92%
% of All Funds
3.45%
Holding in Top 10
6
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-25%
% of All Funds
0.09%
New
26
Increased
61
Reduced
99
Closed
22
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
DI
201
Disciplined Investments
Oklahoma
$23.9K +$155 +7 +0.7%
NFSG
202
Newbridge Financial Services Group
Florida
$21.4K
TSWM
203
Tyler-Stone Wealth Management
Ohio
$20K +$19.9K +900 New
CT
204
Colonial Trust
South Carolina
$19.6K
ME
205
McIlrath & Eck
Washington
$17.8K
PA
206
Parallel Advisors
California
$17.2K
GRP
207
Global Retirement Partners
California
$16K +$177 +8 +1%
NRG
208
Nemes Rush Group
Michigan
$13.3K +$13.3K +600 New
FP
209
Financial Perspectives
Minnesota
$11.2K
RFA
210
Register Financial Advisors
Georgia
$5.79K
TRCT
211
Tower Research Capital (TRC)
New York
$4.98K -$110 -5 -2%
AF
212
Allworth Financial
California
$4.45K +$4.42K +200 New
FBC
213
Fairfield, Bush & Co
Connecticut
$4.45K +$4.42K +200 New
CAS
214
Coppell Advisory Solutions
Texas
$4.01K +$4K +181 New
CFGS
215
Concourse Financial Group Securities
Alabama
$3.34K
FA
216
Fiduciary Alliance
South Carolina
$2.98K +$2.96K +134 New
GI
217
Gradient Investments
Minnesota
$2.78K
AWA
218
Artemis Wealth Advisors
New York
$676
Comerica Bank
219
Comerica Bank
Texas
$234 +$36K +1,632 New
Fidelity Investments
220
Fidelity Investments
Massachusetts
$22
WCA
221
Westover Capital Advisors
Delaware
-$8.04M -362,836 Closed
TLP
222
Trinity Legacy Partners
Texas
-$4.01M -180,824 Closed
FIA
223
Foundations Investment Advisors
Arizona
-$1.94M -87,661 Closed
AAS
224
Ameritas Advisory Services
Nebraska
-$1.21M -54,076 Closed
ECM
225
Evergreen Capital Management
Washington
-$1.07M -48,523 Closed

VRP Hedge Fund Activity: Q2 2023 in Review

220 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2023, worth a combined $810M — down 6.5% from $866M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new VRP positions and 22 closed out — a net gain of 4 holders — while 61 added to existing stakes and 99 trimmed.

The largest buyer was Jane Street, adding an estimated $37.3M. The largest seller was JP Morgan Chase, cutting an estimated $47.9M.

  • 220 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2023, up from 218 in Q1 2023.
  • Funds reported $810M of Invesco Variable Rate Preferred ETF stock for Q2 2023, down 6.5% quarter-over-quarter.
  • 26 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2023 and 22 closed out, a net change of +4 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q2 2023 was Jane Street, an estimated $37.3M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q2 2023 was JP Morgan Chase, an estimated $47.9M sold.

Based on aggregated 13F filings for Q2 2023.