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Invesco Variable Rate Preferred ETF

19 hedge funds and large institutions have $36.7M invested in Invesco Variable Rate Preferred ETF in 2014 Q3 according to their latest regulatory filings, with 13 funds opening new positions, 6 increasing their positions, reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

514% more capital invested

Capital invested by funds: $5.99M → $36.7M (+$30.7M)

217% more funds holding

Funds holding: 619 (+13)

12.44% more ownership

Funds ownership: 33.74%46.17% (+12%)

Holders
19
Holders Change
+13
Holders Change %
+216.67%
% of All Funds
0.55%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
13
Increased
6
Reduced
Closed
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
EMA
1
Efficient Market Advisors
California
$14.1M +$14.2M +566,105 New
BCI
2
Brinker Capital Investments
Pennsylvania
$5.69M +$5.76M +228,903 New
Morgan Stanley
3
Morgan Stanley
New York
$5.64M +$5.71M +226,894 New
ECM
4
Evergreen Capital Management
Washington
$3.22M +$141K +5,590 +5%
HighTower Advisors
5
HighTower Advisors
Illinois
$2.14M +$157K +6,238 +8%
Bank of America
6
Bank of America
North Carolina
$1.31M +$1.06M +42,287 +402%
DADC
7
D.A. Davidson & Co
Montana
$835K +$845K +33,608 New
Royal Bank of Canada
8
Royal Bank of Canada
Ontario, Canada
$774K +$779K +30,959 +20,639%
Jane Street
9
Jane Street
New York
$629K +$637K +25,309 New
LPL Financial
10
LPL Financial
California
$572K +$70.3K +2,794 +14%
LTFS
11
Ladenburg Thalmann Financial Services
Florida
$472K +$478K +19,003 New
JP Morgan Chase
12
JP Morgan Chase
New York
$386K +$391K +15,524 New
Envestnet Asset Management
13
Envestnet Asset Management
Illinois
$341K +$345K +13,700 New
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$341K +$345K +13,722 New
OC
15
Oppenheimer & Co
New York
$211K +$214K +8,500 New
NES
16
New England Securities
New York
$67K +$34K +1,350 +100%
AIG
17
American International Group
New York
$11.8K +$11.9K +475 New
PAG
18
Private Advisor Group
New Jersey
$6K +$6.01K +239 New
Ameriprise
19
Ameriprise
Minnesota
$4K +$3.98K +158 New

VRP Hedge Fund Activity: Q3 2014 in Review

19 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2014, worth a combined $36.7M — up 514% from $5.99M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new VRP positions and 0 closed out — a net gain of 13 holders — while 6 added to existing stakes and 0 trimmed.

The largest buyer was Efficient Market Advisors, opening a new position worth an estimated $14.2M.

  • 19 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2014, up from 6 in Q2 2014.
  • Funds reported $36.7M of Invesco Variable Rate Preferred ETF stock for Q3 2014, up 514% quarter-over-quarter.
  • 13 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2014 and 0 closed out, a net change of +13 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q3 2014 was Efficient Market Advisors, an estimated $14.2M added.

Based on aggregated 13F filings for Q3 2014.