Invesco Variable Rate Preferred ETF
158 hedge funds and large institutions have $907M invested in Invesco Variable Rate Preferred ETF in 2017 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 75 increasing their positions, 27 reducing their positions, and 10 closing their positions.
290% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 10
178% more repeat investments, than reductions
Existing positions increased: 75 | Existing positions reduced: 27
22% more funds holding
Funds holding: 129 → 158 (+29)
4% more capital invested
Capital invested by funds: $875M → $907M (+$31.9M)
0.3% less ownership
Funds ownership: 47.15% → 46.84% (-0.3%)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
+$5.77M |
| 2 |
Morgan Stanley
New York
|
+$5.68M |
| 3 |
SBWM
Sunflower Bank Wealth Management
Scottsdale,
Arizona
|
+$5.29M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$4.98M |
| 5 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$4.17M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AA
Advisory Alpha
Holland,
Michigan
|
-$8.92M |
| 2 |
Jane Street
New York
|
-$6.99M |
| 3 |
CAI
Capital Advisors Inc
Tulsa,
Oklahoma
|
-$3.03M |
| 4 |
VF
Virtu Financial
New York
|
-$2.88M |
| 5 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
-$2.1M |
VRP Hedge Fund Activity: Q4 2017 in Review
158 of the 4,419 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2017, worth a combined $907M — up 3.6% from $875M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new VRP positions and 10 closed out — a net gain of 29 holders — while 75 added to existing stakes and 27 trimmed.
The largest buyer was AlphaStar Capital Management, opening a new position worth an estimated $5.77M. The largest seller was Advisory Alpha, exiting entirely with an estimated $8.92M sold.
- 158 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2017, up from 129 in Q3 2017.
- Funds reported $907M of Invesco Variable Rate Preferred ETF stock for Q4 2017, up 3.6% quarter-over-quarter.
- 39 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2017 and 10 closed out, a net change of +29 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2017 was AlphaStar Capital Management, an estimated $5.77M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2017 was Advisory Alpha, an estimated $8.92M sold.
Based on aggregated 13F filings for Q4 2017.