Invesco Variable Rate Preferred ETF
VRP
173 hedge funds and large institutions have $1.11B invested in Invesco Variable Rate Preferred ETF in 2018 Q3 according to their latest regulatory filings, with 23 funds opening new positions, 69 increasing their positions, 59 reducing their positions, and 20 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 69 | Existing positions reduced: 59
17% more funds holding in top 10
Funds holding in top 10: 6 → 7 (+1)
15% more first-time investments, than exits
New positions opened: 23 | Existing positions closed: 20
2% more funds holding
Funds holding: 170 → 173 (+3)
2% less capital invested
Capital invested by funds: $1.13B → $1.11B (-$18.9M)
2.73% less ownership
Funds ownership: 54.08% → 51.36% (-2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$21.3M |
| 2 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$9.54M |
| 3 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$6.19M |
| 4 |
NA
Nottingham Advisors
Amherst,
New York
|
+$5.09M |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$4.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFIA
Cantor Fitzgerald Investment Advisors
New York
|
-$37.5M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$11.1M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$8.71M |
| 4 |
DCM
DeGreen Capital Management
Scottsdale,
Arizona
|
-$6.97M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$6.29M |
VRP Hedge Fund Activity: Q3 2018 in Review
173 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2018, worth a combined $1.11B — down 1.7% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 23 funds opened new VRP positions and 20 closed out — a net gain of 3 holders — while 69 added to existing stakes and 59 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $21.3M. The largest seller was Cantor Fitzgerald Investment Advisors, cutting an estimated $37.5M.
- 173 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2018, up from 170 in Q2 2018.
- Funds reported $1.11B of Invesco Variable Rate Preferred ETF stock for Q3 2018, down 1.7% quarter-over-quarter.
- 23 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2018 and 20 closed out, a net change of +3 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2018 was Jane Street, an estimated $21.3M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2018 was Cantor Fitzgerald Investment Advisors, an estimated $37.5M sold.
Based on aggregated 13F filings for Q3 2018.