Invesco Variable Rate Preferred ETF
161 hedge funds and large institutions have $626M invested in Invesco Variable Rate Preferred ETF in 2019 Q3 according to their latest regulatory filings, with 19 funds opening new positions, 63 increasing their positions, 50 reducing their positions, and 16 closing their positions.
26% more repeat investments, than reductions
Existing positions increased: 63 | Existing positions reduced: 50
19% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 16
6% more capital invested
Capital invested by funds: $590M → $626M (+$36.5M)
1.42% more ownership
Funds ownership: 39.24% → 40.66% (+1.4%)
1% more funds holding
Funds holding: 159 → 161 (+2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$10M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$6.65M |
| 3 |
TC
Trilogy Capital
Irvine,
California
|
+$6.45M |
| 4 |
OIA
OneDigital Investment Advisors
Overland Park,
Kansas
|
+$3.89M |
| 5 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$2.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$12.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$4.13M |
| 3 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$2.82M |
| 4 |
Invesco
Atlanta,
Georgia
|
-$2.47M |
| 5 |
GSWM
Golden State Wealth Management
Santa Ana,
California
|
-$1.77M |
VRP Hedge Fund Activity: Q3 2019 in Review
161 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2019, worth a combined $626M — up 6.2% from $590M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new VRP positions and 16 closed out — a net gain of 3 holders — while 63 added to existing stakes and 50 trimmed.
The largest buyer was Jane Street, adding an estimated $10M. The largest seller was MD Financial Management, cutting an estimated $12.9M.
- 161 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2019, up from 159 in Q2 2019.
- Funds reported $626M of Invesco Variable Rate Preferred ETF stock for Q3 2019, up 6.2% quarter-over-quarter.
- 19 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2019 and 16 closed out, a net change of +3 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2019 was Jane Street, an estimated $10M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2019 was MD Financial Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q3 2019.