Invesco Variable Rate Preferred ETF
188 hedge funds and large institutions have $748M invested in Invesco Variable Rate Preferred ETF in 2021 Q1 according to their latest regulatory filings, with 32 funds opening new positions, 79 increasing their positions, 55 reducing their positions, and 16 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 32 | Existing positions closed: 16
44% more repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 55
8% more funds holding
Funds holding: 174 → 188 (+14)
1% less capital invested
Capital invested by funds: $754M → $748M (-$5.2M)
0.71% less ownership
Funds ownership: 49.41% → 48.7% (-0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$16.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$10.5M |
| 3 |
Barclays
London,
United Kingdom
|
+$8.71M |
| 4 |
Rockefeller Capital Management
New York
|
+$7.63M |
| 5 |
Baird Financial Group
Milwaukee,
Wisconsin
|
+$6.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab
San Francisco,
California
|
-$88M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$5.65M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$3.57M |
| 4 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
-$3.12M |
| 5 |
Mercer Global Advisors
Denver,
Colorado
|
-$2.33M |
VRP Hedge Fund Activity: Q1 2021 in Review
188 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2021, worth a combined $748M — down 0.69% from $754M a quarter earlier.
Buyers outnumbered sellers: 32 funds opened new VRP positions and 16 closed out — a net gain of 16 holders — while 79 added to existing stakes and 55 trimmed.
The largest buyer was Bank of America, adding an estimated $16.7M. The largest seller was Charles Schwab, exiting entirely with an estimated $88M sold.
- 188 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2021, up from 174 in Q4 2020.
- Funds reported $748M of Invesco Variable Rate Preferred ETF stock for Q1 2021, down 0.69% quarter-over-quarter.
- 32 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2021 and 16 closed out, a net change of +16 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q1 2021 was Bank of America, an estimated $16.7M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q1 2021 was Charles Schwab, an estimated $88M sold.
Based on aggregated 13F filings for Q1 2021.