Invesco Variable Rate Preferred ETF
208 hedge funds and large institutions have $958M invested in Invesco Variable Rate Preferred ETF in 2021 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 109 increasing their positions, 49 reducing their positions, and 12 closing their positions.
122% more repeat investments, than reductions
Existing positions increased: 109 | Existing positions reduced: 49
25% more funds holding in top 10
Funds holding in top 10: 4 → 5 (+1)
25% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 12
10% more capital invested
Capital invested by funds: $874M → $958M (+$83.7M)
1% more funds holding
Funds holding: 206 → 208 (+2)
0.46% less ownership
Funds ownership: 49.17% → 48.71% (-0.46%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$19.1M |
| 2 |
Mercer Global Advisors
Denver,
Colorado
|
+$16.2M |
| 3 |
Morgan Stanley
New York
|
+$15.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.1M |
| 5 |
Jane Street
New York
|
+$5.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFM
MD Financial Management
Ottawa,
Ontario, Canada
|
-$7.73M |
| 2 |
Renaissance Technologies
New York
|
-$4.85M |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$4.8M |
| 4 |
Citigroup
New York
|
-$3.92M |
| 5 |
Barclays
London,
United Kingdom
|
-$3.13M |
VRP Hedge Fund Activity: Q3 2021 in Review
208 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2021, worth a combined $958M — up 9.6% from $874M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new VRP positions and 12 closed out — a net gain of 3 holders — while 109 added to existing stakes and 49 trimmed.
The largest buyer was Bank of America, adding an estimated $19.1M. The largest seller was MD Financial Management, cutting an estimated $7.73M.
- 208 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2021, up from 206 in Q2 2021.
- Funds reported $958M of Invesco Variable Rate Preferred ETF stock for Q3 2021, up 9.6% quarter-over-quarter.
- 15 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2021 and 12 closed out, a net change of +3 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q3 2021 was Bank of America, an estimated $19.1M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q3 2021 was MD Financial Management, an estimated $7.73M sold.
Based on aggregated 13F filings for Q3 2021.