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Invesco Variable Rate Preferred ETF

230 hedge funds and large institutions have $1.04B invested in Invesco Variable Rate Preferred ETF in 2021 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 98 increasing their positions, 60 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

255% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 11

63% more repeat investments, than reductions

Existing positions increased: 98 | Existing positions reduced: 60

11% more funds holding

Funds holding: 208230 (+22)

8% more capital invested

Capital invested by funds: $958M → $1.04B (+$81M)

1.46% more ownership

Funds ownership: 48.71%50.17% (+1.5%)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

Holders
230
Holders Change
+22
Holders Change %
+10.58%
% of All Funds
3.54%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
39
Increased
98
Reduced
60
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Bank of America
1
Bank of America
North Carolina
$155M +$8.13M +313,152 +6%
Morgan Stanley
2
Morgan Stanley
New York
$97.4M +$214K +8,239 +0.2%
Wells Fargo
3
Wells Fargo
California
$80.4M +$17.4M +669,592 +28%
UBS Group
4
UBS Group
Switzerland
$61.9M +$5.57M +214,602 +10%
SI
5
Stephens Inc
Arkansas
$44.7M +$640K +24,645 +1%
Invesco
6
Invesco
Georgia
$33.5M +$266K +10,229 +0.8%
ECM
7
Evergreen Capital Management
Washington
$28.5M +$5.49M +211,506 +24%
Jane Street
8
Jane Street
New York
$20.4M +$14.9M +573,377 +267%
AP
9
Atwood & Palmer
Missouri
$18.4M +$330K +12,708 +2%
Baird Financial Group
10
Baird Financial Group
Wisconsin
$17.9M -$261K -10,055 -1%
FHA
11
First Horizon Advisors
Tennessee
$16.2M +$227K +8,726 +1%
Goldman Sachs
12
Goldman Sachs
New York
$15.8M -$608K -23,414 -4%
1IA
13
1834 Investment Advisors
Wisconsin
$15.7M +$298K +11,476 +2%
Envestnet Asset Management
14
Envestnet Asset Management
Illinois
$14.1M -$4.03M -155,176 -22%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$13.7M -$807K -31,079 -6%
Osaic Holdings
16
Osaic Holdings
Arizona
$12.9M +$109K +4,195 +0.9%
Ameriprise
17
Ameriprise
Minnesota
$12.5M +$6.09M +234,754 +95%
LPL Financial
18
LPL Financial
California
$12.1M +$2M +77,028 +20%
RJFSA
19
Raymond James Financial Services Advisors
Florida
$11.9M -$2.05M -79,040 -15%
Mercer Global Advisors
20
Mercer Global Advisors
Colorado
$10.9M -$4.96M -191,017 -31%
CT
21
Coastline Trust
Rhode Island
$9.78M +$625K +24,075 +7%
Rockefeller Capital Management
22
Rockefeller Capital Management
New York
$9.27M +$343K +13,195 +4%
JP Morgan Chase
23
JP Morgan Chase
New York
$9.12M +$119K +4,572 +1%
BFO
24
Boston Family Office
Massachusetts
$8.7M -$69.7K -2,685 -0.8%
RJA
25
Raymond James & Associates
Florida
$8.34M -$4.87M -187,621 -37%

VRP Hedge Fund Activity: Q4 2021 in Review

230 of the 6,498 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2021, worth a combined $1.04B — up 8.5% from $958M a quarter earlier.

Buyers outnumbered sellers: 39 funds opened new VRP positions and 11 closed out — a net gain of 28 holders — while 98 added to existing stakes and 60 trimmed.

The largest buyer was Wells Fargo, adding an estimated $17.4M. The largest seller was Mercer Global Advisors, cutting an estimated $4.96M.

  • 230 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2021, up from 208 in Q3 2021.
  • Funds reported $1.04B of Invesco Variable Rate Preferred ETF stock for Q4 2021, up 8.5% quarter-over-quarter.
  • 39 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2021 and 11 closed out, a net change of +28 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q4 2021 was Wells Fargo, an estimated $17.4M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q4 2021 was Mercer Global Advisors, an estimated $4.96M sold.

Based on aggregated 13F filings for Q4 2021.