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Invesco Variable Rate Preferred ETF

233 hedge funds and large institutions have $977M invested in Invesco Variable Rate Preferred ETF in 2022 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 82 increasing their positions, 93 reducing their positions, and 23 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more funds holding in top 10

Funds holding in top 10: 510 (+5)

1.13% more ownership

Funds ownership: 53%54.12% (+1.1%)

9% less first-time investments, than exits

New positions opened: 21 | Existing positions closed: 23

2% less funds holding

Funds holding: 237233 (-4)

9% less capital invested

Capital invested by funds: $1.08B → $977M (-$101M)

12% less repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 93

Holders
233
Holders Change
-4
Holders Change %
-1.69%
% of All Funds
3.93%
Holding in Top 10
10
Holding in Top 10 Change
+5
Holding in Top 10 Change %
+100%
% of All Funds
0.17%
New
21
Increased
82
Reduced
93
Closed
23
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
$125M -$13M -560,489 -9%
Morgan Stanley
2
Morgan Stanley
New York
$86.8M -$23.3M -1,001,378 -20%
Wells Fargo
3
Wells Fargo
California
$67.8M +$3.31M +142,479 +5%
UBS Group
4
UBS Group
Switzerland
$56.2M -$102K -4,373 -0.2%
Osaic Holdings
5
Osaic Holdings
Arizona
$46.5M +$1.74M +74,952 +4%
JP Morgan Chase
6
JP Morgan Chase
New York
$43.4M +$36.4M +1,564,074 +401%
SI
7
Stephens Inc
Arkansas
$39.2M -$6.4M -275,066 -13%
ECM
8
Evergreen Capital Management
Washington
$22.7M -$1.45M -62,547 -6%
Rockefeller Capital Management
9
Rockefeller Capital Management
New York
$18.6M +$1.6M +68,698 +9%
Envestnet Asset Management
10
Envestnet Asset Management
Illinois
$18.2M +$74.4K +3,198 +0.4%
Jane Street
11
Jane Street
New York
$16.1M +$15.2M +653,447 +935%
MGIA
12
Matthew Goff Investment Advisor
Texas
$15.8M -$18.2K -783 -0.1%
FHA
13
First Horizon Advisors
Tennessee
$15.2M +$15.9M +684,721 New
AWM
14
Altium Wealth Management
New York
$14.8M +$3.98M +171,229 +34%
Royal Bank of Canada
15
Royal Bank of Canada
Ontario, Canada
$14.4M -$238K -10,245 -2%
Baird Financial Group
16
Baird Financial Group
Wisconsin
$14.4M -$981K -42,186 -6%
AP
17
Atwood & Palmer
Missouri
$14.1M -$1.67M -71,677 -10%
ACM
18
Advisors Capital Management
New Jersey
$13.3M +$7.1M +305,409 +105%
1IA
19
1834 Investment Advisors
Wisconsin
$13.2M -$156K -6,717 -1%
LPL Financial
20
LPL Financial
California
$12.3M +$94.2K +4,051 +0.7%
Ameriprise
21
Ameriprise
Minnesota
$11.3M -$1.45M -62,365 -11%
Goldman Sachs
22
Goldman Sachs
New York
$10.2M -$1.91M -82,352 -15%
WSTAM
23
Wilbanks Smith & Thomas Asset Management
Virginia
$7.84M +$918K +39,498 +13%
BFO
24
Boston Family Office
Massachusetts
$7.64M +$96.7K +4,157 +1%
WCA
25
Westover Capital Advisors
Delaware
$7.44M +$5.92M +254,631 +316%

VRP Hedge Fund Activity: Q2 2022 in Review

233 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2022, worth a combined $977M — down 9.4% from $1.08B a quarter earlier.

Sellers outnumbered buyers: 23 funds closed out of VRP and 21 opened new positions — a net loss of 2 holders — while 93 trimmed existing stakes and 82 added.

The largest buyer was JP Morgan Chase, adding an estimated $36.4M. The largest seller was Morgan Stanley, cutting an estimated $23.3M.

  • 233 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2022, down from 237 in Q1 2022.
  • Funds reported $977M of Invesco Variable Rate Preferred ETF stock for Q2 2022, down 9.4% quarter-over-quarter.
  • 21 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2022 and 23 closed out, a net change of -2 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q2 2022 was JP Morgan Chase, an estimated $36.4M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q2 2022 was Morgan Stanley, an estimated $23.3M sold.

Based on aggregated 13F filings for Q2 2022.