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Invesco Variable Rate Preferred ETF

229 hedge funds and large institutions have $957M invested in Invesco Variable Rate Preferred ETF in 2022 Q3 according to their latest regulatory filings, with 18 funds opening new positions, 84 increasing their positions, 95 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 1010 (0)

0.67% less ownership

Funds ownership: 54.12%53.45% (-0.67%)

2% less capital invested

Capital invested by funds: $977M → $957M (-$20.1M)

2% less funds holding

Funds holding: 233229 (-4)

10% less first-time investments, than exits

New positions opened: 18 | Existing positions closed: 20

12% less repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 95

Holders
229
Holders Change
-4
Holders Change %
-1.72%
% of All Funds
3.94%
Holding in Top 10
10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.17%
New
18
Increased
84
Reduced
95
Closed
20
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
$114M -$9.87M -431,683 -8%
Morgan Stanley
2
Morgan Stanley
New York
$93.7M +$8.39M +366,893 +9%
Wells Fargo
3
Wells Fargo
California
$64.2M -$2.86M -125,272 -4%
UBS Group
4
UBS Group
Switzerland
$56.1M +$655K +28,658 +1%
Osaic Holdings
5
Osaic Holdings
Arizona
$45.8M -$37.3K -1,630 -0.1%
JP Morgan Chase
6
JP Morgan Chase
New York
$41.7M -$1.16M -50,888 -3%
SI
7
Stephens Inc
Arkansas
$37.2M -$1.52M -66,615 -4%
ECM
8
Evergreen Capital Management
Washington
$22M -$453K -19,837 -2%
Rockefeller Capital Management
9
Rockefeller Capital Management
New York
$19M +$630K +27,567 +3%
AA
10
Advisory Alpha
Michigan
$18.5M +$18.2M +798,279 +1,753%
ACM
11
Advisors Capital Management
New Jersey
$16.7M +$3.37M +147,447 +25%
MGIA
12
Matthew Goff Investment Advisor
Texas
$15.5M -$36.5K -1,595 -0.2%
Jane Street
13
Jane Street
New York
$15.2M -$661K -28,904 -4%
LPL Financial
14
LPL Financial
California
$14.4M +$2.3M +100,491 +18%
Baird Financial Group
15
Baird Financial Group
Wisconsin
$13.7M -$576K -25,192 -4%
Envestnet Asset Management
16
Envestnet Asset Management
Illinois
$13.3M -$4.9M -214,581 -26%
Ameriprise
17
Ameriprise
Minnesota
$11.9M +$662K +28,962 +6%
Goldman Sachs
18
Goldman Sachs
New York
$11.3M +$1.31M +57,167 +12%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$10.4M -$3.97M -173,530 -27%
RJFSA
20
Raymond James Financial Services Advisors
Florida
$10.3M +$4.91M +214,656 +84%
FHA
21
First Horizon Advisors
Tennessee
$10M -$5.21M -228,073 -33%
WSTAM
22
Wilbanks Smith & Thomas Asset Management
Virginia
$8.62M +$923K +40,390 +11%
WT
23
Whittier Trust
California
$8.6M +$2.11M +92,357 +31%
WCA
24
Westover Capital Advisors
Delaware
$7.72M +$398K +17,413 +5%
PFPT
25
Pinnacle Financial Partners (Tennessee)
Tennessee
$7.71M +$8.05M +351,982 New

VRP Hedge Fund Activity: Q3 2022 in Review

229 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q3 2022, worth a combined $957M — down 2.1% from $977M a quarter earlier.

Sellers outnumbered buyers: 20 funds closed out of VRP and 18 opened new positions — a net loss of 2 holders — while 95 trimmed existing stakes and 84 added.

The largest buyer was Advisory Alpha, adding an estimated $18.2M. The largest seller was Bank of America, cutting an estimated $9.87M.

  • 229 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q3 2022, down from 233 in Q2 2022.
  • Funds reported $957M of Invesco Variable Rate Preferred ETF stock for Q3 2022, down 2.1% quarter-over-quarter.
  • 18 funds opened new Invesco Variable Rate Preferred ETF positions in Q3 2022 and 20 closed out, a net change of -2 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q3 2022 was Advisory Alpha, an estimated $18.2M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q3 2022 was Bank of America, an estimated $9.87M sold.

Based on aggregated 13F filings for Q3 2022.