Invesco Variable Rate Preferred ETF
242 hedge funds and large institutions have $957M invested in Invesco Variable Rate Preferred ETF in 2024 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 91 increasing their positions, 89 reducing their positions, and 11 closing their positions.
82% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 11
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
9% more capital invested
Capital invested by funds: $876M → $957M (+$81M)
2% more funds holding
Funds holding: 238 → 242 (+4)
2% more repeat investments, than reductions
Existing positions increased: 91 | Existing positions reduced: 89
0.8% more ownership
Funds ownership: 54.62% → 55.42% (+0.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$39.7M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$15.8M |
| 3 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$7.62M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$4.98M |
| 5 |
MWM
Meridian Wealth Management
Lexington,
Kentucky
|
+$4.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$11M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$10.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$6.21M |
| 4 |
AI
Atria Investments
Charlotte,
North Carolina
|
-$2.68M |
| 5 |
BFO
Boston Family Office
Boston,
Massachusetts
|
-$2.36M |
VRP Hedge Fund Activity: Q2 2024 in Review
242 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2024, worth a combined $957M — up 9.2% from $876M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new VRP positions and 11 closed out — a net gain of 9 holders — while 91 added to existing stakes and 89 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $39.7M. The largest seller was UBS Group, cutting an estimated $11M.
- 242 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2024, up from 238 in Q1 2024.
- Funds reported $957M of Invesco Variable Rate Preferred ETF stock for Q2 2024, up 9.2% quarter-over-quarter.
- 20 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2024 and 11 closed out, a net change of +9 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2024 was Morgan Stanley, an estimated $39.7M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2024 was UBS Group, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2024.