Invesco Variable Rate Preferred ETF
245 hedge funds and large institutions have $1.05B invested in Invesco Variable Rate Preferred ETF in 2024 Q4 according to their latest regulatory filings, with 24 funds opening new positions, 104 increasing their positions, 79 reducing their positions, and 19 closing their positions.
32% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 79
26% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 19
8% more capital invested
Capital invested by funds: $974M → $1.05B (+$75.6M)
1.65% more ownership
Funds ownership: 54.51% → 56.16% (+1.6%)
0% more funds holding
Funds holding: 245 → 245 (0)
50% less funds holding in top 10
Funds holding in top 10: 6 → 3 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
+$19.6M |
| 2 |
LPL Financial
San Diego,
California
|
+$16.6M |
| 3 |
Morgan Stanley
New York
|
+$16.5M |
| 4 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$8.58M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$7.52M |
| 2 |
JP Morgan Chase
New York
|
-$4.53M |
| 3 |
Prudential Financial
Newark,
New Jersey
|
-$2.78M |
| 4 |
Jane Street
New York
|
-$2.21M |
| 5 |
TWM
Tradition Wealth Management
Edina,
Minnesota
|
-$2.12M |
VRP Hedge Fund Activity: Q4 2024 in Review
245 of the 7,606 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q4 2024, worth a combined $1.05B — up 7.8% from $974M a quarter earlier.
Buyers outnumbered sellers: 24 funds opened new VRP positions and 19 closed out — a net gain of 5 holders — while 104 added to existing stakes and 79 trimmed.
The largest buyer was Spectrum Asset Management (Connecticut), adding an estimated $19.6M. The largest seller was Renaissance Technologies, cutting an estimated $7.52M.
- 245 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q4 2024, unchanged from Q3 2024.
- Funds reported $1.05B of Invesco Variable Rate Preferred ETF stock for Q4 2024, up 7.8% quarter-over-quarter.
- 24 funds opened new Invesco Variable Rate Preferred ETF positions in Q4 2024 and 19 closed out, a net change of +5 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q4 2024 was Spectrum Asset Management (Connecticut), an estimated $19.6M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q4 2024 was Renaissance Technologies, an estimated $7.52M sold.
Based on aggregated 13F filings for Q4 2024.