We are live on ! Find out more
VRP icon

Invesco Variable Rate Preferred ETF

245 hedge funds and large institutions have $1.13B invested in Invesco Variable Rate Preferred ETF in 2025 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 90 increasing their positions, 89 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more funds holding in top 10

Funds holding in top 10: 35 (+2)

40% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 15

1% more repeat investments, than reductions

Existing positions increased: 90 | Existing positions reduced: 89

1% more funds holding

Funds holding: 243245 (+2)

0.86% less ownership

Funds ownership: 55.94%55.09% (-0.86%)

11% less capital invested

Capital invested by funds: $1.27B → $1.13B (-$139M)

Holders
245
Holders Change
+2
Holders Change %
+0.82%
% of All Funds
3.28%
Holding in Top 10
5
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+66.67%
% of All Funds
0.07%
New
21
Increased
90
Reduced
89
Closed
15
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$207M +$25.2M +1,035,316 +14%
Bank of America
2
Bank of America
North Carolina
$185M +$83.2M +3,421,753 +81%
Wells Fargo
3
Wells Fargo
California
$61.6M +$1.71M +70,209 +3%
UBS Group
4
UBS Group
Switzerland
$57.1M -$4.39M -180,329 -7%
LPL Financial
5
LPL Financial
California
$55.1M +$4.22M +173,408 +8%
SI
6
Stephens Inc
Arkansas
$33.4M -$1.31M -53,841 -4%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$31.8M +$3.74M +153,679 +13%
ACM
8
Advisors Capital Management
New Jersey
$26.9M +$2.14M +88,017 +9%
HighTower Advisors
9
HighTower Advisors
Illinois
$24.7M +$1.65M +67,741 +7%
JP Morgan Chase
10
JP Morgan Chase
New York
$21.9M +$17.5M +718,716 +389%
MGIA
11
Matthew Goff Investment Advisor
Texas
$15.6M -$205K -8,447 -1%
Osaic Holdings
12
Osaic Holdings
Arizona
$15.2M +$4.02M +165,067 +36%
BEI
13
Benjamin Edwards Inc
Missouri
$14.1M +$455K +18,717 +3%
Ameriprise
14
Ameriprise
Minnesota
$14.1M +$3.64M +149,693 +35%
Stifel Financial
15
Stifel Financial
Missouri
$13.8M +$5.48M +225,491 +65%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$12.9M -$6.82M -280,329 -35%
Raymond James Financial
17
Raymond James Financial
Florida
$11.1M +$1.74M +71,732 +19%
EWA
18
Evolution Wealth Advisors
Florida
$10.9M -$236K -9,697 -2%
MIFH
19
Migdal Insurance & Financial Holdings
Israel
$9.7M +$9.73M +400,000 New
EC
20
Estate Counselors
Wisconsin
$9.19M +$1.04M +42,860 +13%
Baird Financial Group
21
Baird Financial Group
Wisconsin
$9.11M -$153K -6,278 -2%
ATPW
22
Ashton Thomas Private Wealth
Arizona
$9.1M -$522K -21,466 -5%
MCM
23
MAI Capital Management
Ohio
$8.68M +$165K +6,781 +2%
MML Investors Services
24
MML Investors Services
Massachusetts
$8.52M -$303K -12,475 -3%
WF
25
Williams Financial
Vermont
$8.27M +$8.3M +341,196 New

VRP Hedge Fund Activity: Q1 2025 in Review

245 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2025, worth a combined $1.13B — down 11% from $1.27B a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new VRP positions and 15 closed out — a net gain of 6 holders — while 90 added to existing stakes and 89 trimmed.

The largest buyer was Bank of America, adding an estimated $83.2M. The largest seller was Advisory Alpha, cutting an estimated $45.5M.

  • 245 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2025, up from 243 in Q4 2024.
  • Funds reported $1.13B of Invesco Variable Rate Preferred ETF stock for Q1 2025, down 11% quarter-over-quarter.
  • 21 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2025 and 15 closed out, a net change of +6 holders.
  • The largest Invesco Variable Rate Preferred ETF buyer in Q1 2025 was Bank of America, an estimated $83.2M added.
  • The largest Invesco Variable Rate Preferred ETF seller in Q1 2025 was Advisory Alpha, an estimated $45.5M sold.

Based on aggregated 13F filings for Q1 2025.