Invesco Variable Rate Preferred ETF
VRP
264 hedge funds and large institutions have $1.17B invested in Invesco Variable Rate Preferred ETF in 2025 Q2 according to their latest regulatory filings, with 31 funds opening new positions, 88 increasing their positions, 89 reducing their positions, and 14 closing their positions.
121% more first-time investments, than exits
New positions opened: 31 | Existing positions closed: 14
6% more funds holding
Funds holding: 248 → 264 (+16)
2.22% more ownership
Funds ownership: 55.25% → 57.47% (+2.2%)
3% more capital invested
Capital invested by funds: $1.13B → $1.17B (+$38.6M)
1% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 89
80% less funds holding in top 10
Funds holding in top 10: 5 → 1 (-4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$46.4M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$13M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$8.96M |
| 4 |
WCA
Westover Capital Advisors
Wilmington,
Delaware
|
+$8.31M |
| 5 |
JP Morgan Chase
New York
|
+$6.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$13M |
| 2 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
-$9.19M |
| 3 |
WF
Williams Financial
North Bennington,
Vermont
|
-$8.27M |
| 4 |
MGIA
Matthew Goff Investment Advisor
Houston,
Texas
|
-$5.03M |
| 5 |
IA
Integrity Alliance
Urbandale,
Iowa
|
-$4.87M |
VRP Hedge Fund Activity: Q2 2025 in Review
264 of the 7,613 institutional investors tracked by Wall St. Rank reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2025, worth a combined $1.17B — up 3.4% from $1.13B a quarter earlier.
Buyers outnumbered sellers: 31 funds opened new VRP positions and 14 closed out — a net gain of 17 holders — while 88 added to existing stakes and 89 trimmed.
The largest buyer was Proficio Capital Partners, adding an estimated $46.4M. The largest seller was Morgan Stanley, cutting an estimated $13M.
- 264 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2025, up from 248 in Q1 2025.
- Funds reported $1.17B of Invesco Variable Rate Preferred ETF stock for Q2 2025, up 3.4% quarter-over-quarter.
- 31 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2025 and 14 closed out, a net change of +17 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2025 was Proficio Capital Partners, an estimated $46.4M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2025 was Morgan Stanley, an estimated $13M sold.
Based on aggregated 13F filings for Q2 2025.