Invesco Variable Rate Preferred ETF
262 hedge funds and large institutions have $1.31B invested in Invesco Variable Rate Preferred ETF in 2026 Q1 according to their latest regulatory filings, with 20 funds opening new positions, 104 increasing their positions, 80 reducing their positions, and 26 closing their positions.
30% more repeat investments, than reductions
Existing positions increased: 104 | Existing positions reduced: 80
2% more capital invested
Capital invested by funds: $1.28B → $1.31B (+$23.5M)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
0.87% less ownership
Funds ownership: 55.03% → 54.15% (-0.87%)
4% less funds holding
Funds holding: 274 → 262 (-12)
23% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 26
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$15.2M |
| 2 |
MGIA
Matthew Goff Investment Advisor
Houston,
Texas
|
+$9.86M |
| 3 |
LWP
LeClair Wealth Partners
Dublin,
Ohio
|
+$7.11M |
| 4 |
LPL Financial
San Diego,
California
|
+$5.89M |
| 5 |
AWM
Avior Wealth Management
Omaha,
Nebraska
|
+$4.57M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAMC
Spectrum Asset Management (Connecticut)
Stamford,
Connecticut
|
-$11.2M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$8.73M |
| 3 |
JP Morgan Chase
New York
|
-$7.27M |
| 4 |
MSWM
Mader & Shannon Wealth Management
Kansas City,
Missouri
|
-$3.27M |
| 5 |
AA
Advisory Alpha
Holland,
Michigan
|
-$2.52M |
VRP Hedge Fund Activity: Q1 2026 in Review
262 institutional investors reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q1 2026, worth a combined $1.31B — up 1.8% from $1.28B a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of VRP and 20 opened new positions — a net loss of 6 holders — while 80 trimmed existing stakes and 104 added.
The largest buyer was Morgan Stanley, adding an estimated $15.2M. The largest seller was Spectrum Asset Management (Connecticut), cutting an estimated $11.2M.
- 262 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q1 2026, down from 274 in Q4 2025.
- Funds reported $1.31B of Invesco Variable Rate Preferred ETF stock for Q1 2026, up 1.8% quarter-over-quarter.
- 20 funds opened new Invesco Variable Rate Preferred ETF positions in Q1 2026 and 26 closed out, a net change of -6 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q1 2026 was Morgan Stanley, an estimated $15.2M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q1 2026 was Spectrum Asset Management (Connecticut), an estimated $11.2M sold.
Based on aggregated 13F filings for Q1 2026.