Invesco Variable Rate Preferred ETF
270 hedge funds and large institutions have $1.85B invested in Invesco Variable Rate Preferred ETF in 2026 Q2 according to their latest regulatory filings, with 28 funds opening new positions, 115 increasing their positions, 69 reducing their positions, and 15 closing their positions.
87% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 15
67% more funds holding in top 10
Funds holding in top 10: 3 → 5 (+2)
67% more repeat investments, than reductions
Existing positions increased: 115 | Existing positions reduced: 69
41% more capital invested
Capital invested by funds: $1.31B → $1.85B (+$542M)
7.85% more ownership
Funds ownership: 54.15% → 62% (+7.8%)
3% more funds holding
Funds holding: 262 → 270 (+8)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Treasurer of the State of North Carolina
Raleigh,
North Carolina
|
+$350M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$79.4M |
| 3 |
IWS
Insight Wealth Strategies
San Ramon,
California
|
+$22.6M |
| 4 |
EC
Estate Counselors
Thiensville,
Wisconsin
|
+$21.4M |
| 5 |
Morgan Stanley
New York
|
+$12.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWP
LeClair Wealth Partners
Dublin,
Ohio
|
-$7M |
| 2 |
LPL Financial
San Diego,
California
|
-$4.85M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.78M |
| 4 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$2.84M |
| 5 |
Mariner
Overland Park,
Kansas
|
-$2.68M |
VRP Hedge Fund Activity: Q2 2026 in Review
270 institutional investors reported a position in Invesco Variable Rate Preferred ETF (VRP) for Q2 2026, worth a combined $1.85B — up 41% from $1.31B a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new VRP positions and 15 closed out — a net gain of 13 holders — while 115 added to existing stakes and 69 trimmed.
The largest buyer was Treasurer of the State of North Carolina, opening a new position worth an estimated $350M. The largest seller was LeClair Wealth Partners, exiting entirely with an estimated $7M sold.
- 270 institutional investors held Invesco Variable Rate Preferred ETF (VRP) as of Q2 2026, up from 262 in Q1 2026.
- Funds reported $1.85B of Invesco Variable Rate Preferred ETF stock for Q2 2026, up 41% quarter-over-quarter.
- 28 funds opened new Invesco Variable Rate Preferred ETF positions in Q2 2026 and 15 closed out, a net change of +13 holders.
- The largest Invesco Variable Rate Preferred ETF buyer in Q2 2026 was Treasurer of the State of North Carolina, an estimated $350M added.
- The largest Invesco Variable Rate Preferred ETF seller in Q2 2026 was LeClair Wealth Partners, an estimated $7M sold.
Based on aggregated 13F filings for Q2 2026.