Invesco Variable Rate Investment Grade

VRIG • NASDAQ

Invesco Variable Rate Investment Grade is an exchange-traded fund on NASDAQ. As of Q3 2025, 144 institutional investors hold shares in this ETF, with total holdings valued at $918.8M. Invesco Ltd. is the largest holder with a position valued at $264.8M.

Overview

Overview of institutional ownership in VRIG as of Q3 2025

All Institutions

Institutions: 144
Value Held: $918.8M
Shares Held: 36.6M
Avg Position: $6.4M
Median Position: $849.6K

Hedge Funds

Hedge Funds: 3
Value Held: $737.0K
Shares Held: 29.4K
Avg Position: $245.7K
Median Position: $25.1K

Biggest Investors

Institutions with the largest positions in VRIG as of Q3 2025

Institution	Key People	Position Value	Ownership	Owned Since	Total AUM (Long)
Invesco Ltd. ETF Provider	Brian Christopher Hartigan CEO	$264.8M 0.04% of portfolio	10.5M shares	Q4 2016 Held for 8y 11m	$633.08B
L LPL Financial LLC Institution	-	$145.0M 0.04% of portfolio	5.8M shares	Q1 2018 Held for 7y 8m	$340.07B
MORGAN STANLEY RIA/Wealth	Jed Finn CEO	$51.2M 0.00% of portfolio	2.0M shares	Q2 2017 Held for 8y 5m	$1.65T
B Bank Julius Baer & Co. Ltd, Zurich Institution	-	$27.0M 0.08% of portfolio	1.1M shares	Q1 2025 Held for 8 months	$35.5B
A Advisor Group Holdings, Inc. Institution	-	$25.8M 0.04% of portfolio	1.0M shares	Q1 2020 Held for 5y 8m	$71.0B
Bank of New York Mellon Corp Institution	Robin Vince CEO	$24.9M 0.00% of portfolio	992.5K shares	Q3 2023 Held for 2y 2m	$556.34B
F Fiduciary Planning LLC Institution	-	$24.2M 7.40% of portfolio	964.1K shares	Q3 2023 Held for 2y 2m	$326.8M
S STIFEL FINANCIAL CORP Long Only Manager	Adam Vartan Topalian CIO	$20.1M 0.02% of portfolio	801.4K shares	Q4 2017 Held for 7y 11m	$109.37B
C Cherry Creek Investment Advisors, Inc. RIA/Wealth	Patricia Anne Mcnamara President	$17.0M 7.34% of portfolio	675.8K shares	Q1 2024 Held for 1y 8m	$231.3M
Equitable Holdings, Inc. Institution	Robin M. Raju CEO	$16.2M 0.12% of portfolio	645.5K shares	Q1 2023 Held for 2y 8m	$13.6B

Net Capital Flow

Institutional buying and selling activity for VRIG in Q3 2025

Traded: +$26.6M
Buyers: 77
Sellers: 67
Total Bought: +$76.7M
Total Sold: −$50.1M
Avg Position: $5.8M

Biggest Buyers

Institution	Net Bought	Current Position
B Bank Julius Baer & Co. Ltd, Zurich Institution	+$13.1M +520.3K shares	$27.0M 1.1M shares
L LPL Financial LLC Institution	+$12.5M +499.7K shares	$145.0M 5.8M shares
Wealthcare Advisory Partners LLC RIA/Wealth	+$11.6M +461.7K shares	$12.1M 480.5K shares
H Harfst & Associates, Inc. Institution	+$3.6M +143.3K shares	$3.6M 143.3K shares
Regal Investment Advisors, LLC RIA/Wealth	+$3.3M +131.5K shares	$6.1M 244.4K shares
RAYMOND JAMES FINANCIAL INC RIA/Wealth	+$3.0M +120.9K shares	$12.7M 506.6K shares
L Laffer Investments RIA/Wealth	+$2.6M +102.6K shares	$4.8M 189.4K shares
Verdence Capital Advisors LLC RIA/Wealth	+$2.5M +97.8K shares	$2.5M 97.8K shares
COMMONWEALTH EQUITY SERVICES, LLC. RIA/Wealth	+$2.2M +89.3K shares	$8.7M 348.3K shares
Kestra Advisory Services, LLC RIA/Wealth	+$2.2M +89.0K shares	$3.7M 145.5K shares

Biggest Sellers

Institution	Net Sold	Current Position
A Advisor Group Holdings, Inc. Institution	−$15.0M −598.2K shares	$25.8M 1.0M shares
Goldstone Financial Group, LLC RIA/Wealth	−$8.6M −341.0K shares	$3.1M 122.1K shares
MORGAN STANLEY RIA/Wealth	−$6.0M −239.2K shares	$51.2M 2.0M shares
C CI Private Wealth, LLC RIA/Wealth	−$3.3M −132.6K shares	Sold Off 0 shares
Total Clarity Wealth Management, Inc. RIA/Wealth	−$2.3M −89.9K shares	$5.2M 205.9K shares
P Pine Harbor Wealth Management, LLC RIA/Wealth	−$1.3M −51.3K shares	Sold Off 0 shares
Csenge Advisory Group RIA/Wealth	−$1.2M −46.6K shares	Sold Off 0 shares
Concurrent Investment Advisors, LLC RIA/Wealth	−$1.1M −45.6K shares	$4.1M 162.8K shares
Equitable Holdings, Inc. Institution	−$1.0M −40.3K shares	$16.2M 645.5K shares
JPMORGAN CHASE & CO Institution	−$850.0K −33.9K shares	$101.6K 4.0K shares

Entry and Exit Activity

Institutions that initiated new positions or completely exited VRIG in Q3 2025

New Positions: 7
New Value: $8.2M
Exited Positions: 15
Exited Value: $8.1M

New Positions

Institution	Position Value
Verdence Capital Advisors LLC RIA/Wealth	$2.5M 97.8K shares
C Centurion Wealth Management LLC Institution	$2.2M 86.2K shares
Fundamentun, LLC RIA/Wealth	$1.2M 46.6K shares
Signal Advisors Wealth, LLC RIA/Wealth	$1.1M 42.7K shares
Summit Financial, LLC RIA/Wealth	$891.0K 35.5K shares
PAX Financial Group, LLC RIA/Wealth	$211.8K 8.4K shares
K KRAEMATON INVESTMENT ADVISORS, INC RIA/Wealth	$209.3K 8.3K shares

Exited Positions

Institution	Previous Position
C CI Private Wealth, LLC RIA/Wealth	$3.3M 132.6K shares
P Pine Harbor Wealth Management, LLC RIA/Wealth	$1.3M 51.3K shares
Csenge Advisory Group RIA/Wealth	$1.2M 46.6K shares
Resurgent Financial Advisors LLC RIA/Wealth	$539.5K 21.5K shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity	$371.4K 14.8K shares
T TWO SIGMA SECURITIES, LLC Institution	$370.7K 14.8K shares
National Asset Management, Inc. RIA/Wealth	$334.6K 13.4K shares
Texas Yale Capital Corp. RIA/Wealth	$313.5K 12.5K shares
Kingsview Wealth Management, LLC RIA/Wealth	$217.5K 8.7K shares
HARBOUR INVESTMENTS, INC. RIA/Wealth	$148.6K 5.9K shares

Options Activity

Institutions with the largest Call and Put options positions in VRIG as of Q3 2025

Call Positions: 0
Call Value: -
Put Positions: 0
Put Value: -

Call Positions

Institution	Position Value
No call positions found

Put Positions

Institution	Position Value
No put positions found

Most Committed Institutions

Institutions with VRIG as the highest % of their portfolio as of Q3 2025

Institution	Key People	Portfolio Weight	Ownership	Owned Since	Total AUM (Long)
F Fiduciary Planning LLC Institution	-	7.40% $24.2M	964.1K shares	Q3 2023 Held for 2y 2m	$326.8M
C Cherry Creek Investment Advisors, Inc. RIA/Wealth	Patricia Anne Mcnamara President	7.34% $17.0M	675.8K shares	Q1 2024 Held for 1y 8m	$231.3M
S Sunflower Bank, N.A. Institution	-	3.46% $13.8M	551.5K shares	Q1 2022 Held for 3y 8m	$400.2M
V Vectors Research Management, LLC Institution	-	2.49% $7.9M	315.4K shares	Q3 2018 Held for 7y 2m	$317.3M
Beaumont Capital Management, LLC Long Only Manager	Michael B Nierenberg CEO	2.46% $3.7M	147.9K shares	Q4 2023 Held for 1y 11m	$150.6M
Cerro Pacific Wealth Advisors LLC RIA/Wealth	Daniel Keith Speirs Founder	2.45% $9.0M	357.1K shares	Q2 2024 Held for 1y 5m	$365.1M
B Blue Capital, Inc. RIA/Wealth	Michael John Herek Managing Partner	2.24% $3.0M	120.3K shares	Q2 2025 Held for 5 months	$134.6M
CALTON & ASSOCIATES, INC. RIA/Wealth	Randall Lee Ciccati CEO	1.73% $11.5M	457.8K shares	Q1 2024 Held for 1y 8m	$664.6M
Total Clarity Wealth Management, Inc. RIA/Wealth	Richard Monnett Everhart Partner	1.37% $5.2M	205.9K shares	Q3 2023 Held for 2y 2m	$376.3M
W Wagner Wealth Management, LLC Institution	-	1.11% $4.8M	191.1K shares	Q1 2024 Held for 1y 8m	$430.7M

Hedge Fund Spotlight

Discover hedge funds investing in VRIG

GABLES CAPITAL MANAGEMENT INC.

Hedge Fund • Long/Short

Portfolio ManagerJudith Cohen Neiwirth

Portfolio Value: $233.4M
Positions: 457
Last Reported: Q3 2025

Sector Allocation

Position in Invesco Variable Rate Investment Grade

Market Value: $25.1K
Shares Held: 1.0K
Portfolio Weight: 0.01%
Owned Since: 2024-Q1

Top Holding	Sector	Market Value	Weight
1 Nvidia NVDA	Semiconductors Technology	$20.6M	8.84%
2 Apple AAPL	Consumer Electronics Technology	$14.7M	6.30%
3 Palantir Technologies Inc. PLTR	Software - Infrastructure Technology	$13.4M	5.74%