Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF
US ˙ ARCA ˙ US46138G8704

SecurityVRP / Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF
InstitutionMorgan Stanley
Latest Disclosed Ownership9,401,780 shares
Latest Disclosed Value $ 225,454,721
Morgan Stanley reports 7.13% increase in ownership of VRP / Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF

On May 15, 2026 - Morgan Stanley filed a 13F-HR form disclosing ownership of 9,401,780 shares of Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF (US:VRP) valued at $225,454,684 USD as of March 31, 2026. The entity filed a previous 13F-HR/A on May 27, 2026 disclosing 8,776,100 shares of Invesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF. This represents a change in shares of 7.13% during the quarter. The current value of the position is $229,121,379 USD.

Institutional Ownership: 13F and NPORT Filings

The Security and Class in the table below are shown exactly as filed by the investor. We do our best to track continuity of investments through acquisitions, and this will be reflected in the table as changes in names. In addition to descriptive data, performance of the investment is shown over time. To calculate quarterly performance, we first calculate cost basis of the shares purchased during the quarter, then use that to calculate gross profit. Quarterly return is Gross Profit / Starting Portfolio value.

Note that cost basis is calculated and stored in thousands, so small quarterly changes in shares frequently result in a cost basis of zero.

Upgrade to unlock premium data and export to Excel .

Disclosed Equity Positions (from 13F/NPORT Filings)
File
Date		 Effective
Date		Form Security Class ID Avg Price
Paid (Est)		 Reported
Shares		 ΔShares ΔShares
(%)		 Reported
Value
(x1000)		 ΔValue
(%)		 Alloc
(%)		 ΔAlloc ΔAlloc (%) Cost Basis
(x1000)		 Unrealized
Gain/Loss
(x1000)
2026-05-15 2026-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 9,401,780 625,680 7.13 225,455 5.59 0.0136
2026-05-27 2025-12-31 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 8,776,100 -52,800 -0.60 213,523 -2.09 0.0127
2026-02-13 2025-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 8,776,100 -52,800 213,523 0.0127
2026-05-27 2025-09-30 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 8,828,900 844,381 10.58 218,074 11.71 0.0132
2025-11-14 2025-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 8,828,900 844,381 218,074 0.0132
2025-08-15 2025-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 7,984,519 -538,201 -6.31 195,222 -5.50 0.0127
2025-05-15 2025-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 8,522,720 1,035,316 13.83 206,591 14.06 0.0148
2025-05-15 2024-12-31 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 7,487,404 677,133 9.94 181,120 8.73 0.0127
2025-02-14 2024-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 7,487,404 677,133 181,120 0.0127
2025-05-14 2024-09-30 13F/A-2 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,810,271 297,927 4.57 166,579 6.76 0.0121
2025-02-14 2024-09-30 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,810,271 297,927 166,579 0.0121
2024-11-14 2024-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,810,271 297,927 166,579 0.0014
2025-05-14 2024-06-30 13F/A-2 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,512,344 1,669,330 34.47 156,036 35.54 0.0121
2024-10-17 2024-06-30 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,512,344 1,669,330 156,036 0.0121
2024-08-14 2024-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 6,512,344 1,669,330 156,036 0.0121
2024-10-17 2024-03-31 13F/A-2 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,843,014 525,369 12.17 115,118 15.52 0.0092
2024-08-16 2024-03-31 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,843,014 525,369 115,118 0.0011
2024-05-15 2024-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,843,014 525,369 115,118 0.0092
2024-08-16 2023-12-31 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,317,645 64,778 1.52 99,651 4.75 0.0088
2024-02-13 2023-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,317,645 64,778 99,651 0.0088
2023-11-15 2023-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,252,867 -363,309 -7.87 95,137 -7.37 0.0097
2023-08-14 2023-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,616,176 53,891 1.18 102,710 1.64 0.0101
2023-05-15 2023-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,562,285 -1,193,662 -20.74 101,055 -21.59 0.0108
2023-02-14 2022-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 5,755,947 1,476,055 34.49 128,876 37.50 0.0146
2022-11-14 2022-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,279,892 366,893 9.38 93,729 7.95 0.0128
2022-10-27 2022-06-30 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,912,999 -1,001,378 -20.38 86,830 -27.71 0.0113
2022-08-15 2022-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,912,999 -1,001,378 86,830 0.0113
2022-10-27 2022-03-31 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,914,377 1,154,775 30.72 120,108 23.25 0.0162
2022-05-13 2022-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 4,914,377 1,154,775 120,108 0.0162
2022-02-14 2021-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,759,602 8,239 0.22 97,449 -0.93 0.0120
2021-11-15 2021-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,751,363 577,117 18.18 98,361 17.82 0.0132
2021-08-23 2021-06-30 13F/A-1 INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,174,246 349,846 12.39 83,483 14.34 0.0110
2021-08-16 2021-06-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 3,174,246 349,846 83,483 0.0023
2021-05-17 2021-03-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 2,824,400 -9,500 -0.34 73,011 -0.72 0.0107
2021-02-16 2020-12-31 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 2,833,900 50,344 1.81 73,540 7.31 0.0114
2020-11-13 2020-09-30 13F INVESCO EXCH TRADED FD TR II VAR RATE PFD 46138G870 2,783,556 -23,713 -0.84 68,531 4.19 0.0133
2020-08-14 2020-06-30 13F INVESCO EXCHANGE-TRADED FD T VAR RATE PFD 46138G870 2,807,269 -56,732 -1.98 65,774 7.02 0.0146
2020-05-26 2020-03-31 13F/A-1 INVESCO EXCHANGE-TRADED FD T VAR RATE PFD 46138G870 2,864,001 78,881 2.83 61,461 -14.57 0.0167
2020-05-15 2020-03-31 13F INVESCO EXCHANGE-TRADED FD T VAR RATE PFD 46138G870 2,864,001 78,881 61,461 4,721.4860
2020-02-14 2019-12-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 2,785,120 226,782 8.86 71,939 10.62 0.0167
2019-11-14 2019-09-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 2,558,338 103,950 4.24 65,033 6.28 0.0172
2019-08-14 2019-06-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 2,454,388 -312,422 -11.29 61,188 -10.03 0.0163
2019-05-15 2019-03-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 2,766,810 -115,660 -4.01 68,008 3.39 0.0193
2019-02-14 2018-12-31 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 2,882,470 -516,678 -15.20 65,778 -22.25 0.0197
2019-04-23 2018-09-30 13F/A-2 INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 3,399,148 55,514 1.66 84,605 1.82 0.0212
2018-11-20 2018-09-30 13F/A-1 INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 3,399,148 0 84,605 0.0212
2018-11-14 2018-09-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 3,399,148 84,605
2019-04-23 2018-06-30 13F/A-1 INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 3,343,634 3,343,634 83,089 0.0224
2018-08-14 2018-06-30 13F INVESCO EXCHNG TRADED FD TR VAR RATE PFD 46138G870 3,343,634 83,089 0.0224
Legend
Shares
The total number of shares held by the institution at the end of the reporting period (the effective date). This is provided in the filing.
Value
The total value of the shares as of the effective date. This is provided in the filing.
Avg. Share Price
The weighted average share price of the shares held by the institution. We use FIFO accounting to determine this price
Class
This is the security class as indicated by the filer. There are a variety of values for this field. Common values include "EC" = equity common, "EP" - equity preferred
Allocation (%)
The percent of the institution's portfolio that this position represents. This is provided in NPORT filings. For 13F filings, we calculate it.
Change in Allocation
The change in allocation from the prior reporting period. This is calculated as current allocation - prior allocation.
Change in Allocation (%)
The percent change in allocation from the prior reporting period. This is calculated as (current allocation - prior allocation) / prior allocation.
Cost Basis
The total cost of the shares held. This is calculated as reported shares * avg. share price
Unrealized Gain/Loss
This is the market value of the position as of the effective date minus the cost basis.