State Street SPDR ICE Preferred Securities ETF
PSK
199 hedge funds and large institutions have $393M invested in State Street SPDR ICE Preferred Securities ETF in 2022 Q4 according to their latest regulatory filings, with 40 funds opening new positions, 65 increasing their positions, 62 reducing their positions, and 33 closing their positions.
21% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 33
3% more funds holding
Funds holding: 194 → 199 (+5)
2.28% more ownership
Funds ownership: 38.4% → 40.67% (+2.3%)
5% more repeat investments, than reductions
Existing positions increased: 65 | Existing positions reduced: 62
3% more capital invested
Capital invested by funds: $380M → $393M (+$12.8M)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$7.31M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$6.48M |
| 3 |
CCWA
CLA (CliftonLarsonAllen) Wealth Advisors
Minneapolis,
Minnesota
|
+$5.16M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$3.2M |
| 5 |
SA
Shilanski & Associates
Anchorage,
Alaska
|
+$3.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$5.67M |
| 2 |
RA
RFG Advisory
Birmingham,
Alabama
|
-$3.19M |
| 3 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$3M |
| 4 |
First Trust Advisors
Wheaton,
Illinois
|
-$1.71M |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.31M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CA
226
Centerpoint Advisors
Needham,
Massachusetts
| – | -$11K | -320 | Closed |
|
227
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$11K | -305 | Closed |
|
|
FA
228
Flagstar Advisors
New York
| – | -$4.22K | -121 | Closed |
|
|
AF
229
Advisornet Financial
Minnetonka,
Minnesota
| – | -$2K | -64 | Closed |
|
|
FGAM
230
Financial Gravity Asset Management
Lakeway,
Texas
| – | -$186 | -35 | Closed |
|
231
Rockefeller Capital Management
New York
| – | +$101 | +3 | New |
|
PSK Hedge Fund Activity: Q4 2022 in Review
199 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2022, worth a combined $393M — up 3.4% from $380M a quarter earlier.
Buyers outnumbered sellers: 40 funds opened new PSK positions and 33 closed out — a net gain of 7 holders — while 65 added to existing stakes and 62 trimmed.
The largest buyer was Bank of America, adding an estimated $7.31M. The largest seller was Prospera Financial Services, cutting an estimated $5.67M.
- 199 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2022, up from 194 in Q3 2022.
- Funds reported $393M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2022, up 3.4% quarter-over-quarter.
- 40 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2022 and 33 closed out, a net change of +7 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2022 was Bank of America, an estimated $7.31M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2022 was Prospera Financial Services, an estimated $5.67M sold.
Based on aggregated 13F filings for Q4 2022.