State Street SPDR ICE Preferred Securities ETF
PSK
64 hedge funds and large institutions have $204M invested in State Street SPDR ICE Preferred Securities ETF in 2016 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 20 increasing their positions, 15 reducing their positions, and 11 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
91% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 11
89% more capital invested
Capital invested by funds: $108M → $204M (+$96.2M)
33% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 15
16% more funds holding
Funds holding: 55 → 64 (+9)
11.56% more ownership
Funds ownership: 31.02% → 42.58% (+12%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$25.7M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$21.6M |
| 3 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
+$20.5M |
| 4 |
Morgan Stanley
New York
|
+$12.4M |
| 5 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$8.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UFF
USA Financial Formulas
Ada,
Michigan
|
-$17.1M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$5.51M |
| 3 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$4.06M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.7M |
| 5 |
Jane Street
New York
|
-$1.45M |
PSK Hedge Fund Activity: Q1 2016 in Review
64 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2016, worth a combined $204M — up 89% from $108M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new PSK positions and 11 closed out — a net gain of 10 holders — while 20 added to existing stakes and 15 trimmed.
The largest buyer was NewSquare Capital, opening a new position worth an estimated $25.7M. The largest seller was USA Financial Formulas, exiting entirely with an estimated $17.1M sold.
- 64 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2016, up from 55 in Q4 2015.
- Funds reported $204M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2016, up 89% quarter-over-quarter.
- 21 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2016 and 11 closed out, a net change of +10 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2016 was NewSquare Capital, an estimated $25.7M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2016 was USA Financial Formulas, an estimated $17.1M sold.
Based on aggregated 13F filings for Q1 2016.