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State Street SPDR ICE Preferred Securities ETF

86 hedge funds and large institutions have $170M invested in State Street SPDR ICE Preferred Securities ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 34 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

1% more capital invested

Capital invested by funds: $168M → $170M (+$2.27M)

0.41% less ownership

Funds ownership: 52.03%51.62% (-0.41%)

8% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 12

4% less funds holding

Funds holding: 9086 (-4)

29% less repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 34

100% less funds holding in top 10

Funds holding in top 10: 10 (-1)

Holders
86
Holders Change
-4
Holders Change %
-4.44%
% of All Funds
2.14%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
24
Reduced
34
Closed
12
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SFG
26
SNS Financial Group
Minnesota
$1.16M -$164K -3,757 -12%
Susquehanna International Group
27
Susquehanna International Group
Pennsylvania
$1.15M +$468K +10,748 +70%
SAM
28
SignalPoint Asset Management
Missouri
$1.11M +$58K +1,332 +6%
ARMC
29
American Research & Management Company
Massachusetts
$1.08M -$21.8K -500 -2%
PNC Financial Services Group
30
PNC Financial Services Group
Pennsylvania
$892K +$30.8K +708 +4%
RJFSA
31
Raymond James Financial Services Advisors
Florida
$852K +$113K +2,600 +15%
WCG
32
Wall Capital Group
Arizona
$843K +$835K +19,184 New
Ameriprise
33
Ameriprise
Minnesota
$833K -$1.03M -23,770 -56%
OIA
34
Optimum Investment Advisors
Illinois
$802K +$39.2K +900 +5%
FAAS
35
First Allied Advisory Services
California
$752K -$21.9K -502 -3%
RIA
36
Regal Investment Advisors
Michigan
$626K -$881K -20,236 -59%
Jane Street
37
Jane Street
New York
$604K -$984K -22,608 -62%
FIM
38
Freedom Investment Management
Connecticut
$584K +$163K +3,752 +39%
WCM
39
Windsor Capital Management
Arizona
$565K -$41.4K -950 -7%
PCM
40
Parsons Capital Management
Rhode Island
$564K
CWM
41
Confluence Wealth Management
Oregon
$488K -$27.8K -638 -5%
CAN
42
Cetera Advisor Networks
California
$441K +$176K +4,044 +68%
Betterment LLC
43
Betterment LLC
New York
$437K +$7.31K +168 +2%
Citigroup
44
Citigroup
New York
$423K +$43.5K +1,000 +12%
RWP
45
RWA Wealth Partners
Massachusetts
$418K +$414K +9,515 New
First Trust Advisors
46
First Trust Advisors
Illinois
$409K +$69.2K +1,589 +21%
NSIM
47
North Star Investment Management
Illinois
$377K -$39.1K -899 -9%
KeyBank National Association
48
KeyBank National Association
Ohio
$374K
Bank of Montreal
49
Bank of Montreal
Ontario, Canada
$363K +$11.5K +265 +3%
VWM
50
Venturi Wealth Management
Texas
$361K -$5.75K -132 -2%

PSK Hedge Fund Activity: Q1 2017 in Review

86 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2017, worth a combined $170M — up 1.3% from $168M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of PSK and 11 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 24 added.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $8.44M. The largest seller was Prospera Financial Services, exiting entirely with an estimated $6.18M sold.

  • 86 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2017, down from 90 in Q4 2016.
  • Funds reported $170M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2017, up 1.3% quarter-over-quarter.
  • 11 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2017 and 12 closed out, a net change of -1 holder.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2017 was Charles Schwab Investment Advisory, an estimated $8.44M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2017 was Prospera Financial Services, an estimated $6.18M sold.

Based on aggregated 13F filings for Q1 2017.