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State Street SPDR ICE Preferred Securities ETF

104 hedge funds and large institutions have $280M invested in State Street SPDR ICE Preferred Securities ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

29% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 28

13% more capital invested

Capital invested by funds: $248M → $280M (+$32.3M)

4% less funds holding

Funds holding: 108104 (-4)

4.15% less ownership

Funds ownership: 59.05%54.9% (-4.2%)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

Holders
104
Holders Change
-4
Holders Change %
-3.7%
% of All Funds
2.38%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
16
Increased
36
Reduced
28
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RFC
26
Regions Financial Corp
Alabama
$1.3M
ACM
27
AlphaStar Capital Management
North Carolina
$1.2M -$91.5K -2,123 -7%
GC
28
Guggenheim Capital
Illinois
$1.2M +$161K +3,729 +15%
Stifel Financial
29
Stifel Financial
Missouri
$1.18M -$216 -5 -0%
Cambridge Investment Research Advisors
30
Cambridge Investment Research Advisors
Iowa
$1.11M +$182K +4,226 +19%
Commonwealth Equity Services
31
Commonwealth Equity Services
Massachusetts
$965K +$115K +2,663 +13%
Ameriprise
32
Ameriprise
Minnesota
$959K +$621K +14,402 +177%
Bank of Montreal
33
Bank of Montreal
Ontario, Canada
$958K -$16.9K -393 -2%
ARMC
34
American Research & Management Company
Massachusetts
$952K -$41K -950 -4%
Susquehanna International Group
35
Susquehanna International Group
Pennsylvania
$942K +$953K +22,098 New
RIA
36
Regal Investment Advisors
Michigan
$930K +$381K +8,829 +68%
SFP
37
Shepherd Financial Partners
Massachusetts
$925K
CT
38
Coastline Trust
Rhode Island
$734K +$99.6K +2,310 +16%
EAM
39
Evanson Asset Management
California
$734K +$742K +17,216 New
OIA
40
Optimum Investment Advisors
Illinois
$731K -$8.62K -200 -1%
Goldman Sachs
41
Goldman Sachs
New York
$725K +$388 +9 +0.1%
MML Investors Services
42
MML Investors Services
Massachusetts
$716K +$148K +3,443 +26%
SFG
43
SNS Financial Group
Minnesota
$692K -$9.83K -228 -1%
TF
44
Tompkins Financial
New York
$585K
LWS
45
Lucia Wealth Services
California
$578K -$277K -6,434 -32%
Baird Financial Group
46
Baird Financial Group
Wisconsin
$563K +$578K +13,403 New
LTFS
47
Ladenburg Thalmann Financial Services
Florida
$551K -$153K -3,559 -22%
Citigroup
48
Citigroup
New York
$532K -$85.9K -1,993 -14%
PNC Financial Services Group
49
PNC Financial Services Group
Pennsylvania
$521K -$39.1K -906 -7%
SAM
50
SignalPoint Asset Management
Missouri
$510K -$32.4K -751 -6%

PSK Hedge Fund Activity: Q3 2018 in Review

104 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2018, worth a combined $280M — up 13% from $248M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PSK and 16 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 36 added.

The largest buyer was State Street, adding an estimated $24.3M. The largest seller was Gradient Investments, cutting an estimated $15.1M.

  • 104 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2018, down from 108 in Q2 2018.
  • Funds reported $280M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2018, up 13% quarter-over-quarter.
  • 16 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2018 and 19 closed out, a net change of -3 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2018 was State Street, an estimated $24.3M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2018 was Gradient Investments, an estimated $15.1M sold.

Based on aggregated 13F filings for Q3 2018.