State Street SPDR ICE Preferred Securities ETF
PSK
150 hedge funds and large institutions have $391M invested in State Street SPDR ICE Preferred Securities ETF in 2020 Q2 according to their latest regulatory filings, with 41 funds opening new positions, 50 increasing their positions, 30 reducing their positions, and 22 closing their positions.
86% more first-time investments, than exits
New positions opened: 41 | Existing positions closed: 22
67% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 30
26% more capital invested
Capital invested by funds: $310M → $391M (+$81.4M)
11% more funds holding
Funds holding: 135 → 150 (+15)
3.69% more ownership
Funds ownership: 38.99% → 42.68% (+3.7%)
40% less funds holding in top 10
Funds holding in top 10: 5 → 3 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$36.9M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$18.4M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$16.1M |
| 4 |
PI
PFS Investments
Duluth,
Georgia
|
+$9.34M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$6.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$55.9M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$6.19M |
| 3 |
Morgan Stanley
New York
|
-$4.8M |
| 4 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$4.75M |
| 5 |
GVAG
Great Valley Advisor Group
Wilmington,
Delaware
|
-$4.37M |
PSK Hedge Fund Activity: Q2 2020 in Review
150 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2020, worth a combined $391M — up 26% from $310M a quarter earlier.
Buyers outnumbered sellers: 41 funds opened new PSK positions and 22 closed out — a net gain of 19 holders — while 50 added to existing stakes and 30 trimmed.
The largest buyer was State Street, adding an estimated $36.9M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $55.9M.
- 150 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2020, up from 135 in Q1 2020.
- Funds reported $391M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2020, up 26% quarter-over-quarter.
- 41 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2020 and 22 closed out, a net change of +19 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2020 was State Street, an estimated $36.9M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2020 was Charles Schwab Investment Advisory, an estimated $55.9M sold.
Based on aggregated 13F filings for Q2 2020.