State Street SPDR ICE Preferred Securities ETF

PSK

Market cap $702M

PSK Hedge Fund Activity: Q2 2023 in Review

184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2023, worth a combined $334M — down 23% from $430M a quarter earlier.

Sellers outnumbered buyers: 31 funds closed out of PSK and 23 opened new positions — a net loss of 8 holders — while 66 trimmed existing stakes and 51 added.

The largest buyer was Mariner, adding an estimated $15.3M. The largest seller was PFS Investments, exiting entirely with an estimated $33.3M sold.

• 184 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2023, down from 193 in Q1 2023.
• Funds reported $334M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2023, down 23% quarter-over-quarter.
• 23 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2023 and 31 closed out, a net change of -8 holders.
• The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2023 was Mariner, an estimated $15.3M added.
• The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2023 was PFS Investments, an estimated $33.3M sold.

Based on aggregated 13F filings for Q2 2023.