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State Street SPDR ICE Preferred Securities ETF

170 hedge funds and large institutions have $350M invested in State Street SPDR ICE Preferred Securities ETF in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 67 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.17% more ownership

Funds ownership: 37.83%42% (+4.2%)

5% more capital invested

Capital invested by funds: $334M → $350M (+$16.1M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less funds holding

Funds holding: 184170 (-14)

39% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 67

42% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 26

98% less call options, than puts

Call options by funds: $19K | Put options by funds: $824K

Holders
170
Holders Change
-14
Holders Change %
-7.61%
% of All Funds
2.7%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
15
Increased
41
Reduced
67
Closed
26
Calls
$19K
Puts
$824K
Net Calls
-$805K
Net Calls Change
+$188K
Name Holding Trade Value Shares
Change
Change in
Stake
Lido Advisors
26
Lido Advisors
California
$3.44M -$363K -11,011 -9%
IRC
27
Investors Research Corp
Georgia
$3.22M -$219K -6,653 -6%
SAS
28
Sage Advisory Services
Texas
$2.79M
BCI
29
Brinker Capital Investments
Pennsylvania
$2.22M -$106K -3,228 -5%
OPS
30
Orion Portfolio Solutions
Nebraska
$2.22M -$106K -3,228 -5%
WAP
31
Wealthcare Advisory Partners
Pennsylvania
$2.19M -$87.6K -2,658 -4%
TPWM
32
Twelve Points Wealth Management
Massachusetts
$1.81M +$193K +5,843 +12%
AAS
33
Ameritas Advisory Services
Nebraska
$1.78M +$1.81M +54,874 New
NHT
34
New Hampshire Trust
New Hampshire
$1.77M -$592K -17,951 -25%
SF
35
Synovus Financial
Georgia
$1.61M -$137K -4,160 -8%
Baird Financial Group
36
Baird Financial Group
Wisconsin
$1.58M -$285K -8,647 -15%
PAG
37
Powers Advisory Group
Illinois
$1.54M -$11.9K -362 -0.8%
NRI
38
NFP Retirement Inc
California
$1.52M +$10K +304 +0.7%
Bank of Montreal
39
Bank of Montreal
Ontario, Canada
$1.48M -$13.1K -397 -0.9%
AF
40
Allworth Financial
California
$1.41M -$47.6K -1,443 -3%
MHR
41
Matthew Hamilton Rosenberg
$1.37M -$56.6K -1,716 -4%
Susquehanna International Group
42
Susquehanna International Group
Pennsylvania
$1.36M +$580K +17,584 +73%
ML
43
McAdam LLC
Pennsylvania
$1.35M +$100K +3,040 +8%
State Street
44
State Street
Massachusetts
$1.34M +$8.8K +267 +0.7%
RJFSA
45
Raymond James Financial Services Advisors
Florida
$1.3M -$6.53M -198,133 -83%
PAG
46
Private Advisor Group
New Jersey
$1.24M +$7.88K +239 +0.6%
BST
47
Bath Savings Trust
Maine
$1.2M -$123K -3,735 -9%
Osaic Holdings
48
Osaic Holdings
Arizona
$1.12M -$612K -18,555 -35%
SP
49
SWS Partners
Ohio
$1.09M +$5.41K +164 +0.5%
Commonwealth Equity Services
50
Commonwealth Equity Services
Massachusetts
$1.03M -$61.2K -1,857 -6%

PSK Hedge Fund Activity: Q3 2023 in Review

170 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2023, worth a combined $350M — up 4.8% from $334M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of PSK and 15 opened new positions — a net loss of 11 holders — while 67 trimmed existing stakes and 41 added.

The largest buyer was Financial Counselors Inc, opening a new position worth an estimated $40.2M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.53M.

  • 170 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2023, down from 184 in Q2 2023.
  • Funds reported $350M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2023, up 4.8% quarter-over-quarter.
  • 15 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2023 and 26 closed out, a net change of -11 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2023 was Financial Counselors Inc, an estimated $40.2M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $6.53M sold.

Based on aggregated 13F filings for Q3 2023.