State Street SPDR ICE Preferred Securities ETF
PSK
50 hedge funds and large institutions have $48.3M invested in State Street SPDR ICE Preferred Securities ETF in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
9% more funds holding
Funds holding: 46 → 50 (+4)
8% more capital invested
Capital invested by funds: $44.6M → $48.3M (+$3.69M)
1.96% more ownership
Funds ownership: 17.17% → 19.13% (+2%)
0% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$1.5M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$1.42M |
| 3 |
SGAM
Steinberg Global Asset Management
Boca Raton,
Florida
|
+$1.22M |
| 4 |
NFG
Next Financial Group
Houston,
Texas
|
+$830K |
| 5 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
+$774K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.71M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$626K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$135K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$102K |
| 5 |
U
UBS
Zurich,
Switzerland
|
-$61.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
51
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$626K | -14,352 | Closed |
|
|
LTFS
52
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$14K | -310 | Closed |
|
|
GSC
53
Ground Swell Capital
Folly Beach,
South Carolina
| – | -$7K | -150 | Closed |
|
|
BRWA
54
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$4.37K | -100 | Closed |
|
PSK Hedge Fund Activity: Q3 2014 in Review
50 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2014, worth a combined $48.3M — up 8.3% from $44.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new PSK positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 16 trimmed.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $1.5M. The largest seller was Royal Bank of Canada, cutting an estimated $2.71M.
- 50 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2014, up from 46 in Q2 2014.
- Funds reported $48.3M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2014, up 8.3% quarter-over-quarter.
- 8 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2014 and 4 closed out, a net change of +4 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2014 was Virtu KCG Holdings, an estimated $1.5M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2014 was Royal Bank of Canada, an estimated $2.71M sold.
Based on aggregated 13F filings for Q3 2014.