State Street SPDR ICE Preferred Securities ETF

PSK

Market cap $697M

PSK Hedge Fund Activity: Q4 2018 in Review

124 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2018, worth a combined $245M — down 12% from $280M a quarter earlier.

Buyers outnumbered sellers: 42 funds opened new PSK positions and 21 closed out — a net gain of 21 holders — while 28 added to existing stakes and 37 trimmed.

The largest buyer was Gradient Investments, adding an estimated $18.4M. The largest seller was State Street, cutting an estimated $34.7M.

• 124 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2018, up from 104 in Q3 2018.
• Funds reported $245M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2018, down 12% quarter-over-quarter.
• 42 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2018 and 21 closed out, a net change of +21 holders.
• The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2018 was Gradient Investments, an estimated $18.4M added.
• The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2018 was State Street, an estimated $34.7M sold.

Based on aggregated 13F filings for Q4 2018.