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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
Cambridge Investment Research Advisors
51
Cambridge Investment Research Advisors
Iowa
$953K -$112K -3,384 -10%
UAS
52
United Asset Strategies
New York
$944K -$3.36K -102 -0.3%
TC
53
TownSquare Capital
Utah
$927K -$58.5K -1,773 -6%
JP Morgan Chase
54
JP Morgan Chase
New York
$863K -$22.5K -683 -3%
TB
55
Treynor Bancshares
Iowa
$830K +$58.4K +1,772 +7%
1WM
56
1900 Wealth Management
Texas
$829K -$16.9K -514 -2%
DI
57
Diligent Investors
California
$821K -$2.47K -75 -0.3%
NA
58
NewEdge Advisors
Louisiana
$800K +$122K +3,710 +18%
XF
59
XML Financial
Maryland
$784K -$21K -636 -3%
WIA
60
World Investment Advisors
California
$773K
Jane Street
61
Jane Street
New York
$739K -$3.29M -99,918 -81%
MML Investors Services
62
MML Investors Services
Massachusetts
$708K -$326K -9,874 -31%
SW
63
SVB Wealth
Massachusetts
$703K -$741K -22,466 -51%
CA
64
CGN Advisors
Kansas
$640K -$3.56K -108 -0.5%
HAC
65
Harbor Advisory Corp
New Hampshire
$639K
AWM
66
Apollon Wealth Management
South Carolina
$639K -$462 -14 -0.1%
CAN
67
Cetera Advisor Networks
California
$622K -$29.6K -899 -4%
WWG
68
West Wealth Group
California
$607K -$17.3K -525 -3%
FWP
69
Falcon Wealth Planning
California
$600K +$249K +7,565 +69%
BRWA
70
B. Riley Wealth Advisors
Florida
$525K -$1.12M -33,897 -68%
FI
71
Financial Insights
Washington
$486K -$527 -16 -0.1%
Mercer Global Advisors
72
Mercer Global Advisors
Colorado
$484K +$725 +22 +0.1%
WANY
73
Wealthspire Advisors (New York)
New York
$481K +$7.88K +239 +2%
NB
74
NBT Bank
New York
$479K +$55.7K +1,690 +13%
CAG
75
Crestwood Advisors Group
Massachusetts
$477K +$485K +14,700 New

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.