State Street SPDR ICE Preferred Securities ETF
PSK
76 hedge funds and large institutions have $229M invested in State Street SPDR ICE Preferred Securities ETF in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 36 increasing their positions, 18 reducing their positions, and 2 closing their positions.
600% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 36 | Existing positions reduced: 18
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
19% more funds holding
Funds holding: 64 → 76 (+12)
12% more capital invested
Capital invested by funds: $204M → $229M (+$24.8M)
1.3% less ownership
Funds ownership: 42.58% → 41.28% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$11.7M |
| 2 |
State Street
Boston,
Massachusetts
|
+$5.85M |
| 3 |
Morgan Stanley
New York
|
+$4.08M |
| 4 |
SI
Stephens Inc
Little Rock,
Arkansas
|
+$2.36M |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$7.76M |
| 2 |
LPL Financial
San Diego,
California
|
-$3.61M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$2.72M |
| 4 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$2.17M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$517K |
PSK Hedge Fund Activity: Q2 2016 in Review
76 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2016, worth a combined $229M — up 12% from $204M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new PSK positions and 2 closed out — a net gain of 12 holders — while 36 added to existing stakes and 18 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $11.7M. The largest seller was Transamerica Financial Advisors, cutting an estimated $7.76M.
- 76 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2016, up from 64 in Q1 2016.
- Funds reported $229M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2016, up 12% quarter-over-quarter.
- 14 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2016 and 2 closed out, a net change of +12 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2016 was Charles Schwab Investment Advisory, an estimated $11.7M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2016 was Transamerica Financial Advisors, an estimated $7.76M sold.
Based on aggregated 13F filings for Q2 2016.