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State Street SPDR ICE Preferred Securities ETF

197 hedge funds and large institutions have $517M invested in State Street SPDR ICE Preferred Securities ETF in 2021 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 78 increasing their positions, 58 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

34% more repeat investments, than reductions

Existing positions increased: 78 | Existing positions reduced: 58

25% more funds holding in top 10

Funds holding in top 10: 45 (+1)

4% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 26

2% less funds holding

Funds holding: 200197 (-3)

7.85% less ownership

Funds ownership: 46.33%38.48% (-7.9%)

9% less capital invested

Capital invested by funds: $568M → $517M (-$51.5M)

Holders
197
Holders Change
-3
Holders Change %
-1.5%
% of All Funds
3.46%
Holding in Top 10
5
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+25%
% of All Funds
0.09%
New
25
Increased
78
Reduced
58
Closed
26
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
76
Goldman Sachs
New York
$968K +$46K +1,066 +5%
BFS
77
Bard Financial Services
Connecticut
$939K
Creative Planning
78
Creative Planning
Kansas
$913K +$21.8K +506 +2%
SW
79
SVB Wealth
Massachusetts
$883K +$75.8K +1,758 +9%
IWC
80
Integrated Wealth Concepts
Massachusetts
$873K +$128K +2,975 +17%
PP
81
Prudential plc
United Kingdom
$869K -$1.73M -40,000 -67%
SMG
82
Smart Money Group
Texas
$849K +$843K +19,543 New
SAS
83
Sage Advisory Services
Texas
$847K -$5.27M -122,253 -86%
NFG
84
Next Financial Group
Texas
$839K +$56.8K +1,316 +7%
GWM
85
Geneos Wealth Management
Colorado
$824K -$64.4K -1,492 -7%
HCM
86
Hilton Capital Management
New York
$811K +$806K +18,685 New
PAMG
87
Patton Albertson Miller Group
Tennessee
$707K -$17.3K -400 -2%
MFGM
88
Marshall Financial Group (Maryland)
Maryland
$676K -$54.2K -1,256 -7%
AWM
89
AE Wealth Management
Kansas
$653K -$33.7K -781 -5%
QCM
90
Quest Capital Management
Texas
$620K +$431 +10 +0.1%
DI
91
DFPG Investments
Utah
$600K -$73.2K -1,696 -11%
RJA
92
Raymond James & Associates
Florida
$590K -$1.93M -44,790 -77%
RRWA
93
Rainey & Randall Wealth Advisors
Florida
$580K
FHA
94
First Horizon Advisors
Tennessee
$579K +$576K +13,354 New
PAG
95
Private Advisor Group
New Jersey
$558K +$266K +6,175 +93%
BJL
96
Brighton Jones LLC
Washington
$523K +$4.23K +98 +0.8%
BRWA
97
B. Riley Wealth Advisors
Florida
$481K +$62K +1,437 +15%
ARMC
98
American Research & Management Company
Massachusetts
$476K -$38.8K -900 -8%
Baird Financial Group
99
Baird Financial Group
Wisconsin
$471K +$48.7K +1,128 +12%
FAIM
100
Financial Advocates Investment Management
Washington
$461K +$458K +10,609 New

PSK Hedge Fund Activity: Q1 2021 in Review

197 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2021, worth a combined $517M — down 9.1% from $568M a quarter earlier.

Sellers outnumbered buyers: 26 funds closed out of PSK and 25 opened new positions — a net loss of 1 holder — while 58 trimmed existing stakes and 78 added.

The largest buyer was Tradewinds Capital Management, opening a new position worth an estimated $24M. The largest seller was State Street, cutting an estimated $28.3M.

  • 197 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2021, down from 200 in Q4 2020.
  • Funds reported $517M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2021, down 9.1% quarter-over-quarter.
  • 25 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2021 and 26 closed out, a net change of -1 holder.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2021 was Tradewinds Capital Management, an estimated $24M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2021 was State Street, an estimated $28.3M sold.

Based on aggregated 13F filings for Q1 2021.