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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
PFA
76
Pure Financial Advisors
California
$462K +$9.96K +302 +2%
Northwestern Mutual Wealth Management
77
Northwestern Mutual Wealth Management
Wisconsin
$449K +$144K +4,367 +46%
KPWS
78
Kestra Private Wealth Services
Texas
$446K +$148K +4,500 +49%
Renaissance Technologies
79
Renaissance Technologies
New York
$441K -$616K -18,700 -58%
EH
80
Equitable Holdings
New York
$434K +$363 +11 +0.1%
IC
81
Inscription Capital
Texas
$424K
RJA
82
Raymond James & Associates
Florida
$420K +$5.9K +179 +1%
SG
83
Sharper & Granite
California
$419K +$72.5K +2,200 +21%
CCG
84
Chatham Capital Group
Georgia
$374K
ZIM
85
Zacks Investment Management
Illinois
$363K -$523K -15,872 -59%
HGERS
86
Householder Group Estate & Retirement Specialist
Arizona
$358K +$364K +11,038 New
FHA
87
Flagship Harbor Advisors
Massachusetts
$356K -$4.42K -134 -1%
BWA
88
Beam Wealth Advisors
Louisiana
$351K +$297 +9 +0.1%
TCM
89
TD Capital Management
Tennessee
$341K +$3.1K +94 +0.9%
PTC
90
Private Trust Company
Ohio
$340K
KeyBank National Association
91
KeyBank National Association
Ohio
$315K -$11.5K -350 -3%
AWA
92
Artemis Wealth Advisors
New York
$306K
Comerica Bank
93
Comerica Bank
Texas
$296K +$301K +9,127 New
KFI
94
Key Financial Inc
Pennsylvania
$285K -$46.4K -1,406 -14%
GWM
95
Geneos Wealth Management
Colorado
$277K -$11.2K -340 -4%
CA
96
Cetera Advisors
Colorado
$276K +$281K +8,509 New
SWP
97
Stratos Wealth Partners
Ohio
$260K -$43.3K -1,314 -14%
EA
98
Eclectic Associates
California
$260K
M&T Bank
99
M&T Bank
New York
$260K
US Bancorp
100
US Bancorp
Minnesota
$256K +$164K +4,962 +169%

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.