State Street SPDR ICE Preferred Securities ETF
PSK
91 hedge funds and large institutions have $183M invested in State Street SPDR ICE Preferred Securities ETF in 2017 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 30 increasing their positions, 25 reducing their positions, and 13 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 25
1% less capital invested
Capital invested by funds: $185M → $183M (-$1.74M)
3.49% less ownership
Funds ownership: 53.01% → 49.51% (-3.5%)
5% less funds holding
Funds holding: 96 → 91 (-5)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
+$9.29M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$7.81M |
| 3 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
+$2.84M |
| 4 |
Jane Street
New York
|
+$1.58M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$969K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MML Investors Services
Springfield,
Massachusetts
|
-$7.24M |
| 2 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
-$5.34M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$4.6M |
| 4 |
Morgan Stanley
New York
|
-$1.85M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.73M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
101
Next Financial Group
Houston,
Texas
| – | -$5K | -115 | Closed |
|
|
NA
102
NewEdge Advisors
New Orleans,
Louisiana
| – | -$1.85K | -41 | Closed |
|
103
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$1K | -15 | Closed |
|
PSK Hedge Fund Activity: Q3 2017 in Review
91 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2017, worth a combined $183M — down 0.94% from $185M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of PSK and 9 opened new positions — a net loss of 4 holders — while 25 trimmed existing stakes and 30 added.
The largest buyer was State Street, adding an estimated $9.29M. The largest seller was MML Investors Services, cutting an estimated $7.24M.
- 91 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2017, down from 96 in Q2 2017.
- Funds reported $183M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2017, down 0.94% quarter-over-quarter.
- 9 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2017 and 13 closed out, a net change of -4 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2017 was State Street, an estimated $9.29M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2017 was MML Investors Services, an estimated $7.24M sold.
Based on aggregated 13F filings for Q3 2017.