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State Street SPDR ICE Preferred Securities ETF

104 hedge funds and large institutions have $280M invested in State Street SPDR ICE Preferred Securities ETF in 2018 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 36 increasing their positions, 28 reducing their positions, and 19 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more funds holding in top 10

Funds holding in top 10: 13 (+2)

29% more repeat investments, than reductions

Existing positions increased: 36 | Existing positions reduced: 28

13% more capital invested

Capital invested by funds: $248M → $280M (+$32.3M)

4% less funds holding

Funds holding: 108104 (-4)

4.15% less ownership

Funds ownership: 59.05%54.9% (-4.2%)

16% less first-time investments, than exits

New positions opened: 16 | Existing positions closed: 19

Holders
104
Holders Change
-4
Holders Change %
-3.7%
% of All Funds
2.38%
Holding in Top 10
3
Holding in Top 10 Change
+2
Holding in Top 10 Change %
+200%
% of All Funds
0.07%
New
16
Increased
36
Reduced
28
Closed
19
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KF
101
Krilogy Financial
Missouri
$3K +$3.15K +73 New
ADL
102
Asset Dedication LLC
California
$1K
FRA
103
Front Row Advisors
California
$9
Millennium Management
104
Millennium Management
New York
-$4.09M -94,156 Closed
AA
105
Advisory Alpha
Michigan
-$1.54M -35,630 Closed
Renaissance Technologies
106
Renaissance Technologies
New York
-$793K -18,239 Closed
CAN
107
Cetera Advisor Networks
California
-$637K -14,683 Closed
Jane Street
108
Jane Street
New York
-$363K -8,360 Closed
RWP
109
RWA Wealth Partners
Massachusetts
-$276K -6,360 Closed
FAAS
110
First Allied Advisory Services
California
-$269K -6,172 Closed
CF
111
Centaurus Financial
California
-$213K -4,896 Closed
PAG
112
Private Advisory Group
Washington
-$207K -4,756 Closed
SEI Investments
113
SEI Investments
Pennsylvania
-$34K -772 Closed
AWA
114
Acorn Wealth Advisors
Michigan
-$28K -648 Closed
JFA
115
JNBA Financial Advisors
Minnesota
-$22K -500 Closed
RCAG
116
Rehmann Capital Advisory Group
Michigan
-$21.5K -494 Closed
Deutsche Bank
117
Deutsche Bank
Germany
-$19K -440 Closed
CIBC Private Wealth Group
118
CIBC Private Wealth Group
Georgia
-$17K -380 Closed
SFM
119
Signet Financial Management
New Jersey
-$10K -234 Closed
Toronto Dominion Bank
120
Toronto Dominion Bank
Ontario, Canada
-$6K -136 Closed
TCOV
121
Trust Company of Vermont
Vermont
-$3K -73 Closed
PFA
122
Pathway Financial Advisors
Vermont
-$2K -35 Closed
Fidelity Investments
123
Fidelity Investments
Massachusetts
+$43 +1 New

PSK Hedge Fund Activity: Q3 2018 in Review

104 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2018, worth a combined $280M — up 13% from $248M a quarter earlier.

Sellers outnumbered buyers: 19 funds closed out of PSK and 16 opened new positions — a net loss of 3 holders — while 28 trimmed existing stakes and 36 added.

The largest buyer was State Street, adding an estimated $24.3M. The largest seller was Gradient Investments, cutting an estimated $15.1M.

  • 104 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2018, down from 108 in Q2 2018.
  • Funds reported $280M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2018, up 13% quarter-over-quarter.
  • 16 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2018 and 19 closed out, a net change of -3 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2018 was State Street, an estimated $24.3M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2018 was Gradient Investments, an estimated $15.1M sold.

Based on aggregated 13F filings for Q3 2018.