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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
OMC
101
Old Mission Capital
Illinois
$254K +$258K +7,813 New
DC
102
Davenport & Co
Virginia
$247K -$160K -4,846 -39%
SWP
103
Strategic Wealth Partners
Ohio
$236K +$33 +1 +0%
APW
104
Austin Private Wealth
Texas
$235K -$45.4K -1,376 -16%
Wealthfront Advisers
105
Wealthfront Advisers
California
$225K -$7.25K -220 -3%
1IA
106
1834 Investment Advisors
Wisconsin
$220K -$3.33K -101 -1%
MFA
107
Mayflower Financial Advisors
Massachusetts
$215K
HAG
108
HF Advisory Group
Maryland
$213K +$9.43K +286 +5%
TCM
109
Tradewinds Capital Management
Washington
$173K
GI
110
Gradient Investments
Minnesota
$139K -$7.85K -238 -5%
LWA
111
Lowe Wealth Advisors
Maryland
$115K -$7.75K -235 -6%
RIA
112
Realta Investment Advisors
Delaware
$105K
WOSD
113
WFA of San Diego
California
$101K
JPWM
114
Jamison Private Wealth Management
Georgia
$101K +$102K +3,100 New
IHWM
115
Iron Horse Wealth Management
Iowa
$83.4K
SS
116
Sunbelt Securities
Texas
$74.6K
NSG
117
Nalls Sherbakoff Group
Tennessee
$73.3K
BWM
118
Baystate Wealth Management
Massachusetts
$65.6K
Citadel Advisors
119
Citadel Advisors
Florida
$64.1K +$17.2K +521 +36%
GWSG
120
GPS Wealth Strategies Group
Colorado
$63.6K
NS
121
NBC Securities
Alabama
$60K +$61.4K +1,863 New
PP
122
Prudential plc
United Kingdom
$58.4K
GJIA
123
Glass Jacobson Investment Advisors
Maryland
$56K
SA
124
SRH Advisors
Kansas
$52.6K
TLA
125
Tanglewood Legacy Advisors
Texas
$52K

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.