State Street SPDR ICE Preferred Securities ETF
PSK
108 hedge funds and large institutions have $171M invested in State Street SPDR ICE Preferred Securities ETF in 2018 Q1 according to their latest regulatory filings, with 16 funds opening new positions, 30 increasing their positions, 34 reducing their positions, and 25 closing their positions.
0.43% less ownership
Funds ownership: 51.58% → 51.14% (-0.43%)
8% less funds holding
Funds holding: 118 → 108 (-10)
12% less repeat investments, than reductions
Existing positions increased: 30 | Existing positions reduced: 34
19% less capital invested
Capital invested by funds: $211M → $171M (-$39.8M)
36% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 25
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$12.1M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$8.06M |
| 3 |
LWS
Lucia Wealth Services
San Diego,
California
|
+$3.59M |
| 4 |
SWP
Strategic Wealth Partners
Independence,
Ohio
|
+$1.8M |
| 5 |
Millennium Management
New York
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$29.9M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$8.25M |
| 3 |
Morgan Stanley
New York
|
-$8.24M |
| 4 |
VFA
Voya Financial Advisors
Windsor,
Connecticut
|
-$3.24M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.46M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GSC
126
G&S Capital
Denver,
Colorado
| – | -$41K | -920 | Closed |
|
|
CHC
127
City Holding Co
Charleston,
West Virginia
| – | -$15K | -330 | Closed |
|
|
SIAS
128
Shine Investment Advisory Services
Lone Tree,
Colorado
| – | -$8K | -185 | Closed |
|
|
AFNAS
129
American Financial Network Advisory Services
Calabasas,
California
| – | -$7K | -150 | Closed |
|
130
Manulife (Manufacturers Life Insurance)
Canada,
Ontario, Canada
| – | -$7K | -148 | Closed |
|
|
LA
131
Legacy Advisors
Plymouth Meeting,
Pennsylvania
| – | -$5K | -115 | Closed |
|
|
CA
132
Calton & Associates
Tampa,
Florida
| – | -$2K | -66 | Closed |
|
|
VIA
133
Vantage Investment Advisors
State College,
Pennsylvania
| – | -$1K | -29 | Closed |
|
PSK Hedge Fund Activity: Q1 2018 in Review
108 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2018, worth a combined $171M — down 19% from $211M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of PSK and 16 opened new positions — a net loss of 9 holders — while 34 trimmed existing stakes and 30 added.
The largest buyer was Gradient Investments, adding an estimated $12.1M. The largest seller was State Street, cutting an estimated $29.9M.
- 108 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2018, down from 118 in Q4 2017.
- Funds reported $171M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2018, down 19% quarter-over-quarter.
- 16 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2018 and 25 closed out, a net change of -9 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2018 was Gradient Investments, an estimated $12.1M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2018 was State Street, an estimated $29.9M sold.
Based on aggregated 13F filings for Q1 2018.