State Street SPDR ICE Preferred Securities ETF
PSK
124 hedge funds and large institutions have $245M invested in State Street SPDR ICE Preferred Securities ETF in 2018 Q4 according to their latest regulatory filings, with 42 funds opening new positions, 28 increasing their positions, 37 reducing their positions, and 21 closing their positions.
100% more first-time investments, than exits
New positions opened: 42 | Existing positions closed: 21
19% more funds holding
Funds holding: 104 → 124 (+20)
0.42% more ownership
Funds ownership: 54.9% → 55.32% (+0.42%)
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
12% less capital invested
Capital invested by funds: $280M → $245M (-$34.8M)
24% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$18.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.62M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$7.08M |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
+$3.51M |
| 5 |
RWM
Ritholtz Wealth Management
New York
|
+$3.09M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$34.7M |
| 2 |
CWSR
Chessman Wealth Strategies RIA
Dallas,
Texas
|
-$10.3M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$8.93M |
| 4 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$8.01M |
| 5 |
Morgan Stanley
New York
|
-$6.87M |
PSK Hedge Fund Activity: Q4 2018 in Review
124 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2018, worth a combined $245M — down 12% from $280M a quarter earlier.
Buyers outnumbered sellers: 42 funds opened new PSK positions and 21 closed out — a net gain of 21 holders — while 28 added to existing stakes and 37 trimmed.
The largest buyer was Gradient Investments, adding an estimated $18.4M. The largest seller was State Street, cutting an estimated $34.7M.
- 124 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2018, up from 104 in Q3 2018.
- Funds reported $245M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2018, down 12% quarter-over-quarter.
- 42 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2018 and 21 closed out, a net change of +21 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2018 was Gradient Investments, an estimated $18.4M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2018 was State Street, an estimated $34.7M sold.
Based on aggregated 13F filings for Q4 2018.