State Street SPDR ICE Preferred Securities ETF
PSK
134 hedge funds and large institutions have $277M invested in State Street SPDR ICE Preferred Securities ETF in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 11 closing their positions.
100% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 11
13% more capital invested
Capital invested by funds: $245M → $277M (+$31.6M)
8% more funds holding
Funds holding: 124 → 134 (+10)
7% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 42
2.33% less ownership
Funds ownership: 55.32% → 52.99% (-2.3%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.51M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$5.91M |
| 3 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$4.41M |
| 4 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$3.64M |
| 5 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
+$3.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$9.09M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.02M |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$3.07M |
| 4 |
RWM
Ritholtz Wealth Management
New York
|
-$2.55M |
| 5 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$2.25M |
PSK Hedge Fund Activity: Q1 2019 in Review
134 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2019, worth a combined $277M — up 13% from $245M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new PSK positions and 11 closed out — a net gain of 11 holders — while 39 added to existing stakes and 42 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $9.51M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $9.09M.
- 134 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2019, up from 124 in Q4 2018.
- Funds reported $277M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2019, up 13% quarter-over-quarter.
- 22 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2019 and 11 closed out, a net change of +11 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2019 was Envestnet Asset Management, an estimated $9.51M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $9.09M sold.
Based on aggregated 13F filings for Q1 2019.