State Street SPDR ICE Preferred Securities ETF

PSK

Market cap $702M

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.