State Street SPDR ICE Preferred Securities ETF
PSK
170 hedge funds and large institutions have $436M invested in State Street SPDR ICE Preferred Securities ETF in 2020 Q3 according to their latest regulatory filings, with 30 funds opening new positions, 64 increasing their positions, 43 reducing their positions, and 10 closing their positions.
200% more first-time investments, than exits
New positions opened: 30 | Existing positions closed: 10
49% more repeat investments, than reductions
Existing positions increased: 64 | Existing positions reduced: 43
13% more funds holding
Funds holding: 150 → 170 (+20)
11% more capital invested
Capital invested by funds: $391M → $436M (+$44.7M)
0.24% more ownership
Funds ownership: 42.68% → 42.92% (+0.24%)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$10.2M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$5.98M |
| 3 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
+$4.26M |
| 4 |
MAFM
Mid Atlantic Financial Management
Pittsburgh,
Pennsylvania
|
+$3.09M |
| 5 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$2.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
State Street
Boston,
Massachusetts
|
-$7.59M |
| 2 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$7.47M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$3.23M |
| 4 |
TFA
Transamerica Financial Advisors
St. Petersburg,
Florida
|
-$3.03M |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
-$2.97M |
PSK Hedge Fund Activity: Q3 2020 in Review
170 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2020, worth a combined $436M — up 11% from $391M a quarter earlier.
Buyers outnumbered sellers: 30 funds opened new PSK positions and 10 closed out — a net gain of 20 holders — while 64 added to existing stakes and 43 trimmed.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $10.2M. The largest seller was State Street, cutting an estimated $7.59M.
- 170 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2020, up from 150 in Q2 2020.
- Funds reported $436M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2020, up 11% quarter-over-quarter.
- 30 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2020 and 10 closed out, a net change of +20 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2020 was Qube Research & Technologies (QRT), an estimated $10.2M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2020 was State Street, an estimated $7.59M sold.
Based on aggregated 13F filings for Q3 2020.