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State Street SPDR ICE Preferred Securities ETF

170 hedge funds and large institutions have $350M invested in State Street SPDR ICE Preferred Securities ETF in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 67 reducing their positions, and 26 closing their positions.

New
Increased
Maintained
Reduced
Closed

4.17% more ownership

Funds ownership: 37.83%42% (+4.2%)

5% more capital invested

Capital invested by funds: $334M → $350M (+$16.1M)

0% more funds holding in top 10

Funds holding in top 10: 55 (0)

8% less funds holding

Funds holding: 184170 (-14)

39% less repeat investments, than reductions

Existing positions increased: 41 | Existing positions reduced: 67

42% less first-time investments, than exits

New positions opened: 15 | Existing positions closed: 26

98% less call options, than puts

Call options by funds: $19K | Put options by funds: $824K

Holders
170
Holders Change
-14
Holders Change %
-7.61%
% of All Funds
2.7%
Holding in Top 10
5
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.08%
New
15
Increased
41
Reduced
67
Closed
26
Calls
$19K
Puts
$824K
Net Calls
-$805K
Net Calls Change
+$188K
Name Holding Trade Value Shares
Change
Change in
Stake
IIA
176
IPG Investment Advisors
California
-$216K -6,450 Closed
BWFA
177
Baltimore-Washington Financial Advisors
Maryland
-$208K -6,214 Closed
TSS
178
Two Sigma Securities
New York
-$205K -6,124 Closed
AA
179
Advisory Alpha
Michigan
-$204K -6,090 Closed
BlackRock
180
BlackRock
New York
-$152K -4,532 Closed
DI
181
Disciplined Investments
Oklahoma
-$147K -4,394 Closed
WAM
182
Worth Asset Management
Texas
-$108K -3,230 Closed
ACA
183
Aptus Capital Advisors
Alabama
-$100K -3,000 Closed
GWANC
184
Guardian Wealth Advisors (North Carolina)
North Carolina
-$100K -3,000 Closed
CM
185
Cercano Management
Washington
-$88.5K -2,644 Closed
AC
186
AlphaCore Capital
California
-$60.2K -1,800 Closed
SC
187
SouthState Corp
Florida
-$56.5K -1,689 Closed
RI
188
Ridgewood Investments
New Jersey
-$35.5K -1,060 Closed
CBT
189
CoreFirst Bank & Trust
Kansas
-$23.5K -703 Closed
FBC
190
Fairfield, Bush & Co
Connecticut
-$15.6K -466 Closed
William Blair & Company
191
William Blair & Company
Illinois
-$14.4K -430 Closed
UB
192
UMB Bank
Missouri
-$13.4K -400 Closed
PGAM
193
Princeton Global Asset Management
New Jersey
-$8.4K -251 Closed
IGWM
194
ICA Group Wealth Management
Colorado
-$6.89K -206 Closed
TRCT
195
Tower Research Capital (TRC)
New York
-$502 -15 Closed

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.