State Street SPDR ICE Preferred Securities ETF
PSK
167 hedge funds and large institutions have $312M invested in State Street SPDR ICE Preferred Securities ETF in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 60 reducing their positions, and 27 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
4.58% less ownership
Funds ownership: 42.57% → 37.99% (-4.6%)
6% less funds holding
Funds holding: 178 → 167 (-11)
11% less capital invested
Capital invested by funds: $352M → $312M (-$40M)
27% less repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 60
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$3.73M |
| 2 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$2.11M |
| 3 |
PAS
Park Avenue Securities
New York
|
+$2.05M |
| 4 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$1.41M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$15.9M |
| 2 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$12.3M |
| 3 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$6.6M |
| 4 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
-$5.15M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$5.11M |
PSK Hedge Fund Activity: Q1 2024 in Review
167 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2024, worth a combined $312M — down 11% from $352M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PSK and 19 opened new positions — a net loss of 8 holders — while 60 trimmed existing stakes and 44 added.
The largest buyer was Mercer Global Advisors, adding an estimated $3.73M. The largest seller was Morgan Stanley, cutting an estimated $15.9M.
- 167 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2024, down from 178 in Q4 2023.
- Funds reported $312M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2024, down 11% quarter-over-quarter.
- 19 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2024 and 27 closed out, a net change of -8 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2024 was Mercer Global Advisors, an estimated $3.73M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2024 was Morgan Stanley, an estimated $15.9M sold.
Based on aggregated 13F filings for Q1 2024.