State Street SPDR ICE Preferred Securities ETF
PSK
184 hedge funds and large institutions have $334M invested in State Street SPDR ICE Preferred Securities ETF in 2023 Q2 according to their latest regulatory filings, with 23 funds opening new positions, 51 increasing their positions, 66 reducing their positions, and 31 closing their positions.
5% less funds holding
Funds holding: 193 → 184 (-9)
5.6% less ownership
Funds ownership: 43.43% → 37.83% (-5.6%)
23% less capital invested
Capital invested by funds: $430M → $334M (-$96.9M)
23% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 66
26% less first-time investments, than exits
New positions opened: 23 | Existing positions closed: 31
29% less funds holding in top 10
Funds holding in top 10: 7 → 5 (-2)
98% less call options, than puts
Call options by funds: $20K | Put options by funds: $1.01M
Top Buyers
| 1 |
Mariner
Overland Park,
Kansas
|
+$15.3M |
| 2 |
Jane Street
New York
|
+$3.55M |
| 3 |
Morgan Stanley
New York
|
+$1.44M |
| 4 |
PAS
Park Avenue Securities
New York
|
+$917K |
| 5 |
JP Morgan Chase
New York
|
+$911K |
Top Sellers
PSK Hedge Fund Activity: Q2 2023 in Review
184 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2023, worth a combined $334M — down 23% from $430M a quarter earlier.
Sellers outnumbered buyers: 31 funds closed out of PSK and 23 opened new positions — a net loss of 8 holders — while 66 trimmed existing stakes and 51 added.
The largest buyer was Mariner, adding an estimated $15.3M. The largest seller was PFS Investments, exiting entirely with an estimated $33.3M sold.
- 184 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2023, down from 193 in Q1 2023.
- Funds reported $334M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2023, down 23% quarter-over-quarter.
- 23 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2023 and 31 closed out, a net change of -8 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2023 was Mariner, an estimated $15.3M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2023 was PFS Investments, an estimated $33.3M sold.
Based on aggregated 13F filings for Q2 2023.