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State Street SPDR ICE Preferred Securities ETF

46 hedge funds and large institutions have $44.6M invested in State Street SPDR ICE Preferred Securities ETF in 2014 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 15 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

233% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 3

18% more funds holding

Funds holding: 3946 (+7)

6% more capital invested

Capital invested by funds: $42.3M → $44.6M (+$2.33M)

0.17% less ownership

Funds ownership: 17.34%17.17% (-0.17%)

7% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 15

Holders
46
Holders Change
+7
Holders Change %
+17.95%
% of All Funds
1.32%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
10
Increased
14
Reduced
15
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$7.16M +$575K +13,288 +9%
State Street
2
State Street
Massachusetts
$5.4M -$655K -15,151 -11%
ARMC
3
American Research & Management Company
Massachusetts
$4.69M +$56.2K +1,300 +1%
Bank of America
4
Bank of America
North Carolina
$4.27M +$525K +12,137 +14%
HW
5
Hancock Whitney
Mississippi
$3.32M +$650K +15,043 +25%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$3.15M +$474K +10,955 +18%
SGAM
7
Steinberg Global Asset Management
Florida
$2.39M -$27.9K -645 -1%
RIA
8
Regal Investment Advisors
Michigan
$2.39M -$5.88K -136 -0.2%
WCM
9
Windsor Capital Management
Arizona
$1.71M +$7.57K +175 +0.4%
U
10
UBS
Switzerland
$1.52M +$116K +2,693 +8%
SF
11
Synovus Financial
Georgia
$995K +$75.9K +1,755 +8%
OIA
12
Optimum Investment Advisors
Illinois
$919K +$205K +4,750 +29%
Chevy Chase Trust
13
Chevy Chase Trust
Maryland
$837K -$22.9K -530 -3%
LPL Financial
14
LPL Financial
California
$685K -$61.1K -1,412 -8%
Susquehanna International Group
15
Susquehanna International Group
Pennsylvania
$626K +$72.4K +1,675 +13%
HIM
16
Hillsdale Investment Management
Ontario, Canada
$546K
Bank of Montreal
17
Bank of Montreal
Ontario, Canada
$477K -$90.8K -2,100 -16%
Cambridge Investment Research Advisors
18
Cambridge Investment Research Advisors
Iowa
$418K -$18.1K -419 -4%
SI
19
SII Investments
Wisconsin
$398K +$64.9K +1,500 +19%
HSA
20
HBK Sorce Advisory
Pennsylvania
$362K -$38.5K -890 -10%
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
$350K +$14.4K +333 +4%
SAM
22
SignalPoint Asset Management
Missouri
$299K -$35.9K -831 -11%
Wells Fargo
23
Wells Fargo
California
$242K -$141K -3,253 -37%
PAG
24
Private Advisor Group
New Jersey
$217K +$215K +4,975 New
NSIM
25
North Star Investment Management
Illinois
$212K +$210K +4,854 New

PSK Hedge Fund Activity: Q2 2014 in Review

46 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2014, worth a combined $44.6M — up 5.5% from $42.3M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new PSK positions and 3 closed out — a net gain of 7 holders — while 14 added to existing stakes and 15 trimmed.

The largest buyer was Hancock Whitney, adding an estimated $650K. The largest seller was Verition Fund Management, exiting entirely with an estimated $1.01M sold.

  • 46 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2014, up from 39 in Q1 2014.
  • Funds reported $44.6M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2014, up 5.5% quarter-over-quarter.
  • 10 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2014 and 3 closed out, a net change of +7 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2014 was Hancock Whitney, an estimated $650K added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2014 was Verition Fund Management, an estimated $1.01M sold.

Based on aggregated 13F filings for Q2 2014.