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State Street SPDR ICE Preferred Securities ETF

50 hedge funds and large institutions have $48.3M invested in State Street SPDR ICE Preferred Securities ETF in 2014 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 16 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

9% more funds holding

Funds holding: 4650 (+4)

8% more capital invested

Capital invested by funds: $44.6M → $48.3M (+$3.69M)

1.96% more ownership

Funds ownership: 17.17%19.13% (+2%)

0% more repeat investments, than reductions

Existing positions increased: 16 | Existing positions reduced: 16

Holders
50
Holders Change
+4
Holders Change %
+8.7%
% of All Funds
1.45%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
8
Increased
16
Reduced
16
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$7.23M +$90.5K +2,072 +1%
State Street
2
State Street
Massachusetts
$5.91M +$525K +12,010 +10%
ARMC
3
American Research & Management Company
Massachusetts
$4.65M -$28.4K -650 -0.6%
Bank of America
4
Bank of America
North Carolina
$4.29M +$42.8K +980 +1%
RIA
5
Regal Investment Advisors
Michigan
$3.8M +$1.42M +32,490 +59%
SGAM
6
Steinberg Global Asset Management
Florida
$3.6M +$1.22M +27,850 +51%
HW
7
Hancock Whitney
Mississippi
$3.31M
WCM
8
Windsor Capital Management
Arizona
$1.75M +$51.8K +1,187 +3%
VKH
9
Virtu KCG Holdings
New York
$1.49M +$1.5M +34,331 New
U
10
UBS
Switzerland
$1.46M -$61.1K -1,400 -4%
SF
11
Synovus Financial
Georgia
$1.17M +$183K +4,191 +18%
OIA
12
Optimum Investment Advisors
Illinois
$925K +$8.73K +200 +0.9%
Chevy Chase Trust
13
Chevy Chase Trust
Maryland
$829K -$5.46K -125 -0.7%
NFG
14
Next Financial Group
Texas
$827K +$830K +19,008 New
LPL Financial
15
LPL Financial
California
$782K +$103K +2,352 +15%
LPT
16
Legacy Private Trust
Wisconsin
$772K +$774K +17,732 New
SI
17
SII Investments
Wisconsin
$667K +$262K +6,000 +65%
HIM
18
Hillsdale Investment Management
Ontario, Canada
$544K
Bank of Montreal
19
Bank of Montreal
Ontario, Canada
$469K -$6.55K -150 -1%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$445K -$2.71M -61,998 -86%
NSIM
21
North Star Investment Management
Illinois
$425K +$215K +4,916 +101%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$424K +$7.12K +163 +2%
Commonwealth Equity Services
23
Commonwealth Equity Services
Massachusetts
$393K +$44.2K +1,013 +13%
SAM
24
SignalPoint Asset Management
Missouri
$354K +$56.6K +1,297 +19%
HSA
25
HBK Sorce Advisory
Pennsylvania
$339K -$37.1K -850 -10%

PSK Hedge Fund Activity: Q3 2014 in Review

50 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2014, worth a combined $48.3M — up 8.3% from $44.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new PSK positions and 4 closed out — a net gain of 4 holders — while 16 added to existing stakes and 16 trimmed.

The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $1.5M. The largest seller was Royal Bank of Canada, cutting an estimated $2.71M.

  • 50 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2014, up from 46 in Q2 2014.
  • Funds reported $48.3M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2014, up 8.3% quarter-over-quarter.
  • 8 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2014 and 4 closed out, a net change of +4 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2014 was Virtu KCG Holdings, an estimated $1.5M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2014 was Royal Bank of Canada, an estimated $2.71M sold.

Based on aggregated 13F filings for Q3 2014.