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State Street SPDR ICE Preferred Securities ETF

55 hedge funds and large institutions have $57.3M invested in State Street SPDR ICE Preferred Securities ETF in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 19 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 6

12% more funds holding

Funds holding: 4955 (+6)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1.7% less ownership

Funds ownership: 22.15%20.45% (-1.7%)

12% less capital invested

Capital invested by funds: $65M → $57.3M (-$7.67M)

26% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 19

Holders
55
Holders Change
+6
Holders Change %
+12.24%
% of All Funds
1.54%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
12
Increased
14
Reduced
19
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$7.54M +$119K +2,706 +2%
CSIA
2
Charles Schwab Investment Advisory
California
$7.24M +$1.32M +29,895 +22%
Bank of America
3
Bank of America
North Carolina
$5.72M +$287K +6,504 +5%
State Street
4
State Street
Massachusetts
$5.57M -$629K -14,286 -10%
UR
5
USCA RIA
Texas
$5.35M -$47.8K -1,086 -0.9%
SGAM
6
Steinberg Global Asset Management
Florida
$3.53M -$55.8K -1,266 -2%
ARMC
7
American Research & Management Company
Massachusetts
$2.48M -$1.87M -42,501 -43%
RIA
8
Regal Investment Advisors
Michigan
$2.47M -$185K -4,202 -7%
LPL Financial
9
LPL Financial
California
$2.26M +$451K +10,244 +25%
SF
10
Synovus Financial
Georgia
$1.69M -$35.1K -796 -2%
UBS Group
11
UBS Group
Switzerland
$1.25M -$1.34M -30,528 -52%
Jane Street
12
Jane Street
New York
$921K -$1.99M -45,163 -68%
RJA
13
Raymond James & Associates
Florida
$915K +$218K +4,950 +31%
Commonwealth Equity Services
14
Commonwealth Equity Services
Massachusetts
$817K -$115K -2,611 -12%
OIA
15
Optimum Investment Advisors
Illinois
$814K +$819K +18,595 New
CG
16
Colony Group
Massachusetts
$799K -$250K -5,685 -24%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$796K -$1.6M -36,251 -67%
WCM
18
Windsor Capital Management
Arizona
$751K -$431K -9,780 -36%
NFG
19
Next Financial Group
Texas
$712K +$26.2K +595 +4%
IP
20
Investment Partners
Ohio
$512K
SAM
21
SignalPoint Asset Management
Missouri
$491K -$16.2K -367 -3%
Cambridge Investment Research Advisors
22
Cambridge Investment Research Advisors
Iowa
$412K +$24.2K +549 +6%
NSIM
23
North Star Investment Management
Illinois
$383K +$352 +8 +0.1%
Bank of Montreal
24
Bank of Montreal
Ontario, Canada
$382K -$111K -2,511 -22%
Citigroup
25
Citigroup
New York
$365K +$35.4K +804 +11%

PSK Hedge Fund Activity: Q3 2015 in Review

55 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2015, worth a combined $57.3M — down 12% from $65M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new PSK positions and 6 closed out — a net gain of 6 holders — while 14 added to existing stakes and 19 trimmed.

The largest buyer was Charles Schwab Investment Advisory, adding an estimated $1.32M. The largest seller was Hancock Whitney, exiting entirely with an estimated $2.31M sold.

  • 55 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2015, up from 49 in Q2 2015.
  • Funds reported $57.3M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2015, down 12% quarter-over-quarter.
  • 12 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2015 and 6 closed out, a net change of +6 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2015 was Charles Schwab Investment Advisory, an estimated $1.32M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2015 was Hancock Whitney, an estimated $2.31M sold.

Based on aggregated 13F filings for Q3 2015.