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State Street SPDR ICE Preferred Securities ETF

55 hedge funds and large institutions have $108M invested in State Street SPDR ICE Preferred Securities ETF in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 24 increasing their positions, 13 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

89% more capital invested

Capital invested by funds: $57.3M → $108M (+$50.8M)

85% more repeat investments, than reductions

Existing positions increased: 24 | Existing positions reduced: 13

10.57% more ownership

Funds ownership: 20.45%31.02% (+11%)

0% more funds holding

Funds holding: 5555 (0)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

Holders
55
Holders Change
Holders Change %
0%
% of All Funds
1.44%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
24
Reduced
13
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UFF
1
USA Financial Formulas
Michigan
$17.1M +$17.1M +383,147 New
CSIA
2
Charles Schwab Investment Advisory
California
$11.1M +$3.75M +84,206 +51%
Bank of America
3
Bank of America
North Carolina
$10.9M +$5.05M +113,310 +87%
Morgan Stanley
4
Morgan Stanley
New York
$8.64M +$943K +21,153 +12%
LPL Financial
5
LPL Financial
California
$8.45M +$6.08M +136,348 +265%
SGAM
6
Steinberg Global Asset Management
Florida
$7.83M +$4.22M +94,714 +118%
UR
7
USCA RIA
Texas
$5.51M +$53.9K +1,209 +1%
State Street
8
State Street
Massachusetts
$5.22M -$468K -10,507 -8%
CCS
9
Crosspoint Capital Strategies
California
$4.06M +$4.13M +92,732 New
Jane Street
10
Jane Street
New York
$3.85M +$2.91M +65,227 +310%
RJA
11
Raymond James & Associates
Florida
$3.63M +$2.68M +60,230 +288%
Citigroup
12
Citigroup
New York
$2.78M +$2.4M +53,816 +644%
RIA
13
Regal Investment Advisors
Michigan
$2.21M -$309K -6,932 -12%
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.7M +$1.46M +32,676 +609%
SF
15
Synovus Financial
Georgia
$1.65M -$73.4K -1,646 -4%
ARMC
16
American Research & Management Company
Massachusetts
$1.58M -$947K -21,247 -38%
UBS Group
17
UBS Group
Switzerland
$1.26M -$13.2K -295 -1%
NFG
18
Next Financial Group
Texas
$1.25M +$519K +11,645 +72%
CG
19
Colony Group
Massachusetts
$1.17M +$358K +8,020 +44%
Commonwealth Equity Services
20
Commonwealth Equity Services
Massachusetts
$882K +$48.4K +1,086 +6%
Royal Bank of Canada
21
Royal Bank of Canada
Ontario, Canada
$877K +$64.9K +1,456 +8%
OIA
22
Optimum Investment Advisors
Illinois
$826K -$4.46K -100 -0.5%
WCM
23
Windsor Capital Management
Arizona
$650K -$115K -2,582 -15%
IP
24
Investment Partners
Ohio
$523K
SAM
25
SignalPoint Asset Management
Missouri
$501K +$267 +6 +0.1%

PSK Hedge Fund Activity: Q4 2015 in Review

55 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2015, worth a combined $108M — up 89% from $57.3M a quarter earlier.

Fund positioning in PSK was balanced in Q4 2015: 7 funds opened new positions, 7 closed out, 24 added to existing stakes and 13 trimmed.

The largest buyer was USA Financial Formulas, opening a new position worth an estimated $17.1M. The largest seller was American Research & Management Company, cutting an estimated $947K.

  • 55 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2015, unchanged from Q3 2015.
  • Funds reported $108M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2015, up 89% quarter-over-quarter.
  • 7 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2015 and 7 closed out, a net change of 0 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2015 was USA Financial Formulas, an estimated $17.1M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2015 was American Research & Management Company, an estimated $947K sold.

Based on aggregated 13F filings for Q4 2015.