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State Street SPDR ICE Preferred Securities ETF

83 hedge funds and large institutions have $185M invested in State Street SPDR ICE Preferred Securities ETF in 2016 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 33 increasing their positions, 21 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 8

57% more repeat investments, than reductions

Existing positions increased: 33 | Existing positions reduced: 21

9% more funds holding

Funds holding: 7683 (+7)

8.2% less ownership

Funds ownership: 41.28%33.08% (-8.2%)

19% less capital invested

Capital invested by funds: $229M → $185M (-$44.3M)

67% less funds holding in top 10

Funds holding in top 10: 31 (-2)

Holders
83
Holders Change
+7
Holders Change %
+9.21%
% of All Funds
2.21%
Holding in Top 10
1
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-66.67%
% of All Funds
0.03%
New
16
Increased
33
Reduced
21
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$23.4M -$2.17M -47,017 -8%
Bank of America
2
Bank of America
North Carolina
$19.1M +$8.92M +193,236 +85%
CSIA
3
Charles Schwab Investment Advisory
California
$18.3M -$12.1M -262,611 -39%
State Street
4
State Street
Massachusetts
$17.8M +$1.86M +40,377 +12%
NC
5
NewSquare Capital
Pennsylvania
$11.8M -$15.4M -332,865 -56%
LPL Financial
6
LPL Financial
California
$8.45M +$918K +19,878 +12%
SGAM
7
Steinberg Global Asset Management
Florida
$8.01M +$81.5K +1,765 +1%
PFS
8
Prospera Financial Services
Texas
$7.16M -$12.9M -279,736 -64%
UBS Group
9
UBS Group
Switzerland
$6.18M +$359K +7,778 +6%
RJA
10
Raymond James & Associates
Florida
$4.06M -$867K -18,772 -17%
Ameriprise
11
Ameriprise
Minnesota
$3.78M +$87.7K +1,899 +2%
Carson Wealth (CWM LLC)
12
Carson Wealth (CWM LLC)
Nebraska
$3.56M -$5.12M -110,969 -59%
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$3.48M +$14.6K +317 +0.4%
TFA
14
Transamerica Financial Advisors
Florida
$3.47M -$9.91M -214,601 -74%
Commonwealth Equity Services
15
Commonwealth Equity Services
Massachusetts
$2.84M +$1.63M +35,290 +130%
EDRH
16
Edmond de Rothschild Holding
Switzerland
$2.29M +$2.33M +50,372 New
EDRS
17
Edmond de Rothschild (Suisse)
Switzerland
$2.29M +$2.33M +50,372 New
Stifel Financial
18
Stifel Financial
Missouri
$2.17M +$405K +8,781 +23%
IP
19
Investment Partners
Ohio
$2.12M +$131K +2,833 +6%
SB
20
Suntrust Banks
Georgia
$1.99M +$715K +15,479 +52%
Citigroup
21
Citigroup
New York
$1.79M -$88K -1,906 -5%
NFG
22
Next Financial Group
Texas
$1.7M +$213K +4,622 +14%
SF
23
Synovus Financial
Georgia
$1.69M -$88.5K -1,917 -5%
AG
24
Advisor Group
Arizona
$1.68M +$1.14M +24,646 +200%
AIM
25
Advantage Investment Management
Iowa
$1.64M -$88.1K -1,908 -5%

PSK Hedge Fund Activity: Q3 2016 in Review

83 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2016, worth a combined $185M — down 19% from $229M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new PSK positions and 8 closed out — a net gain of 8 holders — while 33 added to existing stakes and 21 trimmed.

The largest buyer was Bank of America, adding an estimated $8.92M. The largest seller was NewSquare Capital, cutting an estimated $15.4M.

  • 83 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2016, up from 76 in Q2 2016.
  • Funds reported $185M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2016, down 19% quarter-over-quarter.
  • 16 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2016 and 8 closed out, a net change of +8 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2016 was Bank of America, an estimated $8.92M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2016 was NewSquare Capital, an estimated $15.4M sold.

Based on aggregated 13F filings for Q3 2016.