State Street SPDR ICE Preferred Securities ETF
PSK
86 hedge funds and large institutions have $170M invested in State Street SPDR ICE Preferred Securities ETF in 2017 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 24 increasing their positions, 34 reducing their positions, and 12 closing their positions.
1% more capital invested
Capital invested by funds: $168M → $170M (+$2.27M)
0.41% less ownership
Funds ownership: 52.03% → 51.62% (-0.41%)
8% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 12
4% less funds holding
Funds holding: 90 → 86 (-4)
29% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 34
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$8.44M |
| 2 |
State Street
Boston,
Massachusetts
|
+$6.07M |
| 3 |
SCM
Stonehearth Capital Management
Danvers,
Massachusetts
|
+$1.69M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.69M |
| 5 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$1.25M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$6.18M |
| 2 |
SFP
Shepherd Financial Partners
Winchester,
Massachusetts
|
-$2.96M |
| 3 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$2.14M |
| 4 |
Morgan Stanley
New York
|
-$1.76M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$1.71M |
PSK Hedge Fund Activity: Q1 2017 in Review
86 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2017, worth a combined $170M — up 1.3% from $168M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of PSK and 11 opened new positions — a net loss of 1 holder — while 34 trimmed existing stakes and 24 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $8.44M. The largest seller was Prospera Financial Services, exiting entirely with an estimated $6.18M sold.
- 86 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2017, down from 90 in Q4 2016.
- Funds reported $170M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2017, up 1.3% quarter-over-quarter.
- 11 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2017 and 12 closed out, a net change of -1 holder.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2017 was Charles Schwab Investment Advisory, an estimated $8.44M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2017 was Prospera Financial Services, an estimated $6.18M sold.
Based on aggregated 13F filings for Q1 2017.