State Street SPDR ICE Preferred Securities ETF
PSK
96 hedge funds and large institutions have $185M invested in State Street SPDR ICE Preferred Securities ETF in 2017 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 35 increasing their positions, 22 reducing their positions, and 7 closing their positions.
143% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 7
69% more capital inflows, than outflows
Capital inflows: $32.2M | Capital outflows: $19M
59% more repeat investments, than reductions
Existing positions increased: 35 | Existing positions reduced: 22
12% more funds holding
Funds holding: 86 → 96 (+10)
1.39% more ownership
Funds ownership: 51.62% → 53.01% (+1.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Charles Schwab Investment Advisory
San Francisco,
California
|
+$8.34M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$8.02M |
| 3 |
ARMC
American Research & Management Company
Marion,
Massachusetts
|
+$5.38M |
| 4 |
Credit Suisse
Zurich,
Switzerland
|
+$1.57M |
| 5 |
Morgan Stanley
New York
|
+$1.52M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$4.84M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$4.49M |
| 3 |
State Street
Boston,
Massachusetts
|
-$3.59M |
| 4 |
Steinberg Global Asset Management
Boca Raton,
Florida
|
-$1.01M |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$922K |
PSK Hedge Fund Activity: Q2 2017 in Review
96 of the 4,023 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2017, worth a combined $185M — up 8.5% from $170M a quarter earlier.
Buyers outnumbered sellers: 17 funds opened new PSK positions and 7 closed out — a net gain of 10 holders — while 35 added to existing stakes and 22 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $8.34M. The largest seller was Commonwealth Equity Services, cutting an estimated $4.84M.
- 96 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2017, up from 86 in Q1 2017.
- Funds reported $185M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2017, up 8.5% quarter-over-quarter.
- 17 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2017 and 7 closed out, a net change of +10 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2017 was Charles Schwab Investment Advisory, an estimated $8.34M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2017 was Commonwealth Equity Services, an estimated $4.84M sold.
Based on aggregated 13F filings for Q2 2017.