State Street SPDR ICE Preferred Securities ETF
PSK
108 hedge funds and large institutions have $248M invested in State Street SPDR ICE Preferred Securities ETF in 2018 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 47 increasing their positions, 21 reducing their positions, and 14 closing their positions.
124% more repeat investments, than reductions
Existing positions increased: 47 | Existing positions reduced: 21
45% more capital invested
Capital invested by funds: $171M → $248M (+$76.8M)
7.91% more ownership
Funds ownership: 51.14% → 59.05% (+7.9%)
7% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 14
0% more funds holding
Funds holding: 108 → 108 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Allworth Financial
Folsom,
California
|
+$22.1M |
| 2 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$20.9M |
| 3 |
NC
NewSquare Capital
Newtown Square,
Pennsylvania
|
+$8.39M |
| 4 |
State Street
Boston,
Massachusetts
|
+$7.42M |
| 5 |
Wells Fargo
San Francisco,
California
|
+$5.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LWS
Lucia Wealth Services
San Diego,
California
|
-$3.35M |
| 2 |
HPWM
Highland Private Wealth Management
Bellevue,
Washington
|
-$1.18M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.17M |
| 4 |
PAG
Private Advisory Group
Redmond,
Washington
|
-$963K |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$681K |
PSK Hedge Fund Activity: Q2 2018 in Review
108 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2018, worth a combined $248M — up 45% from $171M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new PSK positions and 14 closed out — a net gain of 1 holder — while 47 added to existing stakes and 21 trimmed.
The largest buyer was Allworth Financial, opening a new position worth an estimated $22.1M. The largest seller was Lucia Wealth Services, cutting an estimated $3.35M.
- 108 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $248M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2018, up 45% quarter-over-quarter.
- 15 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2018 and 14 closed out, a net change of +1 holder.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2018 was Allworth Financial, an estimated $22.1M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2018 was Lucia Wealth Services, an estimated $3.35M sold.
Based on aggregated 13F filings for Q2 2018.