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State Street SPDR ICE Preferred Securities ETF

134 hedge funds and large institutions have $277M invested in State Street SPDR ICE Preferred Securities ETF in 2019 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 39 increasing their positions, 42 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 22 | Existing positions closed: 11

13% more capital invested

Capital invested by funds: $245M → $277M (+$31.6M)

8% more funds holding

Funds holding: 124134 (+10)

7% less repeat investments, than reductions

Existing positions increased: 39 | Existing positions reduced: 42

2.33% less ownership

Funds ownership: 55.32%52.99% (-2.3%)

33% less funds holding in top 10

Funds holding in top 10: 32 (-1)

Holders
134
Holders Change
+10
Holders Change %
+8.06%
% of All Funds
2.9%
Holding in Top 10
2
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-33.33%
% of All Funds
0.04%
New
22
Increased
39
Reduced
42
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CSIA
1
Charles Schwab Investment Advisory
California
$60.7M -$3.07M -73,215 -5%
Mackenzie Financial
2
Mackenzie Financial
Ontario, Canada
$35M +$4.41M +105,275 +15%
AF
3
Allworth Financial
California
$19.3M +$845K +20,188 +5%
GI
4
Gradient Investments
Minnesota
$17M -$2.25M -53,782 -12%
Envestnet Asset Management
5
Envestnet Asset Management
Illinois
$11.4M +$9.51M +227,135 +557%
Morgan Stanley
6
Morgan Stanley
New York
$8.1M -$1.85M -44,074 -19%
Wells Fargo
7
Wells Fargo
California
$7.34M +$302K +7,215 +4%
SB
8
Suntrust Banks
Georgia
$6.29M +$5.91M +141,226 +2,259%
UBS Group
9
UBS Group
Switzerland
$6.15M +$1.15M +27,574 +24%
TYCC
10
Texas Yale Capital Corp
Florida
$5.58M +$3.05M +72,818 +126%
LPL Financial
11
LPL Financial
California
$5.06M +$247K +5,903 +5%
SDAM
12
Shulman DeMeo Asset Management
New York
$4.84M -$14.6K -349 -0.3%
DJSG
13
D.J. St. Germain
Massachusetts
$4.16M +$3.64M +86,868 +820%
Bank of America
14
Bank of America
North Carolina
$3.96M -$1.57M -37,578 -29%
JIP
15
JBJ Investment Partners
South Carolina
$3.86M +$3.78M +90,379 New
TC
16
TownSquare Capital
Utah
$3.75M -$342K -8,175 -9%
FWM
17
Foresight Wealth Management
Utah
$3.49M +$700K +16,727 +26%
SWP
18
Strategic Wealth Partners
Ohio
$3.42M +$766K +18,292 +30%
DI
19
Diligent Investors
California
$2.7M +$67.5K +1,612 +3%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$2.63M -$472K -11,266 -15%
1IA
21
1834 Investment Advisors
Wisconsin
$2.58M -$63.2K -1,509 -2%
ACM
22
AlphaStar Capital Management
North Carolina
$2.52M +$597K +14,265 +32%
Ameriprise
23
Ameriprise
Minnesota
$2.52M +$2M +47,668 +417%
RWA
24
Redhawk Wealth Advisors
Minnesota
$2.36M +$2.31M +55,241 New
RIM
25
Redwood Investment Management
Arizona
$2.18M +$2.14M +51,133 New

PSK Hedge Fund Activity: Q1 2019 in Review

134 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2019, worth a combined $277M — up 13% from $245M a quarter earlier.

Buyers outnumbered sellers: 22 funds opened new PSK positions and 11 closed out — a net gain of 11 holders — while 39 added to existing stakes and 42 trimmed.

The largest buyer was Envestnet Asset Management, adding an estimated $9.51M. The largest seller was Carson Wealth (CWM LLC), cutting an estimated $9.09M.

  • 134 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2019, up from 124 in Q4 2018.
  • Funds reported $277M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2019, up 13% quarter-over-quarter.
  • 22 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2019 and 11 closed out, a net change of +11 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2019 was Envestnet Asset Management, an estimated $9.51M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2019 was Carson Wealth (CWM LLC), an estimated $9.09M sold.

Based on aggregated 13F filings for Q1 2019.