State Street SPDR ICE Preferred Securities ETF
PSK
134 hedge funds and large institutions have $307M invested in State Street SPDR ICE Preferred Securities ETF in 2019 Q2 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 38 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
16% more repeat investments, than reductions
Existing positions increased: 44 | Existing positions reduced: 38
12% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 17
11% more capital invested
Capital invested by funds: $277M → $307M (+$29.5M)
0% more funds holding
Funds holding: 134 → 134 (0)
4.25% less ownership
Funds ownership: 52.99% → 48.74% (-4.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
+$22.9M |
| 2 |
Morgan Stanley
New York
|
+$13.1M |
| 3 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
+$3.98M |
| 4 |
ONB
Old National Bancorp
Evansville,
Indiana
|
+$3.13M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
-$16.4M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$4.08M |
| 3 |
TYCC
Texas Yale Capital Corp
St. Petersburg,
Florida
|
-$2.78M |
| 4 |
JIP
JBJ Investment Partners
Charleston,
South Carolina
|
-$2.57M |
| 5 |
DI
Diligent Investors
Redlands,
California
|
-$1.85M |
PSK Hedge Fund Activity: Q2 2019 in Review
134 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2019, worth a combined $307M — up 11% from $277M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new PSK positions and 17 closed out — a net gain of 2 holders — while 44 added to existing stakes and 38 trimmed.
The largest buyer was Mackenzie Financial, adding an estimated $22.9M. The largest seller was Gradient Investments, cutting an estimated $16.4M.
- 134 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2019, unchanged from Q1 2019.
- Funds reported $307M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2019, up 11% quarter-over-quarter.
- 19 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2019 and 17 closed out, a net change of +2 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2019 was Mackenzie Financial, an estimated $22.9M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2019 was Gradient Investments, an estimated $16.4M sold.
Based on aggregated 13F filings for Q2 2019.