State Street SPDR ICE Preferred Securities ETF
PSK
133 hedge funds and large institutions have $300M invested in State Street SPDR ICE Preferred Securities ETF in 2019 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 48 increasing their positions, 35 reducing their positions, and 16 closing their positions.
37% more repeat investments, than reductions
Existing positions increased: 48 | Existing positions reduced: 35
0% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 16
1% less funds holding
Funds holding: 134 → 133 (-1)
2% less capital invested
Capital invested by funds: $307M → $300M (-$6.85M)
15.93% less ownership
Funds ownership: 48.74% → 32.81% (-16%)
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$5.29M |
| 2 |
Morgan Stanley
New York
|
+$4.4M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$3.11M |
| 4 |
MBTD
Mechanics Bank - Trust Department
Walnut Creek,
California
|
+$3.04M |
| 5 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$1.38M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$31.2M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$3.38M |
| 3 |
RWA
Redhawk Wealth Advisors
Minneapolis,
Minnesota
|
-$2.06M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.76M |
| 5 |
RIM
Redwood Investment Management
Scottsdale,
Arizona
|
-$980K |
PSK Hedge Fund Activity: Q3 2019 in Review
133 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2019, worth a combined $300M — down 2.2% from $307M a quarter earlier.
Fund positioning in PSK was balanced in Q3 2019: 16 funds opened new positions, 16 closed out, 48 added to existing stakes and 35 trimmed.
The largest buyer was Bank of America, adding an estimated $5.29M. The largest seller was Mackenzie Financial, cutting an estimated $31.2M.
- 133 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2019, down from 134 in Q2 2019.
- Funds reported $300M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2019, down 2.2% quarter-over-quarter.
- 16 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2019 and 16 closed out, a net change of 0 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2019 was Bank of America, an estimated $5.29M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2019 was Mackenzie Financial, an estimated $31.2M sold.
Based on aggregated 13F filings for Q3 2019.