State Street SPDR ICE Preferred Securities ETF
PSK
144 hedge funds and large institutions have $365M invested in State Street SPDR ICE Preferred Securities ETF in 2019 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 51 increasing their positions, 33 reducing their positions, and 13 closing their positions.
115% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 13
100% more funds holding in top 10
Funds holding in top 10: 3 → 6 (+3)
55% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 33
22% more capital invested
Capital invested by funds: $300M → $365M (+$65.5M)
10.09% more ownership
Funds ownership: 32.81% → 42.9% (+10%)
8% more funds holding
Funds holding: 133 → 144 (+11)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HWA
HCR Wealth Advisors
Los Angeles,
California
|
+$91.8M |
| 2 |
PL
Protective Life
Birmingham,
Alabama
|
+$31.6M |
| 3 |
AIA
Avalon Investment & Advisory
Houston,
Texas
|
+$10.8M |
| 4 |
Truist Financial
Charlotte,
North Carolina
|
+$7.82M |
| 5 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$4.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mackenzie Financial
Toronto Ontario,
Ontario, Canada
|
-$4.83M |
| 2 |
FWM
Foresight Wealth Management
Draper,
Utah
|
-$4.2M |
| 3 |
ONB
Old National Bancorp
Evansville,
Indiana
|
-$3.22M |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$2.46M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$1.55M |
PSK Hedge Fund Activity: Q4 2019 in Review
144 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2019, worth a combined $365M — up 22% from $300M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new PSK positions and 13 closed out — a net gain of 15 holders — while 51 added to existing stakes and 33 trimmed.
The largest buyer was HCR Wealth Advisors, opening a new position worth an estimated $91.8M. The largest seller was Mackenzie Financial, cutting an estimated $4.83M.
- 144 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2019, up from 133 in Q3 2019.
- Funds reported $365M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2019, up 22% quarter-over-quarter.
- 28 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2019 and 13 closed out, a net change of +15 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2019 was HCR Wealth Advisors, an estimated $91.8M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2019 was Mackenzie Financial, an estimated $4.83M sold.
Based on aggregated 13F filings for Q4 2019.