State Street SPDR ICE Preferred Securities ETF
PSK
200 hedge funds and large institutions have $568M invested in State Street SPDR ICE Preferred Securities ETF in 2020 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 76 increasing their positions, 47 reducing their positions, and 12 closing their positions.
267% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 12
100% more funds holding in top 10
Funds holding in top 10: 2 → 4 (+2)
62% more repeat investments, than reductions
Existing positions increased: 76 | Existing positions reduced: 47
30% more capital invested
Capital invested by funds: $436M → $568M (+$133M)
18% more funds holding
Funds holding: 170 → 200 (+30)
3.41% more ownership
Funds ownership: 42.92% → 46.33% (+3.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$30.1M |
| 2 |
DF
Donoghue Forlines
Boston,
Massachusetts
|
+$19.4M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$13.7M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$6.4M |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$6.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$5.1M |
| 2 |
Truist Financial
Charlotte,
North Carolina
|
-$4.87M |
| 3 |
AF
Allworth Financial
Folsom,
California
|
-$3.08M |
| 4 |
SAS
Sage Advisory Services
Austin,
Texas
|
-$2.21M |
| 5 |
State Street
Boston,
Massachusetts
|
-$2.17M |
PSK Hedge Fund Activity: Q4 2020 in Review
200 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2020, worth a combined $568M — up 30% from $436M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new PSK positions and 12 closed out — a net gain of 32 holders — while 76 added to existing stakes and 47 trimmed.
The largest buyer was Envestnet Asset Management, adding an estimated $30.1M. The largest seller was Qube Research & Technologies (QRT), cutting an estimated $5.1M.
- 200 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2020, up from 170 in Q3 2020.
- Funds reported $568M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2020, up 30% quarter-over-quarter.
- 44 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2020 and 12 closed out, a net change of +32 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2020 was Envestnet Asset Management, an estimated $30.1M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2020 was Qube Research & Technologies (QRT), an estimated $5.1M sold.
Based on aggregated 13F filings for Q4 2020.