State Street SPDR ICE Preferred Securities ETF
PSK
207 hedge funds and large institutions have $665M invested in State Street SPDR ICE Preferred Securities ETF in 2021 Q2 according to their latest regulatory filings, with 33 funds opening new positions, 94 increasing their positions, 43 reducing their positions, and 19 closing their positions.
119% more repeat investments, than reductions
Existing positions increased: 94 | Existing positions reduced: 43
74% more first-time investments, than exits
New positions opened: 33 | Existing positions closed: 19
29% more capital invested
Capital invested by funds: $517M → $665M (+$148M)
6.31% more ownership
Funds ownership: 38.48% → 44.79% (+6.3%)
6% more funds holding
Funds holding: 196 → 207 (+11)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$28.8M |
| 2 |
PI
PFS Investments
Duluth,
Georgia
|
+$17.4M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$12.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$9.87M |
| 5 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$6.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MBTD
Mechanics Bank - Trust Department
Walnut Creek,
California
|
-$5.66M |
| 2 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$2.09M |
| 3 |
RFC
Regions Financial Corp
Birmingham,
Alabama
|
-$1.32M |
| 4 |
Jane Street
New York
|
-$1.13M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$1.1M |
PSK Hedge Fund Activity: Q2 2021 in Review
207 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q2 2021, worth a combined $665M — up 29% from $517M a quarter earlier.
Buyers outnumbered sellers: 33 funds opened new PSK positions and 19 closed out — a net gain of 14 holders — while 94 added to existing stakes and 43 trimmed.
The largest buyer was F.L. Putnam Investment Management, opening a new position worth an estimated $28.8M. The largest seller was Mechanics Bank - Trust Department, exiting entirely with an estimated $5.66M sold.
- 207 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q2 2021, up from 196 in Q1 2021.
- Funds reported $665M of State Street SPDR ICE Preferred Securities ETF stock for Q2 2021, up 29% quarter-over-quarter.
- 33 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q2 2021 and 19 closed out, a net change of +14 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q2 2021 was F.L. Putnam Investment Management, an estimated $28.8M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q2 2021 was Mechanics Bank - Trust Department, an estimated $5.66M sold.
Based on aggregated 13F filings for Q2 2021.