State Street SPDR ICE Preferred Securities ETF
PSK
195 hedge funds and large institutions have $417M invested in State Street SPDR ICE Preferred Securities ETF in 2022 Q1 according to their latest regulatory filings, with 22 funds opening new positions, 68 increasing their positions, 72 reducing their positions, and 47 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 4 → 6 (+2)
6% less repeat investments, than reductions
Existing positions increased: 68 | Existing positions reduced: 72
4% less ownership
Funds ownership: 39.84% → 35.84% (-4%)
14% less funds holding
Funds holding: 226 → 195 (-31)
53% less first-time investments, than exits
New positions opened: 22 | Existing positions closed: 47
74% less capital inflows, than outflows
Capital inflows: $35.4M | Capital outflows: $134M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Tradewinds Capital Management
Bellingham,
Washington
|
+$11.1M |
| 2 |
Peterson Wealth Management
Sparks,
Nevada
|
+$4.31M |
| 3 |
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$2.01M |
| 4 |
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$1.63M |
| 5 |
McAdam LLC
Philadelphia,
Pennsylvania
|
+$1.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$11.9M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10M |
| 3 |
NewSquare Capital
Newtown Square,
Pennsylvania
|
-$8.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$8.12M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.38M |
PSK Hedge Fund Activity: Q1 2022 in Review
195 of the 6,364 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2022, worth a combined $417M — down 26% from $563M a quarter earlier.
Sellers outnumbered buyers: 47 funds closed out of PSK and 22 opened new positions — a net loss of 25 holders — while 72 trimmed existing stakes and 68 added.
The largest buyer was Tradewinds Capital Management, adding an estimated $11.1M. The largest seller was Ameriprise, cutting an estimated $11.9M.
- 195 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2022, down from 226 in Q4 2021.
- Funds reported $417M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2022, down 26% quarter-over-quarter.
- 22 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2022 and 47 closed out, a net change of -25 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2022 was Tradewinds Capital Management, an estimated $11.1M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2022 was Ameriprise, an estimated $11.9M sold.
Based on aggregated 13F filings for Q1 2022.