State Street SPDR ICE Preferred Securities ETF
PSK
170 hedge funds and large institutions have $350M invested in State Street SPDR ICE Preferred Securities ETF in 2023 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 41 increasing their positions, 67 reducing their positions, and 26 closing their positions.
4.17% more ownership
Funds ownership: 37.83% → 42% (+4.2%)
5% more capital invested
Capital invested by funds: $334M → $350M (+$16.1M)
0% more funds holding in top 10
Funds holding in top 10: 5 → 5 (0)
8% less funds holding
Funds holding: 184 → 170 (-14)
39% less repeat investments, than reductions
Existing positions increased: 41 | Existing positions reduced: 67
42% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 26
98% less call options, than puts
Call options by funds: $19K | Put options by funds: $824K
Top Buyers
| 1 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
+$40.2M |
| 2 |
Morgan Stanley
New York
|
+$1.85M |
| 3 |
LPL Financial
San Diego,
California
|
+$1.81M |
| 4 |
AAS
Ameritas Advisory Services
Lincoln,
Nebraska
|
+$1.81M |
| 5 |
PAS
Park Avenue Securities
New York
|
+$1.22M |
Top Sellers
PSK Hedge Fund Activity: Q3 2023 in Review
170 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q3 2023, worth a combined $350M — up 4.8% from $334M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of PSK and 15 opened new positions — a net loss of 11 holders — while 67 trimmed existing stakes and 41 added.
The largest buyer was Financial Counselors Inc, opening a new position worth an estimated $40.2M. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $6.53M.
- 170 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q3 2023, down from 184 in Q2 2023.
- Funds reported $350M of State Street SPDR ICE Preferred Securities ETF stock for Q3 2023, up 4.8% quarter-over-quarter.
- 15 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q3 2023 and 26 closed out, a net change of -11 holders.
- The largest State Street SPDR ICE Preferred Securities ETF buyer in Q3 2023 was Financial Counselors Inc, an estimated $40.2M added.
- The largest State Street SPDR ICE Preferred Securities ETF seller in Q3 2023 was Raymond James Financial Services Advisors, an estimated $6.53M sold.
Based on aggregated 13F filings for Q3 2023.