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State Street SPDR ICE Preferred Securities ETF

178 hedge funds and large institutions have $352M invested in State Street SPDR ICE Preferred Securities ETF in 2023 Q4 according to their latest regulatory filings, with 31 funds opening new positions, 51 increasing their positions, 62 reducing their positions, and 21 closing their positions.

New
Increased
Maintained
Reduced
Closed

415% more call options, than puts

Call options by funds: $67K | Put options by funds: $13K

48% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 21

5% more funds holding

Funds holding: 170178 (+8)

1% more capital invested

Capital invested by funds: $350M → $352M (+$2.14M)

0.57% more ownership

Funds ownership: 42%42.57% (+0.57%)

18% less repeat investments, than reductions

Existing positions increased: 51 | Existing positions reduced: 62

40% less funds holding in top 10

Funds holding in top 10: 53 (-2)

Holders
178
Holders Change
+8
Holders Change %
+4.71%
% of All Funds
2.6%
Holding in Top 10
3
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-40%
% of All Funds
0.04%
New
31
Increased
51
Reduced
62
Closed
21
Calls
$67K
Puts
$13K
Net Calls
+$54K
Net Calls Change
+$859K
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$32.3M +$16M +496,359 +107%
SOWBOCOPL
2
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$28.2M
Wells Fargo
3
Wells Fargo
California
$26.9M +$1.28M +39,944 +5%
FCI
4
Financial Counselors Inc
Kansas
$22.7M -$17.4M -542,432 -44%
LPL Financial
5
LPL Financial
California
$20.3M -$1.87M -58,090 -9%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$16M +$6.68M +207,691 +77%
FLPIM
7
F.L. Putnam Investment Management
Massachusetts
$12M -$3.63M -113,033 -24%
Mariner
8
Mariner
Kansas
$11.8M -$3.51M -109,099 -24%
BIA
9
Barry Investment Advisors
Massachusetts
$8.77M -$630K -19,607 -7%
Bank of America
10
Bank of America
North Carolina
$8.6M +$326K +10,137 +4%
Lido Advisors
11
Lido Advisors
California
$8.49M +$4.73M +147,219 +139%
UBS Group
12
UBS Group
Switzerland
$8.39M +$2.92M +90,732 +57%
PAS
13
Park Avenue Securities
New York
$7.59M +$948K +29,480 +15%
APWA
14
Atlas Private Wealth Advisors
New Jersey
$7.33M +$7.03M +218,570 New
MPWT
15
MassMutual Private Wealth & Trust
Connecticut
$6.45M -$1.51M -46,974 -20%
PWA
16
Provenance Wealth Advisors
Florida
$6.22M -$429K -13,357 -7%
AF
17
Allworth Financial
California
$5.79M +$4.16M +129,307 +297%
CSIA
18
Charles Schwab Investment Advisory
California
$5.33M +$563K +17,523 +12%
Truist Financial
19
Truist Financial
North Carolina
$4.68M +$204K +6,338 +5%
Envestnet Asset Management
20
Envestnet Asset Management
Illinois
$4.61M +$229K +7,120 +5%
LRWA
21
Long Run Wealth Advisors
New York
$4.39M -$91.6K -2,849 -2%
SIS
22
Sound Income Strategies
Florida
$4.04M +$189K +5,882 +5%
SDAM
23
Shulman DeMeo Asset Management
New York
$4M -$14K -436 -0.4%
JIP
24
Jaffetilchin Investment Partners
Florida
$3.99M +$3.83M +119,040 New
SA
25
Shilanski & Associates
Alaska
$3.97M +$364K +11,307 +11%

PSK Hedge Fund Activity: Q4 2023 in Review

178 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q4 2023, worth a combined $352M — up 0.61% from $350M a quarter earlier.

Buyers outnumbered sellers: 31 funds opened new PSK positions and 21 closed out — a net gain of 10 holders — while 51 added to existing stakes and 62 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $16M. The largest seller was Financial Counselors Inc, cutting an estimated $17.4M.

  • 178 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q4 2023, up from 170 in Q3 2023.
  • Funds reported $352M of State Street SPDR ICE Preferred Securities ETF stock for Q4 2023, up 0.61% quarter-over-quarter.
  • 31 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q4 2023 and 21 closed out, a net change of +10 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q4 2023 was Morgan Stanley, an estimated $16M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q4 2023 was Financial Counselors Inc, an estimated $17.4M sold.

Based on aggregated 13F filings for Q4 2023.