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State Street SPDR ICE Preferred Securities ETF

167 hedge funds and large institutions have $312M invested in State Street SPDR ICE Preferred Securities ETF in 2024 Q1 according to their latest regulatory filings, with 19 funds opening new positions, 44 increasing their positions, 60 reducing their positions, and 27 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 33 (0)

4.58% less ownership

Funds ownership: 42.57%37.99% (-4.6%)

6% less funds holding

Funds holding: 178167 (-11)

11% less capital invested

Capital invested by funds: $352M → $312M (-$40M)

27% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 60

30% less first-time investments, than exits

New positions opened: 19 | Existing positions closed: 27

Holders
167
Holders Change
-11
Holders Change %
-6.18%
% of All Funds
2.41%
Holding in Top 10
3
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
19
Increased
44
Reduced
60
Closed
27
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
SOWBOCOPL
1
State of Wisconsin - Board of Commissioners of Public Lands
Wisconsin
$29.3M
Wells Fargo
2
Wells Fargo
California
$22.8M -$5.11M -148,056 -18%
LPL Financial
3
LPL Financial
California
$21.8M +$690K +19,971 +3%
Morgan Stanley
4
Morgan Stanley
New York
$17.5M -$15.9M -461,275 -48%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$15M -$1.64M -47,389 -10%
FLPIM
6
F.L. Putnam Investment Management
Massachusetts
$14.6M +$2.11M +61,011 +17%
Mariner
7
Mariner
Kansas
$12.4M +$89.7K +2,595 +0.7%
FCI
8
Financial Counselors Inc
Kansas
$11.2M -$12.3M -354,636 -52%
PAS
9
Park Avenue Securities
New York
$9.96M +$2.05M +59,243 +26%
BIA
10
Barry Investment Advisors
Massachusetts
$9.07M -$60.1K -1,741 -0.7%
UBS Group
11
UBS Group
Switzerland
$8.86M +$129K +3,748 +1%
Lido Advisors
12
Lido Advisors
California
$8.28M -$546K -15,812 -6%
Bank of America
13
Bank of America
North Carolina
$7.06M -$1.87M -54,261 -21%
AF
14
Allworth Financial
California
$5.82M -$202K -5,842 -3%
CSIA
15
Charles Schwab Investment Advisory
California
$5.09M -$455K -13,168 -8%
Truist Financial
16
Truist Financial
North Carolina
$4.89M +$26.6K +771 +0.6%
Envestnet Asset Management
17
Envestnet Asset Management
Illinois
$4.71M -$89.3K -2,585 -2%
LRWA
18
Long Run Wealth Advisors
New York
$4.7M +$132K +3,823 +3%
SIS
19
Sound Income Strategies
Florida
$4.63M +$424K +12,265 +10%
SA
20
Shilanski & Associates
Alaska
$4.33M +$202K +5,839 +5%
Mercer Global Advisors
21
Mercer Global Advisors
Colorado
$4.29M +$3.73M +107,852 +710%
SDAM
22
Shulman DeMeo Asset Management
New York
$4.09M -$67.8K -1,962 -2%
DJSG
23
D.J. St. Germain
Massachusetts
$3.91M +$1.41M +40,808 +57%
IRC
24
Investors Research Corp
Georgia
$3.34M -$107K -3,107 -3%
SAS
25
Sage Advisory Services
Texas
$2.75M -$241K -6,980 -8%

PSK Hedge Fund Activity: Q1 2024 in Review

167 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in State Street SPDR ICE Preferred Securities ETF (PSK) for Q1 2024, worth a combined $312M — down 11% from $352M a quarter earlier.

Sellers outnumbered buyers: 27 funds closed out of PSK and 19 opened new positions — a net loss of 8 holders — while 60 trimmed existing stakes and 44 added.

The largest buyer was Mercer Global Advisors, adding an estimated $3.73M. The largest seller was Morgan Stanley, cutting an estimated $15.9M.

  • 167 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2024, down from 178 in Q4 2023.
  • Funds reported $312M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2024, down 11% quarter-over-quarter.
  • 19 funds opened new State Street SPDR ICE Preferred Securities ETF positions in Q1 2024 and 27 closed out, a net change of -8 holders.
  • The largest State Street SPDR ICE Preferred Securities ETF buyer in Q1 2024 was Mercer Global Advisors, an estimated $3.73M added.
  • The largest State Street SPDR ICE Preferred Securities ETF seller in Q1 2024 was Morgan Stanley, an estimated $15.9M sold.

Based on aggregated 13F filings for Q1 2024.