State Street SPDR ICE Preferred Securities ETF
PSK
168 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, 45 increasing their positions, 59 reducing their positions, and 27 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 3 → 3 (0)
2.72% less ownership
Funds ownership: 40.71% → 37.99% (-2.7%)
6% less funds holding
Funds holding: 179 → 168 (-11)
7% less capital invested
Capital invested by funds: $336M → $312M (-$24.5M)
24% less repeat investments, than reductions
Existing positions increased: 45 | Existing positions reduced: 59
30% less first-time investments, than exits
New positions opened: 19 | Existing positions closed: 27
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Mercer Global Advisors
Denver,
Colorado
|
+$3.73M |
| 2 |
FLPIM
F.L. Putnam Investment Management
Lynnfield,
Massachusetts
|
+$2.11M |
| 3 |
PAS
Park Avenue Securities
New York
|
+$2.05M |
| 4 |
DJSG
D.J. St. Germain
Springfield,
Massachusetts
|
+$1.41M |
| 5 |
Balyasny Asset Management
Chicago,
Illinois
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$12.3M |
| 2 |
MPWT
MassMutual Private Wealth & Trust
Windsor,
Connecticut
|
-$6.6M |
| 3 |
APWA
Atlas Private Wealth Advisors
Matawan,
New Jersey
|
-$5.15M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.11M |
| 5 |
PWA
Provenance Wealth Advisors
Fort Lauderdale,
Florida
|
-$4.63M |
PSK Hedge Fund Activity: Q1 2024 in Review
168 of the 6,958 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 7.3% from $336M a quarter earlier.
Sellers outnumbered buyers: 27 funds closed out of PSK and 19 opened new positions — a net loss of 8 holders — while 59 trimmed existing stakes and 45 added.
The largest buyer was Mercer Global Advisors, adding an estimated $3.73M. The largest seller was Financial Counselors Inc, cutting an estimated $12.3M.
- 168 institutional investors held State Street SPDR ICE Preferred Securities ETF (PSK) as of Q1 2024, down from 179 in Q4 2023.
- Funds reported $312M of State Street SPDR ICE Preferred Securities ETF stock for Q1 2024, down 7.3% 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 Financial Counselors Inc, an estimated $12.3M sold.
Based on aggregated 13F filings for Q1 2024.