Confluence Investment Management’s State Street Income Allocation ETF INKM Stock Holding History

Confluence Investment Management’s Portfolio INKM Stock Details INKM Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-17,561	Closed	-$519K	–	236
2015 Q4	$519K	Buy	17,561 +9,897	+129%	+$300K	0.02%	206
2015 Q3	$227K	Buy	+7,664	New	+$236K	0.01%	223
2015 Q1	–	Sell	-10,590	Closed	-$340K	–	247
2014 Q4	$340K	Buy	+10,590	New	+$340K	0.01%	220

Other funds holding INKM

Envestnet Asset Management Chicago, Illinois $374B AUM 17.66% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

VKH

Virtu KCG Holdings New York $3.6B AUM 17.11% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

Advisors Preferred Rockville, Maryland $679M AUM 22.19% 1-Year Est. Return

UBS Group Zurich, Switzerland $666B AUM 30.12% 1-Year Est. Return

Confluence Investment Management's INKM Position: Q1 2016 in Review

Confluence Investment Management sold out of State Street Income Allocation ETF (INKM) in Q1 2016, closing a stake of 17,561 shares — an estimated $519K sold.

Confluence Investment Management first reported a position in INKM in Q4 2014 and held it in 3 quarters. The position peaked at $519K in Q4 2015. 17 funds tracked by Wall St. Rank hold INKM as of Q1 2016.

Confluence Investment Management reported no remaining State Street Income Allocation ETF position as of Q1 2016 after selling out during the quarter.
Confluence Investment Management sold 17,561 State Street Income Allocation ETF shares in Q1 2016, an estimated $519K.
Confluence Investment Management first reported a position in State Street Income Allocation ETF in Q4 2014 and held it in 3 quarters.
Confluence Investment Management's State Street Income Allocation ETF position peaked at $519K in Q4 2015.
17 funds tracked by Wall St. Rank held State Street Income Allocation ETF as of Q1 2016.

Based on Confluence Investment Management's 13F filing for Q1 2016, filed 4 May 2016.