State Street Global Allocation ETF
GAL
30 hedge funds and large institutions have $73.9M invested in State Street Global Allocation ETF in 2016 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 8 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
5.42% less ownership
Funds ownership: 46.92% → 41.5% (-5.4%)
9% less funds holding
Funds holding: 33 → 30 (-3)
17% less capital invested
Capital invested by funds: $89.4M → $73.9M (-$15.5M)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$2.16M |
| 2 |
LPL Financial
San Diego,
California
|
+$807K |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$428K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$423K |
| 5 |
Jane Street
New York
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
-$9.31M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.73M |
| 3 |
Morgan Stanley
New York
|
-$2.04M |
| 4 |
JP Morgan Chase
New York
|
-$1.96M |
| 5 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$949K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $8K | +$7.99K | +250 | New |
|
|
RCA
27
Rowland Carmichael Advisors
Scottsdale,
Arizona
| $4K | +$3.8K | +119 | New |
|
|
IWMPD
28
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $2K | – | – | – |
|
|
ACM
29
Armbruster Capital Management
Pittsford,
New York
| $1K | – | – | – |
|
|
RJFSA
30
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$429K | -13,051 | Closed |
|
|
AEPG
31
American Economic Planning Group
Warren,
New Jersey
| – | -$376K | -11,433 | Closed |
|
|
AI
32
Atria Investments
Charlotte,
North Carolina
| – | -$363K | -11,433 | Closed |
|
|
1GA
33
1st Global Advisors
Dallas,
Texas
| – | -$293K | -8,929 | Closed |
|
|
UCFA
34
United Capital Financial Advisors
Irving,
Texas
| – | -$228K | -6,950 | Closed |
|
35
Citigroup
New York
| – | -$184K | -5,600 | Closed |
|
|
CC
36
Cassaday & Co
Mclean,
Virginia
| – | -$98K | -2,982 | Closed |
|
GAL Hedge Fund Activity: Q1 2016 in Review
30 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q1 2016, worth a combined $73.9M — down 17% from $89.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of GAL and 6 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 10 added.
The largest buyer was Bank of America, adding an estimated $2.16M. The largest seller was HBK Sorce Advisory, cutting an estimated $9.31M.
- 30 institutional investors held State Street Global Allocation ETF (GAL) as of Q1 2016, down from 33 in Q4 2015.
- Funds reported $73.9M of State Street Global Allocation ETF stock for Q1 2016, down 17% quarter-over-quarter.
- 6 funds opened new State Street Global Allocation ETF positions in Q1 2016 and 8 closed out, a net change of -2 holders.
- The largest State Street Global Allocation ETF buyer in Q1 2016 was Bank of America, an estimated $2.16M added.
- The largest State Street Global Allocation ETF seller in Q1 2016 was HBK Sorce Advisory, an estimated $9.31M sold.
Based on aggregated 13F filings for Q1 2016.