State Street Global Allocation ETF
GAL
31 hedge funds and large institutions have $68.1M invested in State Street Global Allocation ETF in 2016 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% more funds holding
Funds holding: 30 → 31 (+1)
3.02% less ownership
Funds ownership: 41.5% → 38.47% (-3%)
8% less capital invested
Capital invested by funds: $73.9M → $68.1M (-$5.83M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$1.24M |
| 2 |
Jane Street
New York
|
+$1.21M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$1.01M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$572K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$284K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$4.46M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.72M |
| 3 |
Morgan Stanley
New York
|
-$1.64M |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$438K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SEI Investments
Oaks,
Pennsylvania
| $13K | +$13.2K | +398 | New |
|
|
RCA
27
Rowland Carmichael Advisors
Scottsdale,
Arizona
| $4K | – | – | – |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| $3K | +$2.52K | +76 | New |
|
|
ACM
29
Armbruster Capital Management
Pittsford,
New York
| $2K | – | – | – |
|
|
IWMPD
30
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $2K | – | – | – |
|
|
31
HighTower Advisors
Chicago,
Illinois
| – | -$4.46M | -135,135 | Closed |
|
|
32
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$1.6M | -48,552 | Closed |
|
|
33
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$438K | -13,254 | Closed |
|
|
HSA
34
HBK Sorce Advisory
Erie,
Pennsylvania
| – | -$267K | -8,103 | Closed |
|
|
AIG
35
American International Group
New York
| – | -$26K | -791 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$8K | -250 | Closed |
|
GAL Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q2 2016, worth a combined $68.1M — down 7.9% from $73.9M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GAL positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Burt Wealth Advisors, adding an estimated $1.24M. The largest seller was HighTower Advisors, exiting entirely with an estimated $4.46M sold.
- 31 institutional investors held State Street Global Allocation ETF (GAL) as of Q2 2016, up from 30 in Q1 2016.
- Funds reported $68.1M of State Street Global Allocation ETF stock for Q2 2016, down 7.9% quarter-over-quarter.
- 7 funds opened new State Street Global Allocation ETF positions in Q2 2016 and 6 closed out, a net change of +1 holder.
- The largest State Street Global Allocation ETF buyer in Q2 2016 was Burt Wealth Advisors, an estimated $1.24M added.
- The largest State Street Global Allocation ETF seller in Q2 2016 was HighTower Advisors, an estimated $4.46M sold.
Based on aggregated 13F filings for Q2 2016.