State Street Global Allocation ETF
GAL
31 hedge funds and large institutions have $69M invested in State Street Global Allocation ETF in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 7 reducing their positions, and 3 closing their positions.
57% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 7
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
1% more capital invested
Capital invested by funds: $68.1M → $69M (+$944K)
0% more funds holding
Funds holding: 31 → 31 (0)
2.49% less ownership
Funds ownership: 38.47% → 35.98% (-2.5%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$2.61M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.44M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$692K |
| 4 |
TA
TMD & Associates
Scottsdale,
Arizona
|
+$353K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$321K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$3.35M |
| 2 |
Jane Street
New York
|
-$620K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$490K |
| 4 |
Morgan Stanley
New York
|
-$288K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$257K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $21K | – | – | – |
|
|
RCA
27
Rowland Carmichael Advisors
Scottsdale,
Arizona
| $4K | – | – | – |
|
|
ACM
28
Armbruster Capital Management
Pittsford,
New York
| $2K | – | – | – |
|
|
IWMPD
29
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| $2K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1K | -$1.56K | -46 | -61% |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$257K | -7,686 | Closed |
|
32
Citadel Advisors
Miami,
Florida
| – | -$238K | -7,137 | Closed |
|
33
SEI Investments
Oaks,
Pennsylvania
| – | -$13K | -398 | Closed |
|
GAL Hedge Fund Activity: Q3 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 Q3 2016, worth a combined $69M — up 1.4% from $68.1M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new GAL positions and 3 closed out — a net gain of 1 holder — while 11 added to existing stakes and 7 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $2.61M. The largest seller was Envestnet Asset Management, cutting an estimated $3.35M.
- 31 institutional investors held State Street Global Allocation ETF (GAL) as of Q3 2016, unchanged from Q2 2016.
- Funds reported $69M of State Street Global Allocation ETF stock for Q3 2016, up 1.4% quarter-over-quarter.
- 4 funds opened new State Street Global Allocation ETF positions in Q3 2016 and 3 closed out, a net change of +1 holder.
- The largest State Street Global Allocation ETF buyer in Q3 2016 was Raymond James & Associates, an estimated $2.61M added.
- The largest State Street Global Allocation ETF seller in Q3 2016 was Envestnet Asset Management, an estimated $3.35M sold.
Based on aggregated 13F filings for Q3 2016.