State Street Global Allocation ETF
GAL
32 hedge funds and large institutions have $65.4M invested in State Street Global Allocation ETF in 2016 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 31 → 32 (+1)
1.23% less ownership
Funds ownership: 35.98% → 34.75% (-1.2%)
5% less capital invested
Capital invested by funds: $69M → $65.4M (-$3.61M)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
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
|
+$2.46M |
| 2 |
HSA
HBK Sorce Advisory
Erie,
Pennsylvania
|
+$1.15M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$844K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$183K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$91.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$2.01M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.38M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$787K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$689K |
| 5 |
Jane Street
New York
|
-$687K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FNBT
26
FineMark National Bank & Trust
Fort Myers,
Florida
| $24K | -$1.66K | -50 | -6% |
|
|
AG
27
Advisor Group
Phoenix,
Arizona
| $22K | -$4.11K | -124 | -16% |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $21K | – | – | – |
|
|
RCA
29
Rowland Carmichael Advisors
Scottsdale,
Arizona
| $4K | – | – | – |
|
|
PA
30
Parallel Advisors
San Francisco,
California
| $3K | +$2.82K | +85 | New |
|
|
ACM
31
Armbruster Capital Management
Pittsford,
New York
| $1K | – | – | – |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$321K | -9,462 | Closed |
|
|
AP
33
Advisors Preferred
Rockville,
Maryland
| – | -$114K | -3,356 | Closed |
|
|
IWMPD
34
Integrated Wealth Management (Palm Desert)
Palm Desert,
California
| – | -$2K | -60 | Closed |
|
|
TRCT
35
Tower Research Capital (TRC)
New York
| – | -$1K | -30 | Closed |
|
GAL Hedge Fund Activity: Q4 2016 in Review
32 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q4 2016, worth a combined $65.4M — down 5.2% from $69M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new GAL positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 11 trimmed.
The largest buyer was Bank of America, adding an estimated $2.46M. The largest seller was Raymond James & Associates, cutting an estimated $2.01M.
- 32 institutional investors held State Street Global Allocation ETF (GAL) as of Q4 2016, up from 31 in Q3 2016.
- Funds reported $65.4M of State Street Global Allocation ETF stock for Q4 2016, down 5.2% quarter-over-quarter.
- 5 funds opened new State Street Global Allocation ETF positions in Q4 2016 and 4 closed out, a net change of +1 holder.
- The largest State Street Global Allocation ETF buyer in Q4 2016 was Bank of America, an estimated $2.46M added.
- The largest State Street Global Allocation ETF seller in Q4 2016 was Raymond James & Associates, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2016.