State Street Global Allocation ETF
GAL
11 hedge funds and large institutions have $20M invested in State Street Global Allocation ETF in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
38% more funds holding
Funds holding: 8 → 11 (+3)
21% more capital invested
Capital invested by funds: $16.5M → $20M (+$3.54M)
1.82% less ownership
Funds ownership: 26.16% → 24.34% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$1.17M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.15M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$789K |
| 4 |
LPL Financial
San Diego,
California
|
+$586K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$329K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5.81M | +$789K | +23,350 | +16% |
|
|
U
2
UBS
Zurich,
Switzerland
| $4.44M | +$1.17M | +34,621 | +36% |
|
|
CWM
3
Cabot Wealth Management
Salem,
Massachusetts
| $2.65M | +$121K | +3,577 | +5% |
|
4
Morgan Stanley
New York
| $1.84M | +$233K | +6,907 | +15% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $1.67M | -$1.11M | -32,699 | -40% |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.16M | +$1.15M | +33,900 | New |
|
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $879K | +$329K | +9,727 | +61% |
|
|
8
LPL Financial
San Diego,
California
| $594K | +$586K | +17,344 | New |
|
9
Commonwealth Equity Services
Waltham,
Massachusetts
| $563K | +$36.4K | +1,077 | +7% |
|
10
JP Morgan Chase
New York
| $403K | +$60.8K | +1,799 | +18% |
|
|
LTFS
11
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | +$22.3K | +659 | New |
|
GAL Hedge Fund Activity: Q1 2014 in Review
11 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q1 2014, worth a combined $20M — up 21% from $16.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GAL positions and 0 closed out — a net gain of 3 holders — while 7 added to existing stakes and 1 trimmed.
The largest buyer was UBS, adding an estimated $1.17M. The largest seller was Bank of America, cutting an estimated $1.11M.
- 11 institutional investors held State Street Global Allocation ETF (GAL) as of Q1 2014, up from 8 in Q4 2013.
- Funds reported $20M of State Street Global Allocation ETF stock for Q1 2014, up 21% quarter-over-quarter.
- 3 funds opened new State Street Global Allocation ETF positions in Q1 2014 and 0 closed out, a net change of +3 holders.
- The largest State Street Global Allocation ETF buyer in Q1 2014 was UBS, an estimated $1.17M added.
- The largest State Street Global Allocation ETF seller in Q1 2014 was Bank of America, an estimated $1.11M sold.
Based on aggregated 13F filings for Q1 2014.