State Street Global Allocation ETF
GAL
12 hedge funds and large institutions have $22M invested in State Street Global Allocation ETF in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
10% more capital invested
Capital invested by funds: $20M → $22M (+$1.97M)
9% more funds holding
Funds holding: 11 → 12 (+1)
1.83% less ownership
Funds ownership: 24.34% → 22.52% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$689K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$629K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$575K |
| 4 |
Morgan Stanley
New York
|
+$461K |
| 5 |
Chevy Chase Trust
Bethesda,
Maryland
|
+$288K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 2 |
JP Morgan Chase
New York
|
-$403K |
| 3 |
U
UBS
Zurich,
Switzerland
|
-$83.4K |
| 4 |
CWM
Cabot Wealth Management
Salem,
Massachusetts
|
-$73.1K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$30.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Royal Bank of Canada
Toronto,
Ontario, Canada
| $6.61M | +$575K | +16,500 | +10% |
|
|
U
2
UBS
Zurich,
Switzerland
| $4.52M | -$83.4K | -2,391 | -2% |
|
|
CWM
3
Cabot Wealth Management
Salem,
Massachusetts
| $2.67M | -$73.1K | -2,098 | -3% |
|
|
4
Morgan Stanley
New York
| $2.38M | +$461K | +13,230 | +25% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $2.37M | +$629K | +18,050 | +37% |
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $1.03M | +$114K | +3,262 | +13% |
|
7
LPL Financial
San Diego,
California
| $812K | +$193K | +5,523 | +32% |
|
|
8
Jane Street
New York
| $702K | +$689K | +19,772 | New |
|
|
9
Commonwealth Equity Services
Waltham,
Massachusetts
| $553K | -$30.2K | -867 | -5% |
|
|
10
Chevy Chase Trust
Bethesda,
Maryland
| $293K | +$288K | +8,255 | New |
|
|
AIG
11
American International Group
New York
| $49.7K | +$48.8K | +1,400 | New |
|
|
LTFS
12
Ladenburg Thalmann Financial Services
Miami,
Florida
| $23K | – | – | – |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.16M | -33,900 | Closed |
|
|
14
JP Morgan Chase
New York
| – | -$403K | -11,777 | Closed |
|
GAL Hedge Fund Activity: Q2 2014 in Review
12 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q2 2014, worth a combined $22M — up 9.8% from $20M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new GAL positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $689K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.16M sold.
- 12 institutional investors held State Street Global Allocation ETF (GAL) as of Q2 2014, up from 11 in Q1 2014.
- Funds reported $22M of State Street Global Allocation ETF stock for Q2 2014, up 9.8% quarter-over-quarter.
- 3 funds opened new State Street Global Allocation ETF positions in Q2 2014 and 2 closed out, a net change of +1 holder.
- The largest State Street Global Allocation ETF buyer in Q2 2014 was Jane Street, an estimated $689K added.
- The largest State Street Global Allocation ETF seller in Q2 2014 was Susquehanna International Group, an estimated $1.16M sold.
Based on aggregated 13F filings for Q2 2014.