State Street Global Allocation ETF
GAL
41 hedge funds and large institutions have $80.8M invested in State Street Global Allocation ETF in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
3% less capital invested
Capital invested by funds: $83M → $80.8M (-$2.16M)
2% less funds holding
Funds holding: 42 → 41 (-1)
2.93% less ownership
Funds ownership: 36.87% → 33.94% (-2.9%)
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.63M |
| 2 |
GC
Grimes & Company
Westborough,
Massachusetts
|
+$971K |
| 3 |
RPC
Rossmore Private Capital
Glastonbury,
Connecticut
|
+$323K |
| 4 |
LPL Financial
San Diego,
California
|
+$233K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$221K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWAG
Garrett Wealth Advisory Group
Weatherford,
Texas
|
-$4.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.91M |
| 3 |
Morgan Stanley
New York
|
-$1.56M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$1.39M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.36M |
GAL Hedge Fund Activity: Q2 2020 in Review
41 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in State Street Global Allocation ETF (GAL) for Q2 2020, worth a combined $80.8M — down 2.6% from $83M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new GAL positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 18 trimmed.
The largest buyer was First Foundation Advisors, opening a new position worth an estimated $1.63M. The largest seller was Garrett Wealth Advisory Group, exiting entirely with an estimated $4.23M sold.
- 41 institutional investors held State Street Global Allocation ETF (GAL) as of Q2 2020, down from 42 in Q1 2020.
- Funds reported $80.8M of State Street Global Allocation ETF stock for Q2 2020, down 2.6% quarter-over-quarter.
- 7 funds opened new State Street Global Allocation ETF positions in Q2 2020 and 6 closed out, a net change of +1 holder.
- The largest State Street Global Allocation ETF buyer in Q2 2020 was First Foundation Advisors, an estimated $1.63M added.
- The largest State Street Global Allocation ETF seller in Q2 2020 was Garrett Wealth Advisory Group, an estimated $4.23M sold.
Based on aggregated 13F filings for Q2 2020.