State Street Income Allocation ETF
INKM
23 hedge funds and large institutions have $70.1M invested in State Street Income Allocation ETF in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 8 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 8
8% less funds holding
Funds holding: 25 → 23 (-2)
16.72% less ownership
Funds ownership: 90.62% → 73.9% (-17%)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
39% less capital invested
Capital invested by funds: $114M → $70.1M (-$44.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$291K |
| 2 |
RPC
Rossmore Private Capital
Glastonbury,
Connecticut
|
+$248K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$243K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$122K |
| 5 |
CI
CX Institutional
Auburn,
Indiana
|
+$58.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$19.4M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$19M |
| 3 |
TC
Trilogy Capital
Irvine,
California
|
-$6.13M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$885K |
| 5 |
State Street
Boston,
Massachusetts
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
26
Trilogy Capital
Irvine,
California
| – | -$6.13M | -197,182 | Closed |
|
|
PAG
27
Private Advisor Group
Morristown,
New Jersey
| – | -$37K | -1,231 | Closed |
|
28
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$15K | -500 | Closed |
|
|
LAS
29
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$3K | -100 | Closed |
|
INKM Hedge Fund Activity: Q3 2020 in Review
23 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q3 2020, worth a combined $70.1M — down 39% from $114M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of INKM and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 8 added.
The largest buyer was UBS Group, adding an estimated $291K. The largest seller was AE Wealth Management, exiting entirely with an estimated $19.4M sold.
- 23 institutional investors held State Street Income Allocation ETF (INKM) as of Q3 2020, down from 25 in Q2 2020.
- Funds reported $70.1M of State Street Income Allocation ETF stock for Q3 2020, down 39% quarter-over-quarter.
- 4 funds opened new State Street Income Allocation ETF positions in Q3 2020 and 6 closed out, a net change of -2 holders.
- The largest State Street Income Allocation ETF buyer in Q3 2020 was UBS Group, an estimated $291K added.
- The largest State Street Income Allocation ETF seller in Q3 2020 was AE Wealth Management, an estimated $19.4M sold.
Based on aggregated 13F filings for Q3 2020.