State Street Income Allocation ETF
INKM
27 hedge funds and large institutions have $120M invested in State Street Income Allocation ETF in 2020 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
71% more capital invested
Capital invested by funds: $70.1M → $120M (+$49.8M)
19.95% more ownership
Funds ownership: 73.9% → 93.86% (+20%)
17% more funds holding
Funds holding: 23 → 27 (+4)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$17.9M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$17.4M |
| 3 |
TC
Trilogy Capital
Irvine,
California
|
+$5.7M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.94M |
| 5 |
PFGIA
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
|
+$195K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$861K |
| 2 |
LPL Financial
San Diego,
California
|
-$321K |
| 3 |
ACM
AlphaStar Capital Management
Cornelius,
North Carolina
|
-$275K |
| 4 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$114K |
| 5 |
CI
CX Institutional
Auburn,
Indiana
|
-$55.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TWM
26
Tradition Wealth Management
Edina,
Minnesota
| $1K | +$851 | +26 | New |
|
|
27
Baird Financial Group
Milwaukee,
Wisconsin
| – | -$861K | -27,711 | Closed |
|
|
AP
28
Advisors Preferred
Rockville,
Maryland
| – | -$13K | -429 | Closed |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| – | -$8K | -250 | Closed |
|
|
LAS
30
Lloyd Advisory Services
Suwanee,
Georgia
| – | +$327 | +10 | New |
|
INKM Hedge Fund Activity: Q4 2020 in Review
27 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q4 2020, worth a combined $120M — up 71% from $70.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new INKM positions and 3 closed out — a net gain of 4 holders — while 9 added to existing stakes and 9 trimmed.
The largest buyer was AE Wealth Management, opening a new position worth an estimated $17.9M. The largest seller was Baird Financial Group, exiting entirely with an estimated $861K sold.
- 27 institutional investors held State Street Income Allocation ETF (INKM) as of Q4 2020, up from 23 in Q3 2020.
- Funds reported $120M of State Street Income Allocation ETF stock for Q4 2020, up 71% quarter-over-quarter.
- 7 funds opened new State Street Income Allocation ETF positions in Q4 2020 and 3 closed out, a net change of +4 holders.
- The largest State Street Income Allocation ETF buyer in Q4 2020 was AE Wealth Management, an estimated $17.9M added.
- The largest State Street Income Allocation ETF seller in Q4 2020 was Baird Financial Group, an estimated $861K sold.
Based on aggregated 13F filings for Q4 2020.