State Street Income Allocation ETF
INKM
30 hedge funds and large institutions have $89.6M invested in State Street Income Allocation ETF in 2021 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
11% more funds holding
Funds holding: 27 → 30 (+3)
16.01% less ownership
Funds ownership: 93.86% → 77.85% (-16%)
25% less capital invested
Capital invested by funds: $120M → $89.6M (-$30.3M)
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$1.95M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$744K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$441K |
| 4 |
RPC
Rossmore Private Capital
Glastonbury,
Connecticut
|
+$321K |
| 5 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$249K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$18M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$14.2M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.39M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$570K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$415K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Harbour Investments
Madison,
Wisconsin
| $17K | +$17.2K | +500 | New |
|
|
AIC
27
Ameritas Investment Company
Lincoln,
Nebraska
| $14.8K | +$14.7K | +428 | New |
|
28
JP Morgan Chase
New York
| $11K | – | – | – |
|
|
FGAM
29
Financial Gravity Asset Management
Lakeway,
Texas
| $103 | -$11.7K | -339 | -10% |
|
|
SS
30
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$18M | -530,385 | Closed |
|
|
UCFA
31
United Capital Financial Advisors
Irving,
Texas
| – | -$316K | -9,323 | Closed |
|
32
Citadel Advisors
Miami,
Florida
| – | -$261K | -7,715 | Closed |
|
|
TWM
33
Tradition Wealth Management
Edina,
Minnesota
| – | -$1K | -26 | Closed |
|
|
LAS
34
Lloyd Advisory Services
Suwanee,
Georgia
| – | +$34 | +1 | +10% |
|
INKM Hedge Fund Activity: Q1 2021 in Review
30 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q1 2021, worth a combined $89.6M — down 25% from $120M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new INKM positions and 4 closed out — a net gain of 3 holders — while 8 added to existing stakes and 13 trimmed.
The largest buyer was Stifel Financial, opening a new position worth an estimated $1.95M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $18M sold.
- 30 institutional investors held State Street Income Allocation ETF (INKM) as of Q1 2021, up from 27 in Q4 2020.
- Funds reported $89.6M of State Street Income Allocation ETF stock for Q1 2021, down 25% quarter-over-quarter.
- 7 funds opened new State Street Income Allocation ETF positions in Q1 2021 and 4 closed out, a net change of +3 holders.
- The largest State Street Income Allocation ETF buyer in Q1 2021 was Stifel Financial, an estimated $1.95M added.
- The largest State Street Income Allocation ETF seller in Q1 2021 was Simplicity Solutions, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2021.