State Street Income Allocation ETF
INKM
12 hedge funds and large institutions have $13.6M invested in State Street Income Allocation ETF in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 2 closing their positions.
2.14% less ownership
Funds ownership: 15.8% → 13.66% (-2.1%)
8% less funds holding
Funds holding: 13 → 12 (-1)
21% less capital invested
Capital invested by funds: $17.2M → $13.6M (-$3.68M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$468K |
| 2 |
Jane Street
New York
|
+$250K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
+$10.8K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$8.41K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$2.01M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$805K |
| 3 |
Morgan Stanley
New York
|
-$753K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$634K |
| 5 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$211K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
1
UBS
Zurich,
Switzerland
| $4.12M | -$2.01M | -65,122 | -33% |
|
|
2
Morgan Stanley
New York
| $2.85M | -$753K | -24,425 | -21% |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $2.23M | -$805K | -26,110 | -26% |
|
4
Bank of America
Charlotte,
North Carolina
| $1.31M | -$45.6K | -1,480 | -3% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $776K | -$634K | -20,589 | -45% |
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| $685K | – | – | – |
|
|
7
Jane Street
New York
| $464K | +$250K | +8,103 | +114% |
|
|
VKH
8
Virtu KCG Holdings
New York
| $464K | +$468K | +15,175 | New |
|
9
LPL Financial
San Diego,
California
| $312K | -$35.3K | -1,147 | -10% |
|
|
10
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $265K | +$8.41K | +273 | +3% |
|
|
WA
11
WFG Advisors
Dallas,
Texas
| $60K | +$10.8K | +350 | +22% |
|
12
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $44K | – | – | – |
|
|
PPA
13
Parametric Portfolio Associates
Seattle,
Washington
| – | -$211K | -6,948 | Closed |
|
|
WTC
14
WhitTier Trust Company
Reno,
Nevada
| – | -$94K | -3,100 | Closed |
|
INKM Hedge Fund Activity: Q4 2013 in Review
12 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q4 2013, worth a combined $13.6M — down 21% from $17.2M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of INKM and 1 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 3 added.
The largest buyer was Virtu KCG Holdings, opening a new position worth an estimated $468K. The largest seller was UBS, cutting an estimated $2.01M.
- 12 institutional investors held State Street Income Allocation ETF (INKM) as of Q4 2013, down from 13 in Q3 2013.
- Funds reported $13.6M of State Street Income Allocation ETF stock for Q4 2013, down 21% quarter-over-quarter.
- 1 fund opened new State Street Income Allocation ETF positions in Q4 2013 and 2 closed out, a net change of -1 holder.
- The largest State Street Income Allocation ETF buyer in Q4 2013 was Virtu KCG Holdings, an estimated $468K added.
- The largest State Street Income Allocation ETF seller in Q4 2013 was UBS, an estimated $2.01M sold.
Based on aggregated 13F filings for Q4 2013.