State Street Income Allocation ETF
INKM
11 hedge funds and large institutions have $9.11M invested in State Street Income Allocation ETF in 2014 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 3 closing their positions.
4.16% less ownership
Funds ownership: 13.66% → 9.5% (-4.2%)
8% less funds holding
Funds holding: 12 → 11 (-1)
33% less capital invested
Capital invested by funds: $13.6M → $9.11M (-$4.46M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$508K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$94.4K |
| 3 |
AIG
American International Group
New York
|
+$1.54K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$556 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.2M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$794K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$776K |
| 4 |
LPL Financial
San Diego,
California
|
-$312K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$291K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
1
UBS
Zurich,
Switzerland
| $3.42M | -$794K | -25,732 | -19% |
|
2
Morgan Stanley
New York
| $2.72M | -$202K | -6,534 | -7% |
|
3
Bank of America
Charlotte,
North Carolina
| $1.07M | -$272K | -8,803 | -21% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $995K | +$508K | +16,464 | +108% |
|
|
5
Bank of Montreal
Toronto,
Ontario, Canada
| $408K | -$291K | -9,411 | -42% |
|
6
Jane Street
New York
| $232K | -$241K | -7,818 | -51% |
|
|
7
Wells Fargo
San Francisco,
California
| $96K | +$94.4K | +3,058 | New |
|
|
WA
8
WFG Advisors
Dallas,
Texas
| $62K | – | – | – |
|
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $47K | -$2.2M | -71,300 | -98% |
|
|
10
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $46K | +$556 | +18 | +1% |
|
|
AIG
11
American International Group
New York
| $1.57K | +$1.54K | +50 | New |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$776K | -25,380 | Closed |
|
|
13
LPL Financial
San Diego,
California
| – | -$312K | -10,217 | Closed |
|
14
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$265K | -8,684 | Closed |
|
INKM Hedge Fund Activity: Q1 2014 in Review
11 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q1 2014, worth a combined $9.11M — down 33% from $13.6M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of INKM and 2 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 2 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $508K. The largest seller was Royal Bank of Canada, cutting an estimated $2.2M.
- 11 institutional investors held State Street Income Allocation ETF (INKM) as of Q1 2014, down from 12 in Q4 2013.
- Funds reported $9.11M of State Street Income Allocation ETF stock for Q1 2014, down 33% quarter-over-quarter.
- 2 funds opened new State Street Income Allocation ETF positions in Q1 2014 and 3 closed out, a net change of -1 holder.
- The largest State Street Income Allocation ETF buyer in Q1 2014 was Virtu KCG Holdings, an estimated $508K added.
- The largest State Street Income Allocation ETF seller in Q1 2014 was Royal Bank of Canada, an estimated $2.2M sold.
Based on aggregated 13F filings for Q1 2014.