State Street Income Allocation ETF
INKM
12 hedge funds and large institutions have $11.2M invested in State Street Income Allocation ETF in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
14% more capital invested
Capital invested by funds: $9.85M → $11.2M (+$1.37M)
9% more funds holding
Funds holding: 11 → 12 (+1)
1.01% more ownership
Funds ownership: 9.57% → 10.58% (+1%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.1M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$592K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$388K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$252K |
| 5 |
Morgan Stanley
New York
|
+$198K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
-$812K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$170K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $3.26M | +$388K | +11,931 | +13% |
|
|
U
2
UBS
Zurich,
Switzerland
| $2.15M | -$812K | -24,952 | -27% |
|
|
3
Morgan Stanley
New York
| $1.93M | +$198K | +6,069 | +11% |
|
|
4
Jane Street
New York
| $1.51M | +$1.1M | +33,717 | +240% |
|
|
VKH
5
Virtu KCG Holdings
New York
| $659K | -$170K | -5,219 | -20% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $623K | +$592K | +18,194 | +1,213% |
|
7
Bank of Montreal
Toronto,
Ontario, Canada
| $576K | +$64.7K | +1,989 | +12% |
|
|
8
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| $245K | +$252K | +7,745 | New |
|
|
WA
9
WFG Advisors
Dallas,
Texas
| $101K | – | – | – |
|
|
SSB
10
Sandy Spring Bank
Olney,
Maryland
| $95K | +$97.7K | +3,000 | New |
|
11
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $71K | +$26K | +800 | +54% |
|
|
AIG
12
American International Group
New York
| $1.58K | – | – | – |
|
|
13
Wells Fargo
San Francisco,
California
| – | -$8K | -255 | Closed |
|
INKM Hedge Fund Activity: Q3 2014 in Review
12 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in State Street Income Allocation ETF (INKM) for Q3 2014, worth a combined $11.2M — up 14% from $9.85M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new INKM positions and 1 closed out — a net gain of 1 holder — while 6 added to existing stakes and 2 trimmed.
The largest buyer was Jane Street, adding an estimated $1.1M. The largest seller was UBS, cutting an estimated $812K.
- 12 institutional investors held State Street Income Allocation ETF (INKM) as of Q3 2014, up from 11 in Q2 2014.
- Funds reported $11.2M of State Street Income Allocation ETF stock for Q3 2014, up 14% quarter-over-quarter.
- 2 funds opened new State Street Income Allocation ETF positions in Q3 2014 and 1 closed out, a net change of +1 holder.
- The largest State Street Income Allocation ETF buyer in Q3 2014 was Jane Street, an estimated $1.1M added.
- The largest State Street Income Allocation ETF seller in Q3 2014 was UBS, an estimated $812K sold.
Based on aggregated 13F filings for Q3 2014.