ALPS Strategic Income Fund
RIGS
27 hedge funds and large institutions have $421M invested in ALPS Strategic Income Fund in 2015 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
17% more funds holding
Funds holding: 23 → 27 (+4)
1.84% more ownership
Funds ownership: 89.24% → 91.08% (+1.8%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
6% less capital invested
Capital invested by funds: $448M → $421M (-$28M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$14.9M |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$2.03M |
| 3 |
Jane Street
New York
|
+$2.01M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.87M |
| 5 |
Morgan Stanley
New York
|
+$1.54M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$30.3M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$5.8M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$3.59M |
| 4 |
Koshinski Asset Management
Decatur,
Illinois
|
-$256K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$113K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | -$103K | -4,166 | -93% |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$14K | -580 | Closed |
|
RIGS Hedge Fund Activity: Q3 2015 in Review
27 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2015, worth a combined $421M — down 6.2% from $448M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RIGS positions and 1 closed out — a net gain of 4 holders — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $14.9M. The largest seller was RiverFront Investment Group, cutting an estimated $30.3M.
- 27 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2015, up from 23 in Q2 2015.
- Funds reported $421M of ALPS Strategic Income Fund stock for Q3 2015, down 6.2% quarter-over-quarter.
- 5 funds opened new ALPS Strategic Income Fund positions in Q3 2015 and 1 closed out, a net change of +4 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2015 was Susquehanna International Group, an estimated $14.9M added.
- The largest ALPS Strategic Income Fund seller in Q3 2015 was RiverFront Investment Group, an estimated $30.3M sold.
Based on aggregated 13F filings for Q3 2015.