ALPS Strategic Income Fund
RIGS
32 hedge funds and large institutions have $410M invested in ALPS Strategic Income Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
19% more funds holding
Funds holding: 27 → 32 (+5)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $421M → $410M (-$10.5M)
1.16% less ownership
Funds ownership: 91.08% → 89.92% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$2.97M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.42M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$2.02M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$984K |
| 5 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$744K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.2M |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$7.11M |
| 3 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$3.36M |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.71M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$1.11M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HI
26
Hudock Inc
Williamsport,
Pennsylvania
| $65K | – | – | – |
|
|
WAS
27
Winch Advisory Services
Appleton,
Wisconsin
| $50K | +$50.2K | +2,063 | New |
|
28
Fifth Third Bancorp
Cincinnati,
Ohio
| $28K | +$28K | +1,149 | New |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $23K | +$22.8K | +937 | New |
|
|
WEC
30
Winslow Evans & Crocker
Boston,
Massachusetts
| $12.6K | +$146 | +6 | +1% |
|
|
PSI
31
Pinnacle Summer Investments
Fairfax,
Virginia
| $3K | +$3.41K | +140 | New |
|
|
32
Wells Fargo
San Francisco,
California
| – | -$1.11M | -46,006 | Closed |
|
33
Bank of America
Charlotte,
North Carolina
| – | -$17K | -723 | Closed |
|
RIGS Hedge Fund Activity: Q4 2015 in Review
32 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2015, worth a combined $410M — down 2.5% from $421M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RIGS positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $2.97M. The largest seller was Susquehanna International Group, cutting an estimated $8.2M.
- 32 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2015, up from 27 in Q3 2015.
- Funds reported $410M of ALPS Strategic Income Fund stock for Q4 2015, down 2.5% quarter-over-quarter.
- 7 funds opened new ALPS Strategic Income Fund positions in Q4 2015 and 2 closed out, a net change of +5 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2015 was Morgan Stanley, an estimated $2.97M added.
- The largest ALPS Strategic Income Fund seller in Q4 2015 was Susquehanna International Group, an estimated $8.2M sold.
Based on aggregated 13F filings for Q4 2015.