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ALPS Strategic Income Fund

44 hedge funds and large institutions have $280M invested in ALPS Strategic Income Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

163% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 8

75% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 4

7% more funds holding

Funds holding: 4144 (+3)

3% more capital invested

Capital invested by funds: $272M → $280M (+$7.46M)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0.91% less ownership

Funds ownership: 83.34%82.43% (-0.91%)

Holders
44
Holders Change
+3
Holders Change %
+7.32%
% of All Funds
1%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
7
Increased
21
Reduced
8
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Baird Financial Group
26
Baird Financial Group
Wisconsin
$352K +$44K +1,738 +14%
FA
27
FDx Advisors
Illinois
$295K -$11.1K -440 -4%
BFEC
28
Benjamin F. Edwards & Company
Missouri
$292K +$42.7K +1,689 +17%
AG
29
Advisor Group
Arizona
$188K -$17K -674 -8%
Wells Fargo
30
Wells Fargo
California
$184K -$6.65K -263 -3%
AWMS
31
Advocacy Wealth Management Services
Georgia
$46K
HI
32
Hudock Inc
Pennsylvania
$37K
MOS
33
MGO One Seven
Ohio
$33K +$32.8K +1,297 New
IA
34
IFP Advisors
Florida
$24K
CAPTRUST Financial Advisors
35
CAPTRUST Financial Advisors
North Carolina
$23K
Manulife (Manufacturers Life Insurance)
36
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$22K
AWA
37
Acorn Wealth Advisors
Michigan
$20K +$19.9K +787 New
FAAS
38
First Allied Advisory Services
California
$14K +$14.6K +576 New
LTFS
39
Ladenburg Thalmann Financial Services
Florida
$12K +$3.69K +146 +44%
Bank of Montreal
40
Bank of Montreal
Ontario, Canada
$12K +$12K +475 New
US Bancorp
41
US Bancorp
Minnesota
$9K
APA
42
American Portfolios Advisors
New York
$6.01K +$6.04K +239 New
Bank of America
43
Bank of America
North Carolina
$6K -$29.9K -1,184 -84%
VF
44
Virtu Financial
New York
-$943K -37,076 Closed
PFS
45
Prospera Financial Services
Texas
-$562K -22,109 Closed
First Manhattan
46
First Manhattan
New York
-$25K -987 Closed
SQA
47
Simon Quick Advisors
New Jersey
-$11K -446 Closed

RIGS Hedge Fund Activity: Q4 2017 in Review

44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2017, worth a combined $280M — up 2.7% from $272M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RIGS positions and 4 closed out — a net gain of 3 holders — while 21 added to existing stakes and 8 trimmed.

The largest buyer was Global Financial Private Capital, opening a new position worth an estimated $2.86M. The largest seller was Virtu Financial, exiting entirely with an estimated $943K sold.

  • 44 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2017, up from 41 in Q3 2017.
  • Funds reported $280M of ALPS Strategic Income Fund stock for Q4 2017, up 2.7% quarter-over-quarter.
  • 7 funds opened new ALPS Strategic Income Fund positions in Q4 2017 and 4 closed out, a net change of +3 holders.
  • The largest ALPS Strategic Income Fund buyer in Q4 2017 was Global Financial Private Capital, an estimated $2.86M added.
  • The largest ALPS Strategic Income Fund seller in Q4 2017 was Virtu Financial, an estimated $943K sold.

Based on aggregated 13F filings for Q4 2017.