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ALPS Strategic Income Fund

52 hedge funds and large institutions have $167M invested in ALPS Strategic Income Fund in 2018 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

225% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 4

18% more funds holding

Funds holding: 4452 (+8)

11.41% less ownership

Funds ownership: 82.43%71.02% (-11%)

17% less repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 18

40% less capital invested

Capital invested by funds: $280M → $167M (-$113M)

50% less funds holding in top 10

Funds holding in top 10: 21 (-1)

Holders
52
Holders Change
+8
Holders Change %
+18.18%
% of All Funds
1.19%
Holding in Top 10
1
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-50%
% of All Funds
0.02%
New
13
Increased
15
Reduced
18
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
26
Citadel Advisors
Florida
$438K +$443K +17,830 New
BCM
27
Bluefin Capital Management
New York
$380K +$384K +15,454 New
SWP
28
Stratos Wealth Partners
Ohio
$372K +$9.44K +380 +3%
CFA
29
Cahill Financial Advisors
Minnesota
$370K
VF
30
Virtu Financial
New York
$298K +$301K +12,125 New
Cambridge Investment Research Advisors
31
Cambridge Investment Research Advisors
Iowa
$288K -$347K -13,977 -54%
Cetera Investment Advisers
32
Cetera Investment Advisers
Illinois
$249K +$251K +10,118 New
Baird Financial Group
33
Baird Financial Group
Wisconsin
$246K -$99.1K -3,988 -29%
BFEC
34
Benjamin F. Edwards & Company
Missouri
$234K -$52.2K -2,102 -18%
AG
35
Advisor Group
Arizona
$192K +$9.66K +389 +5%
Wells Fargo
36
Wells Fargo
California
$176K -$3.88K -156 -2%
BCWM
37
Bartlett & Co Wealth Management
Ohio
$32.2K +$32.5K +1,309 New
BC
38
Bartlett & Co
Ohio
$32K +$32.5K +1,309 New
Manulife (Manufacturers Life Insurance)
39
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$31K +$9.07K +365 +42%
IA
40
IFP Advisors
Florida
$24K
AWMS
41
Advocacy Wealth Management Services
Georgia
$23K -$22.3K -898 -49%
AWA
42
Acorn Wealth Advisors
Michigan
$19K
MOS
43
MGO One Seven
Ohio
$16K -$16.2K -654 -50%
Bank of Montreal
44
Bank of Montreal
Ontario, Canada
$12K
HI
45
Hudock Inc
Pennsylvania
$10K -$25.7K -1,035 -70%
LTFS
46
Ladenburg Thalmann Financial Services
Florida
$9K -$3.15K -127 -27%
US Bancorp
47
US Bancorp
Minnesota
$9K
AAM
48
Advisors Asset Management
Colorado
$9K +$9.22K +371 New
Bank of America
49
Bank of America
North Carolina
$8K +$2.63K +106 +47%
VFA
50
Valeo Financial Advisors
Indiana
$6K +$5.84K +235 New

RIGS Hedge Fund Activity: Q1 2018 in Review

52 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2018, worth a combined $167M — down 40% from $280M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new RIGS positions and 4 closed out — a net gain of 9 holders — while 15 added to existing stakes and 18 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $4.34M. The largest seller was RiverFront Investment Group, cutting an estimated $90.9M.

  • 52 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2018, up from 44 in Q4 2017.
  • Funds reported $167M of ALPS Strategic Income Fund stock for Q1 2018, down 40% quarter-over-quarter.
  • 13 funds opened new ALPS Strategic Income Fund positions in Q1 2018 and 4 closed out, a net change of +9 holders.
  • The largest ALPS Strategic Income Fund buyer in Q1 2018 was Jane Street, an estimated $4.34M added.
  • The largest ALPS Strategic Income Fund seller in Q1 2018 was RiverFront Investment Group, an estimated $90.9M sold.

Based on aggregated 13F filings for Q1 2018.