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ALPS Strategic Income Fund

54 hedge funds and large institutions have $85M invested in ALPS Strategic Income Fund in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 17 increasing their positions, 24 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.54% more ownership

Funds ownership: 58.78%60.32% (+1.5%)

14% less funds holding

Funds holding: 6354 (-9)

18% less capital invested

Capital invested by funds: $103M → $85M (-$18.1M)

29% less repeat investments, than reductions

Existing positions increased: 17 | Existing positions reduced: 24

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
54
Holders Change
-9
Holders Change %
-14.29%
% of All Funds
1.19%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
17
Reduced
24
Closed
13
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
PFS
26
Prospera Financial Services
Texas
$866K -$189K -7,867 -17%
RJFSA
27
Raymond James Financial Services Advisors
Florida
$793K -$229K -9,497 -21%
SWP
28
Stratos Wealth Partners
Ohio
$673K +$59.6K +2,474 +9%
Creative Planning
29
Creative Planning
Kansas
$661K
IA
30
IFG Advisory
Georgia
$624K -$7.68K -319 -1%
CAC
31
Certified Advisory Corp
Florida
$478K -$1.23K -51 -0.2%
MML Investors Services
32
MML Investors Services
Massachusetts
$453K +$99.3K +4,125 +26%
HH
33
Hilltop Holdings
Texas
$353K +$24.9K +1,033 +7%
BFEC
34
Benjamin F. Edwards & Company
Missouri
$309K +$3.13K +130 +1%
WGCA
35
Wolf Group Capital Advisors
Virginia
$293K +$31.7K +1,317 +11%
CIBC World Market
36
CIBC World Market
Ontario, Canada
$280K
HFP
37
Holistic Financial Partners
Indiana
$226K +$243K +10,097 New
UBS Group
38
UBS Group
Switzerland
$222K -$119K -4,934 -33%
NA
39
NewEdge Advisors
Louisiana
$220K -$17.2K -715 -7%
AC
40
Avestar Capital
New York
$214K -$18.7K -776 -7%
DI
41
DFPG Investments
Utah
$205K +$1.01K +42 +0.5%
AAM
42
Advisors Asset Management
Colorado
$71K -$60.5K -2,514 -44%
GWM
43
Geneos Wealth Management
Colorado
$43K
EP
44
Eudaimonia Partners
Tennessee
$20K
Wells Fargo
45
Wells Fargo
California
$15K +$48 +2 +0.3%
Citigroup
46
Citigroup
New York
$11K -$10.7K -445 -47%
AssetMark Inc
47
AssetMark Inc
California
$11K +$11.9K +495 New
SIM
48
Sonora Investment Management
Arizona
$11K +$12K +500 New
SFA
49
Semmax Financial Advisors
North Carolina
$10K
WAP
50
Wealthcare Advisory Partners
Pennsylvania
$8K +$48 +2 +0.6%

RIGS Hedge Fund Activity: Q1 2020 in Review

54 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2020, worth a combined $85M — down 18% from $103M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of RIGS and 7 opened new positions — a net loss of 6 holders — while 24 trimmed existing stakes and 17 added.

The largest buyer was Jane Street, adding an estimated $5.51M. The largest seller was Good Life Advisors, exiting entirely with an estimated $3.57M sold.

  • 54 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2020, down from 63 in Q4 2019.
  • Funds reported $85M of ALPS Strategic Income Fund stock for Q1 2020, down 18% quarter-over-quarter.
  • 7 funds opened new ALPS Strategic Income Fund positions in Q1 2020 and 13 closed out, a net change of -6 holders.
  • The largest ALPS Strategic Income Fund buyer in Q1 2020 was Jane Street, an estimated $5.51M added.
  • The largest ALPS Strategic Income Fund seller in Q1 2020 was Good Life Advisors, an estimated $3.57M sold.

Based on aggregated 13F filings for Q1 2020.