ALPS Strategic Income Fund
RIGS
59 hedge funds and large institutions have $87.4M invested in ALPS Strategic Income Fund in 2019 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 19 increasing their positions, 22 reducing their positions, and 5 closing their positions.
120% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 5
7% more funds holding
Funds holding: 55 → 59 (+4)
4% more capital invested
Capital invested by funds: $83.9M → $87.4M (+$3.47M)
4.82% less ownership
Funds ownership: 61.26% → 56.45% (-4.8%)
14% less repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 22
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.77M |
| 2 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$1.25M |
| 3 |
HFP
Holistic Financial Partners
Indianapolis,
Indiana
|
+$500K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$482K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.53M |
| 2 |
BTS
BB&T Securities
Richmond,
Virginia
|
-$990K |
| 3 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$790K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
-$561K |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$440K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Citigroup
New York
| $11K | +$11K | +445 | New |
|
|
SIM
52
Sonora Investment Management
Tucson,
Arizona
| $7K | +$7.43K | +300 | New |
|
|
BHWM
53
Bay Harbor Wealth Management
Hunt Valley,
Maryland
| $6K | -$6.41K | -259 | -50% |
|
|
VFA
54
Valeo Financial Advisors
Carmel,
Indiana
| $6K | – | – | – |
|
|
CMBA
55
C.M. Bidwell & Associates
Honolulu,
Hawaii
| $5K | +$4.95K | +200 | New |
|
|
FHA
56
Flagship Harbor Advisors
Boston,
Massachusetts
| $3K | – | – | – |
|
|
TA
57
TCG Advisors
Austin,
Texas
| $3K | +$25 | +1 | +0.8% |
|
58
Koshinski Asset Management
Decatur,
Illinois
| – | -$4.72K | -191,756 | Closed |
|
|
FTUS
59
Flow Traders U.S.
New York
| – | -$561K | -22,779 | Closed |
|
|
CA
60
Cetera Advisors
Denver,
Colorado
| – | -$23K | -950 | Closed |
|
61
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$20K | -832 | Closed |
|
|
WCM
62
WealthBridge Capital Management
Westerville,
Ohio
| – | -$8K | -305 | Closed |
|
63
Fidelity Investments
Boston,
Massachusetts
| – | +$99 | +4 | New |
|
RIGS Hedge Fund Activity: Q2 2019 in Review
59 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2019, worth a combined $87.4M — up 4.1% from $83.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RIGS positions and 5 closed out — a net gain of 6 holders — while 19 added to existing stakes and 22 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $1.77M. The largest seller was Jane Street, cutting an estimated $2.53M.
- 59 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2019, up from 55 in Q1 2019.
- Funds reported $87.4M of ALPS Strategic Income Fund stock for Q2 2019, up 4.1% quarter-over-quarter.
- 11 funds opened new ALPS Strategic Income Fund positions in Q2 2019 and 5 closed out, a net change of +6 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2019 was Morgan Stanley, an estimated $1.77M added.
- The largest ALPS Strategic Income Fund seller in Q2 2019 was Jane Street, an estimated $2.53M sold.
Based on aggregated 13F filings for Q2 2019.