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ALPS Strategic Income Fund
RIGS

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: 63 → 54 (-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
–

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$5.51M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.7M
3
Cetera Investment Advisers
Cetera Investment Advisers
Illinois
+$591K
4
Citadel Advisors
Citadel Advisors
Florida
+$546K
5
Cambridge Investment Research Advisors
Cambridge Investment Research Advisors
Iowa
+$348K

Top Sellers

Rank Fund Capital Flow
1
GLA
Good Life Advisors
Pennsylvania
-$3.57M
2
CWM
Cornerstone Wealth Management
Missouri
-$1.52M
3
GFPC
Global Financial Private Capital
Florida
-$1.35M
4
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
-$1.35M
5
CCFM
Clear Creek Financial Management
Washington
-$1.34M
Name Holding Trade Value Shares
Change 		Change in
Stake
VFA
51
Valeo Financial Advisors
Indiana
$6K – – –
SWM
52
Sugarloaf Wealth Management
Georgia
$5K +$48 +2 +0.9%
SF
53
Synovus Financial
Georgia
$1K +$1.18K +49 New
SFS
54
Sowell Financial Services
Arkansas
$1K +$1.52K +63 New
GLA
55
Good Life Advisors
Pennsylvania
– -$3.57M -143,836 Closed
CCFM
56
Clear Creek Financial Management
Washington
– -$1.34M -53,861 Closed
PCM
57
Price Capital Management
Louisiana
– -$949K -37,000 Closed
NFG
58
Nations Financial Group
Iowa
– -$851K -34,215 Closed
PA
59
Procyon Advisors
Connecticut
– -$614K -24,681 Closed
CRWM
60
Castle Rock Wealth Management
California
– -$535K -21,548 Closed
PFA
61
Professional Financial Advisors
Nebraska
– -$396K -15,940 Closed
CFA
62
Cahill Financial Advisors
Minnesota
– -$281K -11,259 Closed
CA
63
Cetera Advisors
Colorado
– -$271K -10,979 Closed
Barclays
64
Barclays
United Kingdom
– -$174K -7,000 Closed
TA
65
TFG Advisers
Michigan
– -$82K -3,336 Closed
AF
66
Advisornet Financial
Minnesota
– -$12K -500 Closed
CMBA
67
C.M. Bidwell & Associates
Hawaii
– -$6K -250 Closed
1 2
3

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.