ALPS Strategic Income Fund
RIGS
52 hedge funds and large institutions have $71.4M invested in ALPS Strategic Income Fund in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 29 reducing their positions, and 6 closing their positions.
4% less funds holding
Funds holding: 54 → 52 (-2)
4.4% less ownership
Funds ownership: 60.32% → 55.91% (-4.4%)
16% less capital invested
Capital invested by funds: $85M → $71.4M (-$13.5M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
62% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 29
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$2.52M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
+$597K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$224K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$186K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$142K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$3.79M |
| 2 |
Morgan Stanley
New York
|
-$3.52M |
| 3 |
Jane Street
New York
|
-$3.52M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$2.69M |
| 5 |
Truist Financial
Charlotte,
North Carolina
|
-$2.03M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| $2K | – | – | – |
|
|
PP
52
Paloma Partners
Greenwich,
Connecticut
| $2K | +$2.13K | +90 | New |
|
|
VC
53
Vicus Capital
State College,
Pennsylvania
| – | -$3.79M | -169,284 | Closed |
|
54
MML Investors Services
Springfield,
Massachusetts
| – | -$453K | -20,241 | Closed |
|
|
NA
55
NewEdge Advisors
New Orleans,
Louisiana
| – | -$220K | -9,829 | Closed |
|
|
SIM
56
Sonora Investment Management
Tucson,
Arizona
| – | -$11K | -500 | Closed |
|
|
WAP
57
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$8K | -339 | Closed |
|
|
SF
58
Synovus Financial
Columbus,
Georgia
| – | -$1K | -49 | Closed |
|
RIGS Hedge Fund Activity: Q2 2020 in Review
52 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2020, worth a combined $71.4M — down 16% from $85M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RIGS and 4 opened new positions — a net loss of 2 holders — while 29 trimmed existing stakes and 11 added.
The largest buyer was Citadel Advisors, adding an estimated $2.52M. The largest seller was Vicus Capital, exiting entirely with an estimated $3.79M sold.
- 52 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2020, down from 54 in Q1 2020.
- Funds reported $71.4M of ALPS Strategic Income Fund stock for Q2 2020, down 16% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q2 2020 and 6 closed out, a net change of -2 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2020 was Citadel Advisors, an estimated $2.52M added.
- The largest ALPS Strategic Income Fund seller in Q2 2020 was Vicus Capital, an estimated $3.79M sold.
Based on aggregated 13F filings for Q2 2020.