We are live on ! Find out more
RIGS icon

ALPS Strategic Income Fund
RIGS

15 hedge funds and large institutions have $361M invested in ALPS Strategic Income Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, reducing their positions, and 0 closing their positions.

New
Increased
Maintained
Reduced
Closed

88% more funds holding

Funds holding: 8 → 15 (+7)

33% more capital invested

Capital invested by funds: $272M → $361M (+$89M)

0% more funds holding in top 10

Funds holding in top 10: 1 → 1 (0)

2.4% less ownership

Funds ownership: 95.59% → 93.19% (-2.4%)

Holders
15
Holders Change
+7
Holders Change %
+87.5%
% of All Funds
0.43%
Holding in Top 10
1
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
0.03%
New
7
Increased
8
Reduced
–
Closed
–
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
RIG
RiverFront Investment Group
Virginia
+$48.8M
2
BTS
BB&T Securities
Virginia
+$3.49M
3
RJA
Raymond James & Associates
Florida
+$1.52M
4
AIG
American International Group
New York
+$567K
5
Royal Bank of Canada
Royal Bank of Canada
Ontario, Canada
+$523K

Top Sellers

No sellers this quarter
Name Holding Trade Value Shares
Change 		Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$240M +$48.8M +1,915,561 +26%
BTS
2
BB&T Securities
Virginia
$98.6M +$3.49M +137,187 +55%
RJA
3
Raymond James & Associates
Florida
$11.6M +$1.52M +59,497 +15%
B
4
Baird
Wisconsin
$3.44M +$110K +4,311 +3%
Morgan Stanley
5
Morgan Stanley
New York
$2.92M +$418K +16,402 +17%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$1.4M +$523K +20,518 +59%
AIG
7
American International Group
New York
$1.2M +$567K +22,275 +89%
Envestnet Asset Management
8
Envestnet Asset Management
Illinois
$869K +$193K +7,574 +29%
Janney Montgomery Scott
9
Janney Montgomery Scott
Pennsylvania
$239K +$239K +9,395 New
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$213K +$213K +8,351 New
MFS
11
MSI Financial Services
Massachusetts
$117K +$117K +4,601 New
U
12
UBS
Switzerland
$62K +$61K +2,396 New
HI
13
Hudock Inc
Pennsylvania
$46K +$46.4K +1,822 New
WEC
14
Winslow Evans & Crocker
Massachusetts
$12.7K +$12.7K +500 New
NFG
15
Next Financial Group
Texas
$2K +$2.17K +85 New

RIGS Hedge Fund Activity: Q2 2014 in Review

15 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2014, worth a combined $361M — up 33% from $272M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RIGS positions and 0 closed out — a net gain of 7 holders — while 8 added to existing stakes and 0 trimmed.

The largest buyer was RiverFront Investment Group, adding an estimated $48.8M.

  • 15 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2014, up from 8 in Q1 2014.
  • Funds reported $361M of ALPS Strategic Income Fund stock for Q2 2014, up 33% quarter-over-quarter.
  • 7 funds opened new ALPS Strategic Income Fund positions in Q2 2014 and 0 closed out, a net change of +7 holders.
  • The largest ALPS Strategic Income Fund buyer in Q2 2014 was RiverFront Investment Group, an estimated $48.8M added.

Based on aggregated 13F filings for Q2 2014.