ALPS Strategic Income Fund
RIGS
24 hedge funds and large institutions have $388M invested in ALPS Strategic Income Fund in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
275% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 4
36% more capital invested
Capital invested by funds: $285M → $388M (+$103M)
9% more funds holding
Funds holding: 22 → 24 (+2)
1.18% more ownership
Funds ownership: 78.88% → 80.06% (+1.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$76M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$9.08M |
| 3 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$6.56M |
| 4 |
B
Baird
Milwaukee,
Wisconsin
|
+$6.06M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.18M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.61M |
| 2 |
AIG
American International Group
New York
|
-$658K |
| 3 |
Jane Street
New York
|
-$134K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$42.9K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$8K |
RIGS Hedge Fund Activity: Q1 2015 in Review
24 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q1 2015, worth a combined $388M — up 36% from $285M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new RIGS positions and 1 closed out — a net gain of 3 holders — while 15 added to existing stakes and 4 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $76M. The largest seller was Susquehanna International Group, cutting an estimated $2.61M.
- 24 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q1 2015, up from 22 in Q4 2014.
- Funds reported $388M of ALPS Strategic Income Fund stock for Q1 2015, up 36% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q1 2015 and 1 closed out, a net change of +3 holders.
- The largest ALPS Strategic Income Fund buyer in Q1 2015 was RiverFront Investment Group, an estimated $76M added.
- The largest ALPS Strategic Income Fund seller in Q1 2015 was Susquehanna International Group, an estimated $2.61M sold.
Based on aggregated 13F filings for Q1 2015.