ALPS Strategic Income Fund
RIGS
23 hedge funds and large institutions have $448M invested in ALPS Strategic Income Fund in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 6 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 6
9.18% more ownership
Funds ownership: 80.06% → 89.24% (+9.2%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4% less funds holding
Funds holding: 24 → 23 (-1)
20% less capital invested
Capital invested by funds: $561M → $448M (-$112M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$50M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$12.6M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.01M |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$698K |
| 5 |
Morgan Stanley
New York
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$1.63M |
| 2 |
TC
Trust Company
Manhattan,
Kansas
|
-$1.04M |
| 3 |
WT
Whittier Trust
South Pasadena,
California
|
-$513K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$442K |
| 5 |
Jane Street
New York
|
-$352K |
RIGS Hedge Fund Activity: Q2 2015 in Review
23 of the 3,711 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2015, worth a combined $448M — down 20% from $561M a quarter earlier.
Fund positioning in RIGS was balanced in Q2 2015: 4 funds opened new positions, 4 closed out, 12 added to existing stakes and 6 trimmed.
The largest buyer was Raymond James & Associates, adding an estimated $50M. The largest seller was RiverFront Investment Group, cutting an estimated $1.63M.
- 23 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2015, down from 24 in Q1 2015.
- Funds reported $448M of ALPS Strategic Income Fund stock for Q2 2015, down 20% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q2 2015 and 4 closed out, a net change of 0 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2015 was Raymond James & Associates, an estimated $50M added.
- The largest ALPS Strategic Income Fund seller in Q2 2015 was RiverFront Investment Group, an estimated $1.63M sold.
Based on aggregated 13F filings for Q2 2015.