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ALPS Strategic Income Fund

32 hedge funds and large institutions have $410M invested in ALPS Strategic Income Fund in 2015 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

250% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 2

30% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 10

19% more funds holding

Funds holding: 2732 (+5)

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

2% less capital invested

Capital invested by funds: $421M → $410M (-$10.5M)

1.16% less ownership

Funds ownership: 91.08%89.92% (-1.2%)

Holders
32
Holders Change
+5
Holders Change %
+18.52%
% of All Funds
0.84%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
7
Increased
13
Reduced
10
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
RIG
1
RiverFront Investment Group
Virginia
$262M -$3.36M -138,089 -1%
RJA
2
Raymond James & Associates
Florida
$58M -$1.71M -70,147 -3%
BTS
3
BB&T Securities
Virginia
$17.5M +$2.42M +99,379 +16%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$12.4M +$422K +17,362 +3%
3AM
5
3D Asset Management
Connecticut
$11.6M +$196K +8,057 +2%
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$8.07M +$984K +40,445 +14%
Baird Financial Group
7
Baird Financial Group
Wisconsin
$7.92M -$7.11M -292,382 -47%
Morgan Stanley
8
Morgan Stanley
New York
$7.83M +$2.97M +122,114 +61%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$7.13M -$8.2M -337,103 -53%
Koshinski Asset Management
10
Koshinski Asset Management
Illinois
$4.4M -$298K -12,237 -6%
UBS Group
11
UBS Group
Switzerland
$4.11M +$2.02M +83,231 +96%
RJFSA
12
Raymond James Financial Services Advisors
Florida
$1.9M -$83K -3,410 -4%
Jane Street
13
Jane Street
New York
$1.38M -$802K -32,946 -37%
AI
14
Atria Investments
North Carolina
$777K +$27.7K +1,140 +4%
VC
15
Vicus Capital
Pennsylvania
$740K +$744K +30,591 New
MFS
16
MSI Financial Services
Massachusetts
$660K -$172K -7,086 -21%
VKH
17
Virtu KCG Holdings
New York
$603K +$607K +24,929 New
Janney Montgomery Scott
18
Janney Montgomery Scott
Pennsylvania
$461K -$39.1K -1,607 -8%
FA
19
FDx Advisors
Illinois
$423K +$425K +17,472 New
AIG
20
American International Group
New York
$408K -$91.3K -3,752 -18%
S
21
SignatureFD
Georgia
$382K +$438 +18 +0.1%
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$364K +$11.6K +478 +3%
SWP
23
Stratos Wealth Partners
Ohio
$274K +$25.1K +1,031 +10%
AWA
24
Arete Wealth Advisors
Illinois
$263K +$2.38K +98 +0.9%
PNC Financial Services Group
25
PNC Financial Services Group
Pennsylvania
$77K +$69.8K +2,867 +962%

RIGS Hedge Fund Activity: Q4 2015 in Review

32 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2015, worth a combined $410M — down 2.5% from $421M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new RIGS positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 10 trimmed.

The largest buyer was Morgan Stanley, adding an estimated $2.97M. The largest seller was Susquehanna International Group, cutting an estimated $8.2M.

  • 32 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2015, up from 27 in Q3 2015.
  • Funds reported $410M of ALPS Strategic Income Fund stock for Q4 2015, down 2.5% quarter-over-quarter.
  • 7 funds opened new ALPS Strategic Income Fund positions in Q4 2015 and 2 closed out, a net change of +5 holders.
  • The largest ALPS Strategic Income Fund buyer in Q4 2015 was Morgan Stanley, an estimated $2.97M added.
  • The largest ALPS Strategic Income Fund seller in Q4 2015 was Susquehanna International Group, an estimated $8.2M sold.

Based on aggregated 13F filings for Q4 2015.