ALPS Strategic Income Fund
RIGS
33 hedge funds and large institutions have $261M invested in ALPS Strategic Income Fund in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
10% more funds holding
Funds holding: 30 → 33 (+3)
4% more capital invested
Capital invested by funds: $252M → $261M (+$9.16M)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
1.2% less ownership
Funds ownership: 85.81% → 84.61% (-1.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BTS
BB&T Securities
Richmond,
Virginia
|
+$2.02M |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
+$1.25M |
| 3 |
Morgan Stanley
New York
|
+$1.07M |
| 4 |
GLA
Good Life Advisors
Reading,
Pennsylvania
|
+$783K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$577K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$275K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$252K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$80.2K |
| 4 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$71.3K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$67.2K |
RIGS Hedge Fund Activity: Q2 2017 in Review
33 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2017, worth a combined $261M — up 3.6% from $252M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new RIGS positions and 2 closed out — a net gain of 3 holders — while 13 added to existing stakes and 13 trimmed.
The largest buyer was BB&T Securities, adding an estimated $2.02M. The largest seller was Raymond James & Associates, cutting an estimated $275K.
- 33 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2017, up from 30 in Q1 2017.
- Funds reported $261M of ALPS Strategic Income Fund stock for Q2 2017, up 3.6% quarter-over-quarter.
- 5 funds opened new ALPS Strategic Income Fund positions in Q2 2017 and 2 closed out, a net change of +3 holders.
- The largest ALPS Strategic Income Fund buyer in Q2 2017 was BB&T Securities, an estimated $2.02M added.
- The largest ALPS Strategic Income Fund seller in Q2 2017 was Raymond James & Associates, an estimated $275K sold.
Based on aggregated 13F filings for Q2 2017.