ALPS Strategic Income Fund
RIGS
41 hedge funds and large institutions have $272M invested in ALPS Strategic Income Fund in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 22 increasing their positions, 5 reducing their positions, and 2 closing their positions.
450% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 2
340% more repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 5
24% more funds holding
Funds holding: 33 → 41 (+8)
4% more capital invested
Capital invested by funds: $261M → $272M (+$11M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.27% less ownership
Funds ownership: 84.61% → 83.34% (-1.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$1.47M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$1.35M |
| 3 |
VF
Virtu Financial
New York
|
+$941K |
| 4 |
Morgan Stanley
New York
|
+$772K |
| 5 |
SPIA
Steward Partners Investment Advisory
New York
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$545K |
| 2 |
Baird Financial Group
Milwaukee,
Wisconsin
|
-$41K |
| 3 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$34.5K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$33.8K |
| 5 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$17.6K |
RIGS Hedge Fund Activity: Q3 2017 in Review
41 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2017, worth a combined $272M — up 4.2% from $261M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new RIGS positions and 2 closed out — a net gain of 9 holders — while 22 added to existing stakes and 5 trimmed.
The largest buyer was RiverFront Investment Group, adding an estimated $1.47M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $545K sold.
- 41 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2017, up from 33 in Q2 2017.
- Funds reported $272M of ALPS Strategic Income Fund stock for Q3 2017, up 4.2% quarter-over-quarter.
- 11 funds opened new ALPS Strategic Income Fund positions in Q3 2017 and 2 closed out, a net change of +9 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2017 was RiverFront Investment Group, an estimated $1.47M added.
- The largest ALPS Strategic Income Fund seller in Q3 2017 was Susquehanna International Group, an estimated $545K sold.
Based on aggregated 13F filings for Q3 2017.