ALPS Strategic Income Fund
RIGS
44 hedge funds and large institutions have $280M invested in ALPS Strategic Income Fund in 2017 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 21 increasing their positions, 8 reducing their positions, and 4 closing their positions.
163% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 8
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
7% more funds holding
Funds holding: 41 → 44 (+3)
3% more capital invested
Capital invested by funds: $272M → $280M (+$7.46M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.91% less ownership
Funds ownership: 83.34% → 82.43% (-0.91%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$2.86M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.27M |
| 3 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$1.31M |
| 4 |
SPIA
Steward Partners Investment Advisory
New York
|
+$1.06M |
| 5 |
Koshinski Asset Management
Decatur,
Illinois
|
+$1.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$943K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$845K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
-$562K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$549K |
| 5 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$128K |
RIGS Hedge Fund Activity: Q4 2017 in Review
44 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q4 2017, worth a combined $280M — up 2.7% from $272M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new RIGS positions and 4 closed out — a net gain of 3 holders — while 21 added to existing stakes and 8 trimmed.
The largest buyer was Global Financial Private Capital, opening a new position worth an estimated $2.86M. The largest seller was Virtu Financial, exiting entirely with an estimated $943K sold.
- 44 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q4 2017, up from 41 in Q3 2017.
- Funds reported $280M of ALPS Strategic Income Fund stock for Q4 2017, up 2.7% quarter-over-quarter.
- 7 funds opened new ALPS Strategic Income Fund positions in Q4 2017 and 4 closed out, a net change of +3 holders.
- The largest ALPS Strategic Income Fund buyer in Q4 2017 was Global Financial Private Capital, an estimated $2.86M added.
- The largest ALPS Strategic Income Fund seller in Q4 2017 was Virtu Financial, an estimated $943K sold.
Based on aggregated 13F filings for Q4 2017.