ALPS Strategic Income Fund
RIGS
49 hedge funds and large institutions have $157M invested in ALPS Strategic Income Fund in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 21 increasing their positions, 13 reducing their positions, and 5 closing their positions.
62% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 13
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.64% less ownership
Funds ownership: 71.02% → 70.38% (-0.64%)
6% less capital invested
Capital invested by funds: $167M → $157M (-$9.2M)
6% less funds holding
Funds holding: 52 → 49 (-3)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$2.62M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$1.47M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.15M |
| 4 |
IA
IFG Advisory
Atlanta,
Georgia
|
+$463K |
| 5 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
+$445K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.89M |
| 2 |
Jane Street
New York
|
-$3.12M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.28M |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$1.04M |
| 5 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$916K |
RIGS Hedge Fund Activity: Q2 2018 in Review
49 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q2 2018, worth a combined $157M — down 5.5% from $167M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RIGS and 4 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 21 added.
The largest buyer was Global Financial Private Capital, adding an estimated $2.62M. The largest seller was Morgan Stanley, cutting an estimated $3.89M.
- 49 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q2 2018, down from 52 in Q1 2018.
- Funds reported $157M of ALPS Strategic Income Fund stock for Q2 2018, down 5.5% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q2 2018 and 5 closed out, a net change of -1 holder.
- The largest ALPS Strategic Income Fund buyer in Q2 2018 was Global Financial Private Capital, an estimated $2.62M added.
- The largest ALPS Strategic Income Fund seller in Q2 2018 was Morgan Stanley, an estimated $3.89M sold.
Based on aggregated 13F filings for Q2 2018.