ALPS Strategic Income Fund
RIGS
52 hedge funds and large institutions have $155M invested in ALPS Strategic Income Fund in 2018 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 20 increasing their positions, 16 reducing their positions, and 6 closing their positions.
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
25% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 16
6% more funds holding
Funds holding: 49 → 52 (+3)
0.73% more ownership
Funds ownership: 70.38% → 71.11% (+0.73%)
2% less capital invested
Capital invested by funds: $157M → $155M (-$2.62M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Koshinski Asset Management
Decatur,
Illinois
|
+$2.49M |
| 2 |
Jane Street
New York
|
+$1.18M |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$896K |
| 4 |
Morgan Stanley
New York
|
+$533K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$5.78M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$2.69M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| 4 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$806K |
| 5 |
VF
Virtu Financial
New York
|
-$378K |
RIGS Hedge Fund Activity: Q3 2018 in Review
52 of the 4,391 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2018, worth a combined $155M — down 1.7% from $157M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new RIGS positions and 6 closed out — a net gain of 3 holders — while 20 added to existing stakes and 16 trimmed.
The largest buyer was Koshinski Asset Management, adding an estimated $2.49M. The largest seller was Envestnet Asset Management, cutting an estimated $5.78M.
- 52 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2018, up from 49 in Q2 2018.
- Funds reported $155M of ALPS Strategic Income Fund stock for Q3 2018, down 1.7% quarter-over-quarter.
- 9 funds opened new ALPS Strategic Income Fund positions in Q3 2018 and 6 closed out, a net change of +3 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2018 was Koshinski Asset Management, an estimated $2.49M added.
- The largest ALPS Strategic Income Fund seller in Q3 2018 was Envestnet Asset Management, an estimated $5.78M sold.
Based on aggregated 13F filings for Q3 2018.