ALPS Strategic Income Fund
RIGS
56 hedge funds and large institutions have $87.5M invested in ALPS Strategic Income Fund in 2019 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 6 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
3% less capital inflows, than outflows
Capital inflows: $7.05M | Capital outflows: $7.25M
2.71% less ownership
Funds ownership: 56.45% → 53.74% (-2.7%)
5% less funds holding
Funds holding: 59 → 56 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Focus Financial Network
Minneapolis,
Minnesota
|
+$1.32M |
| 2 |
Jane Street
New York
|
+$949K |
| 3 |
Global Financial Private Capital
Sarasota,
Florida
|
+$908K |
| 4 |
Nations Financial Group
Cedar Rapids,
Iowa
|
+$837K |
| 5 |
LPL Financial
San Diego,
California
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BB&T Securities
Richmond,
Virginia
|
-$2.44M |
| 2 |
RiverFront Investment Group
Richmond,
Virginia
|
-$824K |
| 3 |
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$763K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$729K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$418K |
RIGS Hedge Fund Activity: Q3 2019 in Review
56 of the 4,576 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2019, worth a combined $87.5M — up 0.08% from $87.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of RIGS and 3 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Focus Financial Network, opening a new position worth an estimated $1.32M. The largest seller was BB&T Securities, cutting an estimated $2.44M.
- 56 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2019, down from 59 in Q2 2019.
- Funds reported $87.5M of ALPS Strategic Income Fund stock for Q3 2019, up 0.08% quarter-over-quarter.
- 3 funds opened new ALPS Strategic Income Fund positions in Q3 2019 and 6 closed out, a net change of -3 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2019 was Focus Financial Network, an estimated $1.32M added.
- The largest ALPS Strategic Income Fund seller in Q3 2019 was BB&T Securities, an estimated $2.44M sold.
Based on aggregated 13F filings for Q3 2019.