ALPS Strategic Income Fund
RIGS
44 hedge funds and large institutions have $65.6M invested in ALPS Strategic Income Fund in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 18 reducing their positions, and 10 closing their positions.
3.47% less ownership
Funds ownership: 55.91% → 52.44% (-3.5%)
8% less capital invested
Capital invested by funds: $71.4M → $65.6M (-$5.82M)
15% less funds holding
Funds holding: 52 → 44 (-8)
17% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 18
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.27M |
| 2 |
AssetMark Inc
Concord,
California
|
+$918K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$708K |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$523K |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
+$462K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.09M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$762K |
| 3 |
FFN
Focus Financial Network
Minneapolis,
Minnesota
|
-$607K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$538K |
| 5 |
CWM
Cornerstone Wealth Management
St. Peters,
Missouri
|
-$483K |
RIGS Hedge Fund Activity: Q3 2020 in Review
44 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2020, worth a combined $65.6M — down 8.1% from $71.4M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of RIGS and 4 opened new positions — a net loss of 6 holders — while 18 trimmed existing stakes and 15 added.
The largest buyer was Jane Street, adding an estimated $3.27M. The largest seller was Morgan Stanley, cutting an estimated $2.09M.
- 44 institutional investors held ALPS Strategic Income Fund (RIGS) as of Q3 2020, down from 52 in Q2 2020.
- Funds reported $65.6M of ALPS Strategic Income Fund stock for Q3 2020, down 8.1% quarter-over-quarter.
- 4 funds opened new ALPS Strategic Income Fund positions in Q3 2020 and 10 closed out, a net change of -6 holders.
- The largest ALPS Strategic Income Fund buyer in Q3 2020 was Jane Street, an estimated $3.27M added.
- The largest ALPS Strategic Income Fund seller in Q3 2020 was Morgan Stanley, an estimated $2.09M sold.
Based on aggregated 13F filings for Q3 2020.