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ALPS Strategic Income Fund

44 hedge funds and large institutions have $61.6M 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.

New
Increased
Maintained
Reduced
Closed

3.47% less ownership

Funds ownership: 55.91%52.44% (-3.5%)

14% less capital invested

Capital invested by funds: $71.4M → $61.6M (-$9.89M)

15% less funds holding

Funds holding: 5244 (-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

Holders
44
Holders Change
-8
Holders Change %
-15.38%
% of All Funds
0.89%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
15
Reduced
18
Closed
10
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.77M -$2.09M -84,974 -24%
Envestnet Asset Management
2
Envestnet Asset Management
Illinois
$6.32M +$12.4K +503 +0.2%
Jane Street
3
Jane Street
New York
$5.61M +$3.27M +132,802 +138%
RIG
4
RiverFront Investment Group
Virginia
$5.06M -$221K -8,952 -4%
Citadel Advisors
5
Citadel Advisors
Florida
$4.04M +$34.7K +1,406 +0.9%
Truist Financial
6
Truist Financial
North Carolina
$3.61M -$238K -9,637 -6%
SIA
7
Strategic Investment Advisors
Michigan
$3.37M +$160K +6,494 +5%
FF
8
Fluent Financial
Texas
$3.35M +$52.2K +2,117 +2%
Stifel Financial
9
Stifel Financial
Missouri
$2.04M +$462K +18,760 +29%
Osaic Holdings
10
Osaic Holdings
Arizona
$1.91M +$28.2K +1,144 +1%
Susquehanna International Group
11
Susquehanna International Group
Pennsylvania
$1.9M -$69.2K -2,806 -4%
Cetera Investment Advisers
12
Cetera Investment Advisers
Illinois
$1.72M -$285K -11,564 -14%
Janney Montgomery Scott
13
Janney Montgomery Scott
Pennsylvania
$1.46M +$180K +7,290 +14%
SPIA
14
Steward Partners Investment Advisory
New York
$1.4M -$60.9K -2,469 -4%
SPC
15
Sigma Planning Corp
Michigan
$1.1M -$3.8K -154 -0.3%
RJFSA
16
Raymond James Financial Services Advisors
Florida
$1.07M +$133K +5,403 +14%
Royal Bank of Canada
17
Royal Bank of Canada
Ontario, Canada
$955K -$2.02K -82 -0.2%
AssetMark Inc
18
AssetMark Inc
California
$925K +$918K +37,244 +7,524%
UBS Group
19
UBS Group
Switzerland
$764K +$708K +28,734 +1,169%
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$747K -$98.7K -4,002 -12%
CWM
21
Cornerstone Wealth Management
Missouri
$736K -$483K -19,609 -39%
SWP
22
Stratos Wealth Partners
Ohio
$725K -$3.97K -161 -0.5%
RJA
23
Raymond James & Associates
Florida
$635K -$538K -21,834 -46%
Creative Planning
24
Creative Planning
Kansas
$613K -$7.12K -289 -1%
LPL Financial
25
LPL Financial
California
$554K +$19.6K +794 +4%

RIGS Hedge Fund Activity: Q3 2020 in Review

44 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in ALPS Strategic Income Fund (RIGS) for Q3 2020, worth a combined $61.6M — down 14% 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 $61.6M of ALPS Strategic Income Fund stock for Q3 2020, down 14% 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.