STRATEGIC GLOBAL INCOME FUND
SGL
SGL was delisted on the 18th of May, 2016.
31 hedge funds and large institutions have $25.6M invested in STRATEGIC GLOBAL INCOME FUND in 2013 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 14 reducing their positions, and 5 closing their positions.
5% more capital invested
Capital invested by funds: $24.3M → $25.6M (+$1.26M)
9% less funds holding
Funds holding: 34 → 31 (-3)
36% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 14
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$2.16M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$715K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
+$635K |
| 4 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$542K |
| 5 |
SCM
Saba Capital Management
New York
|
+$311K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$875K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$567K |
| 3 |
Morgan Stanley
New York
|
-$403K |
| 4 |
Invesco
Atlanta,
Georgia
|
-$337K |
| 5 |
TC
TFS Capital
West Chester,
Pennsylvania
|
-$227K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $34K | +$558 | +61 | +2% |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $19K | – | – | – |
|
|
MUS
28
Mitsubishi UFJ Securities
Tokyo,
Japan
| $18K | – | – | – |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $10K | – | – | – |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $7K | -$2.74K | -300 | -30% |
|
|
TC
31
TFS Capital
West Chester,
Pennsylvania
| – | -$227K | -24,092 | Closed |
|
|
WAM
32
Wolverine Asset Management
Chicago,
Illinois
| – | -$82K | -8,749 | Closed |
|
|
U
33
UBS
Zurich,
Switzerland
| – | -$29.9K | -3,269 | -100% |
|
|
FNBT
34
FineMark National Bank & Trust
Fort Myers,
Florida
| – | -$24K | -2,500 | Closed |
|
|
RFA
35
Reilly Financial Advisors
La Mesa,
California
| – | -$4K | -457 | Closed |
|
|
PMFA
36
Plante Moran Financial Advisors
Southfield,
Michigan
| – | -$1K | -133 | Closed |
|
SGL Hedge Fund Activity: Q3 2013 in Review
31 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in STRATEGIC GLOBAL INCOME FUND (SGL) for Q3 2013, worth a combined $25.6M — up 5.2% from $24.3M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SGL and 3 opened new positions — a net loss of 2 holders — while 14 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $2.16M. The largest seller was Shaker Financial Services, cutting an estimated $875K.
- 31 institutional investors held STRATEGIC GLOBAL INCOME FUND (SGL) as of Q3 2013, down from 34 in Q2 2013.
- Funds reported $25.6M of STRATEGIC GLOBAL INCOME FUND stock for Q3 2013, up 5.2% quarter-over-quarter.
- 3 funds opened new STRATEGIC GLOBAL INCOME FUND positions in Q3 2013 and 5 closed out, a net change of -2 holders.
- The largest STRATEGIC GLOBAL INCOME FUND buyer in Q3 2013 was Wells Fargo, an estimated $2.16M added.
- The largest STRATEGIC GLOBAL INCOME FUND seller in Q3 2013 was Shaker Financial Services, an estimated $875K sold.
Based on aggregated 13F filings for Q3 2013.