STRATEGIC GLOBAL INCOME FUND
SGL
SGL was delisted on the 18th of May, 2016.
31 hedge funds and large institutions have $43M invested in STRATEGIC GLOBAL INCOME FUND in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 5 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
4% less capital invested
Capital invested by funds: $44.6M → $43M (-$1.67M)
9% less funds holding
Funds holding: 34 → 31 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.6M |
| 2 |
FIMG
Financial & Investment Management Group
Traverse City,
Michigan
|
+$1.15M |
| 3 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.15M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$146K |
| 5 |
LPL Financial
San Diego,
California
|
+$111K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.45M |
| 2 |
SCM
Saba Capital Management
New York
|
-$840K |
| 3 |
PAM
Panagora Asset Management
Boston,
Massachusetts
|
-$321K |
| 4 |
DA
Doliver Advisors
Houston,
Texas
|
-$276K |
| 5 |
LCM
Landscape Capital Management
Englewood,
New Jersey
|
-$149K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SSB
26
Sandy Spring Bank
Olney,
Maryland
| $17K | – | – | – |
|
27
Bank of Montreal
Toronto,
Ontario, Canada
| $16K | – | – | – |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $13K | -$2.89K | -354 | -19% |
|
|
KT
29
Kanaly Trust
Houston,
Texas
| $8K | – | – | – |
|
|
GWM
30
Gupta Wealth Management
San Diego,
California
| $7K | – | – | – |
|
|
PAM
31
Panagora Asset Management
Boston,
Massachusetts
| – | -$321K | -38,777 | Closed |
|
|
DA
32
Doliver Advisors
Houston,
Texas
| – | -$276K | -33,315 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$79K | -9,526 | Closed |
|
|
HCMT
34
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$2K | -189 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$1K | -109 | Closed |
|
SGL Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in STRATEGIC GLOBAL INCOME FUND (SGL) for Q3 2015, worth a combined $43M — down 3.7% from $44.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of SGL and 2 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 10 added.
The largest buyer was Wells Fargo, adding an estimated $1.6M. The largest seller was Morgan Stanley, cutting an estimated $2.45M.
- 31 institutional investors held STRATEGIC GLOBAL INCOME FUND (SGL) as of Q3 2015, down from 34 in Q2 2015.
- Funds reported $43M of STRATEGIC GLOBAL INCOME FUND stock for Q3 2015, down 3.7% quarter-over-quarter.
- 2 funds opened new STRATEGIC GLOBAL INCOME FUND positions in Q3 2015 and 5 closed out, a net change of -3 holders.
- The largest STRATEGIC GLOBAL INCOME FUND buyer in Q3 2015 was Wells Fargo, an estimated $1.6M added.
- The largest STRATEGIC GLOBAL INCOME FUND seller in Q3 2015 was Morgan Stanley, an estimated $2.45M sold.
Based on aggregated 13F filings for Q3 2015.